3208 Waialae Ave
Honolulu, HI 96816

For Sale
Sold
Sold Price
$1,900,000 (FS)
List Price
$2,550,000 (FS)
Property Type:
Single Family
Bedrooms:
4
Full Baths:
4
Half Baths:
0
Land Area (sf):
7,457
Living (sf):
2,112
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
3 - 1 Car
Property Photo
MLS #:
202508053
Island:
Oahu
Region:
Diamond Head
Neighborhood:
PALOLO
TMK:
1-3-3-002-028-0000
List Date:
Date Sold:

REMARKS:

Rare opportunity for an owner-user or investor to have multiple revenue streams with both commercial and residential applications! Prime location, including the former Venus Building, that encompasses 7, 457 square feet of land and features an 892 square foot retail space and a residential home used as a 4-unit rental apartment. Property is strategically located along bustling Waialae Avenue, granting maximum exposure and accessibility. Property also includes a 2, 112 square foot residential structure housing multiple units: one 3-bedroom/1-bath, two 1-bedroom/1-bath, and one studio/1-bath. This combination of residential and commercial units presents an attractive investment opportunity for buyers looking to capitalize on the growing demand for mixed-use properties in the area. As part of the Kaimuki/Palolo/Waialae neighborhood, 3208 Waialae Avenue also benefits from a vibrant community atmosphere and close proximity to many schools, the University of Hawaii at Manoa, St. Louis and Chaminade, phenomenal local eateries, shops and businesses. Sold in its WHERE IS and AS IS conditions.

PROPERTY INFORMATION:

Zoning:
32 - B-2 Community Business Dis
Furnished:
None
Year Built:
1942
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,580,900
Assd. Val. Imprv:
$98,600
Assd. Val. Total:
$1,679,500
Tax Year:
2023
Monthly Taxes:
$139,958
Home Exempt.:
None

SCHOOLS:

Elem. School:
Aliiolani
Middle School:
Jarrett
High School:
Kaimuki

OTHER PROPERTY FEATURES:

Frontage:
--
View:
None
Pool:
None
Amenities:
None
Inclusions:
None
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
None
Lot Description:
Clear, Irregular
Topography:
Gentle Slope
Number of Stories:
One
Building Style:
Multiple Dwellings
Property Condition:
Fair
Construction:
Wood Frame
Roofing:
Other
Floor Covering:
Hardwood
Disclosures:
None
Possession:
At Closing
Terms Accept.:
1031 Exchange, Agreement of Sale, Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
Sewer
Set-Backs:
Of Record

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Sunday, March 8, 2026.  Information is deemed reliable but not guaranteed.  Copyright: 2026 by HiCentral MLS, Ltd.  Listing courtesy of Bratton Realty Advisors Ltd