3427 Waialae Ave
Honolulu, HI 96816
Sold Price
$4,400,000 (FS)
List Price
$4,895,000 (FS)
- Property Type:
- Multi-Family
- Studio Units:
- 0
- 1-Bed Units:
- 12
- 2-Bed Units:
- 0
- 3-Bed Units:
- 0
- Land Area (sf):
- 11,000
- Living (sf):
- --
- Lanai (sf):
- --
- Other (sf):
- --
- Parking Stalls:
- 20 - Assigned, Open
- MLS #:
- 202517010
- Island:
- Oahu
- Region:
- Diamond Head
- Neighborhood:
- KAIMUKI
- TMK:
- 1-3-2-004-011-0000
- List Date:
- Date Sold:
REMARKS:
RARE FIND in super desirable Waialae neighborhood with excellent opportunity to value add and increase rents with 11, 000sf B-2 zoned on TWO LOTS for flexible use. Convert comm to Resi and get use exemption to lower taxes, or convert Resi to office. Currently configured as 12 one beds with secure access and 5 comm units (2 units combine 2 spaces for 3 existing comm tenants, 1 unit used by owner for storage). All units separately metered for electric, one water meter, gas water heaters. Owned coin laundry. Resi AC owned by LL, maintained by tenants; comm AC owned and maintained by tenants. 10’ setback.
PROPERTY INFORMATION:
- Zoning:
- 32 - B-2 Community Business Dis
- Furnished:
- Partial
- Year Built:
- 1960
- Year Remodeled:
- --
FINANCIAL INFORMATION:
- Assd. Val. Land:
- $2,650,000
- Assd. Val. Imprv:
- $980,000
- Assd. Val. Total:
- $3,630,000
- Tax Year:
- 2025
- Monthly Taxes:
- $3,760
- Home Exempt.:
- --
SCHOOLS:
- Elem. School:
- --
- Middle School:
- --
- High School:
- --
OTHER PROPERTY FEATURES:
- Frontage:
- Other
- View:
- City, Diamond Head, Sunset
- Pool:
- --
- Amenities:
- None
- Inclusions:
- --
- Security:
- --
- Assn. Fee Inclusions:
- --
- Other Fee Inclusions:
- --
- Lot Description:
- Clear
- Topography:
- Level
- Number of Stories:
- Three
- Building Style:
- --
- Property Condition:
- Above Average
- Construction:
- Hollow Tile
- Roofing:
- Other
- Floor Covering:
- --
- Disclosures:
- Pet on Property
- Possession:
- At Closing, Subject To Tenancy
- Terms Accept.:
- 1031 Exchange, Cash, Conventional
- Land Recorded:
- Regular System
- Exclusions:
- --
- Easements:
- None
- Set-Backs:
- Of Record
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, March 14, 2026. Information is deemed
reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies