3427 Waialae Ave
Honolulu, HI 96816
- 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
- TMK:
- 1-3-2-004-011-0000
- List Date:
- Island:
- Oahu
- Region:
- Diamond Head
- Neighborhood:
- KAIMUKI
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:
- Elementary School:
- --
- Middle School:
- --
- High School:
- --
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Monday, April 13, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies