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  • $5,200,000

    3427 Waialae Ave, Honolulu, HI 96816

    --beds
    0baths
    8,775sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $593/sqft
    $-- HOA

    What's special

    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.
    2 days
    on Zillow
    |
    68
    |
    3
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    Zillow last checked: 7 hours ago

    Listing updated: August 03, 2025 at 11:05am

    Listed by:

    Christina L Dwight 808-429-1098,

    Commercial Inv. Strategies

    Source: HiCentral MLS,MLS#: 202517010MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 3427 Waialae Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Laundry: Coin-operated
    Interior area
    • Total structure area: 8,775
    • Total interior livable area: 8,775 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Assigned, Open
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Has view: Yes
    • View description: City, Mountain(s), Sunset
    • Frontage type: Other
    Lot
    • Features: Cleared, Interior Lot, Level
    • Topography: Level
    Details
    • Parcel number: 1320040110000
    • Zoning description: 32 - B-2 Community Business Dis
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Hollow Tile
    Condition
    • Good Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Connected
    • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Kaimuki
    Location
    • Region: Honolulu

    Financial & listing details

    • Price per square foot: $593/sqft
    • Tax assessed value: $3,630,000
    • Annual tax amount: $45,120
    • Date on market: 8/3/2025
    • Total actual rent: 33725
    • Tenant pays: Cable TV, Electricity
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