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3427 Waialae Ave, Honolulu, HI, 96816
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3427 Waialae Ave, Honolulu, HI 96816

$4,895,000  $305,000 Multi-Family Home for sale 8,775 sqft Neighborhood:  Kaimuki
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.
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Multi-family details

1960 year built
  • Year Built 1960
  • Days on market 126
  • Price per sqft $558/sqft
  • Address

    3427 Waialae Ave, Honolulu, HI, 96816

  • Frontage Other
  • Neighborhood Kaimuki
  • Land tenure FS - Fee Simple
  • Land SqFt 11,000 sqft
  • View City, Diamond Head, Sunset

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$24,959
Taxes
$3,760
HOA dues
$0
$28,719 per month
Mortgage
Down payment
$979,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $24,959 / month

Neighborhood: Kaimuki

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
18 / 20
Most Walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

17 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
17

Amenities & Features

20 parking places
Stories
Three
Furnished
Partial
Construction
Hollow Tile
Utilities
Cable, Gas, Internet, Overhead Electricity, Sewer Fee, Water
Property Condition
Above Average
Parking
Assigned, Open
nr.of parking places
20
Amenities
None

Income

Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income

Kaimuki prices

Average price $726.19k
Neighborhood average sales price*
$726.19k
Neighborhood median sales price*
$772k
Number or sales*
7
Street median sales price*
$772k
*last 6 months

About Kaimuki

The neighborhood of Kaimuki was once the suburbs of Honolulu and is now considered urban. Development  in this neighborhood began in the early 1900's and many of those home that were built before 1930's remain in some form. Then another growth spurt Read more

Schools

15 schools in this area
School rating Distance
NR
Aliiolani Elementary School
1240 7th Ave, Honolulu, HI 96816
Elementary School
0.202mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
Middle School
0.211mi
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
High School
0.385mi
School rating Distance
NR
Aliiolani Elementary School
1240 7th Ave, Honolulu, HI 96816
0.202mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.211mi
NR
Queen Lydia Liliuokalani Elementary School
3633 Waialae Ave, Honolulu, HI 96816
0.384mi
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
0.385mi
NR
Sacred Hearts Academy
3253 Waialac Avenue, Honolulu, HI 96816
0.395mi
School rating Distance
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.211mi
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
0.385mi
NR
Sacred Hearts Academy
3253 Waialac Avenue, Honolulu, HI 96816
0.395mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.486mi
NR
William P Jarrett Middle School
1903 Palolo Ave, Honolulu, HI 96816
0.978mi
School rating Distance
NR
Kaimuki Christian School
1117 Koko Head Ave, Honolulu, HI 96816
0.385mi
NR
Sacred Hearts Academy
3253 Waialac Avenue, Honolulu, HI 96816
0.395mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.486mi
NR
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.896mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
1.143mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Tax & MLS details 3427 Waialae Ave, Honolulu, HI, 96816

MLS #202517010
Current Property Taxes p/month
$3,760
Assessed Improvement value
$980,000
TMK
1-3-2-004-011-0000
Flood Zone
Zone X
Topography
Level
Lot Description
Clear
Total Assessed value
$3,630,000
Listed by
Commercial Inv. Strategies
(808) 429-1098
MLS #
202517010
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Similar homes nearby 3427 Waialae Ave in Kaimuki

Recently sold nearby 3427 Waialae Ave in Kaimuki

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Frequently asked questions for 3427 Waialae Ave

When was this multi-family home built and last sold?

This house was build in 1960.

What is the full address of this multi-family home?

3427 Waialae Ave, Honolulu, HI, 96816.

Are there beaches near 3427 Waialae Ave?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on October 27, 2025.
Hawaii House Last checked less than a minute ago.

Multi-Family Home for sale $4,895,000  $305,000 3427 Waialae Ave, Honolulu, HI, 96816 8,775 sqft Save House Remove from Saved