3427 Waialae Avenue Honolulu, HI 96816

Listing
Overview

Price: $4,895,000
Area: KAIMUKI
Status: Active

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 6 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. Listing by: Commercial Inv. Strategies (808) 429-1098

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  • BedsTotal: 12
  • Full Baths: 12
  • Land Area (sf): 11,000 sf
  • Living (sf): 8,775
  • Year Built: 1960

  • Property Condition: Above Average
  • Number of Parking Spaces: 20
  • View: City,Diamond Head,Sunset
  • Listing Office: Commercial Inv. Strategies

  • Land Tenure: FS - Fee Simple

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on October 27, 2025 - 8:53 AM Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
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