3427 Waialae Avenue, Honolulu, HI 96816

List Price
$5,200,000
Status
ACTIVE
Type
Multifamily
MLS#
202517010
Days on Market
18
Land Area
11,000
Year Built
1960
Property Type
Residential
Neighborhood
Kaimuki
Land Tenure
FS - Fee Simple

Property Description

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.

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
View
City, Mountain(s), Sunset
Lot Size
11,000
Construction Materials
Hollow Tile
Neighborhood
Kaimuki
Frontage
Other
Furnished
Partially
Year Built
1960
Sewer
Connected
Parking Features
Assigned, Open
Lot Features
Cleared, Interior Lot, Level
Assessed Total
3630000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Commercial Inv. Strategies.

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