Active

2827-B Waialae Avenue

Honolulu HI, 96826

$2,323,000


Active

Multi-family

Built in 1939

Located near UH, bus stops, and a freeway entrance, this fully occupied multi-family property at 2827B Waialae Ave presents an excellent investment opportunity. It includes five 2-bedroom apartments ideal for student rentals, plus a spacious 3-bedroom unit perfect for owner occupancy or additional rental income. Equipped with Ring Spotlight cameras, the property offers added security and peace of mind for tenants. The listing price is $2,323,000, based on the 2018 purchase price, adjusted for property taxes and six years of compounded loan interest. Interest rates were applied at 4% for the first two years, 5% for the next two, and 6% for the final two years, adding $589,205.79 to the original purchase price of $1,733,710.08. This property is a rare opportunity for rental income and growth potential in an ideal location.

202424671

MLS ID

November 1, 2024

Listed

December 4, 2024

Updated

Map

2827-B Waialae Avenue
Honolulu HI, 96826

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

5,525 Acres


Lot Features

Interior Lot, Other, Level


Roof

Composition

Other Property Details

Taxes

$5,689


Tax Frequency

Annually


Garage

No


Parking Total

6


View

Yes


View Description

Canal, Garden, Mountain(s)


County

Oahu


Water Source

Public


Pool

No


Zoning

12 - A-2 Medium Density Apartme

 

Courtesy of eXp Realty, Loren BA Graham

Listing Contact: (808) 725-2794 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 12/4/2024 4:52 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. Some of the 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. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved. 

Data last updated 4:52 PM UTC, 12/4/2024

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