2827 B Waialae Avenue
Honolulu, HI 96826
- – beds
- – baths
- – sqft
- 1939 build
- – on site
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.
Last checked:
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Last updated Nov 15, 2024
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MLS# 202424671 —
The Building
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Year Built:1939
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Construction Materials:DoubleWall,Concrete,SingleWall,WoodFrame
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Foundation Details:Slab
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Structure Type:MultiFamily
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Stories:2
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Levels:Two
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Number Of Units Total:6
Interior
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Interior Features:HandicapAccess
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Laundry Features:CoinOperated
The Property
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Property Type:Residential
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Property Sub Type:MultiFamily
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Property Condition:AverageCondition,GoodCondition
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Lot Size Area:5525.0
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Lot Features:InteriorLot,Other,Level
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Zoning Description:12 - A-2 Medium Density Apartme
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Parcel Number:1-2-7-028-042-0000
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Topography:Level
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View:Canal,Garden,Mountains
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View:true
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Frontage Type:Canal
Listing Agent
- Contact info:
- Agent phone:
- (808) 349-6210
- Office phone:
- (808) 725-2794
Taxes
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Tax Annual Amount:5689.2
Utilities
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Utilities:AboveGroundUtilities,ElectricityAvailable,PhoneAvailable,SewerAvailable,WaterAvailable,SewerConnected
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Sewer:Connected
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Water Source:Public
The Community
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Subdivision Name:MOILIILI
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Community Features:Other,StorageFacilities
Parking
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Parking Total:6.0
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Parking Features:Assigned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/11/24
Nov 11, 2024
|
Listed / Active | HI_CENTRAL_MLS | $2,323,000 |
