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303 Wai Nani Way

Honolulu, HI 96815
  • $3,580,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 202217121
UPDATED: 38 min ago
$3,580,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,988
    SQFT
  • $1,198
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

A fascinating & rare opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home also has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.

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© 2022 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Island Life Homes.

Licensed in the State of Hawaii, USA.
www.islandlifehm.com/homes/134089076
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303 Wai Nani Way Honolulu, HI 96815

  • Price: $3,580,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 38 min ago
  • MLS #: 202217121
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,988
SQFT
$1,198
$/SQFT
1939
Built
Neighborhood:
Waikiki
County:
Oahu
Area:
Metro
Elementary School:
Jefferson
Middle School:
Kaimuki
High School:
Washington
Property Description
A fascinating & rare opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home also has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
Exterior Features

Construction Materials Above GroundSingle WallWood Frame Location Other Lot Description Clear Other Parking None Parking AssignedCoveredOpenTandem Parking Total 6 Property Frontage Other Roof Asphalt Shingle Stories One Topography Level View None

Interior Features

Furnished None Laundry DryerIndividualWasher Remodeled Year 2015 Sq Ft Building 2988

Property Features

1 Bed Units 0 2 Bed Units 0 3 Or More Bed Units 4 Amenities None Annual Expenses 18455.00 Assessed Value Improvements 205200.00 Assessed Value Land 1615900.00 Assessed Value Total 1821100.00 Building Type FourplexMulti Dwellings Disclosures 1031 ExchangeLicensed OwnerListor OwnerPet On PropertyProperty Disclosure StmtRelative Of Licensee Documents Lease DocumentsP&LTitle Search Easements Electric Expenses Include Excise TaxInsuranceProperty TaxRepair Maintenance Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure Fs - Fee Simple Listing Financing CashConventional Net Operating Income 100945.00 Other Income 0.00 Possession At Closing Property Condition Average Recreation Facilities None Set Backs C&C Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 534.08 Tax Paid By Seller No Tax Year 2022 Tenant Pays Cable TvElectricityOtherWater Total Actual Rent 9950.00 Total Income 119400.00 Utilities Available CableInternetOverhead ElectricityPublic WaterSewer FeeWater Utilities Meters ElectricWater Zoning X2 - Apartment Precinct

Listings provided courtesy of Gloria Chi Realty Inc.: (808) 941-9999.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2022-11-27T08:58:56.58. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd.


© 2022 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings 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 and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Island Life Homes.

Licensed in the State of Hawaii, USA.
 
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