3427 Waialae Avenue

$5,200,000

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.

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Interior

Total Bedrooms	12
Total Bathrooms	12
Full Bathrooms	12
Flooring	Other

Exterior

Stories	3
Utilities	Cable Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available
POOL	None
Lot Features	Cleared, Interior Lot, Level
Parking	Three or more Spaces

Area & Lot

Status	For Sale
LIVING SPACE	8,775 Sq.Ft.
LOT SIZE	0.25 Acres
MLS® ID	202517028
Type	Residential
Year Built	1960
Neighborhood	Honolulu
Architecture Styles	Multiplex
View Description	City, Mountain(s), Sunset

Financial

SALES PRICE	$5,200,000
REAL ESTATE TAXES	$45,120/yr

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Christina’s mission is to provide exemplary, personalized service for multifamily investors. She is laser-focused on providing the best marketing and exposure, identifying capable buyers, and proactively addressing their concerns so that the process is as stress-fee as possible. Commercial Investment Strategies is the only firm in Hawaii exclusively engaged in apartment building buying and selling.

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3427 Waialae Avenue