| Description | This recently rehabbed 8-unit multifamily property in the heart of Moiliili offers investors strong cash flow and appreciation potential. Each 2-bedroom, 1-bath unit has been upgraded with new kitchens, baths, upgraded finishes, air conditioning, plus a new roof, plumbing, and electrical systems. With 8 marked parking stalls, tenant-paid laundry, parking, and pet fees, the property generates multiple revenue streams. Property is ready to be leased with projected monthly rents of $20,000 provides immediate returns with minimal near-term capital expenditures. *Seller is also selling adjacent 8-unit apartment building and both properties can be sold together, 829 Waiaka Place, MLS#202600664, TMK 1-2-7-27-51 |
|---|---|
| Status | Active since 01-09-2026 |
| MLS# | 202600662 |
| Price | $3,495,000 |
| Original Price | $4,250,000 |
| Price Change | $-755,000 (-17.76%) |
| Studio Units | 0 |
| One Bed Units | 0 |
| Two Bed Units | 8 |
| Three Bed Units | 0 |
| Living Sq Ft | 4,968 |
| Land Sq Ft | 7,964 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 2711 Waiaka Road Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Moiliili |
| Days on Market | 261 |
| Year Built | 1941 |
| Year Remodeled | 2025 |
| Condition | Excellent |
| View | City |
| Frontage | Other |
| Parking | Assigned |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $581 |
| Assessed Land | $1,769,600 |
| Assessed Building | $221,300 |
| Assessed Total | $1,990,900 |
| Assessed Ratio | 176% |
| Utilities | Cable, Internet, Overhead Electricity, Public Water, Sewer Fee |
| Construction | Above Ground, Concrete, Hollow Tile, Masonry/Stucco |
| Lot Features | Clear |
| Disclosures | None |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Asphalt Shingle |
| Easements | Driveway |
| Parcel # | 1-2-7-027-021-0000 |
| Listing courtesy of | Bratton Realty Advisors Ltd |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-20-2026 | 202600662 | Back On Market | T | A | $3,495,000 | $0 | $1,990,900 | $1,769,600 | $221,300 |
| 08-19-2026 | 202600662 | Price Decrease | $4,000,000 | $3,495,000 | $3,495,000 | $0 | $1,990,900 | $1,769,600 | $221,300 |
| 04-29-2026 | 202600662 | Hold | A | T | $3,495,000 | $0 | $1,990,900 | $1,769,600 | $221,300 |
| 04-09-2026 | 202600662 | Price Decrease | $4,150,000 | $4,000,000 | $3,495,000 | $0 | $1,990,900 | $1,769,600 | $221,300 |
| 02-26-2026 | 202600662 | Price Decrease | $4,250,000 | $4,150,000 | $3,495,000 | $0 | $1,990,900 | $1,769,600 | $221,300 |
| 01-13-2026 | 202600662 | New Listing | A | $3,495,000 | $0 | $1,990,900 | $1,769,600 | $221,300 | |
| 11-14-2025 | 202521973 | Cancelled | A | W | $4,350,000 | $0 | $1,983,700 | $1,769,600 | $214,100 |
| 10-06-2025 | 202521973 | New Listing | A | $4,350,000 | $0 | $1,983,700 | $1,769,600 | $214,100 | |
| 10-23-2023 | 202303897 | Sold | X | S | $1,950,000 | $1,700,000 | $1,868,800 | $1,661,300 | $207,500 |
| 10-01-2023 | 202303897 | Expired | C | X | $1,950,000 | $1,700,000 | $1,868,800 | $1,661,300 | $207,500 |
| 04-27-2023 | 202303897 | Active Under Contract | A | C | $1,950,000 | $1,700,000 | $1,868,800 | $1,661,300 | $207,500 |
| 04-27-2023 | 202303897 | Back On Market | C | A | $1,950,000 | $1,700,000 | $1,868,800 | $1,661,300 | $207,500 |
| 04-13-2023 | 202303897 | Active Under Contract | A | C | $1,950,000 | $1,700,000 | $1,868,800 | $1,661,300 | $207,500 |
| 03-31-2023 | 202303897 | New Listing | CS | A | $1,950,000 | $1,700,000 | $1,868,800 | $1,661,300 | $207,500 |
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