| Rebate | 20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling |
|---|---|
| Description | Excellent opportunity to acquire a fee simple, 11-unit multifamily investment property operated as 13 individual rentals! Ideally situated on the quiet side of Waikiki, this property features two separate buildings separated by a spacious courtyard, 5 parking stalls, separately metered electricity and gas, and is NOT in a designated flood zone! Building One is solid concrete with eight 1-bedroom units. Building Two offers a studio, 2-bedroom, and 3-bedroom unit currently rented by the room. The versatile configuration provides multiple income streams and investment flexibility. Enjoy a peaceful residential setting near Waikiki Beach, Kapiolani Park, shopping, dining, and entertainment. An attractive investment opportunity in a desirable rental location! |
| Status | Active since 10-14-2026 |
| MLS# | 202619341 |
| Price | $3,700,000 |
| Original Price | $3,700,000 |
| Price Change | (0.00%) |
| Studio Units | 1 |
| One Bed Units | 8 |
| Two Bed Units | 1 |
| Three Bed Units | 1 |
| Land Sq Ft | 5,760 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 283 Wai Nani Way Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 4 |
| Year Built | 1959 |
| Year Remodeled | 1975 |
| Condition | Average |
| View | City |
| Parking | Assigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone X |
| Tax Amount | $786 |
| Assessed Land | $2,188,800 |
| Assessed Building | $505,100 |
| Assessed Total | $2,693,900 |
| Assessed Ratio | 137% |
| Utilities | Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Concrete, Hollow Tile |
| Lot Features | Clear |
| Disclosures | 1031 Exchange |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Composition, Other |
| Easements | Electric, Sewer |
| Parcel # | 1-2-6-028-042-0000 |
| Listing courtesy of | CBI Residential Advisory Svcs. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 10-14-2026 | 202619341 | New Listing | A | $3,700,000 | $0 | $2,693,900 | $2,188,800 | $505,100 | |
| 05-11-2004 | 2401790 | Sold | C | S | $1,450,000 | $1,450,000 | $661,300 | $451,000 | $210,300 |
| 03-07-2004 | 2401790 | Active Continue to Show | A | C | $1,450,000 | $1,450,000 | $661,300 | $451,000 | $210,300 |
| 02-11-2004 | 2401790 | New Listing | A | $1,450,000 | $1,450,000 | $661,300 | $451,000 | $210,300 | |
| 01-31-2002 | 2105096 | Price Decrease | $865,000 | $735,000 | $735,000 | $0 | $662,000 | $451,000 | $211,000 |
| 05-20-2001 | 2105096 | New Listing | A | $735,000 | $0 | $662,000 | $451,000 | $211,000 |
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