| Description | Stellar location with excellent upside. Value add opportunity with 2 hollow tile buildings consisting of 3 bed/1 ba over an existing bakery (front) and 9 one-bedrooms (back) with 10 covered parking. 2 gas meters: bakery pays their own + 1 CAM for laundry, 2 water meters, all units separately metered for electric. Some renovated units, 4 vacant units, 3 units on term. Open House July 16; see agent remarks for more information. |
|---|---|
| Status | Contract since 07-06-2026 |
| MLS# | 202612904 |
| Price | $2,595,000 |
| Original Price | $2,595,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 9 |
| Two Bed Units | 0 |
| Three Bed Units | 1 |
| Living Sq Ft | 8,661 |
| Land Sq Ft | 6,932 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 3154 Waialae Avenue Honolulu HI 96816 |
| Region | Diamond Head |
| Neighborhood | Palolo |
| Days on Market | 25 |
| Year Built | 1942 |
| Condition | Needs Major Repair |
| View | City, Garden, Sunset |
| Frontage | Other |
| Parking | Assigned |
| Zoning | 32 - B-2 Community Business Dis |
| Flood Zone | Zone AE |
| Tax Amount | $2,244 |
| Assessed Land | $1,715,700 |
| Assessed Building | $545,900 |
| Assessed Total | $2,261,600 |
| Assessed Ratio | 115% |
| Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Concrete, Hollow Tile |
| Lot Features | Other |
| Disclosures | None |
| Land Recorded | Land Court |
| Possession | At Closing, Subject To Tenancy |
| Sale Conditions | None |
| Topography | Gentle Slope |
| Roofing | Custom/Specialty |
| Easements | Sewer |
| Parcel # | 1-3-3-002-036-0000 |
| Listing courtesy of | Commercial Inv. Strategies |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-31-2026 | 202612904 | Active Under Contract | A | C | $2,595,000 | $0 | $2,261,600 | $1,715,700 | $545,900 |
| 08-31-2026 | 202612904 | Back On Market | C | A | $2,595,000 | $0 | $2,261,600 | $1,715,700 | $545,900 |
| 07-31-2026 | 202612904 | Active Under Contract | A | C | $2,595,000 | $0 | $2,261,600 | $1,715,700 | $545,900 |
| 07-06-2026 | 202612904 | New Listing | A | $2,595,000 | $0 | $2,261,600 | $1,715,700 | $545,900 |
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