Rare Investment Opportunity! 4 units, zoned A-2 Apartment, is perfectly situated just behind the back entrance of UH Manoa—an unbeatable location! Whether you're looking to live in one unit and offset your mortgage with rental income or rent out all four for strong cash flow, this property offers endless potential. Conveniently located on Waialae Ave, the property is in close proximity to shopping, freeway access, public transportation, multitude of restaurants, shops and much more! The layout includes (2) one-bedroom units and (1) two-bedroom unit in the main home, plus a detached two-bedroom cottage—each with its own electrical meter. Additional features include six parking stalls, storage, and AC units in each unit. The property underwent significant renovations in 2022, including a new roof, fresh paint, updated electrical and plumbing, modern appliances, vinyl windows, and new flooring. With strong rental demand in this highly desirable area, this property is a fantastic opportunity for both investors and owner-occupants alike! Don't wait, schedule your viewing today and explore what this opportunity can offer you!
Active under contract
$1,549,000
2819 Waialae Ave APT D, Honolulu, HI 96826
6beds
2,490sqft
Est.:
Single Family Residence
Built in 1941
-- sqft lot
$1,509,100 Zestimate®
$622/sqft
$-- HOA
What's special
Vinyl windowsNew roofModern appliancesFresh paintNew flooringTwo-bedroom cottage
- 57 days
- on Zillow |
- 300 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 07:21pm
Listed by:
Vincent Lao 808-382-6871,
Five Star Realty, Inc.,
Michael L Vuong 808-220-3093,
Five Star Realty, Inc.
Source: HiCentral MLS,MLS#: 202506381

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Carpet, Ceramic Tile, Laminate
Interior area
- Total structure area: 2,490
- Total interior livable area: 2,490 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Three or more Spaces
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Features: Cleared, Cul-De-Sac, Level
- Topography: Level
Details
- Parcel number: 1270280460000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Detached,Multiplex
- Property subtype: Single Family Residence
Materials
- Double Wall, Hollow Tile, Single Wall, Wood Frame
- Foundation: Slab
Condition
- Excellent,Good Condition
- New construction: No
- Year built: 1941
- Major remodel year: 2022
Utilities & green energy
- Water: Public
- Utilities for property: Above Ground Utilities, Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Moiliili
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $622/sqft
- Tax assessed value: $1,447,300
- Annual tax amount: $5,065
- Date on market: 3/6/2025
- Inclusions: AC Split, AC Window Unit, Ceiling Fan, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
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