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.
Active under contract
$2,595,000
3154 Waialae Ave, Honolulu, HI 96816
--beds
0baths
8,661sqft
Multi Family
Built in 1942
-- sqft lot
$-- Zestimate®
$300/sqft
$-- HOA
What's special
Some renovated units
- 29 days
- 50
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Christina L Dwight 808-429-1098,
Commercial Inv. Strategies
Source: HiCentral MLS,MLS#: 202612904
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Laundry: Other
Interior area
- Total structure area: 8,661
- Total interior livable area: 8,661 sqft
Property
Parking
- Total spaces: 10
- Parking features: Assigned
Features
- Levels: Three Or More
- Has view: Yes
- View description: City, Garden, Sunset
- Frontage type: Other
Lot
- Features: Corner Lot, Interior Lot, Other
- Topography: Sloping
Details
- Parcel number: 1330020360000
- Zoning description: 32 - B-2 Community Business Dis
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile, Concrete
Condition
- Repairs Major
- Year built: 1942
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Palolo
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $2,261,600
- Annual tax amount: $26,929
- Date on market: 7/6/2026
- Total actual rent: 8450
- Tenant pays: Cable TV, Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Contingent | $2,595,000$300/sqft |
Source: | ||
| 9/1/2026 | Listed for sale | $2,595,000$300/sqft |
Source: | ||
| 7/31/2026 | Contingent | $2,595,000$300/sqft |
Source: | ||
| 7/6/2026 | Listed for sale | $2,595,000$300/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,261,600 +4.1% |
| 2025 | $26,930 -0.1% | $2,171,800 -0.1% |
| 2024 | $26,945 +0.7% | $2,173,000 +0.7% |
| 2023 | $26,758 +1% | $2,157,900 +1% |
| 2022 | $26,484 -1.2% | $2,135,800 -1.2% |
| 2021 | $26,817 -1.9% | $2,162,700 -1.9% |
| 2020 | $27,341 +4.9% | $2,204,900 +4.9% |
| 2019 | $26,070 +2.6% | $2,102,400 +2.6% |
| 2018 | $25,405 +3.4% | $2,048,800 +3.4% |
| 2017 | $24,579 +13.2% | $1,982,200 +13.2% |
| 2016 | $21,707 +6.2% | $1,750,600 +6.2% |
| 2015 | $20,431 | $1,647,700 |
Find assessor info on the county website
Monthly payment
Est. payment




