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303 Wai Nani Way Honolulu, HI, 96815

Neighborhood: Waikiki

$3,350,000 $150,000 Multi-Family for sale 2,988 sqft

Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
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Property details

1939 year built
View
None
Price per sqft
$1,121/sqft
Days on Verhouse
189
Address
303 Wai Nani Way, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Building type
Fourplex,Multi Dwellings
Year Built
1939
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Waikiki
District
Honolulu
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

6 parking places
Stories
One
Furnished
None
Roof
Asphalt Shingle
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Property Condition
Average
nr.of parking places
6
Garage & Parking
Assigned, Covered, Open, Tandem
Amenities
None

Listed by

Wayne J Chi, Gloria Chi Realty Inc.
(808) 941-9999
Name
Wayne J Chi
License number
RB-20658
Brokerage company
Gloria Chi Realty Inc.
(808) 941-9999
MLS #
202324062

Payment calculator

Calculate your monthly payments
Mortgage
$10,286
Taxes
$548
HOA dues
$0
$10,834 per month
Mortgage
$670,000 / 20%
2.28%
30 years
Your amount $10,286 / month

Exterior Features

Above Ground, Single Wall, Wood Frame construction and more
Construction
Above Ground, Single Wall, Wood Frame

Lot details

TMK #1260280440000
Lot Description
Clear
Parcel nr.
1260280440000

Waikiki neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Waikiki

30%
Families with children
National average: 39%
30%
Non family households
220,391
Population
$126,265
Average Income

Age & gender

Median age 45 years
More info

Commute types

65% commute by car
More info

Education level

27% have bachelor education
More info

Number of employees

3% work in education and healthcare
More info

Vehicles available

49% have 1 vehicle
More info

Vehicles by gender

49% have 1 vehicle
More info

Housing market insights for

$816.3k
Neighborhood average
sales price*
$543.68k
Neighborhood median
sales price*
1138
Number
of sales*

Housing type

61% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

44% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
13.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Unit Information

# of 2 Bd
4

Income

Total Actual Rent
$10,675

Schools

15 schools with rating up to 7
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.105mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.198mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
High School
0.252mi
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.105mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.164mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.198mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.252mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.74mi
School rating Distance
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.198mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.252mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.74mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.959mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
1.065mi
School rating Distance
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.252mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.74mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.823mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.959mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.11mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Price Decrease Feb 4, 2024

Waikiki Median sales price 2024

Bedrooms Med. price % of listings
Not specified $343k 26.95%
1 bed $455k 45.45%
2 beds $649k 25.65%
3 beds $775k 1.95%
Date Event Price $/sqft Source
Feb 4, 2024 Price Decrease $3,350,000 -4.29% 1121.15 MLS #202324062
Oct 20, 2023 New Listing $3,500,000 -2.23% 1171.35 MLS #202324062
Oct 19, 2023 Expired $3,580,000 1198.13 MLS #202217121
Oct 19, 2022 New Listing $3,580,000 1198.13 MLS #202217121

Taxes of 303 Wai Nani Way, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202324062
Current Property Taxes p/month
$548
Assessed Improvement value
$219,700
Assessed Land value
$1,662,100
Land Recorded
Regular System
Zoning
X2 - Apartment Precinct
Flood Zone
Zone X
Topography
Level
Location
Other
Total Assessed value
$1,881,800

Tax History

Year Taxes Source
2023 $6,576 MLS #202324062
2022 $6,409 MLS #202217121
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 303 Wai Nani Way, Honolulu, HI, 96815

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Frequently Asked Questions about 303 Wai Nani Way

Which year was this multi-family built?

This multi-family was build in 1939.

What is the full address of this Multi-Family?

303 Wai Nani Way, Honolulu, HI, 96815.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Gloria Chi Realty Inc..
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Feb 04, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are Food Pantry, 0.44 miles away and Dukes Lane Market & Eatery, 0.59 miles away.
The Waikiki neighborhood has a population of 220,391, and 30% of the families have children. The median age is 45.18 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Multi-Family For sale $3.35m  $150,000 303 Wai Nani Way, Honolulu, HI, 96815 2,988 sqft Save House Remove from Saved