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SOLD
MLS: 202501525
 
Asking Price: $3,250,000 FS - Fee Simple
Sold Price: $3,190,000
Sold Date: 04/04/2025
Type: Multi-Family
District: Metro
Address: 303 Wai Nani Way, Honolulu, HI
Neighborhood: Waikiki
Land Area: 7,103 SF
Parking: Assigned,Covered,Open,Tandem
Days on Market: 350
Year Built: 1939
Easements: Electric
Zoning: X2 - Apartment Precinct
Land Recorded: Regular System
Property Taxes: $557,.08
Assessed Value: $1,909,900,.00
Assessed Ratio: 170.17%
Listing Courtesy: Gloria Chi Realty Inc.
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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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