NOT LISTED FOR SALE

2816 Waialae Ave Honolulu, HI 96826

Manoa Neighborhood

Estimated Value: $2,504,779 - $3,510,000

28 Beds
9 Baths
5,472 Sq Ft
$578/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $2,930,000 $535 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $17,257/month

80 Days on Market

Highlights

  • 16,738 Sq Ft lot
  • Property is in excellent condition
  • Level Lot
  • 1-Story Property

About This Home

As of December 2021

Reshaped through complete renovation. All 5 detached residential houses have been remodeled with new kitchen, bathroom, flooring, new roof & gutter, new exterior and interior painting, and fences. Electrical was upgraded as well. Some tenants are long term and others are month to month tenancy. Property is conveniently located right next to H-1 freeway West entrance and within great walking distance to U H Manoa campus

Last Agent to Sell the Property

James Son

HI Vista Realty License #RB-18136 Listed on: 08/27/2021

Last Buyer's Agent

Nora Chen

Nora W. Chen License #RB-16182

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,854

Year Built

  • Built in 1928

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is in excellent condition

Interior Spaces

  • 5,472 Sq Ft Home
  • 1-Story Property

Parking

  • 21 Parking Spaces
  • Open Parking
  • Assigned Parking

Utilities

  • Gas Available
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 9 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,854

Year Built

Built in 1928

Lot Details

0.38 Acres

Listing Details

  • LandTenure: FS - Fee Simple
  • PropertyFrontage: Other
  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Fill Sq Ft Total: 5472
  • Stories Type: One
  • Year Built: 1928
  • Special Features: None
  • Stories: 1

Interior Features

  • Amenities: None
  • Furnished: None

Exterior Features

  • Construction Type: Above Ground
  • Easements: None
  • Flood Zone: Zone X
  • Lot Features: Clear
  • Property Condition: Excellent
  • Topography: Level
  • View: None

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 21

Utilities

  • Utilities: Cable, Gas, Internet, Public Water, Telephone, Water
  • Sewer: Connected

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 6854.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Nov 19, 2021
Sold by
Han Pacific Llc
Bought by
Msk Royal Llc
Seller's Agent
James Son
HI Vista Realty
Buyer's Agent
Nora Chen
Nora W. Chen
List Price
$2,930,000
Sold Price
$2,930,000
Current Estimated Value
$3,162,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,945
Avg. Annual Appreciation
1.81%
Original Mortgage
$1,465,000
Outstanding Balance
$1,344,275
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$1,818,670

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jun 15, 2017
Sold by
Lee Tommy Man Wah and Lee Lori Leiko
Bought by
Han Pacific Llc
Seller's Agent
Helen Linh On
Dower Realty, Inc.
Buyer's Agent
Christy Kim
Coldwell Banker Island Prop
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$1,300,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2002
Sold by
Y K Investments Inc
Bought by
Lee Tommy Man Wah and Lee Lori Leiko
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Msk Royal Llc $2,930,000 Title Guaranty & Escrow Servic
Msk Royal Llc -- Tg
Han Pacific Llc $2,100,000 Fam
Han Pacific Llc $2,100,000 Fam
Lee Tommy Man Wah $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Msk Royal Llc $1,465,000
Closed Msk Royal Llc $1,465,000
Previous Owner Han Pacific Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $2,930,000 0.0% $535 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $2,930,000 +39.5% $535 / Sq Ft
07/05/2017 07/05/17 Sold $2,100,000 0.0% $384 / Sq Ft View Prior Sale
06/05/2017 06/05/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $2,100,000 -- $384 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,603 $2,905,200 $2,237,500 $667,700
2024 $9,603 $2,743,800 $2,075,700 $668,100
2023 $9,197 $2,627,600 $1,980,500 $647,100
2022 $7,074 $2,021,000 $1,767,400 $253,600
2021 $6,854 $1,958,400 $1,688,900 $269,500
2020 $7,171 $2,048,800 $1,780,100 $268,700
2016 $6,246 $1,784,500 $1,499,900 $284,600
Source: Public Records

Agents Affiliated with this Home

  • James Son

    Seller's Agent in 2021

    James Son

    HI Vista Realty

    (808) 348-1122

    1 in this area

    37 Total Sales

    James Son
    Section Image

  • N

    Buyer's Agent in 2021

    Nora Chen

    Nora W. Chen

    (808) 382-9515

    1 in this area

    28 Total Sales

    Nora Chen
    Section Image

  • H

    Seller's Agent in 2017

    Helen Linh On

    Dower Realty, Inc.

    (808) 227-1818

    33 Total Sales

    Helen Linh On
    Section Image

  • C

    Buyer's Agent in 2017

    Christy Kim

    Coldwell Banker Island Prop

    (808) 791-1020

    23 Total Sales

    Christy Kim
    Section Image
  • Ronda Day

    Buyer Co-Listing Agent in 2017

    Ronda Day

    The Agency-Oahu

    (808) 286-7700

    1 in this area

    65 Total Sales

    Ronda Day
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202121740

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-8-026-030-0000

Hawaii Honolulu County Honolulu 96816 Manoa

2816 Waialae Ave, Honolulu, HI

Not Listed for Sale

MultiFamily

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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2026 HiCentral MLS, Ltd

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