Contact Agent

Map

Presented by: List Sotheby's International Realty Powered by Highrises

436 Namahana St, Honolulu, HI 96815 listing image 1

For Sale

$2,890,000

436 Namahana St, Honolulu, HI 96815

-Bed
-Bath
-SqFt

-Bed
-Bath
-SqFt

Property Type
Condo
Year Built
1937
On highrises
0 Days

Property Details

Prime investment opportunity in the heart of Waikiki! This well-maintained concrete walk-up features 11 total units- (10) studio units and (1) spacious TWO-bedroom units - across two charming buildings, including an architectural gem fronting Namahana Street. The property offers a fenced and gated common garden area and on-site coin-operated laundry for tenant convenience. Centrally located and just minutes to Waikiki Beach, Ala Wai Blvd, McCully, bus routes, shopping, and dining. Tenants pay for cable TV and electricity, keeping operating expenses low. With a strong rental history and consistent income production, this is a rare find in one of Honolulu's most desirable neighborhoods. Don't miss this excellent multi-family investment opportunity! Apartment Zoning * Waikiki Special District. Exact floor plan and square footage may not match tax records.

Property Features

Bathrooms

Total Bathrooms: 0

Appliances

Laundry Features: Coin-operated

Land Info

Lot Description: Cleared, Interior Lot, Level
Topography: Level

Garage and Parking

Parking Features: Unassigned
Parking Total: 1

Multi-Unit Info

Number of Units: 11

Rental Info

Tenant Pays: Cable TV, Electricity

Other Property Info

Annual Tax Amount: 6904
Source Listing Status: Active
County: Oahu
Source Property Type: Residential
Area: Metro
Source Neighborhood: WAIKIKI
Parcel Number: 1-2-6-015-015-0000
Postal City: Honolulu
Subdivision: WAIKIKI
Zoning Description: X2 - Apartment Precinct
Property Subtype: Multi Family

Commercial Info

Net Operating Income: 126456
Operating Expense: 63144
Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer

Building and Construction

Year Built: 1937
Building Area Total: 3632
Construction Materials: Masonry, Concrete, Stucco
Levels: Two, Three Or More
Property Age: 88
Property Condition: Excellent, Good Condition
Levels or Stories: 2
Structure Type: Apartment
Year Built Effective: 1965

Utilities

Sewer: Connected
Above Ground Utilities
Cable Available
Electricity Available
High Speed Internet Available
Phone Available
Water Available
Sewer Connected
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
10/15/2025	Listed	$2,890,000	-	HiCentral
09/15/2025	Listing removed	-	-	HiCentral
08/05/2025	Listed	$2,999,000	$826	HiCentral
05/26/2017	Sold	$1,970,000	$542	Public Record
11/07/1997	Sold	$560,000	$154	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2025	$6,933	$1,688,100	+	$293,000	=	$1,981,100
2024	$6,904	$1,688,100	+	$293,000	=	$1,981,100
2023	$6,818	$1,665,000	+	$283,000	=	$1,948,000
2022	$6,604	$1,618,800	+	$268,300	=	$1,887,100
2021	$6,659	$1,618,800	+	$283,900	=	$1,902,700
2020	$6,401	$1,526,300	+	$302,600	=	$1,828,900
2019	$6,259	$1,480,000	+	$308,500	=	$1,788,500

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
1551 Ala Wai Blvd Apt 3306	$1.6M	2	2	1118	1118
364 Seaside Ave Apt 1911	$550K	0	1	392	392
3721 Kanaina Ave Apt 313	$460K	0	1	353	353
445 Seaside Ave Apt 3009	$375K	0	1	308	308
2421 Ala Wai Blvd Apt 805	$449K	2	2	756	756
1920 Ala Moana Blvd Apt 910	$129.9K	0	1	320	320

Presented by:
Esther Park Kusunoki
state license#RB-21002

This listing is presented by List Sotheby's International Realty

Broker Location:

Honolulu

Data Source:

HiCentral

Source's Property ID:

202523467

Data Source Copyright:

Discover More

Learn more about 436 Namahana St

Popular High-rise Cities

All Cities

$2,890,000

436 Namahana St, Honolulu, HI 96815