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2805 Waialae Ave, Honolulu, HI, 96826

5beds
2baths
1,880sqft
$1,200,000
$638price/sqft
$7,177/moest. monthly cost
$287,080/yrincome needed

About This Home

Apartment (A-2 Medium Density) zoned property across the street from UH Manoa. Multi-family or development opportunity with strong upside. Existing SFH divided into a 3bd/1bth upstairs unit & a 1bd/1bth downstairs unit. Downstairs unit is in good condition with updated windows, double framing & drywall. Large 5,222 sqft lot with ample parking including 3+ car, carport & driveway. Keep as-is for rental income, or build new to maximize density. Close to freeway access, bus lines & universities for strong rental demand.

Getting Around

88
WalkingVery Walkable
59
TransitGood Transit
64
BikeBikeable

Schools

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1947

Materials

  • Construction materials: Other,Single Wall

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Vinyl

Interior Area

  • Total structure area: 1,880
  • Total interior livable area: 1,880 sqft

Property

Details

  • Parcel number: 1270280390000
  • Zoning description: 12 - A-2 Medium Density Apartme
  • Special condition: None

Features

  • Levels: One,Two
  • Stories: 1
  • Pool features: None
  • Has view: Yes
  • View description: None
  • Topography of land: Level,Sloping

Lot

  • Features: Cleared,Other,Level

Parking

  • Total spaces: 2
  • Parking features: Carport,Driveway,Three or more Spaces
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Earthquake
Inland Flooding

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$190$2,280
Property Taxes $315$3,780
Electricity $605$7,264
Total$7,177$86,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$246,068/yr
40% on housing$215,310/yr
45% on housing$191,386/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$638This listing

vs Other Active Listings

Avg $/sqft

ZIP 96826$735
Honolulu County$747

vs Homes Sold Last Month

Median $/sqft

ZIP 96826$792
Honolulu County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Listed for sale$1,200,000
2020-07-22Listing removed$2,400
2020-05-30Listed for rent$2,450
2019-12-13Listing removed$1,198,000
2019-10-04Listed for sale$1,198,000
2015-12-24Listing removed$1,350
2015-11-21Listed for rent$1,350

For Sale by Agent

AgentJames S Chan
BrokerageCompass

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