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Waterfront Multifamily Property
For Sale
$5,985,000

67-421 Waialua Beach Rd, Waialua, HI 96791

Three residences share a beachfront setting with separate driveway access and R-5 zoning.

Property Size4,886 SF
Lot Size1.04 Acres
Price / SF$1,224
Days on Market52

Property Features for 67-421 Waialua Beach Rd

General Information

Standard status Active
Size 4,886 SF
Lot size 1.04 Acres
Property subtype Multi-Family
Zoning R-5

Property Condition

Severity Repairs Needed
Evidence potential to restore, renovate or reimagine

Units

Unit Mix 1 x 3BR/3BA, 1 x 2BR/1BA, 1 x 2BR/1.5BA
Multifamily Units 3

Building Details

Year Built 1974
Buildings 3
Listing Agency: Portfolio
Listed By: Kathi White
Source: Paradisebrokers
Added: Jul 13 Changed: Aug 27 Last Checked: Sep 1 at 8:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Portfolio

Investment Insights

Based on property information with market context.

This 4,886-square-foot multifamily property includes three separate residences on a 45,346-square-foot R-5-zoned parcel. The oceanfront home is an elevated 3-bedroom, 3-bath residence built in 1974, with a wraparound covered lanai, direct beach access, and ocean and mountain views. Two additional homes sit on the mountain side of the property; each has 2 bedrooms and 1 bath, with one also containing a half bath. Those residences were built in 1955 and 1961 and retain design concepts attributed to mid-century architect Frank Slavsky.

A split driveway provides distinct access to the beachfront residence and the two inland dwellings. The property is located on Waialua Beach Rd along Oahu’s North Shore and includes mature tropical landscaping. Its beachfront setting, multi-dwelling layout, R-5 zoning, and substantial parcel size provide a range of restoration and renovation considerations.

Key Highlights

  • 45,346 sq. ft. R‑5‑zoned lot with beachfront access
  • Three residences totaling 4,886 square feet
  • Elevated 3‑bedroom, 3‑bath oceanfront home built in 1974

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units

Location Intelligence

Demographics for 96791, HI

7,987
Population
2,697
Households
3
Avg Household Size
40
Median Age
30%
College-Educated
95%
High-School Grad
36.5 sq mi
ZIP Area
219
Density / Sq Mi
$93,875
Median Household Income
$45,481
Median Earnings
$2,096
Median Rent
$932,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three residences share a beachfront setting with separate driveway access and R-5 zoning.
Where is this multifamily property located?
The property is located at 67-421 Waialua Beach Rd Waialua, HI.
What is the asking price?
The asking price for this property is $5,985,000.
What are key features of this property?
This property features: 45,346 sq. ft. R‑5‑zoned lot with beachfront access; Three residences totaling 4,886 square feet; Elevated 3‑bedroom, 3‑bath oceanfront home built in 1974
More about this property
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