The Home Buyer's Korner

Information presented should be used for educational purposes only.

June 30th, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

Waikiki Beach, Honolulu, HI Homes for Sale

Waikiki

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Waikiki median real estate price is $420,665, which is less expensive than 78.6 percent of Hawaii neighborhoods and 14.2 percent of all U.S. neighborhoods. The average rental price in Waikiki is currently $1,525, with rents currently lower in price than 54.8 percent of Hawaii neighborhoods.

Waikiki real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom apartment complexes, high-rise condominiums and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Waikiki neighborhood are established, but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969. Vacant apartments or homes are a major fact of life in Waikiki with the current real estate vacancy rate at 30.6 percent This is higher than the rate of vacancies in 94.4 percent of all U.S. neighborhoods, but most vacant housing here are vacant year round as due the high second home occupancy level and don’t have a negative effect on property values. 

Waikiki has some outstanding things about the way it looks and its way of life that are worth highlighting. Waikiki densely populated compared to most U.S. neighborhoods. In fact, with 41,475 persons per square mile in the neighborhood, it is more packed with people than 98.1 percent of the nation’s neighborhoods. Waikiki is a neighborhood that’s on one of the most beautiful beaches bar none and it has amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. 

The Waikiki neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 96.9 percent of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Waikiki really stands out in the way it looks for a unique reason: it has a higher proportion of high-rise condominiums than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by high rise condominiums. In fact, 93.0 percent of the real estate here is classified as apartment complexes or high-rise condominiums, which is more than is found in 98.9 percent of American neighborhoods.

More people in Waikiki choose to walk to work each day at 31.5 percent than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Waikiki is also pretty special linguistically with 15.6 percent of its residents primarily speaking Japanese at home.

One of the most interesting things about the Waikiki neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 53.4 percent of the households are made up of people living alone and that’s a larger proportion of people living alone than in 98.0 percent of the neighborhoods in America.

In addition, an extraordinary 13.7 percent of the residents of the Waikiki neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away. 

Waikiki has 35.6 percent of its residents are employed full time in sales and service jobs to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.0 percent of the residents employed in these fields. Other residents here are employed in clerical, assistant, and tech support occupations at 21.3 percent and 18.0 percent in manufacturing and laborer occupations.

Your future neighbors in Waikiki most commonly identify their ethnicity or ancestry as Asian at 36.4 percent. There are also a number of people of German ancestry at 6.8 percent and residents who report English roots are at 4.2 percent. Some of the residents are also of Mexican ancestry sy 4.2 percent, along with some Norwegian ancestry residents at 3.8 percent, among others. In addition, 35.9 percent of the residents of this neighborhood were born in another country.

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Waikiki neighborhood is English, spoken by 51.9 percent of households. Other important languages spoken here include Japanese, Chinese, Spanish and German.

WAIKIKI BEACH HOMES FOR SALE LISTING

HONOLULU HOMES FOR SALE

Livingston-Homes-for-Sale

HOME OWNERSHIP TOOLS

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document, click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen, you will have the option

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DR Niele Pl Pakahi Pl Pakolu Pl PAKUI ST Pakui St Lai Rd Kuahea Pl Kuahea Pl Kuahea St Maunahilu Pl Maunalani Cir Maunalanikai Pl Maunalei Ave Maunaloa Ave Kuana St Royal Cir Palani Ave Palani Ave Palaoa Pl Royal Cir 20th Ave Diamond Head Rd Kuine Pl Royal Cir Akeakamai St Palekaua Pl Palekaua St Malu Pl Lurline Dr Maluhia St KULAMANU PL Kulamanu Pl Kulamanu St Nihipali Pl Pili Pl Pilialo St Akiaki Pl Robert Pl 7th Ave Onaha St HOLOMUA PL 9th Ave 11th Ave PALIAHINA Paliahina Pl Palima Pl Napali Pl 11th Ave Akulikuli Ter Mooheau Ave Williams St Kupaa Dr Carlos Long St Hilo Pl Winam Ave Mana Pl Paliuli St Pooleka St WAIALAE AVE 4TH ST Quincy Pl 15th Ave NARCISSUS ST Kehau Pl Narcissus Pl Narcissus St Hinahina St Nioi Pl 14th Ave Moa St Elepaio St Waiohinu Dr Waiomao Homestead Rd WAIOMAO RD ALAE ST Kipona Pl Crater Pl Crater Rd LINCOLN AVE Royal Pl Magnolia Pl Kekona Pl Farmers Rd Aloalo Pl Pualele Pl ALOHEA AVE Alohea Ave Lincoln Ave Williams St Gardenia St 18th Ave Alphonse Pl Regency At Kahala Pahoa Ave Pueo St Palua Place Mahana St Oili Loop Black Point Pl Black Point Rd BLACK POINT RD 22nd Ave Mahina Ave Carnation Pl Kahala Ave Ipo Pl Pukalani Pl Lamaku Pl Lamaloa Pl Pukele Ave Kihei Pl Hiikala Pl IPULEI PL IPULEI PL IPULEI WAY Ipulei Way Manini Way Kiionioni Loop Kiionioni Pl Kikeke Ave Kikilia Pl 21st Ave Hoanoho Pl Kilauea Ave Kilauea Ave Kilauea Pl 21st Ave Pule Pl Peter St Pualei Circle 9th Ave Gulston St Noah St Elizabeth St DIAMOND HEAD RD Kilihune Pl New Jersey Ave Huanui Pl Huanui St Maigret St Ruth Pl Kaalani Pl Kaalawai Pl Kaau St Keanu St Kiwila St PALOLO AVE Palolo Ave Palolo Pl Palolo Terrace Pl Moho St Paloma Pl Moi Way Helo Pl Loke Pl Pehu St Noeau St KAHALA AVE Kahala Ave Mokihana St Apuwai Pl Mokuna Pl Noio St KAIKOO PL Kaikoo Pl KAIKUONO PL Iiwi St Kaimanahila St Kaimanawai Pl Kaimuki Ave 19th Ave Kainapau Pl PALUA PL Eugene Pl 15th Ave Launa Pl Kala Pl Kalaepohaku Pl Kalaepohaku St 11th Ave Pelu Pl Hanakealoha Pl Hoku Ave Puu Eleele Pl 6th Ave Puu Panini Ave 12th Ave PUULANI PL Puumalu Pl Ave Puunoa Pl Pana Pl 22nd Ave Waialae Ave Kaiulani Ave Olohana St Kalakaua Ave Kalakaua Ave Kalakaua Num 1105 Ave HAYDEN ST Coconut Avenue 8b & Kalia Rd Hayden St EDNA ST Olohana St Edna St Pau St Nahua St Niu St Seaside Ave Kanaina Ave Kanaina Ave Num234 Ave Ena Rd Kanekapolei St Hoolulu St KANELOA RD Ena Rd Ohua Ave Kapahulu Ave Paoakalani Ave Kapili St La Pietra Cir 1600 Ala Moana Boulevard Kapuni St Saratoga Rd MCCORRISTON ST McCorriston St Gail St Campbell Ave Ala Wai Blvd Wai Nani Way 13 ALA MOANA BLVD Uluniu Ave WELA ST Wela St Ala Wai Blvd LIPEAPAE ST Lipeepee St MAKALEI DR Makalei Pl Makee Rd Makini St Noela St Ohua Ave. T-2 Seaside Ave Lauula St Kaunaoa St Cartwright Rd Collins St Prince Edward St Saratoga Rd Lemon Rd Ala Moana Blvd Kalakaua Ave Diamond Head Rd DIAMOND HEAD RD Diamond Head Cir Diamond Head Rd Ala Wai Blvd Nikolo St Nikolo St Ala Wai Blvd 430 Keoni Ana St. Hinano St Cleghorn St Hobron Ln Aloha Dr Kuhio Ave Nahua St Ala Moana Blvd A/506 Winam Ave Niu St Niu St Num 2513 St Niu St Num 914 St Martha St Seaside Ave Seaside Ave Num 808 Ave Martha St Esther St Esther St Lewers St Upper St Hobron Ln Hobron Ln Num 2709 Ln Ala Moana Blvd 624 Castle St  Beach Rd Beach Walk Kuhio Ave Hobron Ln Ala Moana Blvd Ilika Francis St Lewers St Kalakaua Avenue Hobron Lane Lewers St Noela Pl Noela Dr Noela Pl 223 Saratoga Road #1416 Nohonani St Ohua Avenue 1206 Francis St Launiu St Trousseau St Owena St Kalakaua Ave MANUKAI ST Kapahulu Ave Makee Ailana Ala Wai Blvd Ala Wai Blvd Holei St Ala Wai Blvd Catherine St Ala Moana Blvd Prince Edward St Ala Moana Blvd Ala Moana Blvd James St Hollinger St Wai Nani Way Monsarrat Ave Monsarrat Ave Kalia Rd Koa Ave Ala Moana Blvd Nahua St Ohua Avenue Makai Kalakaua Ave HERBERT Herbert St Ala Moana Blvd Ohua Ave Kaiulani Ave Colony Surf 2895 Kalakaua Ave Paoakalani Ave Ohua Tower 1 Ave Ala Moana Blvd Ainakea Way Seaside Ave Saratoga Rd KANAINA ST Ala Wai Blvd Keoniana St Olohana St Kepa St Kepuhi St Pualei Cir Kaiulani Ave Nahua St Trousseau Street Liliuokalani Ave Kalakaua Avenue Niu Street Niu Street Namahana St Wela Seaside Ave Ala Moana Blvd Niu St Niu Street Niu Street Niu Street Ala Moana Blvd Ala Moana Blvd Niu St Niu Street Kuamoo St Ala Moana Blvd Niu Street Paki Ave Kuhio Ave Ala Moana Blvd Ala Moana Blvd Num251 Blvd Ala Moana Blvd Ala Moana Blvd Kaiolu Street Ala Wai Blvd Ala Wai Blvd Ala Wai Blvd Ala Wai Mansion Ph1 Kalakaua Ave. Waikiki Seaside 3010 Leahi Ave Poni Moi Rd George S Ala Moana Blvd Ala Moana Blvd  Seaside Avenue Ala Moana Blvd Coconut Ave KAHAWALU KAMEULA NOELA DR KAM HWY MOUNTAIN VIEW DR Nahua St ALA WAI BLVD Ala Wai Boulevard Alapali Pl Alapali Pl Duval St Kuhio Ave Ena Rd Wai Nani Way Wauke St Aloha Street Dh Pualani Way Pualei Cir Ala Wai Blvd Ala Wai Blvd Tusitala St Ala Moana Blvd Lakimau St Kiele Ave Leahi Ave Hobron Ln Ohua Ave Hibiscus Dr Hibiscus Dr Hibiscus Pl Coconut Ave Coconut Ave Num Ala Wai Blvd Brokaw St Walina St Launiu St Kaina St Kaiolu St Kaiolu St Kaioo Dr 96816 Kalua Pl Kalua Rd Myrtle St Kaluawaa St Kamakini St Honua St Panini Loop Kaminaka Dr Frank St Sierra Dr 1st Ave Kamuela Ave Kahala Avenue Kana Pl DATE ST Maoi Pl Kanalui Pl Kanalui St Paula Dr LA I RD La I Rd 0 Hookipa Way Kanekopa Pl Kanewai St Alencastre Pl Alencastre St Poinciana Pl Mikahala Way 8TH AVE 622B 11th Ave FOR RENT Orchid St 2nd Ave Kilauea Ave Kapahulu Ave Kapahulu Num14 Ave 4758 Aukai Ave FOR RENT 8th Ave Aukai Ave Amau St Vanda Pl Papu Cir Yvonne Pl CHARLES ST Hanole Pl Libert St Felix St 10th Ave 14th Ave 10th Avenue Pl Ginger St Hopeloa Pl Highview Pl Ua Dr Poka Pl Poka St Pokapahu Pl Mariposa Dr Pokole St Waialae Ave Uilani Pl Paahana St PAALEA ST Ave 16th Ave Ulili St 16th Ave Hunakai St Hunakai St Hunalewa St Hunapaa St Charles St Koae Pl Koae St Ocean View Dr Ulumaika St Ocean View Dr Ulupua Pl Center St Luakaha Pl Luakaha St LUAWAI Luawai Pl Luawai St Saul Pl Saul Pl 17th Ave For Rent Only’ EKAHA AVE Ekaha Ave Sunset Ave Ekela Ave 10TH AVE 10th Ave Honolulu Hi 2427A1/A2 PALOLO AVE 2ND AVE KIWILA ST MAUNALOA AVE DIAMOND HEAD RD Kahala Ave Hunakai St Hakaka Pl Hakaka St 5th Ave Koko Dr Koko Head Ave Bertram St Harding Ave Koloa St Kolohala St 13TH MAKAIWA ST 13th Ave 11th Ave For Rent Makaleka Ave Makalike Pl Makanui Pl Makapuu Ave Makaulii Pl Halehoola Pl Lanihale Pl LANIHALE RD Halekipa Pl Halelaau Pl Lanipili Pl Lanipoko Pl Halenoho Pl Claudine St Malapua Pl Leialoha Ave Monterey Dr Wilhelmina Rise Wilhelmina Rise Hunter St Monterey Pl Wiliama Pl Kaualio Pl Holly Pl JASMINE AVE Kauhana Pl Kauhana St Kaululoa Pl Matsonia Dr Ahakea St Olokele Ave Ahe Pl Ahe St Malie Pl Ahina St Ahinahina Pl Kawelolani Pl Ahuawa Loop Ahuawa Pl Anuhea Pl Anuhea St Ahuli Pl  Jasmine St Olu St Pahoa Ave 3rd Ave Lukepane Ave 1146 16th Ave FOR RENT Belser St Paikau St Hardesty St Saint Louis Dr Lilinoe Pl 4th Ave Bethshan Rd Iwalani Pl Iwi Way Iwi Way Dole St 17th Ave Sunset Pl Harding Ave MOANALUA RD KING ST 2427C1/C2 PALOLO AVE I Rd Oili Pl WAIKUI PL KAM HWY Kealaolu Ave Kealaolu Pl KEANU ST KEANU AVE Keanu St Keaolele Pl Oswald St Herman St ST LOUIS DR Niele Pl Pakahi Pl Pakolu Pl PAKUI ST Pakui St Lai Rd Kuahea Pl Kuahea Pl Kuahea St Maunahilu Pl Maunalani Cir Maunalanikai Pl Maunalei Ave Maunaloa Ave Kuana St Royal Cir Palani Ave Palani Ave Palaoa Pl DIAMOND HEAD Royal Cir 20th Ave Diamond Head Rd Kuine Pl Royal Cir Akeakamai St Palekaua Pl Palekaua St Malu Pl Lurline Dr Maluhia St KULAMANU PL Kulamanu Pl Kulamanu St Nihipali Pl Pili Pl Pilialo St Akiaki Pl Robert Pl 7th Ave Onaha St HOLOMUA PL 9th Ave 11th Ave PALIAHINA Paliahina Pl Palima Pl Napali Pl 11th Ave Akulikuli Ter Mooheau Ave Williams St Kupaa Dr Carlos Long St Hilo Pl Winam Ave Mana Pl Paliuli St Pooleka St WAIALAE AVE 4TH ST Quincy Pl 15th Ave For Rent ARCISSUS ST Kehau Pl Narcissus Pl Narcissus St Hinahina St Nioi Pl 14th Ave Moa St Elepaio St Waiohinu Dr Waiomao Homestead Rd WAIOMAO RD ALAE ST Kipona Pl Crater Pl Crater Rd LINCOLN AVE Royal Pl Magnolia Pl Kekona Pl Farmers Rd Aloalo Pl Pualele Pl ALOHEA AVE Alohea Ave Lincoln Ave Williams St Gardenia St 18th Ave Alphonse Pl Pueo St 1414 Palua Place Mahana St Oili Loop Black Point Pl Black Point Rd BLACK POINT RD 22nd Ave Mahina Ave Carnation Pl Kahala Ave Ipo Pl Pukalani Pl Lamaku Pl Lamaloa Pl Pukele Ave Kihei Pl Hiikala Pl IPULEI PL IPULEI PL IPULEI WAY Ipulei Way Manini Way Kiionioni Loop Kiionioni Pl Kikeke Ave Kikilia Pl 21st Ave Hoanoho Pl Kilauea Ave Kilauea Ave Kilauea Pl 21st Ave Pule Pl Peter St 3006 Pualei Circle Gulston St Noah St Elizabeth St DIAMOND HEAD RD Kilihune Pl New Jersey Ave Huanui Pl Huanui St Maigret St Ruth Pl Kaalani Pl Kaalawai Pl Kaau St Keanu St Kiwila St PALOLO AVE Palolo Ave Palolo Pl Palolo Terrace Pl Moho St Paloma Pl Moi Way Helo Pl Loke Pl Pehu St Noeau St KAHALA AVE Kahala Ave Mokihana St Apuwai Pl Mokuna Pl Noio St KAIKOO PL Kaikoo Pl KAIKUONO PL Iiwi St Kaimanahila St Kaimanawai Pl Kaimuki Ave 19th Ave Kainapau Pl PALUA PL Eugene Pl 15th Ave Launa Pl Kala Pl Kalaepohaku Pl Kalaepohaku St 11th Ave Pelu Pl Hanakealoha Pl Hoku Ave Puu Eleele Pl 6th Ave Puu Panini Ave 12th Ave PUULANI PL Puumalu Pl Ave Puunoa Pl Pana Pl 22nd Ave Waialae Ave

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