Listing: 202322587
Island: Oahu • Region: Metro Oahu • Neighborhood: WAIKIKI
Type: Condo/Townhouse • MLS #: 202322587 • TMK: 1-2-6-006-002-0175
Status:
Active Under Contract
C
List Price: $820,000 (FS)
List Date: October 10, 2023
Remarks:
We are taking backup offer. Current buyer doing 1031. your sanctuary in the heart of Waikiki – a legal short-term vacation rental promising a seamless blend of luxury and opportunity. This extraordinary one-bedroom unit, perched on a high floor, unveils breathtaking ocean views over Fort DeRussy Park. Enjoy the convenience of a rare garage parking space and a spacious locker, mere steps away from the famed Waikiki beach, Ala Moana Shopping Center, and lively Kalakaua Avenue nightlife.
Immerse yourself in a rich history that awaits your takeover. The fully equipped kitchen, tasteful furnishings, and private lanai make this haven not just a home but a potential rental powerhouse. A separate laundry room and access to Luana Waikiki's amenities, including a fitness center, pool, and BBQ grills, add to the allure.
The maintenance fee covers electricity and internet, ensuring worry-free living. Seize the opportunity today and envision a seamless transition with a new management company charging only 35% after April 1, 2024 (compared to the standard 40% for studios) for Hotel Pool placement. Request details and a notice letter – your slice of paradise awaits!
Property Information:
Bedrooms: 1
Full Baths: 1
Half Baths: 0
Parking: 1
Land Area (sf): --
Living (sf): 588
Lanai (sf): 69
Other (sf): --
Terms Accept.: Agreement of Sale, Cash, Conventional
Disclosures: None, Lender Approval Required
Furnished: Full
Zoning: X6 - Resort Mixed Use Precinct
Year Built: 1971
Year Remodeled: --
Financial Information:
Assd. Val. Land: $166,900
Assd. Val. Imprv: $557,600
Assd. Val. Total: $724,500
Tax Year: 2023
Monthly Taxes: $865
Home Exempt.: $0
Maintenance Fees: $1,782/mo.
Association Fees: --/mo.
Other Fees: --/mo.
Land Tenure: Fee Simple
FeeOptions --
Lessor: --
Lease Rent: --/--
Next Step-Up: --/--
2nd Step-Up: --/--
Fee Purchase: --
Reneg Date: --
Lse Expires: --
Schools:
Middle School: Washington
Other Property Features:
Unit: Odd# Unit, Single Level
Frontage: --
View: City, Coastline, Ocean
Parking: Assigned, Covered - 1, Garage
Pool: --
Amenities: BBQ, Community Laundry, Concierge, Doorman, Exercise Room, Fire Sprinkler, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Security Guard, Storage
Inclusions: AC Window Unit, Cable TV, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
Security: Card, Security Patrol, Video
Assn. Fee Inclusions: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions: Association, Maintenance, Other Common Expenses
Lot Description: --
Topography: --
Number of Stories: One
Building Style: Condotel, High-Rise 7+ Stories
Property Condition: Above Average
Construction: Concrete
Roofing: --
Floor Covering: Ceramic Tile, W/W Carpet
Possession: 45 Days or Less, At Closing
Land Recorded: Land Court
Exclusions: --
Easements: --
Set-Backs: --
Compensation*: 2.5
Compensation Type: %
Broker Attribution:
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Sunday, May 5, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Hawaii USA Realty LLC