2465 Kuhio At Waikiki #1218

(Waikiki)

2465 Kuhio Ave #1218, Honolulu
This property was sold July 19, 2017 for $500,000
  • Address: 2465 Kuhio Ave, Honolulu, HI 96815.
  • Built in 1971, 16 Floors with 91 Units, 2BR, Pets: No.
  • Ameneties include Community Laundry, Exercise Room, Resident Manager, Sauna, Security Guard.

About 2465 Kuhio at Waikiki
2465 Kuhio at Waikiki is a unique case. It's a place you can have an income-producing property – while living in it!

This is possible due here because these 2 bedroom condos have separate entrances to both the main living area and to one of the bedrooms. This, and the building by-laws, allows you to rent out the 2nd bedroom as a Studio unit. You collect rent while residing in the larger part of the home.

Another option is to rent out both and make this exclusively an income and investment property of your own. It's your choice.

All the units are 2 bedroom with 2 bathrooms, taking up areas of 876, 925, 987 or 989 sq ft across the whole. Nice lanai spaces bring 130 to 148 more sq ft outside to the totals.

The views take   ....click here to read more
Description

You will not find a lower priced, fee-simple 2/2 with ocean view and covered parking this close to the best beach for swimming, sunning and surfing in all of Waikiki. 1,073 sqft with 2 lanais can be a great personal residence. Special floor plan has 2 entry doors (1217 & 1218) and is currently rented as a 1/1 (#1218) plus a separate studio (#1217). Combined current rent of $2500 is below market, both tenants on month-to-month. House rules require minimum leases of 6 months. Window a/c's in both units, some nice upgrades, gas stove, gym, sauna, surfboard lockers, large cvd parking. Diamond Head side of Waikiki. See attached supplement or request tax explanation package on how to reduce taxes down to $131 per month. VA financing approved. No pets allowed. Fantastic investment property.

Past Activity
  • Jul 19, 2017 Sold @ $500K
  • Jun 26, 2017 In Escrow
  • Apr 26, 2017 Price ↓ $519K
  • Apr 25, 2017 Back to Active
  • Apr 18, 2017 In Escrow
  • Apr 06, 2017 Listed @ $520K
More Details
  • HOA Fees / Interior Sf: $0.67
  • Price / Interior Sf: $561
  • HOA Fees Include: Cable TV, Gas, Sewer, Water
  • Sold Furnished: Partially
  • Year Remodeled: 2006
  • Owner, Tax & Resale History: Click here
  • MLS: 201707342
  • Occupancy Type: Tenant
  • View: City, Golf Course, Mountain, Ocean
  • Zoning: X6 - Resort Hotel Precinct
  • Flood Zone: Zone X
  • Owner Occupancy: 20%
  • Management Company: Associa Hawaii
  • Security Features: Card, Keyed Elevator, Video
  • Amenities: Community Laundry, Exercise Room, Resident Manager, Sauna, Trash Chute, Wall/Fence
  • Inclusions: AC Window Unit, Auto Garage Door Opener, Range/Oven, Refrigerator
  • TMK: 1-2-6-23-72-62
  • Tax Assessed Land: $69,400
  • Tax Assessed Improvements: $408,200
  • Tax Assessed Total: $477,600
  • Special Sales Terms: None
  •  
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 23, 2019. Information is deemed reliable but not guaranteed.
2465 Kuhio Ave #1218 - listing courtesy Brinkman Properties LLC.
- We poured our heart into building this website for you! It took time, money, and effort. If you like it, consider working with us. We will not disappoint.
- We update our site every 1 minute.
  • Address: 2465 Kuhio Ave, Honolulu, HI 96815.
  • Built in 1971, 16 Floors with 91 Units, 2BR, Pets: No.
  • Ameneties include Community Laundry, Exercise Room, Resident Manager, Sauna, Security Guard.

About 2465 Kuhio at Waikiki
2465 Kuhio at Waikiki is a unique case. It's a place you can have an income-producing property – while living in it!

This is possible due here because these 2 bedroom condos have separate entrances to both the main living area and to one of the bedrooms. This, and the building by-laws, allows you to rent out the 2nd bedroom as a Studio unit. You collect rent while residing in the larger part of the home.

Another option is to rent out both and make this exclusively an income and investment property of your own. It's your choice.

All the units are 2 bedroom with 2 bathrooms, taking up areas of 876, 925, 987 or 989 sq ft across the whole. Nice lanai spaces bring 130 to 148 more sq ft outside to the totals.

The views take   ....click here to read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 23, 2019. Information is deemed reliable but not guaranteed.
2465 Kuhio Ave #1218 - listing courtesy Brinkman Properties LLC.
- We poured our heart into building this website for you! It took time, money, and effort. If you like it, consider working with us. We will not disappoint.
- We update our site every 1 minute.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
If an owner runs short-term vacation rentals the property is typically classified as Hotel and Resort and the tax is 1.29% of total assessed value. If an owner does not run short-term vacation rentals, but the property is currently classified as Hotel and Resort, it is possible to apply for a re-classification to Residential or Residential A, which may significantly lower the tax rate. Learn more about Oahu property taxes here.
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