Hawaii Living

Ala Moana Hotel Condo #1701 (Ala Moana)

1 / 14

410 Atkinson Drive #1701, Honolulu

This property was sold June 05, 2019 for $230,000
Description
Very desirable partial ocean view room with great views of the sunset and evening city lights overlooking Ala Moana Center. Two beds, close to the elevator, in the preferred Waikiki Tower make this very convenient for a traveling pair. Already in the hotel rental program for ease of transition and instant rental income. Income statements provided, showing a history of occupancy and cash flow. Hawaii's GE and TAT tax filing by the hotel (for $10/month) makes it a breeze as an owner. Experience this home as if you were there in our 3D virtual tour by clicking the film reel or virtual tour link. Used as a cash flow investment, with the additional benefit of letting friends and family stay there without charge (except for a mandatory $40 check out fee).
Past Activity
  • Jun 05, 2019 Sold @ $230K
  • May 23, 2019 In Escrow
  • Apr 11, 2019 Price ↓ $238K
  • Apr 11, 2019 Price ↑ $245K
  • Feb 13, 2019 Price ↓ $244K
  • Jan 25, 2019 Listed @ $245K
  • Oct 23, 2015 Sold @ $177K
  • Oct 20, 2015 In Escrow
  • Aug 26, 2015 Listed @ $177K
  • Aug 20, 2015 Expired
  • Aug 20, 2014 Listed @ $195K
  • Jul 18, 2014 Withdrawn
  • May 02, 2014 Listed @ $200K
More Details
  • HOA Fees / Interior Sf: $3.08
  • Price / Interior Sf: $801
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Sewer, Water
  • Owner, Tax & Resale History: Click here
  • Zoning: 33 - BMX-3 Community Business M
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Mckinley
  • View: City
  • Management Company: Hawaiiana
  • Security Features: Card, Key, Keyed Elevator, Security Patrol
  • Amenities: Concierge, Doorman, Exercise Room, Meeting Room, Patio/Deck, Pool, Restaurant, Sauna, Security Guard, Valet
  • TMK: 1-2-3-38-2-610
  • Tax Assessed Land: $53,600
  • Tax Assessed Improvements: $198,100
  • Tax Assessed Total: $251,700
  • Courtesy: Hawaii Realty International
  • MLS: 201903063
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 14, 2021. Information is deemed reliable but not guaranteed.
About Ala Moana Hotel Condo
  • Address: 410 Atkinson Dr, Honolulu, HI 96814.
  • Built in 1968 with 1150 Units on 36 Floors, Studio and 1 & 2BR Floor plans, Pets: No.
  • Amenities include Pool, Gym, 3 Restaurants, Nightclub, Sauna, Concierge,  Doorman, Valet, Business Center.
  • When the Ala Moana Hotel Condo first went onto the market, they attracted over 17,000 buyers for the 1150 units!

About Ala Moana Hotel Condo
The changing of the Ala Moana Hotel into a condotel in 2005 - named the Ala Moana Hotel Condo - was the largest conversion ever done in Hawaii. It attracted a huge crowd of interested buyers to the initial viewings and sales. Units went quickly and for a good price. No one saw the 2008 economic collapse coming over the horizon.

In the wake of that major downturn, the units' values also dropped, but the early buyers were partly protected by the fact that, as hotel rooms, they still produced a decent income. The Hawaii tourist industry wasn't affected as badly by the e  ....click here to read more
Description
Very desirable partial ocean view room with great views of the sunset and evening city lights overlooking Ala Moana Center. Two beds, close to the elevator, in the preferred Waikiki Tower make this very convenient for a traveling pair. Already in the hotel rental program for ease of transition and instant rental income. Income statements provided, showing a history of occupancy and cash flow. Hawaii's GE and TAT tax filing by the hotel (for $10/month) makes it a breeze as an owner. Experience this home as if you were there in our 3D virtual tour by clicking the film reel or virtual tour link. Used as a cash flow investment, with the additional benefit of letting friends and family stay there without charge (except for a mandatory $40 check out fee).
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 14, 2021. Information is deemed reliable but not guaranteed.
  • Address: 410 Atkinson Dr, Honolulu, HI 96814.
  • Built in 1968 with 1150 Units on 36 Floors, Studio and 1 & 2BR Floor plans, Pets: No.
  • Amenities include Pool, Gym, 3 Restaurants, Nightclub, Sauna, Concierge,  Doorman, Valet, Business Center.
  • When the Ala Moana Hotel Condo first went onto the market, they attracted over 17,000 buyers for the 1150 units!

About Ala Moana Hotel Condo
The changing of the Ala Moana Hotel into a condotel in 2005 - named the Ala Moana Hotel Condo - was the largest conversion ever done in Hawaii. It attracted a huge crowd of interested buyers to the initial viewings and sales. Units went quickly and for a good price. No one saw the 2008 economic collapse coming over the horizon.

In the wake of that major downturn, the units' values also dropped, but the early buyers were partly protected by the fact that, as hotel rooms, they still produced a decent income. The Hawaii tourist industry wasn't affected as badly by the e  ....click here to read more
 
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.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
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.
Learn more about Oahu property taxes here.