Executive Centre #1114

(Downtown Honolulu)

1 / 11

Asking Price

$278,000

Living

967 sf

Baths

1.5

Beds

1

1088 Bishop St #1114, Honolulu, 96813
Agency Info

Our office is currently not able to assist you with this property. We recommend you contact the listing agency - Locations LLC

Address: 1088 Bishop St, Honolulu, HI 96813.

About Executive Centre Downtown Honolulu
The Executive Centre is one of those buildings you probably know well already. With Long's and Ross on its street level, it's a common stop for anyone working downtown. What makes this address stand out even more is it has a very special real estate zoning.

In addition to the obvious commercial spaces, as well as offices, the Executive Centre is also zoned for both residential and short-term rentals, making it the only condotel in the heart of Downtown Honolulu. As of writing, Aqua runs the hotel operations, from front desk to maid service and everything else.

Being mixed-use there are a lot more floor plans than you'd normally expect – around 49, in fact. Generally, you'll find layouts of Studio/1BA of 372 to 400 sq ft, 1BR/1BA(450 to 798 sq ft) and 1BR/1.5BA (967 to 1217 sq ft).

Due to the unusual zoning you'll also find other open layouts with larger dimension  ....click here to read more
Description

1 bedroom 1-1/2 bath in the townhouse area above the parking garage. Spacious floor plan. $181.79 per month is the capital reserve fee. Acquisition cost for the fee purchase is $13,501.66 + AOAO daily interest is $18,366.19 from 10/31/14 - 10/31/2017. From 11/1/2017 - fee is $25.86 per day. These cost are in addition to the fee purchase price. There is also annual charges for parking maintenance of $4.44 due on 3/1. Parking capital reserve $0.72 due on 3/1, Parking Lease rent $2.28 due 7/1.

Recent Activity
  • Aug 14, 2018 Listed @ $278K
  • Jul 26, 2017 Sold @ $218K
  • May 28, 2017 In Escrow
  • May 09, 2017 Listed @ $238K
  • Jun 30, 2010 Sold @ $165K
  • May 17, 2010 In Escrow
  • Jan 20, 2010 Listed @ $179K
Recently Sold
(Executive Centre)
  • #1101: 525 sf @ $315K (9/13/18)
  • #711: 590 sf @ $360K (8/28/18)
  • #3209: 465 sf @ $185K (8/21/18)
  • #1216: 1,098 sf @ $275K (7/30/18)
  • #601: 525 sf @ $165K (7/20/18)
  • #2007: 798 sf @ $193K (7/19/18)
  • #312: 525 sf @ $190K (5/7/18)
  • #810: 590 sf @ $355K (5/1/18)
  • #3804: 450 sf @ $210K (4/27/18)
  • #710: 590 sf @ $133K (4/25/18)
More Details
  • Other Fees: $182 / month ?
  • HOA Fees / Interior Sf: $1.28
  • Price / Interior Sf: $287
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Sewer, Water
  • Sold Furnished: Fully
  • Owner, Tax & Resale History: Click here
  • MLS: 201821497
  • Downtown Honolulu Condos Median Listing Price: $390K
  • Downtown Honolulu Condos Median Interior: 798 sf
  • Occupancy Type: Tenant
  • Elementary School: Royal
  • Middle School: Central
  • High School: Mckinley
  • View: City
  • Zoning: 34 - BMX-4 Central Business Mix
  • Flood Zone: Zone X
  • Owner Occupancy: 30%
  • Management Company: Aston
  • Security Features: Card, Security Patrol, Video
  • Amenities: Community Laundry, Heated Pool, Meeting Room, Resident Manager, Restaurant, Security Guard, Whirlpool
  • Inclusions: AC Split, Blinds, Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer
  • TMK: 1-2-1-12-4-477
  • Tax Assessed Land: $65,300
  • Tax Assessed Improvements: $426,200
  • Tax Assessed Total: $491,500
  • Special Sales Terms: None
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 20, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Locations LLC.
Other Executive Centre Listings
Executive Centre #705
Studio | 1 Ba | 372 sf
Fully furnished
Leasehold
$245,000
Executive Centre #3410
1 Bd | 1 Ba | 650 sf
Year Remodeled: 2017
Leasehold
$243,000
Executive Centre #3607
1 Bd | 1 Ba | 798 sf
Ocean view
Leasehold
$240,000
Executive Centre #2810
1 Bd | 1 Ba | 650 sf
Address: 1088 Bishop St, Honolulu, HI 96813.

About Executive Centre Downtown Honolulu
The Executive Centre is one of those buildings you probably know well already. With Long's and Ross on its street level, it's a common stop for anyone working downtown. What makes this address stand out even more is it has a very special real estate zoning.

In addition to the obvious commercial spaces, as well as offices, the Executive Centre is also zoned for both residential and short-term rentals, making it the only condotel in the heart of Downtown Honolulu. As of writing, Aqua runs the hotel operations, from front desk to maid service and everything else.

Being mixed-use there are a lot more floor plans than you'd normally expect – around 49, in fact. Generally, you'll find layouts of Studio/1BA of 372 to 400 sq ft, 1BR/1BA(450 to 798 sq ft) and 1BR/1.5BA (967 to 1217 sq ft).

Due to the unusual zoning you'll also find other open layouts with larger dimension  ....click here to read more
Other Downtown Honolulu Condos
Sold(9/13/18)
$315,000
Executive Centre #1101
1 Bd | 1 Ba | 525 sf
Year Remodeled: 2018
Sold(8/28/18)
$360,000
Executive Centre #711
1 Bd | 1 Ba | 590 sf
Year Remodeled: 2018
LeaseholdSold(8/21/18)
$185,000
Executive Centre #3209
1 Bd | 1 Ba | 465 sf
Fully furnished
LeaseholdSold(7/30/18)
$275,000
Executive Centre #1216
1 Bd | 1.5 Ba | 1,098 sf
Ocean view
LeaseholdSold(7/20/18)
$165,000
Executive Centre #601
1 Bd | 1 Ba | 525 sf
Year Remodeled: 2018
LeaseholdSold(7/19/18)
$193,800
Executive Centre #2007
1 Bd | 1 Ba | 798 sf
LeaseholdSold(5/7/18)
$190,000
Executive Centre #312
1 Bd | 1 Ba | 525 sf
Year Remodeled: 2017
Sold(5/1/18)
$355,000
Executive Centre #810
1 Bd | 1 Ba | 590 sf
LeaseholdSold(4/27/18)
$210,000
Executive Centre #3804
1 Bd | 1 Ba | 450 sf
Ocean view
LeaseholdSold(4/25/18)
$133,000
Executive Centre #710
1 Bd | 1 Ba | 590 sf
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 20, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Locations LLC.
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.
Leasehold Expiry: 01/31/53
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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