Executive Centre #2903

(Downtown Honolulu)

1 / 14

Asking Price

$199,000

Living

591 sf

Baths

1

Beds

1

1088 Bishop St #2903, Honolulu, 96813
Agency Info

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

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

Fee Available. Seldom available high floor 03 stack with gorgeous ocean and harbor views. Unit totally renovated with modern fixtures, new kitchen cabinet, appliances, new plumbing, flooring and paint. Total renovation cost more than $30,000. Centrally located in the heart of downtown with proximity to Wal-Mart, 24 Hour Fitness, Longs, Starbucks, Ross, Walgreens, 7/11, HPU and numerous restaurants. Mixed Zoning allows for Residential, Commercial or Hotel/Vacation Rental Use. Fee is available for approx $150,180 plus acquisition cost of $7,301.38 and daily interest of $9.19 from 10/31/2014. This is an excellent unit. Must see to appreciate. Property Tax is for 2018 new rate.

Recent Activity
  • Aug 20, 2018 Listed @ $199K
  • Nov 29, 2013 Sold @ $159K
  • Oct 12, 2013 In Escrow
  • Oct 02, 2013 Listed @ $169K
  • Dec 29, 2008 In Escrow
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: $98 / month ?
  • HOA Fees / Interior Sf: $1.13
  • Price / Interior Sf: $337
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Sewer, Water
  • Sold Furnished: Fully
  • Year Remodeled: 2016
  • Owner, Tax & Resale History: Click here
  • MLS: 201821957
  • Downtown Honolulu Condos Median Listing Price: $390K
  • Downtown Honolulu Condos Median Interior: 798 sf
  • Occupancy Type: Hotel Rental Pool
  • Elementary School: Royal
  • Middle School: Central
  • High School: Mckinley
  • View: City, Coastline, Ocean, Sunset
  • Zoning: 34 - BMX-4 Central Business Mix
  • Flood Zone: Zone X
  • Owner Occupancy: 30%
  • Management Company: Aston Hotel
  • Security Features: Card, Keyed Elevator, Video
  • Amenities: Community Laundry, Heated Pool, Meeting Room, Pool, Resident Manager, Restaurant, Security Guard, Whirlpool
  • Inclusions: AC Central, Blinds, Cable TV, Drapes, Dryer, Microwave Hood, Microwave, Refrigerator, Smoke Detector, Washer
  • TMK: 1-2-1-12-4-334
  • Tax Assessed Land: $35,300
  • Tax Assessed Improvements: $314,700
  • Tax Assessed Total: $350,000
  • 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 24, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: INET Realty.
Other Executive Centre Listings
Leasehold
$199,000
Executive Centre #1403
1 Bd | 1 Ba | 591 sf
Leasehold
$205,000
Executive Centre #2310
1 Bd | 1 Ba | 650 sf
Fully furnished
Leasehold
$209,000
Executive Centre #710
1 Bd | 1 Ba | 590 sf
Leasehold
$225,000
Executive Centre #203
1 Bd | 1 Ba | 802 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 Metro Honolulu Condos
Century Center #2601
1 Bd | 2Ba | 1,065 sf
Queens Villa #208
Just listed
$185,000
Queens Villa #208
1 Bd | 1Ba | 327 sf
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 24, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: INET Realty.
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 claims the home exemption - the owner's primary residence - the tax rate is 0.35% of total assessed value. If an owner cannot claim the home exemption - not the owner's primary residence - the tax rate is also 0.35% if total assessed value is below $1,000,000, but if the total assessed value is at or above $1,000,000 the tax rate is two tiered: 0.45% up to the first $1,000,000 in assessed value and 0.9% above $1,000,000 in assessed value. Learn more about Oahu property taxes here.
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