Executive Centre #705

(Downtown Honolulu)

1 / 21

Asking price

$288,000

Living

372 sf

Baths

1

Beds

0

Address: 1088 Bishop St
Agency Info

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

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 Simple with one assigned PARKING stall. This condotel is a gold mine. High occupancy rate. Better income than the one bedroom unit. For Business Use, Short-term rental, or Residence use. Fully furnished unit with reserved, covered parking stall. Two full size beds, Executive desk, work table, TV cable and internet included in the Maintenance Fee. Electric fee is billed to owner monthly. Great amenities with large pool, whirlpool, Board/Conference room on 11th FL. Laundry Room on 3rd FL Capital reserved fund $61.88/month.

Recent Activity
  • Jul 06, 2018 Listed @ $288K
  • Mar 08, 2018 Listed @ $198K
  • Oct 20, 2017 Sold @ $102K
  • Oct 10, 2017 In Escrow
  • Oct 04, 2017 Back to Active
  • Aug 24, 2017 In Escrow
  • Jul 07, 2017 Listed @ $119K
  • Oct 21, 2013 Sold @ $63K
  • Oct 11, 2013 In Escrow
  • Oct 04, 2013 Price ↓ $66K
  • Oct 04, 2013 Price ↑ $669K
  • Sep 06, 2013 Listed @ $79K
Recently Sold
(Executive Centre)
  • #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)
  • #3710: 650 sf @ $235K (4/13/18)
  • #2603: 591 sf @ $233K (4/6/18)
  • #2902: 616 sf @ $210K (4/3/18)
More Details
  • HOA Fees / Interior Sf: $0.97
  • Price / Interior Sf: $774
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Sewer, Water
  • Sold Furnished: Fully
  • Owner, Tax & Resale History: Click here
  • MLS: 201817727
  • Downtown Honolulu Condos Median Listing Price: $399K
  • Downtown Honolulu Condos Median Interior: 798 sf
  • Occupancy Type: Tenant
  • Elementary School: Royal
  • Middle School: Central
  • High School: Mckinley
  • Zoning: 34 - BMX-4 Central Business Mix
  • Flood Zone: Zone X
  • Owner Occupancy: 30%
  • Management Company: Aston-Aqua
  • Security Features: Card, Key, Security Patrol, Video
  • Amenities: Community Laundry, Meeting Room, Patio/Deck, Pool, Restaurant, Security Guard, Trash Chute
  • Inclusions: AC Central, Auto Garage Door Opener, Cable TV, Disposal, Drapes, Kitchenware, Linens
  • TMK: 1-2-1-12-4-72
  • Tax Assessed Land: $22,200
  • Tax Assessed Improvements: $192,600
  • Tax Assessed Total: $214,800
  • Special Sales Terms: None
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 16, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Nora W. Chen.
Other Executive Centre Listings
Leasehold
$278,000
Executive Centre #1114
1 Bd | 1.5 Ba |  967 sf
Leasehold
$249,000
Executive Centre #2806
1 Bd | 1 Ba |  798 sf
Ocean view
Leasehold
$248,800
Executive Centre #1120
1 Bd | 1.5 Ba |  967 sf
Ocean view
Leasehold
$245,000
Executive Centre #3410
1 Bd | 1 Ba |  650 sf
Year Remodeled: 2017
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
Kukui Plaza #E1704
1 Bd | 1Ba |  615 sf
Executive Centre #608
1 Bd | 1Ba |  477 sf
Harbor Square #11G
2 Bd | 2Ba |  624 sf
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
LeaseholdSold(4/13/18)
$235,723
Executive Centre #3710
1 Bd | 1 Ba |  650 sf
Fully furnished
LeaseholdSold(4/6/18)
$233,743.00
Executive Centre #2603
1 Bd | 1 Ba |  591 sf
Ocean view
LeaseholdSold(4/3/18)
$210,000
Executive Centre #2902
1 Bd | 1 Ba |  616 sf
Ocean view
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 16, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Nora W. Chen.
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 claims the home exemption - the owner's primary residence - the tax rate is 0.35% of total assessed value. If an owner can not claim the home exemption - not the owner's primary residence - the tax rate is two tiered: 0.45% up to an assessed value of $1,000,000 and 0.9% of the assessed value above $1,000,000. Learn details about Oahu property taxes here.
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