Hawaii Living

Hawaiian Monarch #1007 (Waikiki)

444 Niu St #1007, Honolulu

Description
Beautifully renovated studio with kitchenette and spectacular Ocean, Diamond Head, Ala Wai and mountain views perfect for investors. The Hawaiian Monarch is legal for short term and vacation rentals, as well as long term rentals, and is ideal for Airbnb with its fabulous amenities including a resort type pool, hot tub, barbeque grills, picnic area, fitness center, laundry, restaurants, pub and convenience store, and is an centrally located near Waikiki's beaches, restaurants, shops and bus lines and in walking distance of the Ala Moana Mall. The building is very secure with 24 hour security guards, security cameras and keyed elevator. This unit is currently dedicated for residential use (long term rentals of 30 days or more). The dedication expires on June 30, 2023 at which time property will be zoned for short term vacation rentals. Please contact The Real Property Assessment Division if you would like additional details. Please note that the current taxes are based on residential status and will increase when residential dedication expires. Tenant's lease expires 8/27/23. Current rent is $1400 per month.
Past Activity
  • Aug 31, 2023 Sold for $289,000
  • May 31, 2023 In Escrow
  • May 19, 2023 Listed at $289,900
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.03
  • Price / ft²: $1,296
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Sewer, Water, None
  • Year Remodeled: 2019
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AO
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: Diamond Head, Marina/Canal, Mountain, Ocean
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 8%
  • Management Company: Hawaiiana
  • Security Features: Card, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Exercise Room, Patio/Deck, Pool on Property, Recreation Area, Restaurant, Security Guard, Whirlpool
  • TMK: 1-2-6-14-32-207
  • Tax Assessed Land: $80,300
  • Tax Assessed Improvements: $112,400
  • Tax Assessed Total: $192,700
  • Courtesy: Trans-Pacific Realty Inc. / (808) 722-2324
  • MLS: 202310953
Good to Know
  • Address: 444 Niu St, Honolulu, HI 96815.
  • Built in 1979, 44 Floors with 439 Units, Studio & 1 - 2BR Floor plans, Pets: No.
  • Amenities include Pool, Meeting Room, Security Guard, BBQ Area, Restaurant.
  • Some  units have ocean views to add to their already attractive list of features!

About Hawaiian Monarch
The Hawaiian Monarch is another of the condotel properties that have become more common in and around Waikiki. It's a great way for investors to own not only a piece of Honolulu real estate, but also a part of the tourism business that drives the entire Hawaii   .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 28, 2024. Information is deemed reliable but not guaranteed.
  • Sold 8/31/23 at $289,000
    (List Price: $289,900)
Description
Beautifully renovated studio with kitchenette and spectacular Ocean, Diamond Head, Ala Wai and mountain views perfect for investors. The Hawaiian Monarch is legal for short term and vacation rentals, as well as long term rentals, and is ideal for Airbnb with its fabulous amenities including a resort type pool, hot tub, barbeque grills, picnic area, fitness center, laundry, restaurants, pub and convenience store, and is an centrally located near Waikiki's beaches, restaurants, shops and bus lines and in walking distance of the Ala Moana Mall. The building is very secure with 24 hour security guards, security cameras and keyed elevator. This unit is currently dedicated for residential use (long term rentals of 30 days or more). The dedication expires on June 30, 2023 at which time property will be zoned for short term vacation rentals. Please contact The Real Property Assessment Division if you would like additional details. Please note that the current taxes are based on residential status and will increase when residential dedication expires. Tenant's lease expires 8/27/23. Current rent is $1400 per month.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 28, 2024. Information is deemed reliable but not guaranteed.
    • Aug 31, 2023 Sold for $289,000
    • May 31, 2023 In Escrow
    • May 19, 2023 Listed at $289,900
    • Address: 444 Niu St, Honolulu, HI 96815.
    • Built in 1979, 44 Floors with 439 Units, Studio & 1 - 2BR Floor plans, Pets: No.
    • Amenities include Pool, Meeting Room, Security Guard, BBQ Area, Restaurant.
    • Some  units have ocean views to add to their already attractive list of features!

    About Hawaiian Monarch
    The Hawaiian Monarch is another of the condotel properties that have become more common in and around Waikiki. It's a great way for investors to own not only a piece of Honolulu real estate, but also a part of the tourism business that drives the entire Hawaii   .....
    Read more.


    Other Hawaiian Monarch Listings
     
    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 about property tax rates.