Hawaii Living

Hawaiian Monarch #904 (Waikiki)

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444 Niu St #904, Honolulu

This property was sold July 12, 2021 for $110,000
Description
Super convenient location in Waikiki and steps to Ala Moana Shopping Center, Convention Center. Great investment opportunity with long term and short term rental. Pool view. Amenities include pool, Jacuzzi, BBQ area, Fitness Center, and Common Laundry. Absolute AS-Is condition. February 2021 leased fee price is $65,090 and the price goes up $155 each month until a sales contract is submitted and accepted.
Past Activity
  • Jul 12, 2021 Sold for $110,000
  • Feb 19, 2021 In Escrow
  • Feb 09, 2021 Listed at $118,000
  • Jan 18, 2017 Sold for $97,000
  • Jul 06, 2016 In Escrow
  • May 30, 2016 Listed at $97,000
  • Apr 04, 2016 Withdrawn
  • Dec 01, 2015 Price $99,000
  • Sep 25, 2015 Listed at $105,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.39
  • Price / Interior Sf: $500
  • HOA Fees Include: Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • View: City
  • Owner Occupancy: 11%
  • Management Company: Hawaiiana
  • Security Features: Card
  • Amenities: BBQ, Community Association Pool, Community Laundry, Exercise Room, Patio/Deck, Pool on Property, Recreation Area, Recreation Room
  • TMK: 1-2-6-14-32-188
  • Tax Assessed Land: $85,000
  • Tax Assessed Improvements: $105,400
  • Tax Assessed Total: $190,400
  • Courtesy: Compass
  • MLS: 202103570
Blog
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    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 16, 2021. Information is deemed reliable but not guaranteed.
    About Hawaiian Monarch
    • 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 economy.

    Being a condotel you have the rights to rent your property for short-term stays, instead of the 30-Day minimum other vacation condos fall under. Since most visitors need a place for that shorter term, you're in the best position possible to get that business. Ultimately, though, attracting renters, long or short term, rides a lot on what the building offers. What does the Hawai  ....click here to read more
    Description
    Super convenient location in Waikiki and steps to Ala Moana Shopping Center, Convention Center. Great investment opportunity with long term and short term rental. Pool view. Amenities include pool, Jacuzzi, BBQ area, Fitness Center, and Common Laundry. Absolute AS-Is condition. February 2021 leased fee price is $65,090 and the price goes up $155 each month until a sales contract is submitted and accepted.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 16, 2021. Information is deemed reliable but not guaranteed.

    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 economy.

    Being a condotel you have the rights to rent your property for short-term stays, instead of the 30-Day minimum other vacation condos fall under. Since most visitors need a place for that shorter term, you're in the best position possible to get that business. Ultimately, though, attracting renters, long or short term, rides a lot on what the building offers. What does the Hawai  ....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.
    Leasehold Expiry: 06/01/54
    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.