Kon Tiki is a great investment or place to call "home". Fully renovated in 2016 includes refurbished 50's style sink / countertop combo, new cabinets, Quartz countertops, waterproof laminate flooring, ceiling fan, furnishings & decorations. Unit to be sold AS IS with appliances and furnishings. 2nd floor unit good for breezes plus the window AC for those hot summer days; building is a three-story walkup (no elevators). Nice pool on property with a covered patio area and resident manager onsite also. Parking is not included and there is a waiting list to rent a stall from the resident manager (available for long-term residents or owners residing on property), but you do not need a car when all of Waikiki Beach is your "back yard", everything is walking distance or a short bus / bike ride away. Best features: location - 2 mins to Waikiki Beach, condition - turnkey investment and favorable Lease Rent terms - long lease through 2051! Daily rentals or less than 30 days not allowed per zoning. Unit has great income as 30-day min rental - $23,199.15 in 2022; MF includes electric, gas, water/sewer & hot water. Showing by appointment with advance notice; do not disturb current guests.
Built in 1960, with 3 stories and 48 units of Studio floor plans.
Amenities: Swimming Pool, Recreation Area, Storage.
Pets: No (verify).
Interesting: Consider this - a Waikiki condominium with incredible beach access that has only recently (2018) seen a 6 figure sale price!
If there was a Kon Tiki Hotel in Waikiki, it's long gone, leaving this property as its legacy for Honolulu condo market. It's a building that keeps the Mid-Century Hawaii style alive, while also presenting an opportunity for inve..... Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 25, 2024. Information is deemed reliable but not guaranteed.
Sold 7/27/23 at $125,000 (List Price: $125,000)
Description
Kon Tiki is a great investment or place to call "home". Fully renovated in 2016 includes refurbished 50's style sink / countertop combo, new cabinets, Quartz countertops, waterproof laminate flooring, ceiling fan, furnishings & decorations. Unit to be sold AS IS with appliances and furnishings. 2nd floor unit good for breezes plus the window AC for those hot summer days; building is a three-story walkup (no elevators). Nice pool on property with a covered patio area and resident manager onsite also. Parking is not included and there is a waiting list to rent a stall from the resident manager (available for long-term residents or owners residing on property), but you do not need a car when all of Waikiki Beach is your "back yard", everything is walking distance or a short bus / bike ride away. Best features: location - 2 mins to Waikiki Beach, condition - turnkey investment and favorable Lease Rent terms - long lease through 2051! Daily rentals or less than 30 days not allowed per zoning. Unit has great income as 30-day min rental - $23,199.15 in 2022; MF includes electric, gas, water/sewer & hot water. Showing by appointment with advance notice; do not disturb current guests.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 25, 2024. Information is deemed reliable but not guaranteed.
Built in 1960, with 3 stories and 48 units of Studio floor plans.
Amenities: Swimming Pool, Recreation Area, Storage.
Pets: No (verify).
Interesting: Consider this - a Waikiki condominium with incredible beach access that has only recently (2018) seen a 6 figure sale price!
If there was a Kon Tiki Hotel in Waikiki, it's long gone, leaving this property as its legacy for Honolulu condo market. It's a building that keeps the Mid-Century Hawaii style alive, while also presenting an opportunity for inve..... 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: 11/30/51
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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
