Hawaii Living

Waikiki Banyan #undisclosed (Waikiki)

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  • Sold 7/16/21 at $525,000
    (List Price: $550,000)
  • Beds: 1
  • Baths: 1
  • Living: 533 sqft
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/01/35
  • Lease Rent: $ 168 / month
  • Fee Purchase: Not available
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $575 / month
  • Property Taxes: $177 / month ?
  • Est. Mortgage: $1,855 /mo - adjust loan
  • Days on Market: 136
  • Status: Sold
  • Buy without visiting ?
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201 Ohua Avenue

This property was sold July 16, 2021 for $525,000
Description
Most desirable condo in Waikiki. One block from world-famous Waikiki Beach, Kapiolani Park and Zoo. The unit comes with fully furnished and parking. The unit have an NUC and good history of rental income. The low maintenance fee included electricity, cable, water and sewer. The Unit is on the lower floor but has a great view of the amenities area. The resort-style amenities are Pool, Jacuzzi, BBQ, kid's playground, tennis court, Sauna and cafe.
Past Activity
  • Jul 17, 2021 Sold for $525,000
  • Jun 24, 2021 In Escrow
  • Feb 08, 2021 Listed at $550,000
More Details
  • HOA Fees / Interior Sf: $1.08
  • Price / Interior Sf: $1,032
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Sewer
  • Zoning: X2 - Apartment Precinct
  • Any View: City
  • Management Company: Hawaii Ana
  • Security Features: Video
  • Amenities: BBQ, Community Laundry, Pool on Property, Recreation Area, Resident Manager, Sauna, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-20-58-242
  • Tax Assessed Land: $98,400
  • Tax Assessed Improvements: $443,700
  • Tax Assessed Total: $542,100
  • Courtesy: Hawaii Military Realty, Inc.
  • MLS: 202103656
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 02, 2021. Information is deemed reliable but not guaranteed.
About Waikiki Banyan
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans,, Pets: OK (verify).
  • Amenities include: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and 24-Hour Security Guard.
  • Many units in this popular condo hotel can be rented out daily and the rental program here makes it easy for owners to take advantage of this opportunity.

News
Waikiki Banyan is attempting to get re-zoned in an effort to allow all owners to run a short-term rental business.


About Waikiki Banyan
The Waikiki Banyan condo is a large, two tower condotel, located at the Diamond Head end of Waikiki off of Kuhio Avenue. There are four rental agencies with an office in the building: Aston Hotels, Koko Resorts, Map Vision and CIMY Hawaii Resorts at The Waikiki Banyan.

Several of these 1 Bedroom / 1 Bath units can be rented on a daily basis, making Waikiki Banyan  ....click here to read more
Description
Most desirable condo in Waikiki. One block from world-famous Waikiki Beach, Kapiolani Park and Zoo. The unit comes with fully furnished and parking. The unit have an NUC and good history of rental income. The low maintenance fee included electricity, cable, water and sewer. The Unit is on the lower floor but has a great view of the amenities area. The resort-style amenities are Pool, Jacuzzi, BBQ, kid's playground, tennis court, Sauna and cafe.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 02, 2021. Information is deemed reliable but not guaranteed.
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans,, Pets: OK (verify).
  • Amenities include: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and 24-Hour Security Guard.
  • Many units in this popular condo hotel can be rented out daily and the rental program here makes it easy for owners to take advantage of this opportunity.

News
Waikiki Banyan is attempting to get re-zoned in an effort to allow all owners to run a short-term rental business.


About Waikiki Banyan
The Waikiki Banyan condo is a large, two tower condotel, located at the Diamond Head end of Waikiki off of Kuhio Avenue. There are four rental agencies with an office in the building: Aston Hotels, Koko Resorts, Map Vision and CIMY Hawaii Resorts at The Waikiki Banyan.

Several of these 1 Bedroom / 1 Bath units can be rented on a daily basis, making Waikiki Banyan  ....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: 12/01/35
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.