Hawaii Living

Pacific Monarch #1005 (Waikiki)

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  • Sold 5/31/22 at $235,000
    (List Price: $249,500)
  • Beds: 0
  • Baths: 1
  • Living: 356 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 04/27/54
  • Lease Rent: $ 156 / month
  • Fee Purchase: $157,000
  • Balcony: 58 ft²
  • Built: 1980
  • Parking: 0
  • Maint. (HOA) Fees: $665 / month
  • Property Taxes: $383 / month ?
  • Est. Mortgage: $1,262 / mo - adjust loan
  • Time Listed for Sale: 180 days
  • Status: Sold
  • Buy without visiting ?
  • All Pacific Monarch condos for sale »
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2427 Kuhio Ave #1005, Honolulu

Description
PRICE REDUCED!!! Unit of #05 on the 10th floor in the Pacific Monarch. This unit is fully furnished and maintained under Springboard Hotels & Resorts Rental Program (hotel pool) with steady high monthly income. It is centrally located in the heart of Waikiki where it's literally steps away from the famous Waikiki Beach, Honolulu Zoo, Kapiolani Park, bus lines, shops and restaurants.
Past Activity
  • Jun 07, 2022 Sold for $235,000
  • May 09, 2022 In Escrow
  • May 03, 2022 Price $249,500
  • Jan 18, 2022 Price $290,000
  • Nov 10, 2021 Listed at $350,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.87
  • Price / ft²: $660
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 20%
  • Management Company: Springboard Hospitality
  • Security Features: Card, Video
  • Amenities: Community Laundry, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Sauna, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-39
  • Tax Assessed Land: $87,500
  • Tax Assessed Improvements: $233,200
  • Tax Assessed Total: $320,700
  • Courtesy: Mahalo Realty, LLC
  • MLS: 202128782
Good to Know
  • Address: 2427 Kuhio Ave, Honolulu, HI 96815.
  • Built in 1980, 121 Units on 32 Floors, Studio & 1BR, Pets: No.
  • Amenities include Sauna, Pool, Whirlpool, Party Room, Security Guard.
  • The 1BRs have full kitchens!

About Pacific Monarch
Waikiki's Pacific Monarch will most likely not be your primary residence. This is an investment, an income-making property, maybe even your place to stay when you want to enjoy some beach time. As a condotel, proximity to the sands is extremely important to getting guest bookings for your room. No worries about that here.

The building   .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
  • Sold 5/31/22 at $235,000
    (List Price: $249,500)
Description
PRICE REDUCED!!! Unit of #05 on the 10th floor in the Pacific Monarch. This unit is fully furnished and maintained under Springboard Hotels & Resorts Rental Program (hotel pool) with steady high monthly income. It is centrally located in the heart of Waikiki where it's literally steps away from the famous Waikiki Beach, Honolulu Zoo, Kapiolani Park, bus lines, shops and restaurants.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
    • Jun 07, 2022 Sold for $235,000
    • May 09, 2022 In Escrow
    • May 03, 2022 Price $249,500
    • Jan 18, 2022 Price $290,000
    • Nov 10, 2021 Listed at $350,000
    • Address: 2427 Kuhio Ave, Honolulu, HI 96815.
    • Built in 1980, 121 Units on 32 Floors, Studio & 1BR, Pets: No.
    • Amenities include Sauna, Pool, Whirlpool, Party Room, Security Guard.
    • The 1BRs have full kitchens!

    About Pacific Monarch
    Waikiki's Pacific Monarch will most likely not be your primary residence. This is an investment, an income-making property, maybe even your place to stay when you want to enjoy some beach time. As a condotel, proximity to the sands is extremely important to getting guest bookings for your room. No worries about that here.

    The building   .....
    Read more.
    Other Pacific 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.
    Leasehold Expiry: 04/27/54
    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 about property tax rates.