Hawaii Living

Pacific Monarch #1204 (Waikiki)

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  • Sold 5/30/14 at $145,000
    (List Price: $155,000)
  • Beds: 0
  • Baths: 1
  • Living: 352 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 03/31/44
  • Lease Rent: $ 64 / month
  • Fee Purchase: $68,400
  • Built: 1980
  • Parking: 0
  • Maint. (HOA) Fees: $524 / month
  • Property Taxes: $70 / month ?
  • Est. Mortgage: $784 / mo - adjust loan
  • Time Listed for Sale: 30 days
  • Status: Sold
  • Buy without visiting ?
  • All Pacific Monarch condos for sale »
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2427 Kuhio Ave #1204, Honolulu

Description
WHOPPING $14K PRICE REDUCTION! FEE OF $68,400 IS AVAILABLE FOR PURCHASE! GET THE MOST BANG FOR YOUR BUCK! Leasehold unit is a lot cheaper and gets same rental income as fee simple units. New low price of $155K + $68,400 = $223,400 --which is less than a fee simple unit on a lower floor! THIS IS THE DEAL YOU ARE WAITING FOR! Upgraded studio with laminate & tile flooring. Fully-furnished with everything you need to start your rental business now! Lovely ocean & mountain views. Bldg amenities include a pool, lobby, community laundry & security. Close to beach and everything Waikiki has to offer.
Past Activity
  • Jun 02, 2014 Sold for $145,000
  • May 14, 2014 In Escrow
  • May 05, 2014 Price $155,000
  • Apr 14, 2014 Listed at $169,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.49
  • Price / ft²: $412
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Sewer
  • Zoning: X6 - Resort Hotel Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 1%
  • Management Company: Aqua Hospitality
  • Security Features: Card, Key, Security Patrol, Video
  • Amenities: Community Laundry, Patio/Deck, Pool, Recreation Area, Recreation Room, Sauna, Security Guard, Trash Chute
  • TMK: 1-2-6-23-56-54
  • Tax Assessed Land: $22,600
  • Tax Assessed Improvements: $209,200
  • Tax Assessed Total: $231,800
  • Courtesy: Prudential Locations LLC
  • MLS: 201406170
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 5/30/14 at $145,000
    (List Price: $155,000)
Description
WHOPPING $14K PRICE REDUCTION! FEE OF $68,400 IS AVAILABLE FOR PURCHASE! GET THE MOST BANG FOR YOUR BUCK! Leasehold unit is a lot cheaper and gets same rental income as fee simple units. New low price of $155K + $68,400 = $223,400 --which is less than a fee simple unit on a lower floor! THIS IS THE DEAL YOU ARE WAITING FOR! Upgraded studio with laminate & tile flooring. Fully-furnished with everything you need to start your rental business now! Lovely ocean & mountain views. Bldg amenities include a pool, lobby, community laundry & security. Close to beach and everything Waikiki has to offer.
    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 02, 2014 Sold for $145,000
    • May 14, 2014 In Escrow
    • May 05, 2014 Price $155,000
    • Apr 14, 2014 Listed at $169,000
    • 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: 03/31/44
    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.