Hawaii Living

Pacific Monarch #1205 (Waikiki)

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2427 Kuhio Ave #1205, Honolulu

This property was sold May 25, 2022 for $405,000
Description
A very popular condotel in the heart of Waikiki for vacation rental or living full-time. During the pandemic this hotel overall averaged more than 50% occupancy. Excellent location just a casual walk to the best beaches, dinning and shopping. Relax and enjoy the rooftop pool and jacuzzi with an incredible 360 panoramic view of the Pacific Ocean, Diamond Head and Koolau mountain range. It is currently in the hotel pool and has been renovated to meet hotel pool standard. This unit has a 2 burner stove top and owner storage in the unit. Please use First American Title company for escrow services.
Past Activity
  • May 25, 2022 Sold for $405,000
  • Apr 17, 2022 In Escrow
  • Jan 16, 2022 Listed at $416,000
  • Jan 01, 2022 Expired
  • Nov 02, 2021 Price $416,000
  • Nov 07, 2020 Listed at $421,688
  • Feb 11, 2020 Withdrawn
  • Oct 23, 2019 Listed at $436,900
  • Oct 23, 2019 Expired
  • Apr 28, 2019 Listed at $435,000
  • Aug 17, 2015 Sold for $245,000
  • Jul 21, 2015 In Escrow
  • Jul 14, 2015 Listed at $245,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.87
  • Price / Interior Sf: $1,169
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2010
  • Zoning: X6 - Resort Mixed Use Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain, Ocean
  • Owner Occupancy: 10%
  • Management Company: Springboard Hospitality
  • Security Features: Card, Security Patrol
  • Amenities: BBQ, Community Laundry, Concierge, Exercise Room, Meeting Room, Pool on Property, Recreation Room, Restaurant, Sauna, Security Guard, Storage, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-55
  • Tax Assessed Land: $87,500
  • Tax Assessed Improvements: $257,000
  • Tax Assessed Total: $345,100
  • Courtesy: Hawaii Dream Realty LLC
  • MLS: 202200954
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 13, 2022. Information is deemed reliable but not guaranteed.
About Pacific Monarch
  • 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 stands right on Kuhio Ave and Uluniu Ave. The central stretch of Waikiki Beach is a 2 minute, or less, stroll straight down Uluniu. The district's two enclosed lagoons, popular for their calm waters, are directly in front of you where the street meets the ocean, beckoning you to come in for a cool dip.

Another concern with Waikiki condos, even for vacationers, is the noise factor. Some   ....click here to read more
Description
A very popular condotel in the heart of Waikiki for vacation rental or living full-time. During the pandemic this hotel overall averaged more than 50% occupancy. Excellent location just a casual walk to the best beaches, dinning and shopping. Relax and enjoy the rooftop pool and jacuzzi with an incredible 360 panoramic view of the Pacific Ocean, Diamond Head and Koolau mountain range. It is currently in the hotel pool and has been renovated to meet hotel pool standard. This unit has a 2 burner stove top and owner storage in the unit. Please use First American Title company for escrow services.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 13, 2022. Information is deemed reliable but not guaranteed.
  • 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 stands right on Kuhio Ave and Uluniu Ave. The central stretch of Waikiki Beach is a 2 minute, or less, stroll straight down Uluniu. The district's two enclosed lagoons, popular for their calm waters, are directly in front of you where the street meets the ocean, beckoning you to come in for a cool dip.

Another concern with Waikiki condos, even for vacationers, is the noise factor. Some   ....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.
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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
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