Hawaii Living

Pacific Monarch #1502 (Waikiki)

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2427 Kuhio Ave #1502, Honolulu

This property was sold April 12, 2022 for $615,000
Description
Rarely available preferable 02 unit. Corner unit. Ocean view. Unit is in the hotel rental program. Zoned Resort and vacation/daily rental is legally allowed. MF includes water, hot water, electricity, basic cable TV and internet. Property tax is based on 2021 value. Assessment value is for 2022. Pool, Whirl pool, BBQ, Sauna, Meeting room. Non resident owner.
Past Activity
  • Mar 09, 2022 In Escrow
  • Jan 28, 2022 Listed at $615,000
  • Jan 27, 2022 Sold for $615,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.96
  • Price / Interior Sf: $1,388
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Ocean
  • Owner Occupancy: 5%
  • Management Company: Springboard Hospitality
  • Security Features: Key
  • Amenities: BBQ, Community Laundry, Meeting Room, Patio/Deck, Pool on Property, Sauna, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-76
  • Tax Assessed Land: $114,000
  • Tax Assessed Improvements: $434,800
  • Tax Assessed Total: $548,800
  • Courtesy: Map Vision Inc.
  • MLS: 202201733
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
Rarely available preferable 02 unit. Corner unit. Ocean view. Unit is in the hotel rental program. Zoned Resort and vacation/daily rental is legally allowed. MF includes water, hot water, electricity, basic cable TV and internet. Property tax is based on 2021 value. Assessment value is for 2022. Pool, Whirl pool, BBQ, Sauna, Meeting room. Non resident owner.
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.
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.