Hawaii Living

Pacific Monarch #1607 (Waikiki)

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2427 Kuhio Ave #1607, Honolulu

Inquire / Showing / Video Tour
Call agent (808) 343-5000 or use contact form.
Waikiki has unique short-term rental rules. We are local real estate agents who know the local market and its regulations very well. Contact us when you are considering purchasing to get the best advice possible.
Description
One of the few legal AirBnB allowed in Waikiki because short term vacation rentals only allowed in condo hotels or condos with exemptions. This unit offers a full kitchen and large patio with city, diamond head, and slight ocean view. This unit can accommodate up to 4 guests to maximize rental income. Building has 24 hour security, paid parking, community laundry area, pool, sauna, and large recreation room. Just a few blocks away from the beach make this a desirable accommodation for tourists and directly on the bus and trolley lines. This is one of the best locations in Waikiki because walking distance to all of the night life on Lewers and many eateries close by. The musubi cafe downstairs is a must to buy lunch before going to the beach or tour excursions. If you are a snowbird and want to stay for months at a time there is affordable monthly parking close by at the rate of $220/month which is cheaper than paying $30/day. If you are interested in the cash flow please contact us and we can go over the financials pre-Covid as well as during Covid. It is inevitable that the tourists will come back to Hawaii as a vacation destination!
Recent Activity
  • Oct 21, 2021 Listed at $495,000
  • Mar 14, 2018 Sold for $450,000
  • Feb 19, 2018 In Escrow
  • Jan 29, 2018 Price $458,000
  • Dec 27, 2017 Listed at $465,000
Sold
  • #1901: Studio | 1 Bath @ $400K (1/20/22)
  • #1306: 1 Beds | 1 Bath @ $430K (12/30/21)
  • #hidden: 1 Beds | 1 Bath @ $420K (12/10/21)
  • #2303: 1 Beds | 1 Bath @ $363K (11/30/21)
  • #701: Studio | 1 Bath @ $310K (10/8/21)
  • #705: Studio | 1 Bath @ $310K (10/8/21)
  • #1802: 1 Beds | 1 Bath @ $567K (9/27/21)
  • #1501: Studio | 1 Bath @ $385K (9/24/21)
  • #706: 1 Beds | 1 Bath @ $403K (9/9/21)
  • #3202: 2 Beds | 1 Bath @ $745K (8/3/21)
  • #2805: Studio | 1 Bath @ $450K (7/20/21)
  • #3203: Studio | 1 Bath @ $545K (7/16/21)
  • #1302: 1 Beds | 1 Bath @ $522K (7/13/21)
  • #2204: Studio | 1 Bath @ $408K (6/28/21)
  • #1608: Studio | 1 Bath @ $397K (6/9/21)
  • #1103: 1 Beds | 1 Bath @ $480K (6/8/21)
  • #2702/03: 2 Beds | 2 Baths @ $1.16M (5/28/21)
  • #2905: Studio | 1 Bath @ $450K (5/21/21)
  • #2708: Studio | 1 Bath @ $430K (4/7/21)
  • #1503: 1 Beds | 1 Bath @ $500K (3/12/21)
  • #2208: Studio | 1 Bath @ $395K (3/2/21)
  • #2907: 1 Beds | 1 Bath @ $615K (2/1/21)
  • #1708: Studio | 1 Bath @ $380K (8/31/20)
  • #807: 1 Beds | 1 Bath @ $390K (7/14/20)
  • #902: 1 Beds | 1 Bath @ $495K (7/9/20)
  • #2804: Studio | 1 Bath @ $410K (6/30/20)
  • #3104: Studio | 1 Bath @ $430K (1/31/20)
  • #1403: 1 Beds | 1 Bath @ $520K (11/29/19)
  • #2505: Studio | 1 Bath @ $430K (11/8/19)
  • #2901: Studio | 1 Bath @ $461K (9/25/19)
  • #2904: Studio | 1 Bath @ $450K (9/19/19)
  • #1805: Studio | 1 Bath @ $370K (9/9/19)
  • #901: Studio | 1 Bath @ $302K (8/15/19)
  • #2307: 1 Beds | 1 Bath @ $510K (7/1/19)
  • #3103: 1 Beds | 1 Bath @ $640K (6/28/19)
  • #2301: Studio | 1 Bath @ $450K (6/20/19)
  • #802: 1 Beds | 1 Bath @ $475K (6/7/19)
  • #805: Studio | 1 Bath @ $290K (5/31/19)
  • #1004: Studio | 1 Bath @ $295K (4/17/19)
  • #1307: 1 Beds | 1 Bath @ $480K (3/6/19)
  • #2203: 1 Beds | 1 Bath @ $618K (12/10/18)
  • #605: Studio | 1 Bath @ $309K (11/13/18)
  • #702: 1 Beds | 1 Bath @ $561K (8/10/18)
  • #3108: Studio | 1 Bath @ $399K (8/10/18)
  • #1806: 1 Beds | 1 Bath @ $480K (7/6/18)
  • #3005: Studio | 1 Bath @ $405K (6/29/18)
  • #607: 1 Beds | 1 Bath @ $435K (5/15/18)
  • #1702: 1 Beds | 1 Bath @ $561K (5/1/18)
  • #2408: Studio | 1 Bath @ $295K (3/19/18)
  • #1607: 1 Beds | 1 Bath @ $450K (3/13/18)
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.96
  • Price / Interior Sf: $1,117
  • 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, Mountain, Ocean, Sunrise
  • Owner Occupancy: 5%
  • Management Company: Springboard Hospitality
  • Security Features: Card, Gated Community, Security Patrol, Video
  • Amenities: Meeting Room, Patio/Deck, Pool on Property, Recreation Room, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-89
  • Tax Assessed Land: $114,000
  • Tax Assessed Improvements: $321,700
  • Tax Assessed Total: $435,700
  • Courtesy: Ivy K Realty, LLC
  • MLS: 202126461
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 29, 2022. Information is deemed reliable but not guaranteed.
Other Pacific Monarch Listings
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Pacific Monarch #3104
Studio | 1 BaBa
352 sqft
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Pacific Monarch #2904
Studio | 1 BaBa
352 sqft
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Pacific Monarch #1307
1 BdBd | 1 BaBa
443 sqft
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Pacific Monarch #802
1 BdBd | 1 BaBa
443 sqft
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
Other Condotels
Palms At Waikiki #1209
1 Beds | 1 Baths
527 sqft
Waikiki Sunset #1103
1 Beds | 1 Baths
546 sqft
Island Colony #3802
1 Beds | 1 Baths
563 sqft
Waikiki Banyan #708
1 Beds | 1 Baths
533 sqft
Royal Kuhio #3601
2 Beds | 2 Baths
1,060 sqft
Marine Surf Waikiki #709
0 Beds | 1.5 Baths
392 sqft
  • Asking Price: $495,000
Description
One of the few legal AirBnB allowed in Waikiki because short term vacation rentals only allowed in condo hotels or condos with exemptions. This unit offers a full kitchen and large patio with city, diamond head, and slight ocean view. This unit can accommodate up to 4 guests to maximize rental income. Building has 24 hour security, paid parking, community laundry area, pool, sauna, and large recreation room. Just a few blocks away from the beach make this a desirable accommodation for tourists and directly on the bus and trolley lines. This is one of the best locations in Waikiki because walking distance to all of the night life on Lewers and many eateries close by. The musubi cafe downstairs is a must to buy lunch before going to the beach or tour excursions. If you are a snowbird and want to stay for months at a time there is affordable monthly parking close by at the rate of $220/month which is cheaper than paying $30/day. If you are interested in the cash flow please contact us and we can go over the financials pre-Covid as well as during Covid. It is inevitable that the tourists will come back to Hawaii as a vacation destination!
Inquire / Showing / Video Tour
Call agent (808) 343-5000 or use contact form.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 29, 2022. Information is deemed reliable but not guaranteed.
    • Oct 21, 2021 Listed at $495,000
    • Mar 14, 2018 Sold for $450,000
    • Feb 19, 2018 In Escrow
    • Jan 29, 2018 Price $458,000
    • Dec 27, 2017 Listed at $465,000
    • 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 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
    Other Pacific Monarch Listings
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    Pacific Monarch #3104
    Studio | 1 BaBa
    352 sqft
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    Pacific Monarch #2904
    Studio | 1 BaBa
    352 sqft
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    Pacific Monarch #1307
    1 BdBd | 1 BaBa
    443 sqft
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    Pacific Monarch #802
    1 BdBd | 1 BaBa
    443 sqft
    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.