Hawaii Living

Pacific Monarch #1608 (Waikiki)

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2427 Kuhio Ave #1608, Honolulu

This property was sold June 09, 2021 for $397,000
Description
Two blocks from world-famous Waikiki Beach, opportunity calls for full-time residents or vacationers alike at the popular Pacific Monarch Hotel. This fully furnished studio offers ocean, mountain and city views, kitchenette with 2 burner stove and mini fridge. PM boasts amenities that include sauna, rooftop pool/BBQ area, the perfect spot to soak in world-class sunsets. 24 hr security, front desk services, welcoming lobby and meeting room with high speed WIFI round out the functional elements of the property. Parking is available for a monthly fee. Unique to even Waikiki itself, this opportunity allows for maximum flexibility of ownership through the hotel pool (legal nightly rental) or self-management. Stop by to see this treasure!
Past Activity
  • Jun 09, 2021 Sold for $397,000
  • May 06, 2021 In Escrow
  • Apr 29, 2021 Listed at $397,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.87
  • Price / Interior Sf: $1,103
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Sewer, Water
  • Year Remodeled: 2010
  • Zoning: X6 - Resort Mixed Use Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Diamond Head, Mountain, Ocean
  • Owner Occupancy: 5%
  • Management Company: Springboard
  • Security Features: Card
  • Amenities: BBQ, Community Laundry, Meeting Room, Patio/Deck, Pool on Property, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-90
  • Tax Assessed Land: $88,500
  • Tax Assessed Improvements: $303,400
  • Tax Assessed Total: $391,900
  • Courtesy: Coldwell Banker Realty
  • MLS: 202109860
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
Two blocks from world-famous Waikiki Beach, opportunity calls for full-time residents or vacationers alike at the popular Pacific Monarch Hotel. This fully furnished studio offers ocean, mountain and city views, kitchenette with 2 burner stove and mini fridge. PM boasts amenities that include sauna, rooftop pool/BBQ area, the perfect spot to soak in world-class sunsets. 24 hr security, front desk services, welcoming lobby and meeting room with high speed WIFI round out the functional elements of the property. Parking is available for a monthly fee. Unique to even Waikiki itself, this opportunity allows for maximum flexibility of ownership through the hotel pool (legal nightly rental) or self-management. Stop by to see this treasure!
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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