Hawaii Living

Pacific Monarch #2303 (Waikiki)

  • Sold 11/30/21 at $363,000
    (List Price: $370,000)
  • Beds: 1
  • Baths: 1
  • Living: 443 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/54
  • Lease Rent: $ 205 / month
  • Fee Purchase: $207,000
  • Balcony: 143 ft²
  • Built: 1980
  • Parking: 0
  • Maint. (HOA) Fees: $867 / month
  • Property Taxes: $678 / month ?
  • Est. Mortgage: $1,871 / mo - adjust loan
  • Time Listed for Sale: 39 days
  • Status: Sold
  • Buy without visiting ?
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2427 Kuhio Ave #2303, Honolulu

Email Info@HawaiiLiving.com or use below contact form.
Description
Most popular high "03" OCEAN VIEW 1BR 1BA CORNER unit. One of the only several LEGAL SHORT TERM VACATION RENTAL Condominium, so you can use it for vacations and earn income when you are not using it. Great vacation home and investment property, Prime location in the center of world-famous Waikiki to all. Waikiki Beach, International Market Place, casual and fine dinning, world class shopping and entertainment are just around the corner. The unit is leasehold, but the fee is available at $209,000 as of 7/28/2021. The view photos are from Roof Top.
Past Activity
  • Nov 30, 2021 Sold for $363,000
  • Sep 05, 2021 In Escrow
  • Aug 17, 2021 Price $370,000
  • Jul 28, 2021 Listed at $449,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.96
  • Price / ft²: $819
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone AE
  • View: City, Coastline, Ocean
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 2%
  • Management Company: Springboard Hospitality
  • Security Features: Card, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Pool on Property, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-141
  • Tax Assessed Land: $97,500
  • Tax Assessed Improvements: $470,300
  • Tax Assessed Total: $567,800
  • Courtesy: Real Select International LLC
  • MLS: 202119474
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 April 18, 2024. Information is deemed reliable but not guaranteed.
  • Sold 11/30/21 at $363,000
    (List Price: $370,000)
Description
Most popular high "03" OCEAN VIEW 1BR 1BA CORNER unit. One of the only several LEGAL SHORT TERM VACATION RENTAL Condominium, so you can use it for vacations and earn income when you are not using it. Great vacation home and investment property, Prime location in the center of world-famous Waikiki to all. Waikiki Beach, International Market Place, casual and fine dinning, world class shopping and entertainment are just around the corner. The unit is leasehold, but the fee is available at $209,000 as of 7/28/2021. The view photos are from Roof Top.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 18, 2024. Information is deemed reliable but not guaranteed.
    • Nov 30, 2021 Sold for $363,000
    • Sep 05, 2021 In Escrow
    • Aug 17, 2021 Price $370,000
    • Jul 28, 2021 Listed at $449,000
    • 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: 12/31/54
    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.