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Pacific Monarch #2305 (Waikiki)

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Pacific Monarch #2305 (Waikiki)

  • Sold 8/31/17 at $250,000
    (List Price: $250,000)
  • Living: 356 sqft
  • Beds: 0
  • Baths: 1
  • Tenure:Leasehold ?
  • Leasehold Expiry: 04/27/54
  • Lease Rent: $ 156 / month
  • Fee Purchase: $112,161
  • Balcony: 58 sqft
  • Built: 1980
  • Parking: 0
  • Maint. (HOA) Fees: $ 558 / month
  • Property Taxes: $ 281 / month ?
  • Est. Mortgage: $843 /mo - adjust loan
  • Days on Market: 8 days
  • Status: Sold
  • Buy without visiting ?
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2427 Kuhio Ave #2305, Honolulu
This property was sold August 31, 2017 for $250,000
Description
Rarely available - unit of #05 with awesome city, mountain, and ocean views on the 23rd floor. This unit is fully furnished and maintained under Aqua Hotels & Resorts Rental Program (hotel pool) with steady high monthly income. It's centrally located in the heart of Waikiki where it's literally steps away from the famous Waikiki Beach, Honolulu Zoo, Kapiolani Park, shops, restaurants, and bus lines.
Past Activity
  • Jun 05, 2020 Expired
  • Mar 05, 2020 Listed @ $360K
  • Mar 03, 2020 Expired
  • Dec 02, 2019 Listed @ $360K
  • Aug 31, 2017 Sold @ $250K
  • Jul 28, 2017 In Escrow
  • Jul 21, 2017 Listed @ $250K
More Details
  • HOA Fees / Interior Sf: $1.57
  • Price / Interior Sf: $702
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Owner, Tax & Resale History: Click here
  • Zoning: X6 - Resort Hotel Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Ocean, Sunset
  • Owner Occupancy: 10%
  • Management Company: Aqua Hotels & Resorts
  • Security Features: Card, Security Patrol, Video
  • Amenities: Community Laundry, Heated Pool, Meeting Room, Patio/Deck, Pool, Resident Manager, Sauna, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-143
  • Tax Assessed Land: $41,600
  • Tax Assessed Improvements: $249,500
  • Tax Assessed Total: $291,100
  • Courtesy: Hawaiian Resort Corp.(Hon)
  • MLS: 201715863
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 20, 2020. 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

Sold 8/31/17 at

$250,000

(List Price: $250,000)

Living

356 sqft

Baths

1

Beds

0

 
 
    Description
    Rarely available - unit of #05 with awesome city, mountain, and ocean views on the 23rd floor. This unit is fully furnished and maintained under Aqua Hotels & Resorts Rental Program (hotel pool) with steady high monthly income. It's centrally located in the heart of Waikiki where it's literally steps away from the famous Waikiki Beach, Honolulu Zoo, Kapiolani Park, shops, restaurants, and bus lines.
      The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 20, 2020. Information is deemed reliable but not guaranteed.
      • Jun 05, 2020 Expired
      • Mar 05, 2020 Listed @ $360K
      • Mar 03, 2020 Expired
      • Dec 02, 2019 Listed @ $360K
      • Aug 31, 2017 Sold @ $250K
      • Jul 28, 2017 In Escrow
      • Jul 21, 2017 Listed @ $250K
      • 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.
      Leasehold Expiry: 04/27/54
      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 more about Oahu property taxes here.