Hawaii Living

Pacific Monarch #701 (Waikiki)

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2427 Kuhio Ave #701, Honolulu

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Guide To Condotels.
Description
Are you looking for a LEGAL short-term vacation rental opportunity? This tastefully furnished studio is located in Waikiki's hotel resort zone and currently rented long term for your immediate assured income. All utilities plus tv cable and wi-fi are included in the monthly maintenance fee. Pacific Monarch is a well managed, secure, quality condo-hotel with a rooftop pool, hot tub, sauna and only 2 short blocks to the beach.
Past Activity
  • Oct 08, 2021 Sold for $310,000
  • Sep 09, 2021 In Escrow
  • May 26, 2021 Listed at $375,000
  • Feb 10, 2020 Sold for $302,750
  • Jan 13, 2020 In Escrow
  • Jan 06, 2020 Listed at $328,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.64
  • Price / ft²: $841
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X6 - Resort Hotel Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Ocean
  • Furnished: Full
  • Property Condition: Average
  • Owner Occupancy: 10%
  • Management Company: OLS Hotel Mgmt
  • Security Features: Card, Security Patrol
  • Amenities: Community Laundry
  • TMK: 1-2-6-23-56-11
  • Tax Assessed Land: $75,700
  • Tax Assessed Improvements: $234,000
  • Tax Assessed Total: $309,700
  • Courtesy: CENTURY 21 Homefinders of HI
  • MLS: 202000265
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 March 28, 2024. Information is deemed reliable but not guaranteed.
  • Sold 2/10/20 at $302,750
    (List Price: $328,000)
Description
Are you looking for a LEGAL short-term vacation rental opportunity? This tastefully furnished studio is located in Waikiki's hotel resort zone and currently rented long term for your immediate assured income. All utilities plus tv cable and wi-fi are included in the monthly maintenance fee. Pacific Monarch is a well managed, secure, quality condo-hotel with a rooftop pool, hot tub, sauna and only 2 short blocks to the beach.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
    • Oct 08, 2021 Sold for $310,000
    • Sep 09, 2021 In Escrow
    • May 26, 2021 Listed at $375,000
    • Feb 10, 2020 Sold for $302,750
    • Jan 13, 2020 In Escrow
    • Jan 06, 2020 Listed at $328,000
    • 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.
    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.