Hawaii Living

Pacific Monarch #705 (Waikiki)

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2427 Kuhio Ave #705, Honolulu

This property was sold October 08, 2021 for $310,000
Description
Legal hotel/resort zoned vacation rental in the heart of Waikiki! Great for daily short term investment, long term rental, second home, or owner occupant use. This fully furnished studio in Pacific Monarch is offered turnkey and all utilities are included in the maintenance fee. Well managed building with restaurants downstairs and a rooftop pool, jacuzzi, and sauna with beautiful ocean fews. Located just 2 short blocks from the world famous Waikiki beach and all of the shopping and dining options within walking distance. Parking available by nightly or monthly rental. Come take a look before it’s too late!
Past Activity
  • Oct 08, 2021 Sold for $310,000
  • Sep 09, 2021 In Escrow
  • May 26, 2021 Listed at $375,000
  • Sep 10, 2019 Sold for $320,000
  • Aug 28, 2019 In Escrow
  • Aug 23, 2019 Listed at $300,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.87
  • Price / Interior Sf: $1,053
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • View: City
  • Owner Occupancy: 8%
  • Management Company: OLS Hotels
  • Security Features: Card, Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Heated Pool, Meeting Room, Pool on Property, Recreation Area, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-15
  • Tax Assessed Land: $87,500
  • Tax Assessed Improvements: $194,200
  • Tax Assessed Total: $281,700
  • Courtesy: Compass
  • MLS: 202113142
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 23, 2021. 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
Legal hotel/resort zoned vacation rental in the heart of Waikiki! Great for daily short term investment, long term rental, second home, or owner occupant use. This fully furnished studio in Pacific Monarch is offered turnkey and all utilities are included in the maintenance fee. Well managed building with restaurants downstairs and a rooftop pool, jacuzzi, and sauna with beautiful ocean fews. Located just 2 short blocks from the world famous Waikiki beach and all of the shopping and dining options within walking distance. Parking available by nightly or monthly rental. Come take a look before it’s too late!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 23, 2021. 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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