Hawaii Living

Palms At Waikiki #718 (Waikiki)

1850 Ala Moana Blvd #718, Honolulu

Description
REDUCED price. OK for owner occupied, rent out yourself or in hotel pool. Just RENOVATED! High demand unit. Building is approved for accelerated depreciation per the Japanese Tax Law. Rarely available Fee Simple Waikiki view unit complete with a private balcony. Zoned for mixed use so you can live in 1 and rent out the other 2, or go with the hotel pool by Aston. Sold individually or as a package with two other units (#502 at $288,000 and #306 at $318,000). Unit #306 comes with 1 assigned parking stall in the building's gated garage. Family trust owned for all three. Super close to the Ala Moana Shopping Mall and the Hawai'i Convention Center. Delicious dining right downstairs at the IHOP restaurant in the lobby. Luckily for the Buyer, the owner has already paid their share of renovation.
Past Activity
  • Apr 22, 2021 Sold for $250,000
  • Mar 27, 2021 In Escrow
  • Sep 23, 2020 Price $288,000
  • Apr 24, 2020 Listed at $298,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.01
  • Price / ft²: $801
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Sewer, Water
  • Year Remodeled: 2020
  • Zoning: 18 - AMX-3 High Density Apt Mix
  • Flood Zone: Zone AE
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • View: City
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 10%
  • Management Company: AquaAston/Marriot
  • Amenities: Condo Association Pool, Exercise Room, Patio/Deck, Restaurant, Trash Chute
  • TMK: 1-2-6-12-3-146
  • Tax Assessed Land: $65,000
  • Tax Assessed Improvements: $182,500
  • Tax Assessed Total: $247,600
  • Courtesy: Hawaii Golden Realty
  • MLS: 202008291
Good to Know
  • Address: 1850 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1970, 12 Floors with 269 Units, Studio – 1 BR Floor plans, Pets: No.
  • Amenities include: Pool, Sun Deck, Exercise Room, Restaurant, Community Laundry, Concierge.
  • This condotel managed by Aqua Hotels has great amenities and a high occupancy rate, making a purchase here a worry-free investment or a perfect weekend/vacation getaway.

About Palms at Waikiki
This is a popular boutique condotel on the Ala Moana end of Waikiki. An extensive remodel in 2005 completely modernized the units and gave the Palms a  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 19, 2024. Information is deemed reliable but not guaranteed.
  • Sold 4/21/21 at $250,000
    (List Price: $288,000)
Description
REDUCED price. OK for owner occupied, rent out yourself or in hotel pool. Just RENOVATED! High demand unit. Building is approved for accelerated depreciation per the Japanese Tax Law. Rarely available Fee Simple Waikiki view unit complete with a private balcony. Zoned for mixed use so you can live in 1 and rent out the other 2, or go with the hotel pool by Aston. Sold individually or as a package with two other units (#502 at $288,000 and #306 at $318,000). Unit #306 comes with 1 assigned parking stall in the building's gated garage. Family trust owned for all three. Super close to the Ala Moana Shopping Mall and the Hawai'i Convention Center. Delicious dining right downstairs at the IHOP restaurant in the lobby. Luckily for the Buyer, the owner has already paid their share of renovation.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 19, 2024. Information is deemed reliable but not guaranteed.
    • Apr 22, 2021 Sold for $250,000
    • Mar 27, 2021 In Escrow
    • Sep 23, 2020 Price $288,000
    • Apr 24, 2020 Listed at $298,000
    • Address: 1850 Ala Moana Blvd, Honolulu, HI 96815.
    • Built in 1970, 12 Floors with 269 Units, Studio – 1 BR Floor plans, Pets: No.
    • Amenities include: Pool, Sun Deck, Exercise Room, Restaurant, Community Laundry, Concierge.
    • This condotel managed by Aqua Hotels has great amenities and a high occupancy rate, making a purchase here a worry-free investment or a perfect weekend/vacation getaway.

    About Palms at Waikiki
    This is a popular boutique condotel on the Ala Moana end of Waikiki. An extensive remodel in 2005 completely modernized the units and gave the Palms a  .....
    Read more.


    Other Palms At Waikiki 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.