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Tradewinds Plaza #406 (Waikiki)

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Tradewinds Plaza #406 (Waikiki)

2572 Lemon Road #406, Honolulu
This property was sold September 16, 2020 for $380,000
Description
Huge Price Drop!!! Compare to any 1 bedroom Legal Vacation Rental in Waikiki. This secure building with community laundry and plenty of parking specifically allows SHORT TERM RENTALS and is located in the HOTEL and RESORT zone (X6) makai of Kuhio Ave. This large one bedroom unit with large lanai (515 interior sq ft. plus 148 sq ft. open lanai) was completely renovated in 2016.
Past Activity
  • Sep 16, 2020 Sold @ $380K
  • Aug 20, 2020 In Escrow
  • Jun 24, 2020 Price ↓ $399K
  • Jun 02, 2020 Price ↓ $419K
  • May 26, 2020 Price ↓ $424K
  • Apr 29, 2020 Listed @ $449K
  • Apr 01, 2020 Withdrawn
  • Mar 18, 2020 Price ↑ $549K
  • Mar 18, 2020 Price ↓ $524K
  • Jan 03, 2020 Price ↓ $599K
  • Nov 22, 2019 Listed @ $618K
  • Dec 30, 2015 Sold @ $311K
  • Dec 21, 2015 In Escrow
  • Dec 02, 2015 Listed @ $295K
More Details
  • HOA Fees / Interior Sf: $1.14
  • Price / Interior Sf: $769
  • HOA Fees Include: Hot Water, Sewer, Water
  • Year Remodeled: 2016
  • Owner, Tax & Resale History: Click here
  • Zoning: X6 - Resort Mixed Use Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • Owner Occupancy: 11%
  • Management Company: Touchstone
  • Security Features: Keyed Elevator, Video
  • Amenities: Resident Manager
  • TMK: 1-2-6-27-20-26
  • Tax Assessed Land: $60,000
  • Tax Assessed Improvements: $281,300
  • Tax Assessed Total: $341,300
  • Courtesy: Coldwell Banker Realty
  • MLS: 202008891
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 26, 2020. Information is deemed reliable but not guaranteed.
About Tradewinds Plaza
Address: 2572 Lemon Rd, Honolulu, HI 96815.

About Tradewinds Place in Waikiki
Ask someone in Waikiki, even a lifetime local, where Lemon Street is and you'll get a blank look. It's actually a short, block-long side street off of Kapahulu Avenue. More importantly, it's about ½ block up from Kalakaua Avenue, where it runs right against Waikiki beach.

This is why the Tradewinds Plaza has been successfully running as a condotel for some time, giving visitors one of the top factors they seek on a Waikiki vacation – fast access to the ocean.

Keep in mind that, though it has the condotel zoning, it does not have hotel operations or services. You get the benefits of serving the short stay market, but you run it more as a vacation condo, handling certain things that a front desk normally would.

The building itself went up in 1979 with 80 units in it. 70 of those are Studio/1BA with various floor plans of 266 to 481 sq ft. The other 10 are 1BR/1BA condos tha  ....click here to read more

Sold 9/16/20 at

$380,000

(List Price: $399,000)

Living

519 sqft

Baths

1

Beds

1

 
 
    Description
    Huge Price Drop!!! Compare to any 1 bedroom Legal Vacation Rental in Waikiki. This secure building with community laundry and plenty of parking specifically allows SHORT TERM RENTALS and is located in the HOTEL and RESORT zone (X6) makai of Kuhio Ave. This large one bedroom unit with large lanai (515 interior sq ft. plus 148 sq ft. open lanai) was completely renovated in 2016.
      The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 26, 2020. Information is deemed reliable but not guaranteed.
      • Sep 16, 2020 Sold @ $380K
      • Aug 20, 2020 In Escrow
      • Jun 24, 2020 Price ↓ $399K
      • Jun 02, 2020 Price ↓ $419K
      • May 26, 2020 Price ↓ $424K
      • Apr 29, 2020 Listed @ $449K
      • Apr 01, 2020 Withdrawn
      • Mar 18, 2020 Price ↑ $549K
      • Mar 18, 2020 Price ↓ $524K
      • Jan 03, 2020 Price ↓ $599K
      • Nov 22, 2019 Listed @ $618K
      • Dec 30, 2015 Sold @ $311K
      • Dec 21, 2015 In Escrow
      • Dec 02, 2015 Listed @ $295K
      Address: 2572 Lemon Rd, Honolulu, HI 96815.

      About Tradewinds Place in Waikiki
      Ask someone in Waikiki, even a lifetime local, where Lemon Street is and you'll get a blank look. It's actually a short, block-long side street off of Kapahulu Avenue. More importantly, it's about ½ block up from Kalakaua Avenue, where it runs right against Waikiki beach.

      This is why the Tradewinds Plaza has been successfully running as a condotel for some time, giving visitors one of the top factors they seek on a Waikiki vacation – fast access to the ocean.

      Keep in mind that, though it has the condotel zoning, it does not have hotel operations or services. You get the benefits of serving the short stay market, but you run it more as a vacation condo, handling certain things that a front desk normally would.

      The building itself went up in 1979 with 80 units in it. 70 of those are Studio/1BA with various floor plans of 266 to 481 sq ft. The other 10 are 1BR/1BA condos tha  ....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.
      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.