Hawaii Living

Waikiki Banyan #1012 Tower-I (Waikiki)

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Photo 1 of 201 Ohua Ave #1012 Tower-I, Honolulu

201 Ohua Ave #1012 Tower-I, Honolulu

Selling or Buying in Waikiki Banyan?
Call/Text George (808) 554-1635 or send a message using the form below.
George Krischke

George Krischke

Principal Broker
Realtor, RB-18610

Mobile: (808) 554-1635

Email: George@HawaiiLiving.com

Description
Enjoy a beautiful ocean view from the well-sized open lanai, even from this mid-floor unit. Currently part of the Aston rental program, the unit is in good condition thanks to in-house maintenance and daily maid service, though it could benefit from some upgrades. A rare Non-Conforming Use Certificate (NUC) allows for legal short-term rentals, making this an ideal investment opportunity. The pool deck and other amenities are currently under renovation and scheduled to be gorgeously updated next year, adding future value. Elevator modernization is in progress and the building has already completed drainpipe replacement and features installed fire sprinklers for added peace of mind. Just a short walk to Waikiki Beach, Kapiolani Park, and the Honolulu Zoo, this is a prime location for both guests and owners alike. Whether you are looking for a solid investment or your own retreat, this is the perfect property.
Past Activity
  • Jul 01, 2025 Sold for $638,000
  • May 30, 2025 Under Contract
  • May 27, 2025 Listed at $638,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.76
  • Price / ft²: $1,197
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain, Ocean
  • Furnished: Full
  • Property Condition: Average
  • Owner Occupancy: 10%
  • Management Company: Hawaiiana Mgmt
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Patio/Deck, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-64
  • Tax Assessed Land: $106,600
  • Tax Assessed Improvements: $622,100
  • Tax Assessed Total: $728,700
  • Courtesy: Map Vision Inc. / (808) 971-0101
  • MLS: 202512719
About Waikiki Banyan
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
     
  • Built: 1977, 876 Units, 2 37 Floor Towers, 1BR, Pets: OK (verify).
     
  • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground.
     
  • Short-term Vacation Renting: Allowed.

Special Assessment: From January to December 2025, each unit incurs an additional $570.78/month for 12 months to fund a pool deck renovation (started March 2025, expected to last 10-12 months), insurance cost increases, and other capital improvements.

Waikiki Banyan, a two-tower condot  ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Banyan Listings
$658,000
Waikiki Banyan #T2-908
1 Bd | 1 Ba
533 ft²
$678,000
Waikiki Banyan #1506/Makai
1 Bd | 1 Ba
582 ft²
$695,000
Waikiki Banyan #1703-T2
1 Bd | 1 Ba
582 ft²
$698,888
Waikiki Banyan #3101 T2 (NUC)
1 Bd | 1 Ba
533 ft²
Other Condotels
$619,000
Island Colony #2620
1 Bd | 1 Ba
570 ft²
$659,000
Waikiki Sunset #905
1 Bd | 1 Ba
546 ft²
$599,000
Luana Waikiki #606
1 Bd | 1 Ba
676 ft²
$575,000
Ilikai Marina #1499
1 Bd | 1 Ba
742 ft²
$649,000
Tradewinds Plaza #703
Studio | 1 Ba
322 ft²
$500,000
Waikiki Grand Hotel #518
Studio | 1 Ba
363 ft²
  • Sold 7/1/25 at $638,000
    (List Price: $638,000)
Description
Enjoy a beautiful ocean view from the well-sized open lanai, even from this mid-floor unit. Currently part of the Aston rental program, the unit is in good condition thanks to in-house maintenance and daily maid service, though it could benefit from some upgrades. A rare Non-Conforming Use Certificate (NUC) allows for legal short-term rentals, making this an ideal investment opportunity. The pool deck and other amenities are currently under renovation and scheduled to be gorgeously updated next year, adding future value. Elevator modernization is in progress and the building has already completed drainpipe replacement and features installed fire sprinklers for added peace of mind. Just a short walk to Waikiki Beach, Kapiolani Park, and the Honolulu Zoo, this is a prime location for both guests and owners alike. Whether you are looking for a solid investment or your own retreat, this is the perfect property.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
    • Jul 01, 2025 Sold for $638,000
    • May 30, 2025 Under Contract
    • May 27, 2025 Listed at $638,000
    • Address: 201 Ohua Ave, Honolulu, HI 96815.
       
    • Built: 1977, 876 Units, 2 37 Floor Towers, 1BR, Pets: OK (verify).
       
    • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground.
       
    • Short-term Vacation Renting: Allowed.

    Special Assessment: From January to December 2025, each unit incurs an additional $570.78/month for 12 months to fund a pool deck renovation (started March 2025, expected to last 10-12 months), insurance cost increases, and other capital improvements.

    Waikiki Banyan, a two-tower condot  ..... Read more.

    Other Waikiki Banyan Listings
    $658,000
    Waikiki Banyan #T2-908
    1 Bd | 1 Ba
    533 ft²
    $678,000
    Waikiki Banyan #1506/Makai
    1 Bd | 1 Ba
    582 ft²
    $695,000
    Waikiki Banyan #1703-T2
    1 Bd | 1 Ba
    582 ft²
    $698,888
    Waikiki Banyan #3101 T2 (NUC)
    1 Bd | 1 Ba
    533 ft²
     
    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. The sale may be 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.