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Waikiki Banyan #1608 (Waikiki)

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201 Ohua Ave #1608, Honolulu

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Description
Located in the heart of Waikiki, this fantastic unit at the highly sought-after Waikiki Banyan offers an unbeatable chance to secure your place in one of Honolulu's most desirable buildings. This one-bedroom, one-bath condo comes with a dedicated parking stall, making it a rare find in this area. While the unit can use updating for optimal rentability, it presents the perfect opportunity to design and renovate to your own style and preferences. Whether you’re looking to create your dream vacation home, a full-time residence, or an income-producing property, this is an exceptional value for the price. Waikiki Banyan is a vacation rental favorite, known for its prime location just steps from Waikiki Beach, shopping, dining, and entertainment. The building is undergoing renovations of the amenity deck which will offer a brand new pool, hot tubs, BBQ area, tennis courts, and playground. Don't miss this chance to own a piece of Waikiki and transform it into your ideal space or next investment success. Currently managed by Aston Hotel but can be managed by various vacation managers in Hawaii or self-managed. The building has completed re-piping in 2021 for peace of mind for the future.
Recent Activity
  • Feb 25, 2025 Price $690,000
  • Dec 25, 2024 Listed at $730,000
Past Sales
(Waikiki Banyan)
  • #1505-I: 1 Bd | 1 Ba @ $650K (1/24/25)
  • #T1-1105: 1 Bd | 1 Ba @ $749K (1/17/25)
  • #1004: 1 Bd | 1 Ba @ $156K (1/15/25)
  • #1204: 1 Bd | 1 Ba @ $683K (1/10/25)
  • #Makai 3508: 1 Bd | 1 Ba @ $889K (1/2/25)
  • #Mauka 1510: 1 Bd | 1 Ba @ $735K (12/31/24)
  • #T2-709: 1 Bd | 1 Ba @ $610K (12/13/24)
  • #2713-I: 1 Bd | 1 Ba @ $835K (12/4/24)
  • #Makai 3707: 1 Bd | 1 Ba @ $900K (11/29/24)
  • #T1-2904: 1 Bd | 1 Ba @ $725K (11/6/24)
  • #2511: 1 Bd | 1 Ba @ $200K (10/31/24)
  • #3413: 1 Bd | 1 Ba @ $891K (10/25/24)
  • #T2-1011: 1 Bd | 1 Ba @ $688K (10/22/24)
  • #T2 #1814: 1 Bd | 1 Ba @ $750K (10/15/24)
  • #2-813: 1 Bd | 1 Ba @ $710K (10/10/24)
  • #3205-I(NUC): 1 Bd | 1 Ba @ $853K (9/30/24)
  • #2509: 1 Bd | 1 Ba @ $777K (9/27/24)
  • #607 T1: 1 Bd | 1 Ba @ $115K (9/27/24)
  • #3309: 1 Bd | 1 Ba @ $888K (9/23/24)
  • #1804: 1 Bd | 1 Ba @ $800K (9/9/24)
  • #1206-T1: 1 Bd | 1 Ba @ $758K (9/6/24)
  • #1612: 1 Bd | 1 Ba @ $850K (8/30/24)
  • #2303-T1: 1 Bd | 1 Ba @ $735K (8/28/24)
  • #3810 II: 1 Bd | 1 Ba @ $305K (8/21/24)
  • #1810-T2: 1 Bd | 1 Ba @ $780K (8/12/24)
  • #II-1014: 1 Bd | 1 Ba @ $772K (8/9/24)
  • #1012: 1 Bd | 1 Ba @ $693K (7/29/24)
  • #2907-T1: 1 Bd | 1 Ba @ $820K (7/29/24)
  • #T1-2807: 1 Bd | 1 Ba @ $787K (7/22/24)
  • #Mauka 3708: 1 Bd | 1 Ba @ $318K (7/17/24)
  • #T2-1903: 1 Bd | 1 Ba @ $715K (7/11/24)
  • #2107: 1 Bd | 1 Ba @ $760K (6/24/24)
  • #1709: 1 Bd | 1 Ba @ $738K (6/14/24)
  • #1809: 1 Bd | 1 Ba @ $745K (6/13/24)
  • ##MAKAI/3703: 1 Bd | 1 Ba @ $895K (6/10/24)
  • #T1-801: 1 Bd | 1 Ba @ $698K (5/31/24)
  • #2507 T#1: 1 Bd | 1 Ba @ $775K (5/30/24)
  • #3508-T2(NUC): 1 Bd | 1 Ba @ $850K (4/18/24)
  • #2609-T1 Makai: 1 Bd | 1 Ba @ $765K (4/9/24)
  • #3013: 1 Bd | 1 Ba @ $275K (4/4/24)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.69
  • Price / ft²: $1,295
  • 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
  • View: City, Other
  • Furnished: Full
  • Property Condition: Average
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Fire Sprinkler, Meeting Room, Patio/Deck, Playground, Pool on Property, Recreation Area, Recreation Room, Restaurant, Sauna, Security Guard, Storage, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-562
  • Tax Assessed Land: $106,600
  • Tax Assessed Improvements: $627,400
  • Tax Assessed Total: $734,000
  • Courtesy: Coldwell Banker Realty / (808) 596-0456
  • MLS: 202428739
Ask George a Question
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 April 26, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Banyan Listings
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$688,000
Waikiki Banyan #1108
1 Bd | 1 Ba
533 ft²
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$695,000
Waikiki Banyan #908 - 1
1 Bd | 1 Ba
533 ft²
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$698,000
Waikiki Banyan #1803
1 Bd | 1 Ba
533 ft²
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Featured
$699,000
Other Condotels
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$659,000
Waikiki Sunset #905
1 Bd | 1 Ba
546 ft²
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$650,000
Palms At Waikiki #205
1 Bd | 1 Ba
793 ft²
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$630,000
Hawaiian Monarch #2904
1 Bd | 2 Ba
476 ft²
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$595,000
Marine Surf Waikiki #403
Studio | 1 Ba
392 ft²
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$830,000
Luana Waikiki #1607
1 Bd | 1 Ba
588 ft²
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$545,000
Pacific Monarch #1504
Studio | 1 Ba
360 ft²
  • Asking Price: $690,000
Description
Located in the heart of Waikiki, this fantastic unit at the highly sought-after Waikiki Banyan offers an unbeatable chance to secure your place in one of Honolulu's most desirable buildings. This one-bedroom, one-bath condo comes with a dedicated parking stall, making it a rare find in this area. While the unit can use updating for optimal rentability, it presents the perfect opportunity to design and renovate to your own style and preferences. Whether you’re looking to create your dream vacation home, a full-time residence, or an income-producing property, this is an exceptional value for the price. Waikiki Banyan is a vacation rental favorite, known for its prime location just steps from Waikiki Beach, shopping, dining, and entertainment. The building is undergoing renovations of the amenity deck which will offer a brand new pool, hot tubs, BBQ area, tennis courts, and playground. Don't miss this chance to own a piece of Waikiki and transform it into your ideal space or next investment success. Currently managed by Aston Hotel but can be managed by various vacation managers in Hawaii or self-managed. The building has completed re-piping in 2021 for peace of mind for the future.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 26, 2025.Information is deemed reliable but not guaranteed.
    • Feb 25, 2025 Price $690,000
    • Dec 25, 2024 Listed at $730,000
    • 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
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    $688,000
    Waikiki Banyan #1108
    1 Bd | 1 Ba
    533 ft²
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    $695,000
    Waikiki Banyan #908 - 1
    1 Bd | 1 Ba
    533 ft²
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    $698,000
    Waikiki Banyan #1803
    1 Bd | 1 Ba
    533 ft²
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    Featured
    $699,000
    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.