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Waikiki Banyan #1609-1 (Waikiki)

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  • Sold 11/30/17 at $549,000
    (List Price: $558,000)
  • Beds: 1
  • Baths: 1
  • Living: 533 sqft
  • Leasehold Expiry: 01/01/35
  • Lease Rent: $ 22 / month
  • Balcony: 67 sqft
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $ 460 / month
  • Other Monthly Fee: $ 22 / month ?
  • Property Taxes: $ 132 / month ?
  • Est. Mortgage: $1,882 /mo - adjust loan
  • Days on Market: 41 days
  • Status: Sold
  • Tenure: Fee Simple
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201 Ohua Ave #1609-1, Honolulu

This property was sold November 30, 2017 for $549,000
Description
Rarely available renovated tower 1 vacation rental unit facing Diamond Head with some ocean views. Including fully furnished and rental ready today! This unit is in the Koko Resorts Vacation rental system and is easy to show with an appointment. Very low monthly fees and lots of amenities with utilities included! Great restaurants and shopping down the street. Famous Waikiki Beach just one block away. No history of pets in unit. Pet friendly building. Vacation rental income statements available. Sandwich Lease rent of $21.92 a month until 2035.
Past Activity
  • Nov 30, 2017 Sold @ $549K
  • Nov 12, 2017 In Escrow
  • Oct 22, 2017 Price ↓ $558K
  • Sep 21, 2017 Listed @ $568K
More Details
  • HOA Fees / Interior Sf: $0.90
  • Price / Interior Sf: $1,047
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2014
  • Owner, Tax & Resale History: Click here
  • Zoning: X2 - Apartment Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Diamond Head, Ocean, Sunrise
  • Owner Occupancy: 22%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Concierge, Meeting Room, Pool, Recreation Area, Restaurant, Sauna, Security Guard, Storage, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-131
  • Tax Assessed Land: $54,700
  • Tax Assessed Improvements: $414,700
  • Tax Assessed Total: $469,400
  • Courtesy: Equity Hawaii Real Estate, LLC
  • MLS: 201720187
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 10, 2021. Information is deemed reliable but not guaranteed.
About Waikiki Banyan
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans,, Pets: OK (verify).
  • Amenities include: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and 24-Hour Security Guard.
  • Many units in this popular condo hotel can be rented out daily and the rental program here makes it easy for owners to take advantage of this opportunity.

About Waikiki Banyan
The Waikiki Banyan condo is a large, two tower condotel, located at the Diamond Head end of Waikiki off of Kuhio Avenue. There are four rental agencies with an office in the building: Aston Hotels, Koko Resorts, Map Vision and CIMY Hawaii Resorts at The Waikiki Banyan.

Several of these 1 Bedroom / 1 Bath units can be rented on a daily basis, making Waikiki Banyan a great investment opportunity. For resident and renter convenience, front desk staff and a security guard are on duty at all  ....click here to read more
Description
Rarely available renovated tower 1 vacation rental unit facing Diamond Head with some ocean views. Including fully furnished and rental ready today! This unit is in the Koko Resorts Vacation rental system and is easy to show with an appointment. Very low monthly fees and lots of amenities with utilities included! Great restaurants and shopping down the street. Famous Waikiki Beach just one block away. No history of pets in unit. Pet friendly building. Vacation rental income statements available. Sandwich Lease rent of $21.92 a month until 2035.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 10, 2021. Information is deemed reliable but not guaranteed.
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans,, Pets: OK (verify).
  • Amenities include: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and 24-Hour Security Guard.
  • Many units in this popular condo hotel can be rented out daily and the rental program here makes it easy for owners to take advantage of this opportunity.

About Waikiki Banyan
The Waikiki Banyan condo is a large, two tower condotel, located at the Diamond Head end of Waikiki off of Kuhio Avenue. There are four rental agencies with an office in the building: Aston Hotels, Koko Resorts, Map Vision and CIMY Hawaii Resorts at The Waikiki Banyan.

Several of these 1 Bedroom / 1 Bath units can be rented on a daily basis, making Waikiki Banyan a great investment opportunity. For resident and renter convenience, front desk staff and a security guard are on duty at all  ....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.
Leasehold Expiry: 01/01/35
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.