Hawaii Living

Waikiki Banyan #3304-II (Waikiki)

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201 Ohua Ave #3304-II, Honolulu

This property was sold May 14, 2021 for $590,000
Description
This unit comes with a valid NUC (Non-conforming Use Certificate), currently managed by Aqua-Aston. Legal short-term rental, or use as your vacation getaway close to the beach. Stunning oceanviews, resort amenities with heated pool, two whirlpools, sauna, tennis/basketball court, children's play area and BBQ's. Low MF $575/mo includes water, hot water, electricity, basic cable TV & internet. Other fee ($705) currently includes $683/mo until 12/31/21 for spalling repair, re-piping and recreation deck repair (see supplement), plus $21.92/mo for a remaining Becker Sandwich Lease which runs until 2035. Unit comes with one unassigned covered parking stall. The building is pet friendly.
Past Activity
  • May 14, 2021 Sold for $590,000
  • Apr 09, 2021 In Escrow
  • Mar 23, 2021 Listed at $595,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $2.40
  • Price / Interior Sf: $1,116
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • View: Coastline, Diamond Head, Ocean, Sunset
  • Owner Occupancy: 10%
  • Management Company: Hawaiiana Mgmt
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Heated Pool, Patio/Deck, Sauna, Tennis Court, Whirlpool
  • TMK: 1-2-6-25-5-796
  • Tax Assessed Land: $98,400
  • Tax Assessed Improvements: $514,600
  • Tax Assessed Total: $613,000
  • Courtesy: Hawaii Living LLC
  • MLS: 202106909
Blog
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    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 23, 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.

    News
    Waikiki Banyan is attempting to get re-zoned in an effort to allow all owners to run a short-term rental business.


    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  ....click here to read more
    Description
    This unit comes with a valid NUC (Non-conforming Use Certificate), currently managed by Aqua-Aston. Legal short-term rental, or use as your vacation getaway close to the beach. Stunning oceanviews, resort amenities with heated pool, two whirlpools, sauna, tennis/basketball court, children's play area and BBQ's. Low MF $575/mo includes water, hot water, electricity, basic cable TV & internet. Other fee ($705) currently includes $683/mo until 12/31/21 for spalling repair, re-piping and recreation deck repair (see supplement), plus $21.92/mo for a remaining Becker Sandwich Lease which runs until 2035. Unit comes with one unassigned covered parking stall. The building is pet friendly.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 23, 2021. Information is deemed reliable but not guaranteed.

    News
    Waikiki Banyan is attempting to get re-zoned in an effort to allow all owners to run a short-term rental business.


    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  ....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.
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    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.