Hawaii Living

Waikiki Banyan #3402 (Waikiki)

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201 Ohua Ave #3402, Honolulu

This property was sold September 27, 2021 for $565,000
Description
High floor, rarely available spacious 1 bed / 1 bath unit at the desirable Waikiki Banyan Makai Tower I! Enjoy Ocean, Mountain, City, and Golf Course Views from the lanai. Located near everything Waikiki has to offer -- World Famous Waikiki Beach, Kapiolani Park, extensive dining and shopping options, and much much more. Fabulous amenities include a pool, spa/hot tub, sauna, tennis courts, playground area, and bbqs for everyone to enjoy!Maintenance fee ($575/mo.) covers water, electricity, basic cable and internet. Other Monthly fee ($705/mo.) includes: $21.92 per month for a remaining Becker Sandwich Lease that runs through 2035 plus $683 per month for a 2021 special assessment that runs through 12/31/21. The remaining balance of the 2021 special assessment to be paid off by Seller at closing. Note that this property has a Nonconforming Use Certificate in effect and is subject to a sandwich lease through 2035.
Past Activity
  • Sep 27, 2021 Sold for $565,000
  • Jul 06, 2021 In Escrow
  • Jun 28, 2021 Listed at $565,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $2.40
  • Price / Interior Sf: $1,060
  • HOA Fees Include: Cable TV, Electricity, Internet Service, Water
  • Zoning: X2 - Apartment Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Golf Course, Marina/Canal, Mountain, Ocean
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana Management
  • Amenities: BBQ, Community Association Pool, Community Laundry, Playground, Recreation Area, Security Guard, Tennis Court, Trash Chute
  • TMK: 1-2-6-25-5-376
  • Tax Assessed Land: $106,600
  • Tax Assessed Improvements: $396,300
  • Tax Assessed Total: $502,900
  • Courtesy: Chen Investment Group Realty
  • MLS: 202116496
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 19, 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
High floor, rarely available spacious 1 bed / 1 bath unit at the desirable Waikiki Banyan Makai Tower I! Enjoy Ocean, Mountain, City, and Golf Course Views from the lanai. Located near everything Waikiki has to offer -- World Famous Waikiki Beach, Kapiolani Park, extensive dining and shopping options, and much much more. Fabulous amenities include a pool, spa/hot tub, sauna, tennis courts, playground area, and bbqs for everyone to enjoy!Maintenance fee ($575/mo.) covers water, electricity, basic cable and internet. Other Monthly fee ($705/mo.) includes: $21.92 per month for a remaining Becker Sandwich Lease that runs through 2035 plus $683 per month for a 2021 special assessment that runs through 12/31/21. The remaining balance of the 2021 special assessment to be paid off by Seller at closing. Note that this property has a Nonconforming Use Certificate in effect and is subject to a sandwich lease through 2035.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 19, 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.

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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
Learn more about Oahu property taxes here.