Hawaii Living

Waikiki Banyan #I-2207 (Waikiki)

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  • Sold 5/31/22 at $620,000
    (List Price: $629,000)
  • Beds: 1
  • Baths: 1
  • Living: 533 sqft
  • Leasehold Expiry: 12/31/35
  • Lease Rent: $ 22 / month
  • Balcony: 67 sqft
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $593 / month
  • Other Monthly Fee: $482 / month ?
  • Property Taxes: $161 / month ?
  • Est. Mortgage: $2,779 /mo - adjust loan
  • Time Listed for Sale: 141 days
  • Status: Sold
  • Tenure: Fee Simple
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201 Ohua Ave #I-2207, Honolulu

This property was sold May 31, 2022 for $620,000
Description
Rare opportunity to own a 1 bedroom apartment with Non-conforming Use Certificate (NUC) in a popular Waikiki Banyan! The unit is fully furnished and rented nightly through the Aston Hotel rental program. Waikiki Banyan offers a variety of amenities, pool, tennis court, BBQ area, children's playground and more! 2022 monthly maintenance fee of $593/mo., covers water/sewer/electricity/cable and internet, very reasonable! The residence comes with 1 parking. Do not miss this rare offering!
Past Activity
  • May 31, 2022 Sold for $620,000
  • Apr 21, 2022 Expired
  • Apr 13, 2022 In Escrow
  • Mar 15, 2022 Price $629,000
  • Mar 15, 2022 Back to Active
  • Feb 10, 2022 Temp. Withdrawn
  • Jan 11, 2022 Price $619,000
  • Nov 01, 2021 Price $639,000
  • Oct 21, 2021 Listed at $649,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $2.02
  • Price / Interior Sf: $1,180
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • View: City, Coastline, Diamond Head
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Patio/Deck, Playground, Recreation Area, Security Guard, Tennis Court, Trash Chute
  • TMK: 1-2-6-25-5-213
  • Tax Assessed Land: $106,600
  • Tax Assessed Improvements: $385,900
  • Tax Assessed Total: $492,500
  • Courtesy: Locations LLC
  • MLS: 202126486
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 03, 2022. 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
As per Bill 41 (CO 22-07), all Waikiki Banyan and Waikiki Sunset units are now legal STRs, even the ones that don’t have a NUC.


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, ma  ....click here to read more
Description
Rare opportunity to own a 1 bedroom apartment with Non-conforming Use Certificate (NUC) in a popular Waikiki Banyan! The unit is fully furnished and rented nightly through the Aston Hotel rental program. Waikiki Banyan offers a variety of amenities, pool, tennis court, BBQ area, children's playground and more! 2022 monthly maintenance fee of $593/mo., covers water/sewer/electricity/cable and internet, very reasonable! The residence comes with 1 parking. Do not miss this rare offering!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 03, 2022. 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
As per Bill 41 (CO 22-07), all Waikiki Banyan and Waikiki Sunset units are now legal STRs, even the ones that don’t have a NUC.


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, ma  ....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: 12/31/35
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.