Hawaii Living

Waikiki Banyan #T1-1203 (Waikiki)

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Photo 1 of 201 Ohua Ave #T1-1203, Honolulu

201 Ohua Ave #T1-1203, Honolulu

Selling or Buying in Waikiki Banyan?
Call/Text George (808) 554-1635 or send a message using the form below.
George Krischke

George Krischke

Principal Broker
Realtor, RB-18610

Mobile: (808) 554-1635

Email: George@HawaiiLiving.com

Description
Welcome to Waikiki Banyan – where location meets opportunity! This gem allows legal short-term rentals, making it a perfect investment or vacation getaway. Just minutes from the beach, world-class dining, and endless entertainment, the possibilities here are endless! Let your imagination run wild—refresh, redesign, and unlock its full potential. Enjoy resort-style amenities, including a pool, hot tub, BBQ area, and more. Whether you're looking for a high-performing rental or your own slice of Waikiki magic, this is the one! Currently the special assessment ($570.78 per month) is for the recreation deck renovation and infrastructure renovation. The special assessment is until the end of this year, 2025. The current owner will pay off the current special assessment at closing. There is also Sandwich Becker Lease which is $52.20 and it is until the end of November, 2035.
Past Activity
  • Aug 25, 2025 Sold for $592,000
  • Jun 03, 2025 Under Contract
  • May 30, 2025 Price $599,000
  • May 27, 2025 Price $615,000
  • Apr 02, 2025 Price $648,000
  • Mar 11, 2025 Listed at $685,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.76
  • Price / ft²: $1,111
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Diamond Head
  • Property Condition: Average
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Card, Key
  • Amenities: BBQ, Community Association Pool, Community Laundry, Fire Sprinkler, Patio/Deck, Playground, Sauna, Tennis Court, Trash Chute
  • TMK: 1-2-6-25-5-83
  • Tax Assessed Land: $106,600
  • Tax Assessed Improvements: $624,200
  • Tax Assessed Total: $730,800
  • Courtesy: Coldwell Banker Realty / (808) 738-3904
  • MLS: 202506686
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 January 09, 2026.Information is deemed reliable but not guaranteed.
Other Waikiki Banyan Listings
$595,000
Waikiki Banyan #903-Mauka
1 Bd | 1 Ba
582 ft²
$580,000
Waikiki Banyan #607
1 Bd | 1 Ba
533 ft²
$658,000
Waikiki Banyan #T2-908
1 Bd | 1 Ba
533 ft²
$660,000
Waikiki Banyan #803
1 Bd | 1 Ba
533 ft²
Other Condotels
$620,000
Hawaiian Monarch #2702
1 Bd | 2 Ba
676 ft²
$535,000
Island Colony #720
1 Bd | 1 Ba
570 ft²
$659,000
Waikiki Sunset #905
1 Bd | 1 Ba
546 ft²
$649,000
Tradewinds Plaza #703
Studio | 1 Ba
322 ft²
$538,000
Marine Surf Waikiki #508
Studio | 1 Ba
392 ft²
$525,000
Pacific Monarch #804
Studio | 1 Ba
352 ft²
  • Sold 8/25/25 at $592,000
    (List Price: $599,000)
Description
Welcome to Waikiki Banyan – where location meets opportunity! This gem allows legal short-term rentals, making it a perfect investment or vacation getaway. Just minutes from the beach, world-class dining, and endless entertainment, the possibilities here are endless! Let your imagination run wild—refresh, redesign, and unlock its full potential. Enjoy resort-style amenities, including a pool, hot tub, BBQ area, and more. Whether you're looking for a high-performing rental or your own slice of Waikiki magic, this is the one! Currently the special assessment ($570.78 per month) is for the recreation deck renovation and infrastructure renovation. The special assessment is until the end of this year, 2025. The current owner will pay off the current special assessment at closing. There is also Sandwich Becker Lease which is $52.20 and it is until the end of November, 2035.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 09, 2026.Information is deemed reliable but not guaranteed.
    • Aug 25, 2025 Sold for $592,000
    • Jun 03, 2025 Under Contract
    • May 30, 2025 Price $599,000
    • May 27, 2025 Price $615,000
    • Apr 02, 2025 Price $648,000
    • Mar 11, 2025 Listed at $685,000
    • 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
    $595,000
    Waikiki Banyan #903-Mauka
    1 Bd | 1 Ba
    582 ft²
    $580,000
    Waikiki Banyan #607
    1 Bd | 1 Ba
    533 ft²
    $658,000
    Waikiki Banyan #T2-908
    1 Bd | 1 Ba
    533 ft²
    $660,000
    Waikiki Banyan #803
    1 Bd | 1 Ba
    533 ft²
     
    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.