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Waikiki Marina Condominium #2401 (Waikiki)

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Waikiki Marina Condominium #2401 (Waikiki)

1700 Ala Moana Blvd #2401, Honolulu
Inquire / Showing / Video Tour
Call agent (808) 343-5000 or use contact form.
For Japanese click here.
Description
High floor with a panoramic ocean view. One of the few legal rental units with a NUC short term rental certificate. The city is eliminating illegal short term vacation rentals. Great investment with high occupancy and rents increasing as illegal units are eliminated. Best Waikiki location away from the crowds but close to beaches, shopping and restaurants. Completely renovated and includes a covered parking stall. Compare: Amazing high floor panoramic ocean views - Legal for short term vacation rentals - Completely renovated - Includes a parking stall - Prime Waikiki location - Fee simple. Seller will sell all of his units for $200,000 each if all units (2401, 2402, 3001, 3301 and 3704) are purchased at one time.
Recent Activity
  • Sep 17, 2020 Price ↓ $240K
  • Aug 28, 2019 Price ↑ $295K
  • Aug 22, 2019 Listed @ $275K
Recently Sold
(Waikiki Marina Condominium)
  • #1703: 386 sqft @ $120K (9/14/20)
  • #703: 386 sqft @ $97K (4/24/15)
  • #2303: 386 sqft @ $140K (7/13/20)
  • #2304: 386 sqft @ $140K (4/1/20)
  • #2502: 386 sqft @ $210K (1/26/17)
  • #2403: 386 sqft @ $169K (2/5/20)
  • #3602: 386 sqft @ $220K (2/3/20)
  • #701: 365 sqft @ $179K (4/18/16)
  • #1103: 391 sqft @ $183K (4/3/19)
  • #1104: 359 sqft @ $183K (4/3/19)
  • #3003: 386 sqft @ $255K (11/15/18)
  • #4003: 386 sqft @ $252K (11/14/18)
  • #2001: 365 sqft @ $210K (10/15/13)
  • #1002: 386 sqft @ $67K (9/14/18)
  • #1001: 365 sqft @ $67K (9/14/18)
  • #3603: 386 sqft @ $280K (5/8/15)
  • #1604: 365 sqft @ $180K (8/26/16)
  • #601: 365 sqft @ $170K (6/9/14)
  • #3502: 386 sqft @ $245K (10/31/13)
  • #2301: 365 sqft @ $225K (3/8/18)
  • #804: 365 sqft @ $157K (1/16/18)
  • #1603: 386 sqft @ $185K (8/16/16)
  • #901: 365 sqft @ $157K (12/12/17)
  • #1702: 386 sqft @ $202K (11/3/17)
  • #1601: 365 sqft @ $204K (10/16/17)
  • #2104: 365 sqft @ $218K (8/2/17)
  • #902: 386 sqft @ $195K (6/28/17)
  • #3802: 386 sqft @ $270K (6/23/17)
  • #2804: 365 sqft @ $220K (4/28/17)
  • #3004: 365 sqft @ $299K (4/13/17)
  • #3803: 386 sqft @ $232K (3/30/17)
  • #1901: 386 sqft @ $120K (11/3/16)
  • #1202: 386 sqft @ $189K (9/9/16)
  • #1903: 386 sqft @ $195K (8/31/16)
  • #2404: 365 sqft @ $90K (6/25/15)
  • #3102: 386 sqft @ $240K (9/22/15)
  • #3601: 365 sqft @ $220K (9/16/15)
  • #2504: 365 sqft @ $270K (8/28/15)
  • #1904: 365 sqft @ $220K (4/13/15)
  • #602: 386 sqft @ $172K (12/16/14)
  • #2802: 386 sqft @ $237K (11/10/14)
  • #604: 365 sqft @ $101K (10/10/14)
  • #2503: 386 sqft @ $250K (10/28/13)
  • #PH4004: 365 sqft @ $290K (2/10/14)
  • #1204: 365 sqft @ $115K (1/5/14)
More Details
  • HOA Fees / Interior Sf: $2.74
  • Price / Interior Sf: $658
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Sewer, Water
  • Owner, Tax & Resale History: Click here
  • MLS: 201923431
  • Elementary School: Waikiki
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Coastline, Marina/Canal, Ocean, Sunset
  • Owner Occupancy: 13%
  • Management Company: Hawaiiana
  • Security Features: Card, Key, Keyed Elevator
  • Amenities: Community Laundry, Other, Pool on Property, Tennis Court, Whirlpool
  • TMK: 1-2-6-11-8-69
  • Tax Assessed Land: $128,200
  • Tax Assessed Improvements: $102,800
  • Tax Assessed Total: $231,000
  •  
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 24, 2020. Information is deemed reliable but not guaranteed.
#2401 - listing courtesy OahuRE.com.
Other Waikiki Marina Condominium Listings
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Waikiki Marina Condominium #3704
Studio | 1 Ba | 365 sqft
Ocean view
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Waikiki Marina Condominium
Studio | 1 Ba | 386 sqft
Ocean view
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Waikiki Marina Condominium #3501
Studio | 1 Ba | 365 sqft
Ocean view
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Waikiki Marina Condominium #1104
Studio | 1 Ba | 365 sqft
Ocean view
About Waikiki Marina Condominium
  • Address: 1860 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1984 with 39 floors and 136 units, studio floor plans, Pets: No.
  • Amenities include: Pool, Whirlpool, Tennis Court, BBQ Area and Resident Manager.
  • All units face the ocean offering spectacular views from the higher floors and glass elevators.

Updates
Jan 2016: Maintenance fees increased to ~$770/mo per unit effective 1/1/2016 to cover a new 20-year loan for the needed replacement of both exterior elevators. Total cost estimate $4-$5M. Repair is scheduled to start ~April 2016 and might take about 3 years total, or 18-months for each elevator.

- Jan 2016: Per general manager Lorenia Leyva #286-5528:
~70% of units are managed by Equus hotel operator.
~20% of units are managed by other rental agencies.
~10% of units are owner occupied or 2nd homes.

About Waikiki Marina Condominium
The Waikiki Marina is a tall, skinny condo close to Ala Moana Beach Park and Ala Moana Shopping Center. Originall  ....click here to read more
Other Waikiki Condos
ALA WAI PALMS #601
2 Bd | 2Ba | 1,000 sqft
Royal Kuhio #2814
1 Bd | 1Ba | 444 sqft
Rosalei Ltd #811
1 Bd | 1Ba | 477 sqft
Bamboo #402
0 Bd | 1Ba | 272 sqft
Kuhio Village #603
0 Bd | 1Ba | 286 sqft
Namahana Terrace #404
1 Bd | 1Ba | 427 sqft

Asking Price

$240,000

Living

365 sqft

Baths

1

Beds

0

18.64% price drop, 7 days ago

 
 
    Description
    High floor with a panoramic ocean view. One of the few legal rental units with a NUC short term rental certificate. The city is eliminating illegal short term vacation rentals. Great investment with high occupancy and rents increasing as illegal units are eliminated. Best Waikiki location away from the crowds but close to beaches, shopping and restaurants. Completely renovated and includes a covered parking stall. Compare: Amazing high floor panoramic ocean views - Legal for short term vacation rentals - Completely renovated - Includes a parking stall - Prime Waikiki location - Fee simple. Seller will sell all of his units for $200,000 each if all units (2401, 2402, 3001, 3301 and 3704) are purchased at one time.
    Inquire / Showing / Video Tour
    Call agent (808) 343-5000 or use contact form.
    For Japanese click here.
    • Sep 17, 2020 Price ↓ $240K
    • Aug 28, 2019 Price ↑ $295K
    • Aug 22, 2019 Listed @ $275K
    • Address: 1860 Ala Moana Blvd, Honolulu, HI 96815.
    • Built in 1984 with 39 floors and 136 units, studio floor plans, Pets: No.
    • Amenities include: Pool, Whirlpool, Tennis Court, BBQ Area and Resident Manager.
    • All units face the ocean offering spectacular views from the higher floors and glass elevators.

    Updates
    Jan 2016: Maintenance fees increased to ~$770/mo per unit effective 1/1/2016 to cover a new 20-year loan for the needed replacement of both exterior elevators. Total cost estimate $4-$5M. Repair is scheduled to start ~April 2016 and might take about 3 years total, or 18-months for each elevator.

    - Jan 2016: Per general manager Lorenia Leyva #286-5528:
    ~70% of units are managed by Equus hotel operator.
    ~20% of units are managed by other rental agencies.
    ~10% of units are owner occupied or 2nd homes.

    About Waikiki Marina Condominium
    The Waikiki Marina is a tall, skinny condo close to Ala Moana Beach Park and Ala Moana Shopping Center. Originall  ....click here to read more
    Other Waikiki Marina Condominium Listings
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    Waikiki Marina Condominium #3704
    Studio | 1 Ba | 365 sqft
    Ocean view
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
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    Waikiki Marina Condominium
    Studio | 1 Ba | 386 sqft
    Ocean view
    • Photo
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    Waikiki Marina Condominium #3501
    Studio | 1 Ba | 365 sqft
    Ocean view
    • Photo
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    Waikiki Marina Condominium #1104
    Studio | 1 Ba | 365 sqft
    Ocean view
    Other Waikiki Condos
    ALA WAI PALMS #601
    2 Bd | 2Ba | 1,000 sqft
    Royal Kuhio #2814
    1 Bd | 1Ba | 444 sqft
    Rosalei Ltd #811
    1 Bd | 1Ba | 477 sqft
    Bamboo #402
    0 Bd | 1Ba | 272 sqft
    Kuhio Village #603
    0 Bd | 1Ba | 286 sqft
    Namahana Terrace #404
    1 Bd | 1Ba | 427 sqft
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 24, 2020. Information is deemed reliable but not guaranteed.
    #2401 - listing courtesy OahuRE.com.
    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.
    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.