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Waikiki Townhouse #702 (Waikiki)

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2421 Tusitala St #702, Honolulu

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Description
When opportunity knocks... answer the call. Here is the perfect investment opportunity for off-island second homeowners or First Time Home Buyer. This cozy one-bedroom, one-bath condo is centrally located and conveniently situated near a brand-new grocery store and shopping center - right in the heart of Waikiki. The assessment (approx. $28,000) payoff at closing is negotiable. This property is a short-term rental powerhouse with a historically proven track record of bringing consistent rental income for 30-day minimum stays. Situated minutes from Waikiki Gold Coast, you're in the middle of the action. World-renowned Waikiki Beach is just minutes away; contemporary dining selection and robust shopping options await. Spacious lanai with an open-concept living area, semi-updated cabinets and clean countertops, and newer vinyl plank flooring completed the modern update. In-unit washer and dryer included. Whether you're a first-time buyer looking to buy your first home, a savvy CAP rate-driven investor, or just a part-time Hawaii resident seeking a second home to rent out for part of the year -- look no further, this is the right home for you. Pets allowed (verify).
Recent Activity
  • Mar 14, 2024 Price $318,998
  • Jan 31, 2024 Listed at $319,995
Past Sales
  • #504: 1 Bd | 1 Ba @ $355K (4/26/24)
  • #1004: 1 Bd | 1 Ba @ $325K (3/28/24)
  • #701: 1 Bd | 1 Ba @ $315K (3/21/24)
  • #1502: 1 Bd | 1 Ba @ $328K (3/11/24)
  • #1604: 1 Bd | 1 Ba @ $374K (2/16/24)
  • #2703: 1 Bd | 1 Ba @ $443K (2/1/24)
  • #802: 1 Bd | 1 Ba @ $320K (12/19/23)
  • #2404: 1 Bd | 1 Ba @ $397K (10/19/23)
  • #1601: 1 Bd | 1 Ba @ $341K (9/22/23)
  • #1902: 1 Bd | 1 Ba @ $320K (8/31/23)
  • #2803: 1 Bd | 1 Ba @ $54K (8/22/23)
  • #803: 1 Bd | 1 Ba @ $300K (7/12/23)
  • #1903: 1 Bd | 1 Ba @ $330K (7/7/23)
  • #2002: 1 Bd | 1 Ba @ $325K (6/9/23)
  • #1602: 1 Bd | 1 Ba @ $357K (5/22/23)
  • #1603: 1 Bd | 1 Ba @ $400K (4/28/23)
  • #2502: 1 Bd | 1 Ba @ $330K (4/10/23)
  • #1103: 1 Bd | 1 Ba @ $326K (4/10/23)
  • #1602/1603: 2 Bds | 2 Ba @ $500K (3/2/23)
  • #704: 1 Bd | 1 Ba @ $50K (2/6/23)
  • #2604: 1 Bd | 1 Ba @ $340K (12/21/22)
  • #2501: 1 Bd | 1 Ba @ $340K (12/19/22)
  • #2701 & 2704: 2 Bds | 2 Ba @ $799K (11/10/22)
  • #1704: 1 Bd | 1 Ba @ $305K (10/18/22)
  • #hidden: 1 Bd | 1 Ba @ $339K (5/6/22)
  • #1001: 1 Bd | 1 Ba @ $295K (3/22/22)
  • #1504: 1 Bd | 1 Ba @ $255K (2/9/22)
  • #301: 1 Bd | 1 Ba @ $295K (11/9/21)
  • #1002: 1 Bd | 1 Ba @ $255K (10/18/21)
  • #903: 1 Bd | 1 Ba @ $294K (10/12/21)
  • #2302: 1 Bd | 1 Ba @ $285K (9/1/21)
  • #2402: 1 Bd | 1 Ba @ $307K (8/11/21)
  • #1204: 1 Bd | 1 Ba @ $295K (5/19/21)
  • #1804: 1 Bd | 1 Ba @ $305K (2/5/21)
  • #2103: 1 Bd | 1 Ba @ $290K (10/21/20)
  • #401: 1 Bd | 1 Ba @ $245K (6/2/20)
  • #1304: 1 Bd | 1 Ba @ $323K (5/1/20)
  • #1404: 1 Bd | 1 Ba @ $260K (4/22/20)
  • #904: 1 Bd | 1 Ba @ $330K (2/6/20)
  • #2602: 1 Bd | 1 Ba @ $330K (1/3/20)
  • #2003: 1 Bd | 1 Ba @ $375K (11/25/19)
  • #2304: 1 Bd | 1 Ba @ $400K (4/10/19)
  • #1203: 1 Bd | 1 Ba @ $300K (11/8/18)
  • #304: 1 Bd | 1 Ba @ $60K (9/13/18)
  • #1501: 1 Bd | 1 Ba @ $306K (6/14/18)
  • #2403: 1 Bd | 1 Ba @ $385K (4/4/18)
  • #404: 1 Bd | 1 Ba @ $300K (2/7/18)
  • #604: 1 Bd | 1 Ba @ $318K (4/7/17)
  • #2101: 1 Bd | 1 Ba @ $325K (7/14/16)
  • #603: 1 Bd | 1 Ba @ $265K (6/30/16)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.83
  • Price / ft²: $541
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Golf Course, Marina/Canal, Mountain
  • Property Condition: Above Average
  • Owner Occupancy: 51%
  • Management Company: Neal Fineman
  • Security Features: Card, Key
  • Amenities: Car Wash, Storage
  • TMK: 1-2-6-24-59-19
  • Tax Assessed Land: $45,700
  • Tax Assessed Improvements: $238,400
  • Tax Assessed Total: $284,100
  • Courtesy: Innovative Realty Group, Inc. / (808) 791-4607
  • MLS: 202401826
Ask All a Question
Good to Know
  • Address: 2421 Tusitala St, Honolulu, HI 96815.
  • Built in 1980, 109 Units on 31 Floors, 1BR, Pets: OK (verify).
  • Amenities include Resident Manager.
  • Mostly  Fee Simple with few Leasehold, up in 2029.

About Waikiki Townhouse
The Waikiki Townhouse condos stand on a small U-shaped street between Kuhio Ave and Ala Wai Boulevard. The intimate setting and primarily local residents who live this pocket of Waikiki give it more of a neighborhood feel. You'll start to notice familiar faces on these blocks and see your neighbors stopping to talk to each other.

That's b  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 27, 2024. Information is deemed reliable but not guaranteed.
  • Asking Price: $318,998
Description
When opportunity knocks... answer the call. Here is the perfect investment opportunity for off-island second homeowners or First Time Home Buyer. This cozy one-bedroom, one-bath condo is centrally located and conveniently situated near a brand-new grocery store and shopping center - right in the heart of Waikiki. The assessment (approx. $28,000) payoff at closing is negotiable. This property is a short-term rental powerhouse with a historically proven track record of bringing consistent rental income for 30-day minimum stays. Situated minutes from Waikiki Gold Coast, you're in the middle of the action. World-renowned Waikiki Beach is just minutes away; contemporary dining selection and robust shopping options await. Spacious lanai with an open-concept living area, semi-updated cabinets and clean countertops, and newer vinyl plank flooring completed the modern update. In-unit washer and dryer included. Whether you're a first-time buyer looking to buy your first home, a savvy CAP rate-driven investor, or just a part-time Hawaii resident seeking a second home to rent out for part of the year -- look no further, this is the right home for you. Pets allowed (verify).
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 27, 2024. Information is deemed reliable but not guaranteed.
    • Mar 14, 2024 Price $318,998
    • Jan 31, 2024 Listed at $319,995
    • Address: 2421 Tusitala St, Honolulu, HI 96815.
    • Built in 1980, 109 Units on 31 Floors, 1BR, Pets: OK (verify).
    • Amenities include Resident Manager.
    • Mostly  Fee Simple with few Leasehold, up in 2029.

    About Waikiki Townhouse
    The Waikiki Townhouse condos stand on a small U-shaped street between Kuhio Ave and Ala Wai Boulevard. The intimate setting and primarily local residents who live this pocket of Waikiki give it more of a neighborhood feel. You'll start to notice familiar faces on these blocks and see your neighbors stopping to talk to each other.

    That's b  .....
    Read more.
    Other Waikiki Townhouse Listings
    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 about property tax rates.