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SOLD
MLS: 202326584
Condo: Waikiki Banyan #1404-T1
 
Asking Price: $735,000 FS - Fee Simple
Sold Price: $718,000
Sold Date: 02/15/2024
Type: Condominium
District: Metro
Address: 201 Ohua Avenue, Honolulu, HI
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 557 SF
Land Area: 2.29 Acres
View: City,Mountain,Ocean
Parking: Covered - 1,Unassigned
Amenities: BBQ,Community Laundry,Condo Association Pool,Fire Sprinkler,Playground,Recreation Area,Resident Mana
Days on Market: 358
(The Price of the property was lowered by $10,000 on 12/12/2023)
Year Built: 1977
Zoning: X2 - Apartment Precinct
Land Recorded: Dual Systems
Property Taxes: $209,.70
Assessed Value: $639,900,.00
Assessed Ratio: 114.86%
Listing Courtesy: Damon HI Pac Intl Prop LLC
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Please take advantage of this great investment opportunity to own a legal short term vacation rental unit with a partial ocean view from lanai and one unassigned parking. Conveniently located near the heart of Waikiki, you can walk to the beach or experience a plethora of dining and shopping options. This unit is FEE SIMPLE, no remaining Sandwich Lease and has a (NUC) Non-confirming Use Certificate for daily rentals. Seller currently runs a legal short term rental with sellers brokerage firm. Fully furnished unit with complete kitchenware and extra beddings, ready for your short term vacation rental business. New owner can expect cashflow right after closing as the unit is booked out already several months in advance. Special Assessment: $239 will end 12/2023


 
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