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MLS: 202407250 (Active - For Sale)Condo: Hawaiian Prince Apts Ltd #212
 
Asking Price: $70,000 Leasehold
Lease Expires: 03/31/2040
Type: Condominium
District: Metro
Address: 410 Nahua Street, Honolulu, HI
Maintenance Fee: 401.00
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 656 SF

View: City,Mountain
Parking: Assigned,Open,Secured Entry
Amenities: Other,Resident Manager,Wall/Fence
Days on Market: 265
(The Price of the property was lowered by $16,000 on 09/13/2024)
Year Built: 1959
Zoning: X2 - Apartment Precinct
Land Recorded: Land Court
Property Taxes: $92
Assessed Value: $358,100
Assessed Ratio: 19.55%
Listing Courtesy: Coldwell Banker Realty
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All Units For Sale in Hawaiian Prince Apts Ltd


In the heart of Waikiki, this spacious 1BD/1BA corner-unit is conveniently within walking distance to world-famous Waikiki Beach and the International Marketplace. The Hawaiian Prince Apartments is a secure well-maintained cooperative elevator building with a resident manager. This is a LEASEHOLD property, the ground lease ends on "March 31, 2040, PROVIDED HOWEVER, that on or after March 31, 2030, Lessor(Queen Emma) should have the absolute right to terminate said Lease SUBJECT TO the conditions set forth in said Lease." Owner's monthly expenses:$677.01(ground lease rent) $401.19(monthly maintenance fee) $91.62(monthly property tax)=$1,169.82/total per month. ONLY ground lease rent increases 3% annually. The unit, the largest 1BD floor plan, was renovated in 2019 including new fixtures and appliances. The unit is being conveyed fully-furnished as-is. Minimum 30-day rental building and this unit has strong 30-day rental income history. There is a short wait list for onsite secured assigned parking for resident's use which is $100/mo. Being sold as-is. Currently occupied, showings are only available after receiving an accepted offer with an inspection/showing contingency.

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
20172632212/28/201708/29/2018$55,000$40,000

3 Comparable Units Sold in Hawaiian Prince Apts Ltd (Last 12 months)
Description List Date Sold Date List Price Sold Price
1 Bed 1 Bath04/11/202302/29/2024$70,000$70,000
1 Bed 1 Bath03/13/202405/24/2024$70,000$60,000
1 Bed 1 Bath01/31/202404/08/2024$89,000$82,000
Average Price:  $70,667

 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
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use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
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Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
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