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MLS: 202420582 (Active - For Sale)Condo: Waikiki Banyan #2902-I
 
Asking Price: $779,000 FS - Fee Simple
Type: Condominium
District: Metro
Address: 201 Ohua Avenue, Honolulu, HI
Maintenance Fee: 774.00
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 533 SF
Land Area: 2.29 Acres
View: City,Mountain,Ocean
Parking: Covered - 1,Unassigned
Amenities: BBQ,Community Laundry,Condo Association Pool,Fire Sprinkler,Patio/Deck,Playground,Recreation Area,Re
Days on Market: 76
(The Price of the property was lowered by $40,000 on 11/01/2024)
Year Built: 1977
Zoning: X2 - Apartment Precinct
Land Recorded: Dual Systems
Property Taxes: $602
Assessed Value: $764,200
Assessed Ratio: 101.94%
Listing Courtesy: Map Vision Inc.
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All Units For Sale in Waikiki Banyan


This high-floor unit in the Waikiki Banyan Tower-1 offers partial ocean view from lanai and is just minutes away from Waikiki Beach, premier shopping, and fine dining. Currently enrolled in the Aqua-Aston Hotel Rental Program, this unit provides a perfect balance of personal use and investment income. It is in great condition, thanks to daily maid service and maintenance provided by the hotel rental program. Elevator modernization and renovation of the amenity deck on the 6th floor are in progress, without assessments. Fire sprinklers and recently installed new DWV piping system throughout the building add to the overall value and peace of mind. While the unit comes with the sandwich lease ($52.20 per month), it will end in November 2035, after which the property will be 100% fee simple property. This is an incredible opportunity to own a property with excellent rental potential and long-term value. Don't miss out on this exceptional opportunity!

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
990583908/30/199910/15/1999$92,000$92,000

19 Comparable Units Sold in Waikiki Banyan (Last 12 months)
Description List Date Sold Date List Price Sold Price
1 Bed 1 Bath11/29/202301/23/2024$218,000$228,000
1 Bed 1 Bath02/06/202404/04/2024$290,000$275,000
1 Bed 1 Bath10/23/202312/07/2023$680,000$710,000
1 Bed 1 Bath11/29/202301/31/2024$690,000$715,000
1 Bed 1 Bath01/16/202403/12/2024$715,000$785,000
1 Bed 1 Bath01/16/202403/18/2024$715,000$735,000
1 Bed 1 Bath09/18/202311/29/2023$718,000$685,000
1 Bed 1 Bath07/31/202312/04/2023$720,000$695,000
1 Bed 1 Bath12/07/202302/15/2024$735,000$718,000
1 Bed 1 Bath03/05/202404/09/2024$765,000$765,000
1 Bed 1 Bath01/22/202403/13/2024$770,000$755,000
1 Bed 1 Bath12/08/202301/17/2024$780,000$740,000
1 Bed 1 Bath01/04/202402/09/2024$780,000$830,000
1 Bed 1 Bath12/19/202302/05/2024$784,000$830,000
1 Bed 1 Bath12/29/202302/15/2024$790,000$770,000
1 Bed 1 Bath12/20/202301/17/2024$850,000$850,000
1 Bed 1 Bath10/24/202301/31/2024$850,000$888,888
1 Bed 1 Bath02/29/202404/18/2024$858,000$850,000
1 Bed 1 Bath02/05/202402/21/2024$898,888$888,888
Average Price:  $721,778

 
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
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