MLS Number 202310953 For Sale
Let our Oahu real estate inspire you...
Beautifully renovated studio with kitchenette and spectacular Ocean, Diamond Head, Ala Wai and mountain views perfect for investors. The Hawaiian Monarch is legal for short term and vacation rentals, as well as long term rentals, and is ideal for Airbnb with its fabulous amenities including a resort type pool, hot tub, barbeque grills, picnic area, fitness center, laundry, restaurants, pub and convenience store, and is an centrally located near Waikiki's beaches, restaurants, shops and bus lines and in walking distance of the Ala Moana Mall. The building is very secure with 24 hour security guards, security cameras and keyed elevator. This unit is currently dedicated for residential use (long term rentals of 30 days or more). The dedication expires on June 30, 2023 at which time property will be zoned for short term vacation rentals. Please contact The Real Property Assessment Division if you would like additional details. Please note that the current taxes are based on residential status and will increase when residential dedication expires. Tenant's lease expires 8/27/23. Current rent is $1400 per month.
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | Hawaiian Monarch |
| Unit Number | 1007 |
| Bedrooms | studio |
| Full Bathrooms | 1 |
| Interior Living Area | 223 sq. ft.
20.72 sq. m. |
| Total Area |
223 sq. ft. 20.72 sq. m. |
| Year Built | 1979 |
| Year Remodeled | 2019 |
| Remodel Type | Full |
| Furnished | Yes |
| Parking Type |
|
| Property Condition | Excellent |
| Unit Features |
|
| Views |
|
| Inclusions |
|
| Flooring |
|
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Amenities |
|
| Architectural Style |
|
| Condo Parking Unit | 0 |
| Construction Materials |
|
| Elevators | 3 |
| Management Company | Hawaiiana (tel. 808-593-9100) |
| Owner Occupancy | 8% |
| Property Frontage |
|
| Security |
|
| Stories | 21+ |
| Attribution Contact | Trans-Pacific Realty Inc.: (808) 722-2324 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $289,900 FS - Fee Simple |
| Price / Sq. Ft. | $1,300.00 / Sq. Ft. |
| Land Tenure | FS - Fee Simple (You own the land.) |
| Tax Assessed Value | $192,700 |
| Tax Assessed Value Improvements | $112,400 |
| Tax Assessed Value Land | $80,300 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $56 / Month |
| Tax Year | 2022 |
| TMK (Tax Map Key) | 1-2-6-014-032-0207 |
| Maintenance | $453 / Month |
| Maintenance/SqFt | $230 / Month / Sq. Ft. |
| Total Monthly Fees | $453 / Month |
| Item | Details |
|---|---|
| City | Honolulu |
| Neighborhood | Waikiki |
| Zip Code | 96815 |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AO |
| Elementary School | Jefferson |
| Middle School | Washington |
| High School | Kaimuki |
