MLS Number 202403815 For Sale
Let our Oahu real estate inspire you...
Rarely available condo-hotel zoned for legal vacation rental. Great income potential, lots of flexibility possible with long or short term rentals. Currently rented as a short term vacation rental: Turn key, on a higher floor location with great gorgeous views of the mountains, Diamond Head, brilliant colors of the city lights, Ala Wai canal, and valleys. Sold fully furnished. Hawaiian Monarch is a secured condo-hotel with short distances to the essential of the world famous Waikiki location.
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | Hawaiian Monarch |
| Unit Number | 1509 |
| Bedrooms | studio |
| Full Bathrooms | 1 |
| Interior Living Area | 259 sq. ft.
24.06 sq. m. |
| Total Area |
259 sq. ft. 24.06 sq. m. |
| Year Built | 1979 |
| Furnished | Yes |
| Parking Type |
|
| Property Condition | Above Average |
| Unit Features |
|
| Views |
|
| Inclusions |
|
| Flooring |
|
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Amenities |
|
| Architectural Style |
|
| Condo Parking Unit | 0 |
| Construction Materials |
|
| Management Company | Hawaiiana (tel. 808-593-9100) |
| Owner Occupancy | 10% |
| Security |
|
| Attribution Contact | eXp Realty: (808) 725-2794 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $240,000 LH - Leasehold |
| Price / Sq. Ft. | $926.64 / Sq. Ft. |
| Land Tenure | LH - Leasehold (Your rent the land underneath.) |
| Lease Expiration | 2054 (in 30 years) |
| Lease Fee Purchase | $77,408 |
| Lease Fee Rent | $158 / Month |
| Tax Assessed Value | $276,900 |
| Tax Assessed Value Improvements | $181,600 |
| Tax Assessed Value Land | $95,300 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $81 / Month |
| Tax Year | 2023 |
| TMK (Tax Map Key) | 1-2-6-014-032-0289 |
| Maintenance | $405 / Month |
| Maintenance/SqFt | $146 / Month / Sq. Ft. |
| Total Monthly Fees | $452 / Month |
| Monthly Fees Include |
Cable TV, Sewer, Water
$47: None |
| Item | Details |
|---|---|
| City | Honolulu |
| Neighborhood | Waikiki |
| Zip Code | 96815 |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AO |
