Oahu Condo For Sale: MLS# 201904337

Royal Aloha #505 for Sale at $149,888 Leasehold

This Sensational Oahu Condo includes:

  • Leasehold Land Tenure
  • 2 bedrooms + 1 bathroom
  • Built in 1971
  • Above Average, Excellent Condition
  • On the market for only 4 days
  • remodeled in 2018
  • 674 Sq.Ft. of interior living area
  • 50 Sq.Ft. lanai included
  • Central AC too
  • Swimming pool
  • Estimated monthly running costs are $794.00
  • Estimated Maintenance Per SqFt is $1.18

At the Entrance to Waikiki. Location! Location! This Amazing 2 Br, 1 Ba Condotel Is Nicely Remodeled and Ready for Your Occupancy or Rental. Main Living Area Is Nicely Tiled and New Carpet in Bedrooms. Close to Waikiki Beach, Ala Wai Canal, and Ala Moana Shopping Center. Short Term or Vacation Rental Is Ok. Perfect for Investors or Home Buyers Who Want to Get Cash Flow. Secured Building With Amenities: on Site Resident Manager, Pool, Bbq Area, Meeting Room, Community Laundry Room and a Washer/dryer on Every Floor. Pet Friendly- 50 Pds or Smaller With Manager's Approval. Sold in "as Is" Condition. Listing information courtesy of Island, REALTORS.

Financials

Item Details (Information deemed reliable, but not guaranteed.)
List Price $149,888.00 USD
Land Tenure LH - Leasehold (Your rent the land underneath.)
Lessor Name Aloha Securities
Lease Expiration December, 2041 (in 22 years)
Lessor Name Aloha Securities
Lease Renegotiation January, 2027 (in 7 years)
Lease Fee Purchase Not available.
Lease Fee Rent $477.00 USD / Month
Maintenance $560.00 USD / Month
Association Fees $560.00 USD / Month
Includes Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
Includes Lease Rent, Maintenance
Tax Amount $234.00 USD / Month
Tax Assessed Value $297,500.00 USD
Tax Assessed Value Improvements $69,800.00 USD
Tax Assessed Value Land $227,700.00 USD
Tax Exemption Owner Occupancy $80,000.00 USD
Tax Year 2018

Unit Features

Item Details
Bedrooms 2
Full Bathrooms 1
Interior Living Area 674 ft2 [63m2]
Open Lanai Area 50 ft2 [5m2]
Total Area 724 ft2 [67m2]
Year Built 1971
Remodel Year 2018
Remodel Type Partial
Inclusions AC Central, Range/Oven, Refrigerator
Flooring Ceramic Tile, W/W Carpet
Parking Spaces 0
Parking Type None
Property Condition Above Average,Excellent
Special Features Odd# Unit, Single Level
Views Mountain

Building Features

Item Details
Building Name Royal Aloha
Amenities Community Laundry, Patio/Deck, Pool, Recreation Area, Resident Manager
Architectural Style High-Rise 7+ Stories
Construction Materials Concrete
Elevators 2
Management Company Hawaiian Properties (tel. 8085399777)
Owner Occupancy 25%
Security Key
Stories One

Neighbourhood

Item Details
Neighborhood Waikiki in Honolulu
Zip Code 96815
Zoning X6 - Resort Hotel Precinct
Flood Zone Zone AO

Map


 

Contact Request


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Hi, I'm Sachiko Trillo, Realtor.

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Sachiko Trillo, Realtor

Aloha, my name is Sachiko Trillo, your friendly Oahu Realtor. I specialize in sensational vacation homes, and dependable investment properties. I'd be more than happy to personally show you some Oahu Real Estate that fits your needs. Call me today, because life is too short to wait.

Blue Bunny Hawaii Realty LLC
600 Ala Moana Blvd., #3608, Honolulu, HI 96813 USA
Cell: 1.808.369.9867
Fax: 1.808.564.0083