1920 Ala Moana Blvd #2014

Inn On The Park
1920 Ala Moana Blvd #2014
Honolulu, HI 96815

For Sale

Sold

Sold Price

$85,000 (LH)

List Price

$88,000 (LH)

Property Type:: Condo/Townhouse
Bedrooms:: 0
Full Baths:: 1
Half Baths:: 0

Land Area (sf):: 15,551
Living (sf):: 299
Lanai (sf):: 41
Other (sf):: --

Parking Stalls:: 0 - Other

MLS #:: 201807451
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-007-026-0218

List Date:: March 17, 2018
Date Sold:: May 18, 2018

REMARKS:

Inn on the Park! One of the more popular LEASEHOLD investment buildings. Recent discussions about adding a front desk in the lobby to allow short-term vacation rentals. Why spend extra cash when you can spend less than $100K to gain same rental revenue as a Fee Simple property. Superior location and secured high-rise building with short distances to Ala Moana Shopping Mall, Waikiki Beach, and Luxury Row. Maintenance fees include all utilities except for internet and telephone landline. Parking is available through possible wait-list and rental. Visit the Virtual Tour on the following link https://tours.360aaa.net/public/vtour/display/913714?idx=1

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Full

Year Built:: 1978
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $38,400
Assd. Val. Imprv:: $159,300
Assd. Val. Total:: $197,700

Tax Year:: 2017
Monthly Taxes:: $53
Home Exempt.:: $0

Maintenance Fees:: $471/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

Land Tenure: Leasehold
Fee Options: None
Lessor:: SBS INV

Lease Rent:: 242.19/2035
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: --
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Marina/Canal, Mountain, Ocean
Pool:: --
Amenities:: BBQ, Community Laundry, Other, Patio/Deck, Pool on Property, Resident Manager, Security Guard
Inclusions:: AC Window Unit, Cable TV, Kitchenware, Microwave, Refrigerator
Security:: Key, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:: Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: --

Lot Description:: --
Topography:: --
Number of Stories:: 21+
Building Style:: High-Rise 7+ Stories
Property Condition:: Above Average, Average
Construction:: Concrete
Roofing:: --
Floor Covering:: Ceramic Tile

Disclosures:: Property Disclosure Stmt
Possession:: 45 Days or Less, 45 Days or More, At Closing
Terms Accept.:: Cash
Land Recorded:: Land Court

Exclusions:: --
Easements:: --
Set-Backs:: --

Compensation*:: 3%
Compensation Type:: --

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, April 19, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Coldwell Banker Pacific Prop.