235 Liliuokalani Ave #234

Kon Tiki Hotel Annex
235 Liliuokalani Ave #234
Honolulu, HI 96815

For Sale

Sold

Sold Price

$125,000 (LH)

List Price

$125,000 (LH)

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

Land Area (sf):: 13,547
Living (sf):: 323
Lanai (sf):: 0
Other (sf):: --

Parking Stalls:: 0 - None

MLS #:: 202308736
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-025-033-0026

List Date:: April 10, 2023
Date Sold:: July 27, 2023

REMARKS:

Kon Tiki is a great investment or place to call "home". Fully renovated in 2016 includes refurbished 50's style sink / countertop combo, new cabinets, Quartz countertops, waterproof laminate flooring, ceiling fan, furnishings & decorations. Unit to be sold AS IS with appliances and furnishings. 2nd floor unit good for breezes plus the window AC for those hot summer days; building is a three-story walkup (no elevators). Nice pool on property with a covered patio area and resident manager onsite also. Parking is not included and there is a waiting list to rent a stall from the resident manager (available for long-term residents or owners residing on property), but you do not need a car when all of Waikiki Beach is your "back yard", everything is walking distance or a short bus / bike ride away. Best features: location - 2 mins to Waikiki Beach, condition - turnkey investment and favorable Lease Rent terms - long lease through 2051! Daily rentals or less than 30 days not allowed per zoning. Unit has great income as 30-day min rental - $23, 199.15 in 2022; MF includes electric, gas, water/sewer & hot water. Showing by appointment with advance notice; do not disturb current guests.

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Negotiable

Year Built:: 1960
Year Remodeled:: 2016

FINANCIAL INFORMATION:

Assd. Val. Land:: $101,500
Assd. Val. Imprv:: $102,100
Assd. Val. Total:: $203,600

Tax Year:: 2023
Monthly Taxes:: $56
Home Exempt.:: $0

Maintenance Fees:: $486/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

Land Tenure: Leasehold
Fee Options: None
Lessor:: MUN LILIUOKALANI LLC

Lease Rent:: 182.93/2051
Next Step-Up:: --/--
2nd Step-Up:: --/--

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

SCHOOLS:

Elem. School:: Jefferson
Middle School:: Washington
High School:: Kaimuki

OTHER PROPERTY FEATURES:

Frontage:: --
View:: None
Pool:: --
Amenities:: Condo Association Pool, Patio/Deck, Pool on Property, Resident Manager
Inclusions:: AC Window Unit, Ceiling Fan, Range/Oven, Refrigerator, Smoke Detector
Security:: Key, Video
Assn. Fee Inclusions:: Electricity, Gas, Hot Water, Sewer, Water
Other Fee Inclusions:: Lease Rent

Lot Description:: --
Topography:: --
Number of Stories:: One
Building Style:: Low-Rise 6 or Less Stories, Walk-Up
Property Condition:: Excellent, Above Average
Construction:: Masonry/Stucco
Roofing:: --
Floor Covering:: Laminate

Disclosures:: Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash
Land Recorded:: Dual Systems

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

Compensation*:: 2.75
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 Sunday, May 19, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Hawaii Dream Realty LLC