1850 Ala Moana Blvd #212

Palms at Waikiki
1850 Ala Moana Blvd #212
Honolulu, HI 96815

For Sale

Sold

Sold Price

$397,000 (FS)

List Price

$399,000 (FS)

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

Land Area (sf):: --
Living (sf):: 322
Lanai (sf):: 41
Other (sf):: --

Parking Stalls:: 1 - Assigned, Covered - 1, Guest, Secured Entry

MLS #:: 202317053
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-012-003-0014

List Date:: July 24, 2023
Date Sold:: August 28, 2023

REMARKS:

Incredible opportunity to purchase a 5-star rated, fully furnished, reputable turn-key vacation rental with consistent growth in income, year after year. Current bookings secured extend to September 2024 which can conveyed with the sale. Designed and renovated w/ high quality furnishings/finishes maximizing overall returns. Larger studio floorpan w/ PARKING, plus lanai, showcasing a picturesque cityscape and peekaboo Diamond Head views, WOW! South facing, and preferred side of the building, this unit is located same level as the pool & BBQ, vending/Ice machines & fitness room, how convenient. Contemporary island vibe with a hand painted mural mural sets a backdrop for this high performing, truly unique unit. Established higher nightly rates & occupancy % distinctively sets this home apart from the rest. Great opportunity to diversify your portfolio with a rental like no other. Boutique Condotel offering with recently updated common areas. Sizable inventory transferred with the sale. The consistency in occupancy is built into the reputation with over 147 Reviews! The ratings and numbers speak for itself, come take a look and see why this may the one you've been waiting for.

View Map

PROPERTY INFORMATION:

Zoning:: 18 - AMX-3 High Density Apt Mix
Furnished:: Full

Year Built:: 1970
Year Remodeled:: 2019

FINANCIAL INFORMATION:

Assd. Val. Land:: $68,600
Assd. Val. Imprv:: $263,900
Assd. Val. Total:: $332,500

Tax Year:: 2023
Monthly Taxes:: $352
Home Exempt.:: $0

Maintenance Fees:: $676/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: City, Diamond Head, Mountain
Pool:: --
Amenities:: BBQ, Condo Association Pool, Exercise Room, Fire Sprinkler, Other, Patio/Deck, Pool on Property, Restaurant, Security Guard
Inclusions:: AC Central, Cable TV, Drapes, Linens, Microwave, Refrigerator, Smoke Detector
Security:: Card, Key, Security Patrol, Video
Assn. Fee Inclusions:: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: None

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

Disclosures:: Licensed Owner, Listor Owner, Property Disclosure Stmt
Possession:: 45 Days or Less, At Closing, Negotiable
Terms Accept.:: Cash, Other
Land Recorded:: Land Court

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

Compensation*:: 2.5
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 Saturday, April 27, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Refined Real Estate Hawaii LLC