Waikiki Banyan
201 Ohua Ave #3410-2 (Ocean V
Honolulu, HI 96815

For Sale
Sold
Sold Price
$888,888 (FS)
List Price
$898,888 (FS)
Property Type:
Condo/Townhouse
Bedrooms:
1
Full Baths:
1
Half Baths:
0
Land Area (sf):
99,796
Living (sf):
533
Lanai (sf):
67
Other (sf):
--
Parking Stalls:
1 - Garage, Unassigned
Property Photo
MLS #:
202402833
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-025-005-0816
List Date:
Date Sold:

REMARKS:

Nestled in Waikiki, the Banyan offers luxury living with ocean views, modern interiors, and a secure, well-managed setup. This vacation rental has performed with prime short-term returns, making it an ideal investment. Steps from Waikiki Beach, it balances serenity with vibrant city life. Meticulously designed units maximize ocean panoramas on the 34th floor, ensuring a seamless indoor-outdoor experience. With elegant interiors blending soon-to-be modern amenities and Hawaiian charm, the Banyan offers comfort and relaxation. The property, managed by dedicated professionals (Midway Realty), boasts advanced security and maintenance services, ensuring a stable investment. Ideal for investors, the Banyan attracts vacationers with its prime location, stunning views, deeded parking stall, and the ability to create nearly $2 million in revenue (Parking Structure) to help fund large projects and keep the maintenance fees reasonable ensuring consistent returns. In the heart of Waikiki, the Banyan is a symbol of island living, inviting investors and seekers of dream getaways to experience the best of Waikiki's vibrant lifestyle. MFs include all utilities like electricity and internet.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Full
Year Built:
1977
Year Remodeled:
2016

FINANCIAL INFORMATION:

Assd. Val. Land:
$112,500
Assd. Val. Imprv:
$656,900
Assd. Val. Total:
$769,400
Tax Year:
2023
Monthly Taxes:
$189
Home Exempt.:
$0
Maintenance Fees:
$722/mo.
Association Fees:
--/mo.
Other Fees:
$52/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Ocean
Pool:
--
Amenities:
BBQ, Community Laundry, Fire Sprinkler, Patio/Deck, Playground, Pool on Property, Recreation Area, Restaurant, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool
Inclusions:
AC Window Unit, Cable TV, Disposal, Drapes, Kitchenware, Microwave Hood, Other, Range/Oven, Refrigerator, Smoke Detector
Security:
Card, Security Patrol, Video
Assn. Fee Inclusions:
Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:
Lease Rent
Lot Description:
--
Topography:
--
Number of Stories:
21+
Building Style:
Condotel, High-Rise 7+ Stories
Property Condition:
Excellent, Above Average
Construction:
Concrete
Roofing:
--
Floor Covering:
Ceramic Tile, W/W Carpet
Disclosures:
1031 Exchange, Mixed Use OK, Pets Allowed (Verify)
Possession:
45 Days or Less, 45 Days or More, At Closing, Subject to Rental Lease
Terms Accept.:
Cash, Conventional, 1031 Exchange
Land Recorded:
Dual Systems
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 Wednesday, May 1, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Coldwell Banker Realty