For Sale: Sold

Palms at Waikiki
1850 Ala Moana Blvd #816
Honolulu, HI 96815

$399,000 (FS)
Sold Price
$405,000 (FS)
List Price
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
--
Living (sf):
321
Lanai (sf):
42
Other (sf):
--
Parking Stalls:
1 - Assigned, Covered - 1, Secured Entry
MLS #:
202300764
TMK:
1-2-6-012-003-0170
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI

REMARKS:

Fully furnished legal vacation rental in the heart of Waikiki with a dedicated parking stall! This Palms at Waikiki studio produces about $3, 000-$5, 000 in monthly gross income depending on the season. Comes with central AC, king size bed, sofa sleeper, wall mounted TV, working desk, small fridge, microwave, cooktop, and a nice size outdoor lanai with views of Fort Derussy park, the top of Diamond Head, and partial ocean views. Maintenance fee includes all utilities. Building amenities include a swimming pool, BBQ area, gym, meeting room, and 24-hour security. Tastefully renovated as a hotel room in 2020, unit is managed outside of the hotel pool, but guests can still check in with the front desk. Centrally located walking distance to the many shopping and dining options Waikiki has to offer, hotels, Ala Moana Shopping Center, and the beach. Reach out to receive the income statements and use the same management company. Don't miss out on this rare opportunity to earn this high income producing vacation rental. Come see it today before it's too late!

PROPERTY INFORMATION:

Zoning:
AM - Apartment Mixed Use
Furnished:
Full
Year Built:
1970
Year Remodeled:
2020

FINANCIAL INFORMATION:

Assd. Val. Land:
$66,900
Assd. Val. Imprv:
$246,800
Assd. Val. Total:
$313,700
Tax Year:
2022
Monthly Taxes:
$368
Home Exempt.:
$0
Maintenance Fees:
$489/mo.
Association Fees:
--/mo.
Other Fees:
$185/mo.

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 18, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Compass