For Sale: Active

Hale Walina
424 Walina St #43
Honolulu, HI 96815

$150,000 (LH)
List Price
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
6,360
Living (sf):
418
Lanai (sf):
52
Other (sf):
--
Parking Stalls:
0 - None, Street
MLS #:
202406241
TMK:
1-2-6-021-019-0014
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI

REMARKS:

***Investor Alert: Studio Condo in Waikiki's Hale Walina*** Discover investment potential with this well-located studio condo, just a block from the International Marketplace and across from the new Waikiki Market. Originally designed as a one-bedroom unit, it has been smartly converted into an open-plan studio, enhancing its spacious feel and increasing its appeal for long-term tenants. Positioned in the vibrant heart of Waikiki, close to an array of dining, shopping, and beach options, this property is ideally suited for long-term rentals, offering a consistent revenue stream in a high-demand area. Hale Walina's amenities, including a pool and BBQ grill, add to the living experience, making it attractive to potential residents. This condo is available with negotiable furniture, allowing for a quick setup for new tenants. The leasehold expires in September 2034, providing a clear investment timeline. This is an excellent opportunity for investors seeking a steady income property in a prime location. Leasehold Expires 09/2034

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Negotiable
Year Built:
1965
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$108,600
Assd. Val. Imprv:
$188,100
Assd. Val. Total:
$296,700
Tax Year:
2024
Monthly Taxes:
$25
Home Exempt.:
$160,000
Maintenance Fees:
$661/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.
Land Tenure:
--
FeeOptions
None
Lessor:
AOAO of Hale Walina
Lease Rent:
410.07/2034
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
--
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

Elementary School:
Jefferson
Middle School:
Washington
High School:
Kaimuki

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, May 17, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Ohana Investment Realty LLC