For Sale: Active

Hawaiian King
417 Nohonani St #405
Honolulu, HI 96815

$130,000 (LH)
List Price
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
15,594
Living (sf):
468
Lanai (sf):
90
Other (sf):
--
Parking Stalls:
0 - None
MLS #:
202406370
TMK:
1-2-6-021-102-0043
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI

REMARKS:

LEGAL SHORT-TERM RENTAL (NONCONFORMING HOTEL EXEMPTED FROM STR PERMIT) - Hawaiian King with it's 1950's art deco style offers a great opportunity to have a short-term rental property with a renovated, full kitchen, nice pool and on site laundry making a great investment property or place to call home. Property sold with furnishings and is currently rented through 3-28-2024. Located in the heart of Waikiki with shopping, dining & beaches all within walking distance and easy access to public transportation (no parking on property). MF includes water, sewer, cable, on-site manager, and common area maintenance; other fee is the electric (monthly average) which varies with usage and billed quarterly. Lease Rent through 2036; Lessor approval / consent required; buyer will need to submit application packet with $500 fee and buyer's financials to Queen Emma within 10 days of acceptance in order to receive Lessor approval and consent prior to closing; additionally Queen Emma requires 6 months of Lease Rent reserves upfront to be paid by buyer with escrow closing.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Full
Year Built:
1959
Year Remodeled:
2018

FINANCIAL INFORMATION:

Assd. Val. Land:
$210,400
Assd. Val. Imprv:
$99,500
Assd. Val. Total:
$309,900
Tax Year:
2024
Monthly Taxes:
$452
Home Exempt.:
$0
Maintenance Fees:
$623/mo.
Association Fees:
--/mo.
Other Fees:
$175/mo.
Land Tenure:
--
FeeOptions
None
Lessor:
Queen Emma Land Co
Lease Rent:
359.46/2036
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 Sunday, May 19, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Hawaii Dream Realty LLC