1088 Bishop St #1201

Executive Centre
1088 Bishop St #1201
Honolulu, HI 96813

For Sale

Sold

Sold Price

$190,000 (LH)

List Price

$192,000 (LH)

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

Land Area (sf):: 58,370
Living (sf):: 525
Lanai (sf):: --
Other (sf):: --

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

MLS #:: 201910737
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: DOWNTOWN
TMK:: 1-2-1-012-004-0128

List Date:: April 16, 2019
Date Sold:: October 31, 2019

REMARKS:

LEASEHOLD with a long lease until 2053. This tower suite 1BR/1BA offers floor-to-ceiling glass windows, an efficient floor plan, newly upgraded full kitchen, bath, flooring, and comes fully furnished including an assigned covered parking stall. Enjoy the low floor views of the mountain and the brilliant colors of city lights. Great mix use as rental investment generated an avg. gross income of $5, 276 per month from Jul-Dec '18 and/or enjoy as a vacation or primary home or simply as a office living suite. Executive Centre is a reputable mixed use building conveniently located in short distances to offices, Hawaii Pacific University, eateries, chinatown, bus-lines & many more essentials of the downtown Honolulu district. View Photo Gallery and Floor Plan: http://bit.ly/ExecutiveCentre1201

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PROPERTY INFORMATION:

Zoning:: 34 - BMX-4 Central Business Mix
Furnished:: Full

Year Built:: 1984
Year Remodeled:: 2017

FINANCIAL INFORMATION:

Assd. Val. Land:: $32,100
Assd. Val. Imprv:: $303,600
Assd. Val. Total:: $335,700

Tax Year:: 2019
Monthly Taxes:: $350
Home Exempt.:: $0

Maintenance Fees:: $640/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

Land Tenure: Leasehold
Fee Options: Fee Available
Lessor:: AOAO EXEC CTR

Lease Rent:: 297.41/2053
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: $153,634
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

Elem. School:: Royal
Middle School:: Central
High School:: Mckinley

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Mountain
Pool:: --
Amenities:: Community Laundry, Exercise Room, Patio/Deck, Pool on Property, Resident Manager, Restaurant, Security Guard, Trash Chute, Whirlpool
Inclusions:: AC Central, Cable TV, Disposal, Drapes, Kitchenware, Linens, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector
Security:: Key, Security Patrol, Video
Assn. Fee Inclusions:: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: None

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

Disclosures:: Mixed Use OK, Property Disclosure Stmt
Possession:: 45 Days or More, At Closing, Subject to Rental Lease
Terms Accept.:: Cash, Other
Land Recorded:: Dual Systems

Exclusions:: --
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, April 24, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of BHGRE Advantage Realty