2425 Kuhio Ave #808

Bamboo
2425 Kuhio Ave #808
Honolulu, HI 96815

For Sale

Sold

Sold Price

$272,000 (FS)

List Price

$277,000 (FS)

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

Land Area (sf):: --
Living (sf):: 242
Lanai (sf):: 49
Other (sf):: --

Parking Stalls:: 0 - None

MLS #:: 202026714
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-023-067-0069

List Date:: October 08, 2020
Date Sold:: November 16, 2020

REMARKS:

Get ready for trans-Pacific visitors again! Legal Short term rental. Boutique hotel such as this will get lots of attention before the big hotels so prime up your investment now. Unit is entirely renovated, brand new sliding doors and split AC! Lanai has great city views and no blockage of another structure in front of it. Walk 1.5 block to the beach, minutes from the great shopping at International Marketplace and the Royal Hawaiian. On buslines to anywhere on the island and biki bike stations are everywhere to easily transport around. Unit was performing 90% occupancy pre-Covid and has the greatest potential to keep up with the economy as it's already a well known boutique hotel globally. NY Times pick reviewed it: "A hidden gem" and 1 of 3 "Waikiki hotels" as a NY Times Pick!

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PROPERTY INFORMATION:

Zoning:: 21 - Resort
Furnished:: Full

Year Built:: 1968
Year Remodeled:: 2020

FINANCIAL INFORMATION:

Assd. Val. Land:: $58,900
Assd. Val. Imprv:: $171,500
Assd. Val. Total:: $230,400

Tax Year:: 2019
Monthly Taxes:: $275
Home Exempt.:: $0

Maintenance Fees:: $530/mo.
Association Fees:: --/mo.
Other Fees:: $204/mo.

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: City
Pool:: --
Amenities:: BBQ, Community Laundry, Condo Association Pool, Patio/Deck, Pool on Property, Resident Manager, Security Guard, Trash Chute, Whirlpool
Inclusions:: AC Split, Ceiling Fan, Drapes, Kitchenware, Linens, Refrigerator, Smoke Detector
Security:: Card, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:: Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Special Assessment

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

Disclosures:: 1031 Exchange, Inactive Licensed Owner, Property Disclosure Stmt
Possession:: 45 Days or Less, At Closing, Subject to Rental Lease
Terms Accept.:: Cash, Conventional
Land Recorded:: Regular System

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 Friday, April 19, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of eXp Realty