2427 Kuhio Ave #2805

Pacific Monarch
2427 Kuhio Ave #2805
Honolulu, HI 96815

For Sale

Sold

Sold Price

$450,000 (FS)

List Price

$470,000 (FS)

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

Land Area (sf):: 16,335
Living (sf):: 356
Lanai (sf):: 58
Other (sf):: --

Parking Stalls:: 0 - None

MLS #:: 202113191
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-023-056-0183

List Date:: June 01, 2021
Date Sold:: July 20, 2021

REMARKS:

Great location, just 2 blocks from the Waikiki Beach. Rarely available high floor studio unit with open lanai. Unit is now being operated by OLS Hotels & Resorts that provides outstanding hotel services and guaranteed income program (currently suspended due to force majeure). Fully furnished and completely renovated in 2012. Still in excellent condition, well maintained by daily housekeeping service and in-house maintenance team by OLS Hotels. Ideal property for both investment and 2nd home in paradise. Pool and jacuzzi located in rooftop, enjoy sweeping view of ocean, city and mountain.

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PROPERTY INFORMATION:

Zoning:: X6 - Resort Mixed Use Precinct
Furnished:: Full

Year Built:: 1980
Year Remodeled:: 2012

FINANCIAL INFORMATION:

Assd. Val. Land:: $87,500
Assd. Val. Imprv:: $281,200
Assd. Val. Total:: $368,700

Tax Year:: 2020
Monthly Taxes:: $384
Home Exempt.:: $0

Maintenance Fees:: $665/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

SCHOOLS:

Elem. School:: Jefferson
Middle School:: Washington
High School:: Kaimuki

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: City, Mountain, Ocean
Pool:: --
Amenities:: Community Laundry, Condo Association Pool, Meeting Room, Recreation Room, Resident Manager, Sauna, Trash Chute, Whirlpool
Inclusions:: AC Window Unit, Cable TV, Ceiling Fan, Drapes, Microwave, Smoke Detector
Security:: Card, Security Patrol
Assn. Fee Inclusions:: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: None

Lot Description:: --
Topography:: --
Number of Stories:: 21+
Building Style:: Condotel, High-Rise 7+ Stories
Property Condition:: Excellent
Construction:: Concrete
Roofing:: --
Floor Covering:: Ceramic Tile, W/W Carpet

Disclosures:: Non Resident Owner
Possession:: Subject to Rental Lease
Terms Accept.:: Cash, 1031 Exchange
Land Recorded:: Regular System

Exclusions:: Other
Easements:: --
Set-Backs:: --

Compensation*:: 3%
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 Map Vision Inc.