1777 Ala Moana Blvd #207

Ilikai Apt Bldg
1777 Ala Moana Blvd #207
Honolulu, HI 96815

For Sale

Sold

Sold Price

$505,000 (FS)

List Price

$515,000 (FS)

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

Land Area (sf):: --
Living (sf):: 448
Lanai (sf):: 116
Other (sf):: --

Parking Stalls:: 0 - None

MLS #:: 202209143
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-010-007-1034

List Date:: May 08, 2022
Date Sold:: February 21, 2023

REMARKS:

The unit is in the hotel rental pool under Ilikai Hotel & Luxury Suites. This unit is one of 39 units on the 2nd floor remodeled by the developer in 2016. It has an open full kitchen, granite countertop, stainless steel appliances, cooktop oven, granite bathroom and shower, split AC, double-layered curtain, etc. Easy access to the 2nd-floor pool deck. Amazing location in Waikiki with proximity to beautiful beaches. Ala Moana Shopping Center, world-class dining, and nightlife. **Since this building is in Resort Mixed Use Precinct, the owner has the option to go with hotel management or short-term vacation rental. (For short-term vacation rental, the owner must use Ilikai hotel housekeeping services for these newly redeveloped units.). **Ilikai hotel will replace the carpet on 12/09 but the sofa replacement schedule is pending. The seller already paid for the cost. But if the buyer purchases this unit before the replacement and doesn't choose the hotel management contract, this replacement won't be provided. **Occupancy rate: 2018=89.14%, 2019=83.24%, 2020(Covid-19)=25.41%, 2021(Covid-19)=47.58%, 2022(till April)=72.18%, please check the attached statements.

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PROPERTY INFORMATION:

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

Year Built:: 1965
Year Remodeled:: 2016

FINANCIAL INFORMATION:

Assd. Val. Land:: $122,100
Assd. Val. Imprv:: $294,800
Assd. Val. Total:: $416,900

Tax Year:: 2021
Monthly Taxes:: $490
Home Exempt.:: $0

Maintenance Fees:: $557/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City
Pool:: --
Amenities:: Community Laundry, Concierge, Condo Association Pool, Patio/Deck, Resident Manager, Restaurant, Security Guard, Valet
Inclusions:: AC Split, Cable TV, Drapes, Kitchenware, Linens, Microwave Hood, Microwave, Range/Oven, Refrigerator, Smoke Detector
Security:: Security Patrol, Video
Assn. Fee Inclusions:: Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: --

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

Disclosures:: None
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

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 Saturday, April 27, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Kaina Hale Hawaii Realty Inc.