Palms at Waikiki
1850 Ala Moana Blvd #816
Honolulu, HI 96815

For Sale
Sold
Sold Price
$399,000 (FS)
List Price
$405,000 (FS)
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
--
Living (sf):
321
Lanai (sf):
42
Other (sf):
--
Parking Stalls:
1 - Assigned, Covered - 1, Secured Entry
Property Photo
MLS #:
202300764
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-012-003-0170
List Date:
Date Sold:

REMARKS:

Fully furnished legal vacation rental in the heart of Waikiki with a dedicated parking stall! This Palms at Waikiki studio produces about $3, 000-$5, 000 in monthly gross income depending on the season. Comes with central AC, king size bed, sofa sleeper, wall mounted TV, working desk, small fridge, microwave, cooktop, and a nice size outdoor lanai with views of Fort Derussy park, the top of Diamond Head, and partial ocean views. Maintenance fee includes all utilities. Building amenities include a swimming pool, BBQ area, gym, meeting room, and 24-hour security. Tastefully renovated as a hotel room in 2020, unit is managed outside of the hotel pool, but guests can still check in with the front desk. Centrally located walking distance to the many shopping and dining options Waikiki has to offer, hotels, Ala Moana Shopping Center, and the beach. Reach out to receive the income statements and use the same management company. Don't miss out on this rare opportunity to earn this high income producing vacation rental. Come see it today before it's too late!

PROPERTY INFORMATION:

Zoning:
AM - Apartment Mixed Use
Furnished:
Full
Year Built:
1970
Year Remodeled:
2020

FINANCIAL INFORMATION:

Assd. Val. Land:
$66,900
Assd. Val. Imprv:
$246,800
Assd. Val. Total:
$313,700
Tax Year:
2022
Monthly Taxes:
$368
Home Exempt.:
$0
Maintenance Fees:
$489/mo.
Association Fees:
--/mo.
Other Fees:
$185/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Diamond Head, Ocean
Pool:
--
Amenities:
BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Resident Manager, Restaurant, Security Guard
Inclusions:
AC Central, Auto Garage Door Opener, Cable TV, Kitchenware, Microwave, Refrigerator, Smoke Detector
Security:
Card, Security Patrol, Video
Assn. Fee Inclusions:
AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:
--
Lot Description:
--
Topography:
--
Number of Stories:
8-14
Building Style:
High-Rise 7+ Stories
Property Condition:
Excellent
Construction:
Concrete
Roofing:
--
Floor Covering:
Ceramic Tile, W/W Carpet
Disclosures:
Property Disclosure Stmt, See Remarks
Possession:
45 Days or Less, 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 Wednesday, May 1, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Compass