Luana Waikiki
2045 Kalakaua Ave #212
Honolulu, HI 96815

For Sale
Sold
Sold Price
$395,000 (FS)
List Price
$400,000 (FS)
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
--
Living (sf):
313
Lanai (sf):
34
Other (sf):
--
Parking Stalls:
0 - None
Property Photo
MLS #:
202306462
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-006-002-0026
List Date:
Date Sold:

REMARKS:

Shows pride of ownership. Lovingly maintained and upgraded by the owner who used this as their favorite vacation home in paradise. Strong rental income, currently managed by the Aqua front desk operator. Rare two (!) Queen bed configuration for maximum cash flow. Pristine condition in a quality well-managed boutique condotel building next to Fort DeRussy Park. Treetop views above the adjacent former Japanese restaurant. Unit #212 is at the equivalent height of a 4th-floor elevation. $868.23/mo total maintenance fee for 2023 includes $305.91 capital reserves and $84.77 loan payment for completed building upgrades, e.g., new lanai sliding doors and lanai railings. The building looks sharp inside and out. Huge pool deck and a gym. Get the best of both worlds: Maximizing cash flow potential with short-term rental flexibility, plus a top-quality lifestyle in the heart of Waikiki. ---> 5.11.2023: Escrow looks shaky, please submit your backup offer now.

PROPERTY INFORMATION:

Zoning:
X6 - Resort Mixed Use Precinct
Furnished:
Full
Year Built:
1971
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$88,800
Assd. Val. Imprv:
$242,700
Assd. Val. Total:
$331,500
Tax Year:
2023
Monthly Taxes:
$371
Home Exempt.:
$0
Maintenance Fees:
$868/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Garden, Sunrise
Pool:
--
Amenities:
BBQ, Exercise Room, Heated Pool, Patio/Deck
Inclusions:
AC Window Unit, Cable TV, Convection Oven, Drapes, Kitchenware, Refrigerator, Smoke Detector
Security:
Key, Video
Assn. Fee Inclusions:
Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:
--
Lot Description:
--
Topography:
--
Number of Stories:
15-20
Building Style:
Condotel, High-Rise 7+ Stories
Property Condition:
Excellent
Construction:
Concrete, Masonry/Stucco
Roofing:
--
Floor Covering:
Marble/Granite
Disclosures:
1031 Exchange
Possession:
45 Days or Less, At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Land Court
Exclusions:
--
Easements:
--
Set-Backs:
--
Compensation*:
2.5

* 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 Tuesday, February 27, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Hawaii Living LLC