444 Niu St #1007

Hawaiian Monarch
444 Niu St #1007
Honolulu, HI 96815

For Sale

Sold

Sold Price

$289,000 (FS)

List Price

$289,900 (FS)

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

Land Area (sf):: 38,463
Living (sf):: 223
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 0 - None

MLS #:: 202310953
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-014-032-0207

List Date:: May 17, 2023
Date Sold:: August 31, 2023

REMARKS:

Beautifully renovated studio with kitchenette and spectacular Ocean, Diamond Head, Ala Wai and mountain views perfect for investors. The Hawaiian Monarch is legal for short term and vacation rentals, as well as long term rentals, and is ideal for Airbnb with its fabulous amenities including a resort type pool, hot tub, barbeque grills, picnic area, fitness center, laundry, restaurants, pub and convenience store, and is an centrally located near Waikiki's beaches, restaurants, shops and bus lines and in walking distance of the Ala Moana Mall. The building is very secure with 24 hour security guards, security cameras and keyed elevator. This unit is currently dedicated for residential use (long term rentals of 30 days or more). The dedication expires on June 30, 2023 at which time property will be zoned for short term vacation rentals. Please contact The Real Property Assessment Division if you would like additional details. Please note that the current taxes are based on residential status and will increase when residential dedication expires. Tenant's lease expires 8/27/23. Current rent is $1400 per month.

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Full

Year Built:: 1979
Year Remodeled:: 2019

FINANCIAL INFORMATION:

Assd. Val. Land:: $80,300
Assd. Val. Imprv:: $112,400
Assd. Val. Total:: $192,700

Tax Year:: 2022
Monthly Taxes:: $56
Home Exempt.:: $0

Maintenance Fees:: $453/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: Diamond Head, Marina/Canal, Mountain, Ocean
Pool:: --
Amenities:: BBQ, Community Laundry, Exercise Room, Patio/Deck, Pool on Property, Recreation Area, Restaurant, Security Guard, Whirlpool
Inclusions:: AC Window Unit, Cable TV, Microwave, Refrigerator, Smoke Detector
Security:: Card, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:: Cable TV, Hot Water, Sewer, Water, None
Other Fee Inclusions:: --

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

Disclosures:: Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash
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 Thursday, April 18, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Trans-Pacific Realty Inc.