Inn On The Park
1920 Ala Moana Blvd #602
Honolulu, HI 96815

For Sale
Sold
Sold Price
$85,000 (LH)
List Price
$89,000 (LH)
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
15,551
Living (sf):
281
Lanai (sf):
40
Other (sf):
--
Parking Stalls:
0 - None
Property Photo
MLS #:
202316527
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-007-026-0011
List Date:
Date Sold:

REMARKS:

Invest in Waikiki's affordable 30 Day Hotel-Style properties with low HOA fees: Inn On The Park. Nestled between the Luxury Hotel District In Waikiki, Waikiki Landmark and Fort DeRussy Park, this High-Rise Hawaiian Resort has the essential amenities vacationers seek, like BBQ, community laundry, pool, recreation area, and 24/7 security. This Turnkey, furnished unit has everything an investor needs to start cashflowing, from kitchenware and bedding to toiletries, furnishings and an experienced property manager with high occupancy percentages. The unit's current 12 Year Lease ensures uninterrupted rentals for more than a decade to come | Professionally re-imagined, artfully redesigned & skillfully renovated for multi-week/month living, this unique, fully furnished 280+ Sq Ft Studio features an high functioning Kitchenette & Bath, Vanity & LVP Flooring for modern living & easy maintenance. Thoughtful touches include extended stay Hotel-style room amenities, Queen Bed & Outdoor Patio Furniture, making this condo ideal for both mid-term residents & vacationers.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Full
Year Built:
1978
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$54,400
Assd. Val. Imprv:
$159,900
Assd. Val. Total:
$214,300
Tax Year:
2022
Monthly Taxes:
$63
Home Exempt.:
$0
Maintenance Fees:
$512/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.
Land Tenure
Leasehold
Fee Options
None
Lessor:
SBS Investment
Lease Rent:
237.35/2035
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
--
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City
Pool:
--
Amenities:
BBQ, Community Association Pool, Community Laundry, Fire Sprinkler, Patio/Deck, Pool on Property, Security Guard
Inclusions:
AC Window Unit, Cable TV, Drapes, Kitchenware, Linens, Microwave, Refrigerator
Security:
Key, Security Patrol
Assn. Fee Inclusions:
Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
Other Fee Inclusions:
None
Lot Description:
--
Topography:
--
Number of Stories:
15-20
Building Style:
High-Rise 7+ Stories
Property Condition:
Above Average
Construction:
Concrete
Roofing:
--
Floor Covering:
Laminate
Disclosures:
Licensed Owner, Property Disclosure Stmt
Possession:
45 Days or Less, At Closing, Negotiable
Terms Accept.:
Cash, Seller Financing
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, May 2, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of eXp Realty