2465 Kuhio Ave #720

2465 Kuhio at Waikiki
2465 Kuhio Ave #720
Honolulu, HI 96815

For Sale

Sold

Sold Price

$930,000 (FS)

List Price

$980,000 (FS)

Property Type:: Condo/Townhouse
Bedrooms:: 2
Full Baths:: 2
Half Baths:: 0

Land Area (sf):: 21,432
Living (sf):: 989
Lanai (sf):: 130
Other (sf):: --

Parking Stalls:: 1 - Assigned, Open - 1

Sale Conditions:

Subject To Replacement Property

MLS #:: 202319399
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-023-072-0035

List Date:: August 21, 2023
Date Sold:: November 17, 2023

REMARKS:

RESORT ZONED & SHORT TERM RENTALS ARE LEGAL in this building!! This 2 bedroom, 2 bath unit with 1 covered parking is only two blocks away from the famous Waikiki Beach! Currently rented as two separate units until 1/31/24. Tenants in 1 bedroom unit with 1 parking are paying $1, 770.00. Tenants in the studio unit are paying $1, 200.00. Kuhio at Waikiki is a secured, PET FRIENDLY building conveniently located around eateries, entertainment and shopping. This building includes a Resident Manager, surfboard storage, bike storage, community laundry and more. Maintenance fees of $800.00/month include electricity, gas, hot water, water, sewer, and common area electricity. There is a special assessment of $416.42 for repairs and painting of the building and to fund emergency repairs to the building ending December 2025. To be sold in AS IS Condition & subject to Seller finding replacement property for 1031 Exchange.

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PROPERTY INFORMATION:

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

Year Built:: 1971
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $38,000
Assd. Val. Imprv:: $676,600
Assd. Val. Total:: $714,600

Tax Year:: 2023
Monthly Taxes:: $208
Home Exempt.:: $0

Maintenance Fees:: $800/mo.
Association Fees:: --/mo.
Other Fees:: $416/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: Other
Pool:: --
Amenities:: Community Laundry, Meeting Room, Resident Manager, Trash Chute
Inclusions:: Range/Oven, Refrigerator, Smoke Detector
Security:: Card, Key, Keyed Elevator, Video
Assn. Fee Inclusions:: Gas, Hot Water, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Special Assessment

Lot Description:: --
Topography:: --
Number of Stories:: --
Building Style:: High-Rise 7+ Stories
Property Condition:: Average
Construction:: Concrete
Roofing:: --
Floor Covering:: Laminate, Vinyl

Disclosures:: 1031 Exchange, Pets Allowed (Verify), Property Disclosure Stmt
Possession:: Subject to Rental Lease
Terms Accept.:: Cash, Conventional
Land Recorded:: Regular System

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 Sunday, April 28, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Lani Properties Corp.