2421 Ala Wai Blvd #602

Ala Wai Townhouse
2421 Ala Wai Blvd #602
Honolulu, HI 96815

For Sale

Sold

Sold Price

$93,000 (LH)

List Price

$98,000 (LH)

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

Land Area (sf):: 18,905
Living (sf):: 833
Lanai (sf):: 0
Other (sf):: --

Parking Stalls:: 1 - Assigned, Covered - 1

MLS #:: 202403416
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-024-073-0014

List Date:: February 12, 2024
Date Sold:: April 09, 2024

REMARKS:

Discover a unique investment or living opportunity in Waikiki with this Leasehold 2-bedroom, 2-bath condo, offering serene views of the Ala Wai canal and mountains. Situated in a secure, well-managed, and pet-friendly building, this property features a keyed elevator, surf board storage, and a communal pool. The unit is designed for flexible living, with two separate entrances and mailboxes, catering to different living arrangements. The first entrance leads to a 1-bedroom, 1-bath space complete with a full kitchen, enclosed lanai with breezes and an in-unit washer/dryer, while the second opens to a studio-bedroom with a full bath. Currently divided and rented as two units (602 and 602A), both with their own entries and mailboxes. Assigned covered parking stall adds to the convenience. Alternatively, occupy one unit and rent the other to enjoy the best of both worlds in this bright and breezy unit. $98, 000 for unit, Fee Available for an additional $404, 500 (Fee expires in 2029). Come see it today!

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Negotiable

Year Built:: 1973
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $65,900
Assd. Val. Imprv:: $542,400
Assd. Val. Total:: $608,300

Tax Year:: 2024
Monthly Taxes:: $153
Home Exempt.:: $0

Maintenance Fees:: $644/mo.
Association Fees:: --/mo.
Other Fees:: $50/mo.

Land Tenure: Leasehold
Fee Options: Fee Available
Lessor:: Orlando Co Ltd

Lease Rent:: 76.00/2029
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: $404,500
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: Marina/Canal, Mountain
Pool:: --
Amenities:: Pool on Property, Resident Manager, Trash Chute
Inclusions:: Cable TV, Ceiling Fan, Dryer, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
Security:: Key, Keyed Elevator
Assn. Fee Inclusions:: Cable TV, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Other Common Expenses

Lot Description:: --
Topography:: --
Number of Stories:: One
Building Style:: High-Rise 7+ Stories
Property Condition:: Average
Construction:: Concrete
Roofing:: --
Floor Covering:: Ceramic Tile, Laminate, W/W Carpet

Disclosures:: Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

Exclusions:: --
Easements:: --
Set-Backs:: --

Compensation*:: 3
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 RE/MAX Honolulu