201 Ohua Ave #3810 II

Waikiki Banyan
201 Ohua Ave #3810 II
Honolulu, HI 96815

For Sale

Active Under Contract

List Price

$310,000 (LH)

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

Land Area (sf):: 99,796
Living (sf):: 533
Lanai (sf):: 67
Other (sf):: --

Parking Stalls:: 1 - Covered - 1, Garage, Guest, Open - 1, Unassigned

MLS #:: 202404228
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-025-005-0872

List Date:: February 26, 2024

REMARKS:

Rarely available Tower II PENTHOUSE unit. 3810 is LEASEHOLD with spectacular panoramic views of the sparkling blue Pacific and the cool greens of Kapiolani Park. Just a city block to Waikiki Beach, and accessible to the sights, shops and eateries that the town has to offer. This special unit has 10-foot ceilings, nicely renovated with an open kitchen and an extra door added from kitchen to bathroom. An additional BIG perk is that the building allows daily rentals. Also an unassigned garage parking stall for the unit and ample guest parking. With its location and amenities, Waikiki Banyan is very popular with visitors. 3810 has provided the owners with consistent returns during their almost 20 years ownership. Do not miss this OPPORTUNITY to have eleven years (remaining time on the lease) to enjoy this exceptional view and steady income stream!!

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Full

Year Built:: 1977
Year Remodeled:: 2020

FINANCIAL INFORMATION:

Assd. Val. Land:: $109,000
Assd. Val. Imprv:: $510,400
Assd. Val. Total:: $619,400

Tax Year:: 2023
Monthly Taxes:: $81
Home Exempt.:: $0

Maintenance Fees:: $722/mo.
Association Fees:: --/mo.
Other Fees:: $52/mo.

Land Tenure: Leasehold
Fee Options: None
Lessor:: WBS Suites LLC

Lease Rent:: 400.00/2035
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: --
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: City, Coastline, Diamond Head, Mountain, Ocean
Pool:: --
Amenities:: BBQ, Community Association Pool, Community Laundry, Fire Sprinkler, Patio/Deck, Playground, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Storage, Tennis Court, Trash Chute, Whirlpool
Inclusions:: AC Window Unit, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave, Other, Range/Oven, Refrigerator, Smoke Detector
Security:: Key, Security Patrol, Video
Assn. Fee Inclusions:: Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Lease Rent

Lot Description:: --
Topography:: --
Number of Stories:: 21+
Building Style:: Condotel, High-Rise 7+ Stories
Property Condition:: Above Average
Construction:: Concrete, Double Wall, Masonry/Stucco
Roofing:: --
Floor Covering:: Ceramic Tile, Laminate

Disclosures:: Pets Allowed (Verify), Property Disclosure Stmt
Possession:: 45 Days or Less, Subject to Rental Lease
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 Wednesday, May 1, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Coldwell Banker Realty