417 Nohonani St #212

Hawaiian King
417 Nohonani St #212
Honolulu, HI 96815

For Sale

Active

List Price

$99,000 (LH)

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

Land Area (sf):: 15,594
Living (sf):: 468
Lanai (sf):: 90
Other (sf):: --

Parking Stalls:: 0 - None

MLS #:: 202404903
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-021-102-0022

List Date:: March 06, 2024

REMARKS:

LEGAL SHORT-TERM RENTAL- See supplement letter from DPP stating the Hawaiian King is a "nonconforming hotel" and EXEMPT FROM STR PERMIT (only unit to receive a letter, no other owners appealed or hired attorney to fight). Hawaiian King with it's 1950's art-deco style is a unique property for sure. Great opportunity to have a rental property with a full kitchen, nice pool and on-site laundry making a great investment property or place to call home. Shower pipes & fixtures were just replaced. MF includes water, sewer, cable, on-site manager, and common area maintenance; other fee is the electric monthly average which varies with usage and billed quarterly. Located in the heart of Waikiki with shopping, dining & beaches all within walking distance and easy access to public transportation (note no parking on property). Lease Rent to 2036; lessor approval / consent required. Buyer will need to submit application packet with $500 fee and buyer's financials to Queen Emma within 10 days of acceptance in order to receive Lessor approval and consent prior to closing; additionally Queen Emma requires 6 months of Lease Rent reserves upfront.

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Partial

Year Built:: 1959
Year Remodeled:: 2015

FINANCIAL INFORMATION:

Assd. Val. Land:: $210,400
Assd. Val. Imprv:: $98,500
Assd. Val. Total:: $308,900

Tax Year:: 2024
Monthly Taxes:: $449
Home Exempt.:: $0

Maintenance Fees:: $623/mo.
Association Fees:: --/mo.
Other Fees:: $175/mo.

Land Tenure: Leasehold
Fee Options: None
Lessor:: Queen Ema

Lease Rent:: 359.46/2036
Next Step-Up:: --/--
2nd Step-Up:: --/--

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

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: None
Pool:: --
Amenities:: BBQ, Patio/Deck, Pool on Property, Resident Manager
Inclusions:: AC Window Unit, Cable TV, Ceiling Fan, Disposal, Drapes, Kitchenware, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector
Security:: Keyed Elevator, Video
Assn. Fee Inclusions:: Cable TV, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Other Common Expenses, Sewer

Lot Description:: --
Topography:: --
Number of Stories:: One
Building Style:: Condotel, Low-Rise 6 or Less Stories
Property Condition:: Average
Construction:: Concrete
Roofing:: --
Floor Covering:: Ceramic Tile, Laminate

Disclosures:: Property Disclosure Stmt, See Remarks
Possession:: At Closing
Terms Accept.:: Cash
Land Recorded:: Dual Systems

Exclusions:: Other
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 Thursday, May 2, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Hawaii Dream Realty LLC