Hawaiian King
417 Nohonani St #405
Honolulu, HI 96815

For Sale
Active
List Price
$130,000 (LH)
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
15,594
Living (sf):
468
Lanai (sf):
90
Other (sf):
--
Parking Stalls:
0 - None
MLS #:
202406370
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-021-102-0043
List Date:

REMARKS:

LEGAL SHORT-TERM RENTAL (NONCONFORMING HOTEL EXEMPTED FROM STR PERMIT) - Hawaiian King with it's 1950's art deco style offers a great opportunity to have a short-term rental property with a renovated, full kitchen, nice pool and on site laundry making a great investment property or place to call home. Property sold with furnishings and is currently rented through 3-28-2024. Located in the heart of Waikiki with shopping, dining & beaches all within walking distance and easy access to public transportation (no parking on property). 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. Lease Rent through 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 to be paid by buyer with escrow closing.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Full
Year Built:
1959
Year Remodeled:
2018

FINANCIAL INFORMATION:

Assd. Val. Land:
$210,400
Assd. Val. Imprv:
$99,500
Assd. Val. Total:
$309,900
Tax Year:
2024
Monthly Taxes:
$452
Home Exempt.:
$0
Maintenance Fees:
$623/mo.
Association Fees:
--/mo.
Other Fees:
$175/mo.
Land Tenure
Leasehold
Fee Options
None
Lessor:
Queen Emma Land Co
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:
City, Mountain
Pool:
--
Amenities:
BBQ, Community Laundry, Fire Sprinkler, Patio/Deck, Pool on Property, Resident Manager
Inclusions:
AC Window Unit, Drapes, Kitchenware, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector, Water Heater
Security:
Key, Keyed Elevator, Video
Assn. Fee Inclusions:
Cable TV, Other Common Expenses, Sewer, Water
Other Fee Inclusions:
Other Common Expenses
Lot Description:
--
Topography:
--
Number of Stories:
One
Building Style:
Condotel, Low-Rise 6 or Less Stories
Property Condition:
Excellent, Above Average
Construction:
Concrete
Roofing:
--
Floor Covering:
Ceramic Tile, Laminate
Disclosures:
Property Disclosure Stmt
Possession:
At Closing
Terms Accept.:
Cash
Land Recorded:
Dual Systems
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 Thursday, May 2, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Hawaii Dream Realty LLC