Royal Garden at Waikiki
440 Olohana St #1704
Honolulu, HI 96815

For Sale
Active Under Contract
List Price
$432,500 (FS)
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
--
Living (sf):
332
Lanai (sf):
40
Other (sf):
--
Parking Stalls:
0 - None
MLS #:
202407791
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-016-039-0133
List Date:

REMARKS:

Attention investors and snowbirds! Here's your opportunity to own a legal Short Term Rental in the heart of Waikiki. This stunning condotel unit is the perfect place for tropical getaways and a potentially lucrative investment property with tremendous short-term rental potential on platforms like Airbnb and VRBO. One of the most attractive features of this property is that the building management doesn't charge any additional fees for short-term rentals, allowing you to maximize your rental income. The unit has previously undergone a renovation, boasting stylish new flooring, sleek quartz countertops, and high-end marble finishes that set it apart from your average condotel. As you step inside, you'll be impressed by the elegance and attention to detail that rivals a 5-star hotel. The property offers a range of amenities, including a refreshing pool, very private green spaces and BBQ Areas, a well-equipped gym, and on-site laundry facilities, providing the perfect blend of relaxation and convenience for you and your guests. The location is second to none, near a wide array of restaurants, luxury brand stores, lush parks, and the famous beach Waikiki.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Negotiable
Year Built:
1977
Year Remodeled:
2018

FINANCIAL INFORMATION:

Assd. Val. Land:
$91,200
Assd. Val. Imprv:
$282,200
Assd. Val. Total:
$373,400
Tax Year:
2023
Monthly Taxes:
$46
Home Exempt.:
$140,000
Maintenance Fees:
$570/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Marina/Canal, Mountain
Pool:
--
Amenities:
BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Resident Manager, Sauna, Security Guard, Trash Chute
Inclusions:
Cable TV, Ceiling Fan, Chandelier, Drapes, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
Security:
Card, Key, Security Patrol, Video
Assn. Fee Inclusions:
Cable TV, Hot Water, Internet Service, Sewer, Water
Other Fee Inclusions:
--
Lot Description:
--
Topography:
--
Number of Stories:
21+
Building Style:
Condotel, High-Rise 7+ Stories
Property Condition:
Excellent, Above Average
Construction:
Concrete
Roofing:
--
Floor Covering:
Ceramic Tile, Other
Disclosures:
None
Possession:
At Closing
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 Friday, May 3, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Keller Williams Honolulu