For Sale: Sold

Ilikai Apt Bldg
1777 Ala Moana Blvd #207
Honolulu, HI 96815

$505,000 (FS)
Sold Price
$515,000 (FS)
List Price
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
--
Living (sf):
448
Lanai (sf):
116
Other (sf):
--
Parking Stalls:
0 - None
MLS #:
202209143
TMK:
1-2-6-010-007-1034
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI

REMARKS:

The unit is in the hotel rental pool under Ilikai Hotel & Luxury Suites. This unit is one of 39 units on the 2nd floor remodeled by the developer in 2016. It has an open full kitchen, granite countertop, stainless steel appliances, cooktop oven, granite bathroom and shower, split AC, double-layered curtain, etc. Easy access to the 2nd-floor pool deck. Amazing location in Waikiki with proximity to beautiful beaches. Ala Moana Shopping Center, world-class dining, and nightlife. **Since this building is in Resort Mixed Use Precinct, the owner has the option to go with hotel management or short-term vacation rental. (For short-term vacation rental, the owner must use Ilikai hotel housekeeping services for these newly redeveloped units.). **Ilikai hotel will replace the carpet on 12/09 but the sofa replacement schedule is pending. The seller already paid for the cost. But if the buyer purchases this unit before the replacement and doesn't choose the hotel management contract, this replacement won't be provided. **Occupancy rate: 2018=89.14%, 2019=83.24%, 2020(Covid-19)=25.41%, 2021(Covid-19)=47.58%, 2022(till April)=72.18%, please check the attached statements.

PROPERTY INFORMATION:

Zoning:
X6 - Resort Mixed Use Precinct
Furnished:
Full
Year Built:
1965
Year Remodeled:
2016

FINANCIAL INFORMATION:

Assd. Val. Land:
$122,100
Assd. Val. Imprv:
$294,800
Assd. Val. Total:
$416,900
Tax Year:
2021
Monthly Taxes:
$490
Home Exempt.:
$0
Maintenance Fees:
$557/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 11, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Kaina Hale Hawaii Realty Inc.