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For Sale

$739,000

$40k

Waikiki Banyan

201 Ohua Ave Unit 2902I, Honolulu, HI 96815

  • 1Bed
  • 1Bath
  • 600SqFt
  • 1Bed
  • 1Bath
  • 600SqFt
  • Property Type
    Condo
  • Year Built
    1977
  • Price per Sqft
    $1232
  • On highrises
    183 Days

Property Details

This high-floor unit in the Waikiki Banyan Tower-1 offers partial ocean view from lanai and is just minutes away from Waikiki Beach, premier shopping, and fine dining. Currently enrolled in the Aqua-Aston Hotel Rental Program, this unit provides a perfect balance of personal use and investment income. It is in great condition, thanks to daily maid service and maintenance provided by the hotel rental program. Elevator modernization and renovation of the amenity deck on the 6th floor are in progress. Fire sprinklers and recently installed new DWV piping system throughout the building add to the overall value and peace of mind. While the unit comes with the sandwich lease ($52.20 per month), it will end in November 2035, after which the property will be 100% fee simple property. Special assessment is $570.78 per month until December 2025, BUT SPECIAL ASSESSMENTS WILL BE PAID OFF BY THE SELLER AT CLOSING! This is an incredible opportunity to own a property with excellent rental potential and long-term value. Don't miss out on this exceptional opportunity!

Property Features

Bedrooms

  • Bedrooms: 1
  • Presented by:
  • Mizukami Jiro
  • state license#RB-16404

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