RARELY AVAILABLE LEGAL SHORT TERM RENTAL CORNER UNIT WITH OCEAN VIEWS & PARKING in the sought-after Royal Kuhio! This one-bedroom, one-bath, one-parking condo offers breathtaking ocean views and a Non-Conforming Use Certificatea unique opportunity in Waikiki! Enjoy spectacular vistas of the ocean, Friday night fireworks, and the iconic Waikiki Beach sunsets from your own private lanai. The prime location places you just steps from the International Marketplace, Waikiki Beach, and the vibrant shopping, dining, and entertainment scene that Waikiki is known for. This condo is leasehold with monthly fees of $999 HOA, $407 lease rent, & $363 prop. tax. All utilities are included except electric. This unit also comes with a great investment potentialit features an assumable loan with an approximate balance of $50K at a 5.5% interest rate, and it has a non-conforming use certificate with the ability to short-term rent (daily, weekly, or monthly) for maximum income generation. Self-managed by the owners for years, this property is ready for its next chapter. Showings are based on availability between guest check ins. Owner annual income in supplements.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Bedroom on Main Level
- Full Bath on Main Level
- Furnished Description: Furnished
- Flooring: Carpet, Vinyl
Other Rooms
Pool and Spa
- Pool Features: Heated
- Spa Features: Community
Land Info
- Lot Size Acres: 1.0739899
- Lot Size Square Feet: 46783
Garage and Parking
- Parking Features: Assigned, Covered, One Space, Secured
- Parking Total: 1
Home Features
- View: City, Ocean, Sunset
- Security Features: Closed Circuit Camera(s), Key Card Entry, Security Guard
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Common Areas, Cable TV, Hot Water, Internet, Sewer, Water
- Maintenance Expense: 999.13
Rental Info
- Lease Amount: 406.59
- Lease Expiration: 2041-12-31
Amenities and Community Features
- Community Features: Barbecue, Community Pool, Conference/Meeting Room, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Putting Green, Recreation Area, Storage Facilities, Tennis Court(s), Trash Chute, Condo Hotel Community
Other Property Info
- Annual Tax Amount: 4359.96
- Source Listing Status: Active Under Contract
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit, Blinds, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-020-058-0190
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 538
- Year Built: 1976
- Building Area Total: 596
- Building Name: Royal Kuhio
- Common Walls: End Unit
- Construction Materials: Concrete
- Entry Level: 21
- Levels: One
- Property Age: 49
- Property Condition: Average Condition, Good Condition
- House Style: High Rise
- Total Area Sqft: 596
- Architectural Style: High Rise