A rare opportunity to experience PENTHOUSE living in the heart of Waikiki. The Hawaiian Prince Apartments is a secure well-maintained cooperative elevator building with a resident manager. This is a LEASEHOLD property with the ground lease ending on March 31, 2040, PROVIDED HOWEVER, that on or after March 31, 2030, Lessor(Queen Emma Land Co.) should have the absolute right to terminate said Lease SUBJECT TO the conditions set forth in said Lease. Owner's monthly expenses:$677.01(ground lease rent)+$401.19(monthly maintenance fee)+$91.62(monthly property tax)=$1, 169.82/total per month. ONLY the ground lease rent amount increases 3% annually. The unit is being conveyed fully-furnished as-is. Minimum 30-day rental building and this unit has strong 30-day rental income history. There is a short wait list for onsite secured assigned parking for resident's use which is $100/mo. There is a short wait list for onsite secured parking. The soon to open Target Waikiki is only a few steps away! Unit is currently occupied, showings are only available after receiving an accepted offer with an inspection/showing contingency.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Furnished Description: Furnished
- Flooring: Ceramic Tile
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Open, Secured
Home Features
- View: City, Mountain(s)
- Security Features: Closed Circuit Camera(s), Gated Community, Key Card Entry
School Information
- Elementary School: Jefferson
- High School: Kaimuki
- Middle School: Washington
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Common Areas, Cable TV, Internet, Sewer, Taxes, Water
- Association Name: Co-op
- Maintenance Expense: 413.23
Rental Info
- Lease Amount: 697.3200000000
- Lease Expiration: 2040-03-31
Amenities and Community Features
- Community Features: Gated
Other Property Info
- Annual Tax Amount: 1273.56
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit, Book Shelves, Cable TV, Ceiling Fan, Disposal, Drapes, Dryer, Kitchenware, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-021-104-0056
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 960
- Year Built: 1959
- Building Area Total: 960
- Building Name: Hawaiian Prince Apts Ltd
- Construction Materials: Brick, Double Wall, Hollow Tile, Masonry, Concrete, Stucco
- Entry Level: 5
- Levels: Three Or More
- Property Age: 66
- Property Condition: Excellent, Updated/Remodeled
- House Style: Penthouse
- Total Area Sqft: 960
- Year Built Effective: 2019
- Architectural Style: Penthouse