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. 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!
Active under contract
Price cut: $50K (3/30)
$689,000
201 Ohua Ave #2902-I, Honolulu, HI 96815
1beds
533sqft
Est.:
Condominium
Built in 1977
-- sqft lot
$661,400 Zestimate®
$1,293/sqft
$1,525/mo HOA
What's special
- 229 days
- on Zillow |
- 30 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2025 at 08:07pm
Listed by:
Jiro Mizukami 808-721-2203,
Map Vision Inc.,
Yuko Takahashi 808-971-0101,
Map Vision Inc.
Source: HiCentral MLS,MLS#: 202420582

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Carpet, Ceramic Tile
- Furnished: Yes
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 600
- Total interior livable area: 533 sqft
Property
Parking
- Total spaces: 1
- Parking features: Covered, One Space, Unassigned
Features
- Levels: One
- Spa features: Community
- Has view: Yes
- View description: City, Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
- Frontage type: Other
Details
- Parcel number: 1260250050306
- Zoning description: X2 - Apartment Precinct
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
Materials
- Concrete
Condition
- Good Condition,Updated/Remodeled
- New construction: No
- Year built: 1977
- Major remodel year: 2009
Community & HOA
Community
- Features: Barbecue, Community Pool, Deck/Porch, Laundry Facilities, Playground, Patio, Recreation Area, Sauna, Tennis Court(s), Trash Chute, Condo Hotel Community
- Security: Closed Circuit Camera(s), Fire Sprinkler System, Security Guard
- Subdivision: Waikiki
HOA
- Amenities included: Management
- Services included: Common Areas, Cable TV, Electricity, Hot Water, Internet, Sewer, Water
- HOA fee: $1,525 monthly
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $1,293/sqft
- Tax assessed value: $764,200
- Annual tax amount: $7,224
- Date on market: 9/10/2024
- Inclusions: AC Window Unit, Cable TV, Disposal, Drapes, Microwave Hood, Microwave, Range/Oven, Refrigerator, Smoke Detector
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