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Active under contract
  • Price cut: $50K (3/30)
    $689,000

    201 Ohua Ave #2902-I, Honolulu, HI 96815

    1beds
    533sqft
    : 
    Condominium
    Built in 1977
    -- sqft lot
    $661,400 Zestimate®
    $1,293/sqft
    $1,525/mo HOA

    What's special

    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!
    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#: 202420582MLS Logo
    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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