201 Ohua Avenue Unit 2902-I, Honolulu, HI 96815

$695,000
1
BD
1
BA
533
SqFt
Sold Price
$695,000
List Price
$689,000
Days on Market
248
Closing Date
May 16, 2025
MLS#
202420582
Status
CLOSED
Type
Condo
Building
Waikiki Banyan
Bedrooms
1
Full Baths
1
Living Area
533
Land Area
99,796
Land Tenure
FS - Fee Simple
Neighborhood
Waikiki

Property Description

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!

Additional Information

Island
Oahu
View
City, Mountain(s), Ocean
Elementary School
Jefferson
Middle School
Washington
High School
Kaimuki
Lot Size
99,796
Construction Materials
Concrete
Neighborhood
Waikiki
Subdivision
Waikiki
Frontage
Other
Furnished
Furnished
Year Built
1977
Building Name
Waikiki Banyan
Inclusions
AC Window Unit, Cable TV, Disposal, Drapes, Microwave Hood, Microwave, Range/Oven, Refrigerator, Smoke Detector
Maintenance Expense
$902.2
Parking Features
Covered, One Space, Unassigned
Unit
2902-I
Amenities
Management
Style
High Rise
Assessed Total
764200

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Map Vision Inc.. Selling Office: Hawaii Ocean Club Realty Group.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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