201 ʻŌhua Avenue, Unit 2902I
Honolulu, HI 96815
$779,000
Price
1
Beds
1
Bath
533 Sq. Ft.
$1,462 / Sq. Ft.
533
Sq. Ft.
$1,462
per Sq. Ft.
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,...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, without assessments. 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. 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!
- Listed by Jiro Mizukami • License #RB-16404 • Map Vision Inc. • (808) 971-0101
- Listed by Yuko Takahashi • License #RB-16054 • Map Vision Inc. • (808) 971-0101
Property Details for 201 ʻŌhua Avenue, Unit 2902I
Architectural Style
Condotel, High-Rise 7+ Stories
ViewCity, Mountain, Ocean
ZoningX2 - Apartment Precinct
NeighbourhoodWAIKIKI
Flood ZoneZone AE
Stories/Levels21+
Land TenureFS - Fee Simple
LISTING UPDATED: 12/15/2024 05:00 PM
Property Details for 201 ʻŌhua Avenue, Unit 2902I
| Status | Active |
|---|---|
| MLS # | 202420582 |
| Days on Market | 106 |
| Taxes | $602 / month |
| HOA Fees | $774 / month |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Condo/Townhouse |
| Year Built | 1977 |
| County | Honolulu County |
Building Information for 201 ʻŌhua Avenue, Unit 2902I
Building/ComplexWaikiki BanyanFloor-Stories-Residences-Pet Policy-Year Built1977
Property Information for 201 ʻŌhua Avenue, Unit 2902I
Summary
Location and General Information
- City: Honolulu
- County Or Parish: Oahu
- State Or Province: HI
Taxes and HOA Information
- Association Fee: $0
- Association Fee 2: $52
- Association Fee 2 Includes: Other Common Expenses
- Association Fee Includes: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
- Association Fee Total: $774
- Tax Amount: $602.00
- Tax Assessed Value: $764,200.00
- Tax Assessed Value Improvements: $651,700.00
- Tax Assessed Value Land: $112,500.00
- Tax Excemption Owner Occupancy: 0
- Tax Year: 2024
- Parcel Number: 1-2-6-025-005-0306
- HOA YN: Yes
School Information
- Elementary School: Jefferson
- High School: Kaimuki
- Middle Or Junior School: Washington
Parking
- Parking Additional: 0
- Parking Features: Covered - 1, Unassigned
- Parking Total: 1
- Condo Parking Unit: Unassign
Property
Lot Information
- Building Name: Waikiki Banyan
- Floor Number: 29
- Property Frontage: Other
- Property Type: Condo/Townhouse
- Remodelled: Partial
- Open Other Spaces Total: 67.0
- SQFT Roofed Living: 533.0
- Sqft Total: 600.0
- Land Recorded: Dual Systems
- Lot Size Area: 99796.0
- Year Built: 1977
- Year Remodeled: 2009
Property and Assessments
- Appliances: AC Window Unit, Cable TV, Disposal, Drapes, Microwave Hood, Microwave, Range/Oven, Refrigerator, Smoke Detector
- Photo Count: 23
- New Development Construction: No
- Property Condition: Above Average
- Public Report Number: 944
- Special Listing Conditions: None
- Disclosures: Non Resident Owner
- Foreclosure: No
- Fractional Ownership: No
- Exclusions: Other
- Supplement Count: 0
- TMK Area: 126
- TMK Condo Property Regime Number: 306
- TMK Division: 1
- TMK Parcel: 5
- TMKPLAT: 25
- TMK Section: 6
- TMK Zone: 2
Interior and Exterior Features
Exterior Features
- Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Patio/Deck, Playground, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool
- Construction Materials: Concrete
- Elevators Number Of: 4
- Flooring: Ceramic Tile, W/W Carpet
- Security Features: Security Patrol, Video
Interior Features
- Baths Full: 1
- Baths Half: 0
- Baths Total: 1.0
- Beds Total: 1.0
- Furnished: Full
Multi Family
Multi-Family Information
- Unit Features: Corner/End, Even# Unit, Single Level
- Unit Number: 2902-I
Income & Expenses
- Maintenance Fee Amount: $721.76
Agent
Sale and Listing
- Active Open House Count: 0
- DOM: 105
- Immoviewer: No
- Listing Service: Full Service
- Management Company Name: Hawaiiana
- Management Company Phone: 808-593-9100
- MLS: HI Central
- MLS Area Major: Metro
- Open House Count: 3
- Status: Active
- Public Remarks: 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, without assessments. 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. 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!
- Possession: Subject to Rental Lease
Showing and Remarks
- Showing Instructions: Call Listor
Rental
Rent Information
- Occupant Type: Hotel Rental Pool
Property History for 201 ʻŌhua Avenue, Unit 2902I
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 201 ʻŌhua Avenue, Unit 2902I
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
President Thomas Jefferson Elementary School PublicPK to 5 | ||
President George Washington Middle School Public6 to 8 | ||
Kaimuki High School Public9 to 12 | ||
Hawaii School For The Deaf And Blind PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Map Vision Inc., Jiro Mizukami, License #RB-16404; Map Vision Inc., Yuko Takahashi, License #RB-16054