Linda McCabe and Erin McCabe with Corcoran Pacific Properties
SOLD! MLS: 202225339 $375,000
Studio with 1 Bath2045 KALAKAUA AVENUE #418
HONOLULU HI 96815MLS: 202225339
Status: SOLD
Closed On: 2023-01-12
Sold Price: $375,000
Sold Price per SqFt: $1,081
Square Footage: 347Studio
1 Bath
Year Built: 1971
Zip Code: 96815
Listing Remarks
Are you looking for a property with a history of strong cash flow and appreciation, something to depreciate on your taxes AND a vacation home all in one? If you answered yes, this is for you! This property is located in the highly desirable Luana Waikiki which is a boutique hotel of just 230 rooms located on Waikiki's famous Kalakaua Strip. People from all over the world understand the value in owning an investment property here in one of the strongest tourism markets on the planet. The Luana Waikiki is one of only a handful of buildings where you can legally rent out your property on a nightly basis and with the recent law changes, this has made owning these properties much more valuable. The building fronts Ainahau Park which connects directly to Fort DeRussy Beach (one of Waikiki's most pristine beaches). Enjoy fine dining, world-class shopping a block away at luxury row, pristine beaches, the Honolulu Zoo, Diamond Head and much more! As of today, there are only approximately 9 other legal vacation rental listings in Waikiki under $400,000. This number is shockingly low considering the volume of real estate we have in the Waikiki Area. Don't miss out on this opportunity!
Address: 2045 KALAKAUA AVENUE #418 HONOLULU HI 96815
Listing Courtesy of PARADISE REAL ESTATE BROKERS
Condo Mania Agent:
Linda McCabeCorcoran Pacific Properties
Realtor, Broker in Charge
Phone: 808-225-1048
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Listing Details
AREA: Metro NEIGHBORHOOD: WAIKIKI ARCHITECTURAL STYLE: Condotel, High-Rise 7+ Stories PROPERTY TYPE: Condo/Townhouse LAND TENURE: FS - Fee Simple HOA NAME: AOAO Luana Waikiki HOA FEES INCLUDE: Special Assessment MAINTENANCE EXPENSE: $679 BUILDING NAME: Luana Waikiki AMENITIES: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Restaurant, Security Guard, Trash Chute, Valet, Wall/Fence UNIT FEATURES: Even# Unit INCLUSIONS: AC Split, Cable TV, Drapes, Kitchenware, Linens, Microwave, Refrigerator, Smoke Detector FULL BATHROOMS: 1 HALF BATHROOMS: 0 VIEW: City FLOORING: Other PARKING FEATURES: Garage PARKING TOTAL: 0 PROPERTY CONDITION: Excellent, Above Average
Property Location: 2045 KALAKAUA AVENUE #418 HONOLULU HI 96815
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Last Updated: 2024-03-29