Linda McCabe and Erin McCabe with Corcoran Pacific Properties

SOLD!    MLS: 202225339     $375,000
Studio with 1 Bath

MLS: 202225339 Condo For Sale
2045 KALAKAUA AVENUE #418
HONOLULU HI 96815

MLS:  202225339
Status:  SOLD
Closed On:  2023-01-12
Sold Price:  $375,000
Sold Price per SqFt:  $1,081
Square Footage:  347

Studio
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 McCabe

Featured Real Estate Agent Linda McCabe

Corcoran Pacific Properties
Realtor, Broker in Charge
Phone: 808-225-1048

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Listing Photos


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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