Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaSOLD! MLS: 202521150 $595,000
1 Bedroom with 1 Bath201 OHUA AVENUE 605 (NUC)
HONOLULU HI 96815MLS: 202521150
Status: SOLD
Closed On: 2025-11-14
Sold Price: $595,000
Sold Price per SqFt: $1,068
Square Footage: 5571 Bedroom
1 Bath
Year Built: 1977
Zip Code: 96815
Listing Remarks
Best price! Waikiki Banyan #605-2 offers a fantastic opportunity for investors, second-home buyers, or primary residence. This 1-bedroom, 1-bathroom unit comes with a Non-Conforming Use Certificate (NUC, which currently costs less than the Bill 41 TVU license), making it eligible for short-term vacation rentals—perfect for capitalizing on a limited short-term rental market. The unit is priced to sell and, while it needs updating, it offers great potential for customization. The 6th-floor location allows for an in-unit washer/dryer, adding convenience for owners and renters alike. Additionally, the property includes one unassigned parking stall, a valuable feature in this prime Waikiki location. The building is financially solid with recent capital improvements, including re-piping of the sewer lines and modernized elevators. With its prime location steps from Waikiki Beach and all the local amenities, this unit is an excellent choice for those seeking both flexibility and value in a vacation rental building.
Address: 201 OHUA AVENUE 605 (NUC) HONOLULU HI 96815
Listing Courtesy of COLDWELL BANKER REALTY
Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Closed SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2025-09-25 CLOSE DATE: 2025-11-14 BEDROOMS: 1 BATHROOMS FULL: 1 BATHROOMS HALF: 0 LIVING AREA SQ FT: 557 BUILDING AREA TOTAL: 624 YEAR BUILT: 1977 TAXES: $6,904 HOA INCLUDES: CommonAreas, CableTv, Electricity, HotWater, Internet, Sewer, Water ARCHITECTURAL STYLE: HighRise BUILDING NAME: Waikiki Banyan CONSTRUCTION: Concrete COMMUNITY FEATURES: Barbecue, DeckPorch, LaundryFacilities, Playground, Patio, Pool, RecreationArea, Sauna, TrashChute, CondoHotelCommunity FLOORING: Carpet, Other FURNISHED: Furnished INTERIOR FEATURES: BedroomOnMainLevel PARKING FEATURES: Garage, Secured, Unassigned PETS ALLOWED Y/N: Call PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium SPA FEATURES: Community VIEW: Canal, City, Mountains, Sunrise LISTING AGENT: ANDREW J LEITHEISER LISTING OFFICE: COLDWELL BANKER REALTY LISTING CONTACT: (808) 596-0456
Property Location: 201 OHUA AVENUE 605 (NUC) HONOLULU HI 96815
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Last Updated: 2025-12-07