Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202521150 $599,000
1 Bedroom with 1 Bath201 OHUA AVENUE 605 (NUC)
HONOLULU HI 96815MLS: 202521150
Status: ACTIVE WITH CONTINGENCY
List Price: $599,000
Price per SQFT: $1,075
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
Request More Information
Listing Details
STATUS: ActiveUnderContract SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2025-09-25 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
Estimated Monthly Payments
List Price: $599,000 20% Down Payment: $119,800 Loan Amount: $479,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $3,029 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 201 OHUA AVENUE 605 (NUC) HONOLULU HI 96815
This Listing
Active Listings Nearby
Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
Search Listings
You Might Also Be Interested In...
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2025 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2025-10-09