Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaSOLD! 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: $1,198
Square Footage: 313Studio
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
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Closed SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2022-12-07 CLOSE DATE: 2023-01-12 AREA: METRO BEDROOMS: 0 BATHROOMS FULL: 1 BATHROOMS HALF: 0 LIVING AREA SQ FT: 313 BUILDING AREA TOTAL: 347 YEAR BUILT: 1971 TAXES: $4,342 HOA/MGMT CO: AOAO Luana Waikiki HOA INCLUDES: CommonAreas, CableTv, Electricity, HotWater, Internet, Sewer, Water HOA AMENITIES: Management ARCHITECTURAL STYLE: HighRise BUILDING NAME: Luana Waikiki CONSTRUCTION: Masonry, Concrete, Stucco COMMUNITY FEATURES: Barbecue, CommunityPool, ConferenceMeetingRoom, DeckPorch, Fitness, LaundryFacilities, Patio, Pool, RecreationArea, Restaurant, TrashChute, CondoHotelCommunity FLOORING: Other FURNISHED: Furnished PARKING FEATURES: Garage, Valet PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium VIEW: City LISTING AGENT: MICAH S GRAFSGAARD LISTING OFFICE: PARADISE REAL ESTATE BROKERS LISTING CONTACT: (808) 990-1201
Property Location: 2045 KALAKAUA AVENUE 418 HONOLULU HI 96815
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Last Updated: 2024-12-18