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2465 Kuhio At Waikiki #1220 (Waikiki)

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2465 Kuhio Ave #1220, Honolulu

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Description
Own a piece of Paradise which is situated in the Heart of Waikiki, minutes away from Waikiki Beach, Honolulu Zoo, The Aquarium, Ala Wai Golf Course, and Diamond Head. Resort Mixed Use building with unbelievably low Maintenance Fee that includes gas and hot water. This unique 2 bedroom/2 bath can be used as 2 separate units which makes a good income potential if you were to live in one and rent out the other: a 1 bed/ 1 bath (#1220) and studio (#1221) each with their own mail boxes and lanais. This updated open kitchen floorplan unit also includes one secured, covered parking which is rare in Waikiki! What's best about this unit is that you can do short term rentals! This unit comes fully furnished with a professional Property Management already in place if you decide to keep or you can manage on your own. Last year's income statement is available and you will be amazed at the Cap Rate! And, that's during the restrictions on travel. The choices are unlimited! Vacation in one while still earning on the other or block off for your whole family whenever you need to! Who says you can't have your cake and eat it too?!
Past Activity
  • Jun 30, 2022 Sold for $929,000
  • May 03, 2022 Under Contract
  • Apr 23, 2022 Listed at $949,000
  • Mar 31, 2015 Sold for $453,500
  • Feb 03, 2015 Under Contract
  • Jan 27, 2015 Price $478,000
  • Jan 08, 2015 Listed at $498,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.71
  • Price / ft²: $939
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Gas, Hot Water, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2019
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone X
  • View: City, Ocean
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 18%
  • Management Company: Lowell D. Funk Inc
  • Security Features: Gated Community, Keyed Elevator, Video
  • Amenities: Community Laundry, Resident Manager
  • TMK: 1-2-6-23-72-63
  • Tax Assessed Land: $35,200
  • Tax Assessed Improvements: $446,200
  • Tax Assessed Total: $481,400
  • Courtesy: Michael Moran & Associates
  • MLS: 202207716
Good to Know
  • Address: 2465 Kuhio Ave, Honolulu, HI 96815.
  • Built in 1971, 16 Floors with 91 Units, 2BR, Pets: No.
  • Ameneties include Community Laundry, Exercise Room, Resident Manager, Sauna, Security Guard.

About 2465 Kuhio at Waikiki
2465 Kuhio at Waikiki is a unique case. It's a place you can have an income-producing property – while living in it!

This is possible due here because these 2 bedroom condos have separate entrances to both the main living area and to one of the bedrooms. This, and the building by-laws, allows you to rent out the 2nd bedroom as a Studio unit. Y  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 14, 2024.Information is deemed reliable but not guaranteed.
  • Sold 6/30/22 at $929,000
    (List Price: $949,000)
Description
Own a piece of Paradise which is situated in the Heart of Waikiki, minutes away from Waikiki Beach, Honolulu Zoo, The Aquarium, Ala Wai Golf Course, and Diamond Head. Resort Mixed Use building with unbelievably low Maintenance Fee that includes gas and hot water. This unique 2 bedroom/2 bath can be used as 2 separate units which makes a good income potential if you were to live in one and rent out the other: a 1 bed/ 1 bath (#1220) and studio (#1221) each with their own mail boxes and lanais. This updated open kitchen floorplan unit also includes one secured, covered parking which is rare in Waikiki! What's best about this unit is that you can do short term rentals! This unit comes fully furnished with a professional Property Management already in place if you decide to keep or you can manage on your own. Last year's income statement is available and you will be amazed at the Cap Rate! And, that's during the restrictions on travel. The choices are unlimited! Vacation in one while still earning on the other or block off for your whole family whenever you need to! Who says you can't have your cake and eat it too?!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 14, 2024.Information is deemed reliable but not guaranteed.
    • Jun 30, 2022 Sold for $929,000
    • May 03, 2022 Under Contract
    • Apr 23, 2022 Listed at $949,000
    • Mar 31, 2015 Sold for $453,500
    • Feb 03, 2015 Under Contract
    • Jan 27, 2015 Price $478,000
    • Jan 08, 2015 Listed at $498,000
    • Address: 2465 Kuhio Ave, Honolulu, HI 96815.
    • Built in 1971, 16 Floors with 91 Units, 2BR, Pets: No.
    • Ameneties include Community Laundry, Exercise Room, Resident Manager, Sauna, Security Guard.

    About 2465 Kuhio at Waikiki
    2465 Kuhio at Waikiki is a unique case. It's a place you can have an income-producing property – while living in it!

    This is possible due here because these 2 bedroom condos have separate entrances to both the main living area and to one of the bedrooms. This, and the building by-laws, allows you to rent out the 2nd bedroom as a Studio unit. Y  .....
    Read more.
    Other 2465 Kuhio At Waikiki Listings
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    New 33 hours ago
    $999,988
    2465 Kuhio At Waikiki #902
    2 Bds | 2 Ba
    989 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.