Hawaii Living

Executive Centre #2008 (Downtown Honolulu)

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1088 Bishop St #2008, Honolulu

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Description
Discover the Executive Centre, real estate opportunity located in the vibrant heart of downtown Honolulu. This versatile property, zoned BMX-4, is perfect for residential, business, or investment use, with short and long-term rental. According to seller, the close proximity to Hawaii Pacific University helps maintain a short-term occupancy rate of around 85%. This turnkey fully furnished unit, features views of the urban landscape. It comes with two secured, covered parking stalls, enhancing its desirability. Maintenance fee covers central AC, cable TV, hot water, sewer, and upkeep of common areas. It has scheduled AC servicing and proactive pest control, ensuring a top-notch environment for residents and guests. Amenities designed to enrich the urban living experience, featuring a hotel-style lobby, 24-hour security,onsite restaurant, community laundry facilities, and a swimming pool. Located near the H-1 freeway and in close proximity to major retailers, fitness centers, and a plethora of dining and entertainment venues, offering convenience. Explore the possibilities. Currently being used as Air B & B. Capital Reserves $236.56. 2 parking stalls. Income report in supplements.
Recent Activity
Past Sales
  • #1212: 1 Bd | 1 Ba @ $361K (7/11/24)
  • #508: 1 Bd | 1 Ba @ $300K (7/5/24)
  • #3612: 1 Bd | 1 Ba @ $376K (6/5/24)
  • #1124: 1 Bd | 1.5 Ba @ $530K (6/4/24)
  • #1115: 1 Bd | 1.5 Ba @ $241K (4/19/24)
  • #3610: 1 Bd | 1 Ba @ $245K (3/28/24)
  • #1217: 1 Bd | 1.5 Ba @ $660K (3/19/24)
  • #604: 2 Bds | 1 Ba @ $297K (3/15/24)
  • #3504: 1 Bd | 1 Ba @ $249K (2/16/24)
  • #3503: 1 Bd | 1 Ba @ $265K (1/19/24)
  • #2211: 1 Bd | 1 Ba @ $415K (1/16/24)
  • #1302: 1 Bd | 1 Ba @ $407K (10/27/23)
  • #1903: 1 Bd | 1 Ba @ $380K (10/13/23)
  • #1606: 1 Bd | 1 Ba @ $435K (10/5/23)
  • #1804: 1 Bd | 1 Ba @ $325K (9/11/23)
  • #3311: 1 Bd | 1 Ba @ $400K (8/14/23)
  • #1116: 1 Bd | 1 Ba @ $218K (7/27/23)
  • #701: 1 Bd | 1 Ba @ $300K (7/27/23)
  • #1504: 1 Bd | 1 Ba @ $125K (7/18/23)
  • #3809: 1 Bd | 1 Ba @ $310K (6/19/23)
  • #1005: Studio | 1 Ba @ $180K (6/9/23)
  • #2403: 1 Bd | 1 Ba @ $365K (6/7/23)
  • #3805: 1 Bd | 1 Ba @ $370K (6/6/23)
  • #402: 1 Bd | 1 Ba @ $335K (4/20/23)
  • #1612: Studio | 1 Ba @ $119K (3/23/23)
  • #1118: 1 Bd | 1.5 Ba @ $215K (3/16/23)
  • #3302: 1 Bd | 1 Ba @ $415K (3/3/23)
  • #512: 1 Bd | 1 Ba @ $305K (12/27/22)
  • #3810: 1 Bd | 1 Ba @ $330K (12/6/22)
  • #1403: 1 Bd | 1 Ba @ $275K (11/30/22)
  • #3103: 1 Bd | 1 Ba @ $425K (11/30/22)
  • #608: 1 Bd | 1 Ba @ $274K (10/31/22)
  • #2902: 1 Bd | 1 Ba @ $359K (10/24/22)
  • #3308: 1 Bd | 1 Ba @ $168K (9/26/22)
  • #2512: 1 Bd | 1 Ba @ $145K (9/26/22)
  • #2605: 1 Bd | 1 Ba @ $305K (9/26/22)
  • #2005: 1 Bd | 1 Ba @ $155K (9/23/22)
  • #1107: 1 Bd | 1 Ba @ $172K (8/31/22)
  • #2002: 1 Bd | 1 Ba @ $320K (8/26/22)
  • #1201: 1 Bd | 1 Ba @ $347K (8/18/22)
  • #3607: 1 Bd | 1 Ba @ $460K (8/2/22)
  • #2310: 1 Bd | 1 Ba @ $342K (7/15/22)
  • #2411: 1 Bd | 1 Ba @ $365K (7/15/22)
  • #2104: 1 Bd | 1 Ba @ $389K (7/15/22)
  • #1202: 1 Bd | 1 Ba @ $371K (7/15/22)
  • #2308: 1 Bd | 1 Ba @ $270K (7/11/22)
  • #2004: 1 Bd | 1 Ba @ $275K (7/8/22)
  • #702: 1 Bd | 1 Ba @ $324K (7/5/22)
  • #2407: 1 Bd | 1 Ba @ $420K (7/1/22)
  • #2207: 1 Bd | 1 Ba @ $170K (6/24/22)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.29
  • Price / ft²: $798
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Sewer, Water
  • Zoning: 34 - BMX-4 Central Business Mix
  • Flood Zone: Zone X
  • View: City
  • Furnished: Full
  • Property Condition: Average
  • Owner Occupancy: 42%
  • Management Company: AOAO Executive Centre
  • Security Features: Keyed Elevator, Security Patrol, Video
  • Amenities: Car Wash, Community Laundry, Condo Association Pool, Resident Manager, Restaurant, Security Guard, Trash Chute
  • TMK: 1-2-1-12-4-231
  • Tax Assessed Land: $38,900
  • Tax Assessed Improvements: $301,300
  • Tax Assessed Total: $340,200
  • Courtesy: List Sotheby's Int'l Realty / (808) 735-2411
  • MLS: 202411487
Ask All a Question
Good to Know
Address: 1088 Bishop St, Honolulu, HI 96813.

About Executive Centre Downtown Honolulu
The Executive Centre is one of those buildings you probably know well already. With Long's and Ross on its street level, it's a common stop for anyone working downtown. What makes this address stand out even more is it has a very special real estate zoning.

In addition to the obvious commercial spaces, as well as offices, the Executive Centre is also zoned for both residential and short-term rentals, making it the only condotel in the heart of Downtown Honolulu. As of writing, Aqua runs the hotel opera  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 07, 2024.Information is deemed reliable but not guaranteed.
  • Asking Price: $455,000
Description
Discover the Executive Centre, real estate opportunity located in the vibrant heart of downtown Honolulu. This versatile property, zoned BMX-4, is perfect for residential, business, or investment use, with short and long-term rental. According to seller, the close proximity to Hawaii Pacific University helps maintain a short-term occupancy rate of around 85%. This turnkey fully furnished unit, features views of the urban landscape. It comes with two secured, covered parking stalls, enhancing its desirability. Maintenance fee covers central AC, cable TV, hot water, sewer, and upkeep of common areas. It has scheduled AC servicing and proactive pest control, ensuring a top-notch environment for residents and guests. Amenities designed to enrich the urban living experience, featuring a hotel-style lobby, 24-hour security,onsite restaurant, community laundry facilities, and a swimming pool. Located near the H-1 freeway and in close proximity to major retailers, fitness centers, and a plethora of dining and entertainment venues, offering convenience. Explore the possibilities. Currently being used as Air B & B. Capital Reserves $236.56. 2 parking stalls. Income report in supplements.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 07, 2024.Information is deemed reliable but not guaranteed.
    Address: 1088 Bishop St, Honolulu, HI 96813.

    About Executive Centre Downtown Honolulu
    The Executive Centre is one of those buildings you probably know well already. With Long's and Ross on its street level, it's a common stop for anyone working downtown. What makes this address stand out even more is it has a very special real estate zoning.

    In addition to the obvious commercial spaces, as well as offices, the Executive Centre is also zoned for both residential and short-term rentals, making it the only condotel in the heart of Downtown Honolulu. As of writing, Aqua runs the hotel opera  .....
    Read more.
    Other Executive Centre Listings
    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.