Hawaii Living

Foster Tower #1104 (Waikiki)

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  • Sold 11/1/24 at $150,000
    (List Price: $225,000)
  • Beds: 2
  • Baths: 2
  • Living: 1,123 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 04/30/34
  • Lease Rent: $ 1333 / month
  • Fee Purchase: Not available
  • Balcony: 122 ft²
  • Built: 1962
  • Parking: 1
  • Maint. (HOA) Fees: $1,792 / month
  • Property Taxes: $266 / month ?
  • Est. Mortgage: $1,138 / mo - adjust loan
  • Time Listed for Sale: 85 days
  • Status: Sold
  • Buy without visiting ?
  • All Foster Tower condos for sale »
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2500 Kalakaua Ave #1104, Honolulu

Description
Fell out of escrow... 9.5 years left on Lease. no Fee purchase negotiations until 2025. no 1031 exchange with lease less than 30 years. Cash buyers, no financing. Sunrise views over Diamond Head from this large two bedroom, two bath in the Foster Tower. Peek-a-boo Ocean views to the South and West. Unit needs a little TLC, so bring your contractor! Foster Tower is located across the street from Waikiki Beach. Newly refurbished swimming pool and newly installed hot tub on site. The building has a gym, sauna, 24 hour security patrol and fob key building and garage entry. Minimum 30-day rental allowed per HOA house rules... maintenance fee $1792.23, lease rent $1333.31, monthly taxes $265.50 = total $3,391.04 monthly new lease rent special assessment for attorney's fees +$486.68 per month, for next 6 months. new monthly total $3,877.72.
Past Activity
  • Nov 01, 2024 Sold for $150,000
  • Sep 09, 2024 Under Contract
  • Aug 17, 2024 Price $225,000
  • Jul 20, 2024 Price $275,000
  • Jul 20, 2024 Back to Active
  • May 20, 2024 Under Contract
  • May 15, 2024 Price $365,000
  • Apr 16, 2024 Listed at $395,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.60
  • Price / ft²: $134
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone X
  • View: City, Coastline, Ocean, Sunrise
  • Furnished: None
  • Property Condition: Average
  • Owner Occupancy: 60%
  • Management Company: Touchstone
  • Security Features: Key, Security Patrol
  • Amenities: Community Laundry, Condo Association Pool, Exercise Room, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-26-14-59
  • Tax Assessed Land: $48,400
  • Tax Assessed Improvements: $861,900
  • Tax Assessed Total: $910,300
  • Courtesy: Surf Realty / (808) 943-0600
  • MLS: 202408416
Good to Know
  • Address: 2500 Kalakaua Ave, Honolulu, HI 96815.
     
  • Built: 1962, 133 Units on 25 Floors, Studio & 1 to 2BR Floor plans, Pets: OK (verify).
     
  • Amenities: Heated Pool, Fitness Center, Sauna, 24-Hour Security.
     
  • Fun Fact: 1st residential condo, over 16 stories tall, built in Waikiki.

Prime location on Kalakaua Ave, right across the street from a central part of Waikiki Beach. Residential buildings in Waikiki rarely sit this close to the beach; most are built a bit further inland and prime spots closer to the ocean are generally 'reserved' for hot  .....
Read more.




The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 08, 2024.Information is deemed reliable but not guaranteed.
Other Foster Tower Listings
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Leasehold
$190,000
Foster Tower #1505
Studio | 1 Ba
529 ft²
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Foster Tower #1606
Studio | 1 Ba
441 ft²
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Foster Tower #1906
Studio | 1 Ba
441 ft²
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Foster Tower #2306
Studio | 1 Ba
441 ft²
Other Waikiki Condos
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Rosalei #705
1 Bd | 1 Ba
477 ft²
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One Kalakaua #904
2 Bds | 1 Ba
709 ft²
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Pacific Grand #901
Studio | 1 Ba
448 ft²
  • Sold 11/1/24 at $150,000
    (List Price: $225,000)
Description
Fell out of escrow... 9.5 years left on Lease. no Fee purchase negotiations until 2025. no 1031 exchange with lease less than 30 years. Cash buyers, no financing. Sunrise views over Diamond Head from this large two bedroom, two bath in the Foster Tower. Peek-a-boo Ocean views to the South and West. Unit needs a little TLC, so bring your contractor! Foster Tower is located across the street from Waikiki Beach. Newly refurbished swimming pool and newly installed hot tub on site. The building has a gym, sauna, 24 hour security patrol and fob key building and garage entry. Minimum 30-day rental allowed per HOA house rules... maintenance fee $1792.23, lease rent $1333.31, monthly taxes $265.50 = total $3,391.04 monthly new lease rent special assessment for attorney's fees +$486.68 per month, for next 6 months. new monthly total $3,877.72.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 08, 2024.Information is deemed reliable but not guaranteed.
    • Nov 01, 2024 Sold for $150,000
    • Sep 09, 2024 Under Contract
    • Aug 17, 2024 Price $225,000
    • Jul 20, 2024 Price $275,000
    • Jul 20, 2024 Back to Active
    • May 20, 2024 Under Contract
    • May 15, 2024 Price $365,000
    • Apr 16, 2024 Listed at $395,000
    • Address: 2500 Kalakaua Ave, Honolulu, HI 96815.
       
    • Built: 1962, 133 Units on 25 Floors, Studio & 1 to 2BR Floor plans, Pets: OK (verify).
       
    • Amenities: Heated Pool, Fitness Center, Sauna, 24-Hour Security.
       
    • Fun Fact: 1st residential condo, over 16 stories tall, built in Waikiki.

    Prime location on Kalakaua Ave, right across the street from a central part of Waikiki Beach. Residential buildings in Waikiki rarely sit this close to the beach; most are built a bit further inland and prime spots closer to the ocean are generally 'reserved' for hot  .....
    Read more.




    Other Foster Tower Listings
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    Leasehold
    $190,000
    Foster Tower #1505
    Studio | 1 Ba
    529 ft²
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    Foster Tower #1606
    Studio | 1 Ba
    441 ft²
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    Foster Tower #1906
    Studio | 1 Ba
    441 ft²
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    Foster Tower #2306
    Studio | 1 Ba
    441 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.
    Leasehold Expiry: 04/30/34
    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.