Hawaii Living

Luana Waikiki #212 (Waikiki)

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2045 Kalakaua Ave #212, Honolulu

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Description
Shows pride of ownership. Lovingly maintained and upgraded by the owner who used this as their favorite vacation home in paradise. Strong rental income, currently managed by the Aqua front desk operator. Rare two (!) Queen bed configuration for maximum cash flow. Pristine condition in a quality well-managed boutique condotel building next to Fort DeRussy Park. Treetop views above the adjacent former Japanese restaurant. Unit #212 is at the equivalent height of a 4th-floor elevation. $868.23/mo total maintenance fee for 2023 includes $305.91 capital reserves and $84.77 loan payment for completed building upgrades, e.g., new lanai sliding doors and lanai railings. The building looks sharp inside and out. Huge pool deck and a gym. Get the best of both worlds: Maximizing cash flow potential with short-term rental flexibility, plus a top-quality lifestyle in the heart of Waikiki. ---> 5.11.2023: Escrow looks shaky, please submit your backup offer now.
Past Activity
  • Jun 07, 2023 Sold for $395,000
  • May 11, 2023 Price $400,000
  • Apr 24, 2023 Under Contract
  • Apr 11, 2023 Price $405,000
  • Mar 19, 2023 Listed at $415,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.77
  • Price / ft²: $1,262
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone AO
  • View: City, Garden, Sunrise
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 2%
  • Management Company: Aqua Aston
  • Security Features: Key, Video
  • Amenities: BBQ, Exercise Room, Heated Pool, Patio/Deck
  • TMK: 1-2-6-6-2-26
  • Tax Assessed Land: $88,800
  • Tax Assessed Improvements: $242,700
  • Tax Assessed Total: $331,500
  • Courtesy: Hawaii Living LLC / (808) 943-9000
  • MLS: 202306462
Good to Know
Profile
  • Address: 2045 Kalakaua Ave, Honolulu, HI 96815.
  • Built in 1971, with 230 Units over 17 Floors, Studio & 1BR Floor plans, Pets: No.
  • Amenities include Heated Pool, Exercise Room, BBQ, Recreation Area, Concierge, Restaurant.
  • Ft Derussy Park, which the Luana looks out on, is 66 acres of mostly green lawn, trees & tropical flora. Only Kapiolani Park can claim more open space in Waikiki.

About Luana Waikiki
The Luana Waikiki is another of the Waikiki condos that went through condotel conversion in the 1st decade of the 21st Century. They did more than just conv  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 18, 2024.Information is deemed reliable but not guaranteed.
Other Luana Waikiki Listings
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$395,000
Luana Waikiki #518
Studio | 1 Ba
313 ft²
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Featured
$428,000
Luana Waikiki #816
Studio | 1 Ba
362 ft²
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$430,000
Luana Waikiki #615
Studio | 1 Ba
313 ft²
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$479,000
Luana Waikiki #1510
Studio | 1 Ba
313 ft²
Other Condotels
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$399,000
Island Colony #4204
Studio | 1 Ba
292 ft²
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$373,500
Aloha Surf Hotel #1504
Studio | 1 Ba
322 ft²
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$368,000
Hawaiian Monarch #1408
Studio | 1 Ba
255 ft²
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$430,000
Waikiki Grand Hotel #219
Studio | 1 Ba
363 ft²
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$430,000
Royal Garden At Waikiki #1804
Studio | 1 Ba
332 ft²
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$437,000
Tradewinds Plaza #806
Studio | 1 Ba
481 ft²
  • Sold 6/7/23 at $395,000
    (List Price: $400,000)
Description
Shows pride of ownership. Lovingly maintained and upgraded by the owner who used this as their favorite vacation home in paradise. Strong rental income, currently managed by the Aqua front desk operator. Rare two (!) Queen bed configuration for maximum cash flow. Pristine condition in a quality well-managed boutique condotel building next to Fort DeRussy Park. Treetop views above the adjacent former Japanese restaurant. Unit #212 is at the equivalent height of a 4th-floor elevation. $868.23/mo total maintenance fee for 2023 includes $305.91 capital reserves and $84.77 loan payment for completed building upgrades, e.g., new lanai sliding doors and lanai railings. The building looks sharp inside and out. Huge pool deck and a gym. Get the best of both worlds: Maximizing cash flow potential with short-term rental flexibility, plus a top-quality lifestyle in the heart of Waikiki. ---> 5.11.2023: Escrow looks shaky, please submit your backup offer now.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 18, 2024.Information is deemed reliable but not guaranteed.
    • Jun 07, 2023 Sold for $395,000
    • May 11, 2023 Price $400,000
    • Apr 24, 2023 Under Contract
    • Apr 11, 2023 Price $405,000
    • Mar 19, 2023 Listed at $415,000
    Profile
    • Address: 2045 Kalakaua Ave, Honolulu, HI 96815.
    • Built in 1971, with 230 Units over 17 Floors, Studio & 1BR Floor plans, Pets: No.
    • Amenities include Heated Pool, Exercise Room, BBQ, Recreation Area, Concierge, Restaurant.
    • Ft Derussy Park, which the Luana looks out on, is 66 acres of mostly green lawn, trees & tropical flora. Only Kapiolani Park can claim more open space in Waikiki.

    About Luana Waikiki
    The Luana Waikiki is another of the Waikiki condos that went through condotel conversion in the 1st decade of the 21st Century. They did more than just conv  .....
    Read more.
    Other Luana Waikiki Listings
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    $395,000
    Luana Waikiki #518
    Studio | 1 Ba
    313 ft²
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    Featured
    $428,000
    Luana Waikiki #816
    Studio | 1 Ba
    362 ft²
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    $430,000
    Luana Waikiki #615
    Studio | 1 Ba
    313 ft²
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    $479,000
    Luana Waikiki #1510
    Studio | 1 Ba
    313 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.