Hawaii Living

Namahana Terrace #201 (Waikiki)

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448 Namahana St #201, Honolulu

Description
Excellent location in Waikiki, convenient to beaches, shopping, eateries and activities for those ocean enthusiasts! Cool, breezy, preferred corner unit with lovely views of the Ala Wai canal from one of two lanais. New interior paint, reglazed tub, modern kitchen with a gas stove. Entrance has a security gate with easy access to the front door on the second floor. This building with only 14 units is under new management and projected to start major improvements in July 2023, which includes spalling, plumbing, painting and other repairs. Seller will pay the balance of all current assessments prior to closing. Now is your opportunity to own this "diamond in the rough" for an affordable value! To be conveyed in "As Is" condition.
Past Activity
  • Jul 07, 2023 Sold for $280,000
  • May 26, 2023 Under Contract
  • May 15, 2023 Price $283,000
  • May 02, 2023 Listed at $289,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.17
  • Price / ft²: $697
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Gas, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AO
  • View: City, Marina/Canal, Mountain
  • Property Condition: Above Average
  • Owner Occupancy: 36%
  • Management Company: Hawaiiana
  • Amenities: Community Laundry
  • TMK: 1-2-6-15-13-2
  • Tax Assessed Land: $100,200
  • Tax Assessed Improvements: $195,100
  • Tax Assessed Total: $295,300
  • Courtesy: List Sotheby's Int'l Realty / (808) 735-2411
  • MLS: 202310040
Good to Know
Address: 448 Namahana St, Honolulu, HI 96815.

About Namahana Terrace
The Namahana Terrace condos are one of the survivors from before the surge of Waikiki development that started in the late 1960's. It's a simple 5 story walk-up, with elevator, that sits just off of Ala Wai Boulevard on Namahana Street.

The measurements of these homes are, like many buildings from this era, not the largest. Their floor plans include Studio/1BA (416 sq ft), then go up to 1BR/1BA in a variety of spans – 402, 427, 455 and 468 sq ft. Finally, the one Penthouse unit has 749 sq ft divided into 1BR/2BA,  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 22, 2024.Information is deemed reliable but not guaranteed.
Description
Excellent location in Waikiki, convenient to beaches, shopping, eateries and activities for those ocean enthusiasts! Cool, breezy, preferred corner unit with lovely views of the Ala Wai canal from one of two lanais. New interior paint, reglazed tub, modern kitchen with a gas stove. Entrance has a security gate with easy access to the front door on the second floor. This building with only 14 units is under new management and projected to start major improvements in July 2023, which includes spalling, plumbing, painting and other repairs. Seller will pay the balance of all current assessments prior to closing. Now is your opportunity to own this "diamond in the rough" for an affordable value! To be conveyed in "As Is" condition.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 22, 2024.Information is deemed reliable but not guaranteed.
Address: 448 Namahana St, Honolulu, HI 96815.

About Namahana Terrace
The Namahana Terrace condos are one of the survivors from before the surge of Waikiki development that started in the late 1960's. It's a simple 5 story walk-up, with elevator, that sits just off of Ala Wai Boulevard on Namahana Street.

The measurements of these homes are, like many buildings from this era, not the largest. Their floor plans include Studio/1BA (416 sq ft), then go up to 1BR/1BA in a variety of spans – 402, 427, 455 and 468 sq ft. Finally, the one Penthouse unit has 749 sq ft divided into 1BR/2BA,  .....
Read more.
 
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.