Hawaii Living

Pacific Monarch #1208 (Waikiki)

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2427 Kuhio Ave #1208, Honolulu

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Call agent (808) 343-5000 or use contact form.
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Description
Here's your opportunity to own a legal short-term rental unit at the highly sought after Pacific Monarch in Waikiki! This studio unit has just been remodeled, highlighting the open layout with floor-to-ceiling windows that brighten the space and offer spectacular views of Waikiki. Enjoy the kitchenette, which boasts all new cabinets, waterfall countertop and new appliances (hot plate, microwave, refrigerator). The rest of the unit has been remodeled as well including the bathroom, new vinyl floors, ceiling fan and the entire unit has been painted (popcorn ceiling removed). Amenities include rooftop pool, jacuzzi, sauna and an enclosed recreation room with pool table and TV. To manage your short-term rental property, you can choose to join the Pacific Monarch Hotel Rental Pool and have them handle everything, or you can self-manage and handle the rentals yourself or use a property manager. Pacific Monarch is conveniently located in Waikiki with abundant attractions, restaurants and just a couple blocks from its world-famous beaches.
Recent Activity
  • Sep 13, 2024 Under Contract
  • Sep 06, 2024 Listed at $565,000
  • May 13, 2024 Sold for $505,000
  • Mar 16, 2024 Under Contract
  • Nov 02, 2023 Listed at $520,000
  • Mar 08, 2022 Sold for $360,000
  • Feb 18, 2022 Under Contract
  • Feb 15, 2022 Off Market
  • Feb 11, 2022 Under Contract
  • Nov 15, 2021 Price $385,000
  • Sep 05, 2021 Price $398,000
  • Aug 05, 2021 Listed at $415,000
Past Sales
  • #1701: Studio | 1 Ba @ $540K (8/30/24)
  • #2008: Studio | 1 Ba @ $560K (7/26/24)
  • #3205: Studio | 1 Ba @ $700K (7/12/24)
  • #3105: Studio | 1 Ba @ $700K (7/12/24)
  • #1208: Studio | 1 Ba @ $505K (5/13/24)
  • #1407: 1 Bd | 1 Ba @ $625K (4/5/24)
  • #3101: Studio | 1 Ba @ $535K (1/31/24)
  • #1602: 1 Bd | 1 Ba @ $820K (1/17/24)
  • #1803: 1 Bd | 1 Ba @ $800K (1/11/24)
  • #1007: 1 Bd | 1 Ba @ $590K (12/8/23)
  • #902: 1 Bd | 1 Ba @ $710K (11/28/23)
  • #2508: Studio | 1 Ba @ $470K (10/5/23)
  • #3201: Studio | 1 Ba @ $510K (10/2/23)
  • #906: 1 Bd | 1 Ba @ $580K (8/28/23)
  • #603: 1 Bd | 1 Ba @ $608K (7/11/23)
  • #1105: Studio | 1 Ba @ $388K (2/24/23)
  • #2403: 1 Bd | 1 Ba @ $675K (2/6/23)
  • #2306: 1 Bd | 1 Ba @ $610K (2/2/23)
  • #2301: Studio | 1 Ba @ $495K (12/27/22)
  • #1608: Studio | 1 Ba @ $475K (12/20/22)
  • #1802: 1 Bd | 1 Ba @ $685K (11/4/22)
  • #803: 1 Bd | 1 Ba @ $587K (10/14/22)
  • #2701: Studio | 1 Ba @ $280K (9/27/22)
  • #3004 ; 3003: 1 Bd | 2 Ba @ $1M (9/21/22)
  • #708: Studio | 1 Ba @ $410K (8/26/22)
  • #804: Studio | 1 Ba @ $430K (8/3/22)
  • #3104: Studio | 1 Ba @ $470K (7/6/22)
  • #1607: 1 Bd | 1 Ba @ $500K (7/6/22)
  • #2505: Studio | 1 Ba @ $435K (6/23/22)
  • #2005: Studio | 1 Ba @ $415K (6/21/22)
  • #1307: 1 Bd | 1 Ba @ $548K (6/7/22)
  • #1005: Studio | 1 Ba @ $235K (5/31/22)
  • #1205: Studio | 1 Ba @ $405K (5/25/22)
  • #3102: 1 Bd | 1 Ba @ $715K (5/20/22)
  • #2904: Studio | 1 Ba @ $420K (5/2/22)
  • #1006: 1 Bd | 1 Ba @ $300K (4/25/22)
  • ##707: 1 Bd | 1 Ba @ $435K (4/22/22)
  • #1502: 1 Bd | 1 Ba @ $615K (4/12/22)
  • #802: 1 Bd | 1 Ba @ $540K (4/4/22)
  • #2101: Studio | 1 Ba @ $420K (3/30/22)
  • #1605: Studio | 1 Ba @ $405K (3/18/22)
  • #1202: 1 Bd | 1 Ba @ $518K (1/31/22)
  • #1901: Studio | 1 Ba @ $400K (1/20/22)
  • #1306: 1 Bd | 1 Ba @ $430K (12/30/21)
  • #hidden: 1 Bd | 1 Ba @ $420K (12/10/21)
  • #2303: 1 Bd | 1 Ba @ $363K (11/30/21)
  • #701: Studio | 1 Ba @ $310K (10/8/21)
  • #705: Studio | 1 Ba @ $310K (10/8/21)
  • #1501: Studio | 1 Ba @ $385K (9/24/21)
  • #706: 1 Bd | 1 Ba @ $403K (9/9/21)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.99
  • Price / ft²: $1,569
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2024
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone X
  • View: City, Diamond Head, Ocean
  • Furnished: Partial
  • Property Condition: Excellent
  • Owner Occupancy: 4%
  • Management Company: Springboard Hospitality
  • Security Features: Card, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Concierge, Condo Association Pool, Fire Sprinkler, Patio/Deck, Recreation Area, Recreation Room, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-58
  • Tax Assessed Land: $93,400
  • Tax Assessed Improvements: $353,700
  • Tax Assessed Total: $447,100
  • Courtesy: Corcoran Pacific Properties / (808) 589-2040
  • MLS: 202420554
Ask Tanner a Question
Good to Know
  • Address: 2427 Kuhio Ave, Honolulu, HI 96815.
  • Built in 1980, 121 Units on 32 Floors, Studio & 1BR, Pets: No.
  • Amenities include Sauna, Pool, Whirlpool, Party Room, Security Guard.
  • The 1BRs have full kitchens!

About Pacific Monarch
Waikiki's Pacific Monarch will most likely not be your primary residence. This is an investment, an income-making property, maybe even your place to stay when you want to enjoy some beach time. As a condotel, proximity to the sands is extremely important to getting guest bookings for your room. No worries about that here.

The building   .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 16, 2024.Information is deemed reliable but not guaranteed.
  • Asking Price: $565,000
Description
Here's your opportunity to own a legal short-term rental unit at the highly sought after Pacific Monarch in Waikiki! This studio unit has just been remodeled, highlighting the open layout with floor-to-ceiling windows that brighten the space and offer spectacular views of Waikiki. Enjoy the kitchenette, which boasts all new cabinets, waterfall countertop and new appliances (hot plate, microwave, refrigerator). The rest of the unit has been remodeled as well including the bathroom, new vinyl floors, ceiling fan and the entire unit has been painted (popcorn ceiling removed). Amenities include rooftop pool, jacuzzi, sauna and an enclosed recreation room with pool table and TV. To manage your short-term rental property, you can choose to join the Pacific Monarch Hotel Rental Pool and have them handle everything, or you can self-manage and handle the rentals yourself or use a property manager. Pacific Monarch is conveniently located in Waikiki with abundant attractions, restaurants and just a couple blocks from its world-famous beaches.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 16, 2024.Information is deemed reliable but not guaranteed.
    • Sep 13, 2024 Under Contract
    • Sep 06, 2024 Listed at $565,000
    • May 13, 2024 Sold for $505,000
    • Mar 16, 2024 Under Contract
    • Nov 02, 2023 Listed at $520,000
    • Mar 08, 2022 Sold for $360,000
    • Feb 18, 2022 Under Contract
    • Feb 15, 2022 Off Market
    • Feb 11, 2022 Under Contract
    • Nov 15, 2021 Price $385,000
    • Sep 05, 2021 Price $398,000
    • Aug 05, 2021 Listed at $415,000
    • Address: 2427 Kuhio Ave, Honolulu, HI 96815.
    • Built in 1980, 121 Units on 32 Floors, Studio & 1BR, Pets: No.
    • Amenities include Sauna, Pool, Whirlpool, Party Room, Security Guard.
    • The 1BRs have full kitchens!

    About Pacific Monarch
    Waikiki's Pacific Monarch will most likely not be your primary residence. This is an investment, an income-making property, maybe even your place to stay when you want to enjoy some beach time. As a condotel, proximity to the sands is extremely important to getting guest bookings for your room. No worries about that here.

    The building   .....
    Read more.
    Other Pacific Monarch 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.