Hawaii Living

Pacific Monarch #1602 (Waikiki)

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2427 Kuhio Ave #1602, Honolulu

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Description
In the heart of Waikiki comes this amazing investment opportunity. Rarely available daily rental unit in one of Hawaii's finest boutique condotels. Very well maintained Pacific Monarch features hotel like amenities, including rooftop recreation and sunbathing with pool, sauna, jacuzzi & sauna & indulgent sweeping views of Diamond Head, the Ko'olau Mountains & the stunning Pacific ocean. Also convenient laundry room and trash chute. Close to World Famous Waikiki Beach, International Market Place, shopping, restaurants and more! The lovely 1/1 unit features a new refrigerator, big screen tv, two single beds, fold-away bed with new mattress, new a/c in 2022, freshly painted & a gorgeous full length lanai from living room to bedroom so you can enjoy time on the outside of the unit soaking up all Hawaii has to offer. Ideal for the first time or seasoned investor, this condotel is a must see!
Past Activity
  • Jan 17, 2024 Sold for $820,000
  • Dec 08, 2023 Under Contract
  • Dec 06, 2023 Listed at $720,000
  • Dec 14, 2021 Off Market
  • Mar 17, 2021 Listed at $615,000
  • Feb 19, 2015 Sold for $490,000
  • Nov 25, 2014 Under Contract
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.09
  • Price / ft²: $1,851
  • 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 AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Coastline, Diamond Head, Garden, Golf Course, Mountain, Ocean, Other, Sunrise, Sunset
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 5%
  • Management Company: Spring Board
  • Security Features: Card, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Fire Sprinkler, Heated Pool, Meeting Room, Other, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-84
  • Tax Assessed Land: $116,600
  • Tax Assessed Improvements: $506,400
  • Tax Assessed Total: $623,000
  • Courtesy: Hawaii Life / (800) 370-3848
  • MLS: 202326334
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 November 19, 2024.Information is deemed reliable but not guaranteed.
  • Sold 1/17/24 at $820,000
    (List Price: $720,000)
Description
In the heart of Waikiki comes this amazing investment opportunity. Rarely available daily rental unit in one of Hawaii's finest boutique condotels. Very well maintained Pacific Monarch features hotel like amenities, including rooftop recreation and sunbathing with pool, sauna, jacuzzi & sauna & indulgent sweeping views of Diamond Head, the Ko'olau Mountains & the stunning Pacific ocean. Also convenient laundry room and trash chute. Close to World Famous Waikiki Beach, International Market Place, shopping, restaurants and more! The lovely 1/1 unit features a new refrigerator, big screen tv, two single beds, fold-away bed with new mattress, new a/c in 2022, freshly painted & a gorgeous full length lanai from living room to bedroom so you can enjoy time on the outside of the unit soaking up all Hawaii has to offer. Ideal for the first time or seasoned investor, this condotel is a must see!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 19, 2024.Information is deemed reliable but not guaranteed.
    • Jan 17, 2024 Sold for $820,000
    • Dec 08, 2023 Under Contract
    • Dec 06, 2023 Listed at $720,000
    • Dec 14, 2021 Off Market
    • Mar 17, 2021 Listed at $615,000
    • Feb 19, 2015 Sold for $490,000
    • Nov 25, 2014 Under Contract
    • 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.