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Pacific Monarch #1701 (Waikiki)

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2427 Kuhio Ave #1701, Honolulu

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Description
Experience the relaxing lifestyle of owning this resort studio with kitchenette located in the center of Waikiki. Casual strolls to the famous Waikiki Beach and The International Market Place. Spend quality time with family and friends on a roof top recreational center with beautiful 360-degree views of the ocean and city lights. Included is a pool, jacuzzi, sauna, and an enclosed recreation room with a pool table and HD -TV. The unit comes with a queen size bed, stove top, refrigerator, and owner storage. A legal short term rental property, this unit is in the Resort Rental Program managed by OLS dba Springboard Hospitality. The building has undergone major property renovations in 2023 to the recreation room, hallways and pool deck. The unit has solid hardwood furniture with no veneered parts renovated during phase II program renovations in 2012. Popcorn ceiling removed, repainted and lanai retiled in 2023. The bathroom has bathtub/shower combination.
Past Activity
  • Aug 30, 2024 Sold for $540,000
  • Jul 09, 2024 Under Contract
  • Apr 29, 2024 Listed at $540,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.99
  • Price / ft²: $1,500
  • 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: 2012
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone AE
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain, Ocean
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 4%
  • Management Company: Springboard
  • Security Features: Card, Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Meeting Room, Recreation Area, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-91
  • Tax Assessed Land: $90,400
  • Tax Assessed Improvements: $327,700
  • Tax Assessed Total: $418,100
  • Courtesy: Hawaii Dream Realty LLC / (808) 735-2221
  • MLS: 202409147
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 8/30/24 at $540,000
    (List Price: $540,000)
Description
Experience the relaxing lifestyle of owning this resort studio with kitchenette located in the center of Waikiki. Casual strolls to the famous Waikiki Beach and The International Market Place. Spend quality time with family and friends on a roof top recreational center with beautiful 360-degree views of the ocean and city lights. Included is a pool, jacuzzi, sauna, and an enclosed recreation room with a pool table and HD -TV. The unit comes with a queen size bed, stove top, refrigerator, and owner storage. A legal short term rental property, this unit is in the Resort Rental Program managed by OLS dba Springboard Hospitality. The building has undergone major property renovations in 2023 to the recreation room, hallways and pool deck. The unit has solid hardwood furniture with no veneered parts renovated during phase II program renovations in 2012. Popcorn ceiling removed, repainted and lanai retiled in 2023. The bathroom has bathtub/shower combination.
    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.
    • Aug 30, 2024 Sold for $540,000
    • Jul 09, 2024 Under Contract
    • Apr 29, 2024 Listed at $540,000
    • 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.