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Pacific Monarch #2008 (Waikiki)

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2427 Kuhio Ave #2008, Honolulu

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Description
Welcome to Pacific Monarch! Conveniently located in the heart of Waikiki. A fully furnished FEE SIMPLE studio with kitchenet and open-air balcony facing Diamond Head. This is a LEGAL SHORT-TERM RENTAL property and is now participating in the Hotel Rental Program; and it could either be released from the program upon closing, or stay with the program. Subject to your own due diligence. Seller offers $10,000 credit to Buyer at closing! Maint. fee ($717/mo 2024) includes electricity, water, hot water, basic cable TV, and basic internet. Pacific Monarch features a recently renovated Rooftop Pool Deck where amazing views of the Pacific Ocean, Ko’olau Mountain Range, and Honolulu Cityscape can be enjoyed, as well as an adjacent indoor Hospitality Suite with dining tables, lounge chairs, TV, pool table and more. On-site conveniences include community laundry room on the 3rd floor. Proximity to world-famous Waikiki Beach, shops, restaurant, bus lines & more!
Past Activity
  • Jul 26, 2024 Sold for $560,000
  • Jul 12, 2024 Under Contract
  • Jun 29, 2024 Listed at $499,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.99
  • Price / ft²: $1,556
  • 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
  • View: City, Mountain, Ocean
  • Furnished: Full
  • Property Condition: Above Average,Average
  • Owner Occupancy: 4%
  • Management Company: Springboard
  • Security Features: Card, Key, Keyed Elevator
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Patio/Deck, Recreation Area, Recreation Room, Sauna, Security Guard, Trash Chute
  • TMK: 1-2-6-23-56-122
  • Tax Assessed Land: $93,400
  • Tax Assessed Improvements: $356,600
  • Tax Assessed Total: $450,000
  • Courtesy: Aloha-RE.com / (808) 799-0695
  • MLS: 202415199
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 7/26/24 at $560,000
    (List Price: $499,000)
Description
Welcome to Pacific Monarch! Conveniently located in the heart of Waikiki. A fully furnished FEE SIMPLE studio with kitchenet and open-air balcony facing Diamond Head. This is a LEGAL SHORT-TERM RENTAL property and is now participating in the Hotel Rental Program; and it could either be released from the program upon closing, or stay with the program. Subject to your own due diligence. Seller offers $10,000 credit to Buyer at closing! Maint. fee ($717/mo 2024) includes electricity, water, hot water, basic cable TV, and basic internet. Pacific Monarch features a recently renovated Rooftop Pool Deck where amazing views of the Pacific Ocean, Ko’olau Mountain Range, and Honolulu Cityscape can be enjoyed, as well as an adjacent indoor Hospitality Suite with dining tables, lounge chairs, TV, pool table and more. On-site conveniences include community laundry room on the 3rd floor. Proximity to world-famous Waikiki Beach, shops, restaurant, bus lines & 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.
    • Jul 26, 2024 Sold for $560,000
    • Jul 12, 2024 Under Contract
    • Jun 29, 2024 Listed at $499,000
    • 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.