Hawaii Living

Pacific Monarch #2701 (Waikiki)

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  • Sold 9/27/22 at $280,000
    (List Price: $275,000)
  • Beds: 0
  • Baths: 1
  • Living: 360 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 04/27/54
  • Lease Rent: $ 159 / month
  • Fee Purchase: Not available
  • Balcony: 58 ft²
  • Built: 1980
  • Parking: 0
  • Maint. (HOA) Fees: $672 / month
  • Property Taxes: $434 / month ?
  • Est. Mortgage: $1,355 / mo - adjust loan
  • Time Listed for Sale: 4 days
  • Status: Sold
  • Buy without visiting ?
  • All Pacific Monarch condos for sale »
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2427 Kuhio Ave #2701, Honolulu

Description
Rarely available High floor "01" studio has a wide floor plan on the Diamond Head side, with ocean and mountain views. Resort Hotel Zoned for LEGAL SHORT-TERM RENTALS. This unit is fully furnished and maintained under the Hotel pool with a very high occupancy rate. Private management is also possible. The sliding glass doors expand your view. Located in the heart of Waikiki just 2 blocks from Waikiki Beach. Don’t miss this prime opportunity.
Past Activity
  • Sep 27, 2022 Sold for $280,000
  • Sep 12, 2022 Under Contract
  • Sep 08, 2022 Listed at $275,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.87
  • Price / ft²: $778
  • 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, Ocean
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 20%
  • Management Company: Springboard Hospitality
  • Security Features: Card, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Patio/Deck, Recreation Room, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-171
  • Tax Assessed Land: $88,500
  • Tax Assessed Improvements: $274,500
  • Tax Assessed Total: $363,000
  • Courtesy: Kaina Hale Hawaii Realty Inc. / (808) 600-8484
  • MLS: 202218919
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 December 21, 2024.Information is deemed reliable but not guaranteed.
Other Pacific Monarch Listings
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$545,000
Pacific Monarch #1504
Studio | 1 Ba
360 ft²
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$625,000
Pacific Monarch #804
Studio | 1 Ba
352 ft²
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$720,000
Pacific Monarch #1607
1 Bd | 1 Ba
443 ft²
Other Condotels
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$285,000
Bamboo #905
Studio | 1 Ba
240 ft²
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$299,000
Hawaiian Monarch #2502
Studio | 1 Ba
223 ft²
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$320,000
Island Colony #1118
Studio | 1 Ba
313 ft²
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$320,000
Luana Waikiki #119
Studio | 1 Ba
313 ft²
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$345,000
Palms At Waikiki #914
Studio | 1 Ba
291 ft²
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$350,000
Tradewinds Plaza #802
Studio | 1 Ba
266 ft²
  • Sold 9/27/22 at $280,000
    (List Price: $275,000)
Description
Rarely available High floor "01" studio has a wide floor plan on the Diamond Head side, with ocean and mountain views. Resort Hotel Zoned for LEGAL SHORT-TERM RENTALS. This unit is fully furnished and maintained under the Hotel pool with a very high occupancy rate. Private management is also possible. The sliding glass doors expand your view. Located in the heart of Waikiki just 2 blocks from Waikiki Beach. Don’t miss this prime opportunity.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
    • Sep 27, 2022 Sold for $280,000
    • Sep 12, 2022 Under Contract
    • Sep 08, 2022 Listed at $275,000
    • 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
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    $545,000
    Pacific Monarch #1504
    Studio | 1 Ba
    360 ft²
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    $625,000
    Pacific Monarch #804
    Studio | 1 Ba
    352 ft²
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    $720,000
    Pacific Monarch #1607
    1 Bd | 1 Ba
    443 ft²
     
    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.
    Leasehold Expiry: 04/27/54
    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.