Hawaii Living

Pacific Monarch #2905 (Waikiki)

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2427 Kuhio Ave #2905, Honolulu

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Description
Looking for the ideal property, with legal short-term rental potential? Then look no further. Gorgeous renovated unit with wonderful views from mountains to ocean. Top-notch furniture, fixtures and finishes. Currently a very popular and solidly booked vacation rental, ready for you today. Fully turn-key, it has everything you need right from day-one. Pacific Monarch is just a one-minute walk to Waikiki Beach. A prime location with lovely roof-top swimming pool, and many other amenities. On-site secure parking garage available for a daily fee. Studio unit has a new quiet and efficient split-air AC system, luxury furnishings, and a view of Waikiki with it's clear blue waters, awe inspiring sunsets, and dazzling city lights. Choose from self-managing, or let the hotel operation do it all for you. This property could also make a delightful second home for those special getaways. It's all here, opportunity awaits, just steps from all the shopping, entertainment and natural beauty of Hawaii
Recent Activity
Past Sales
  • #605: Studio | 1 Ba @ $450K (11/4/24)
  • #1707: 1 Bd | 1 Ba @ $630K (10/21/24)
  • #2108: Studio | 1 Ba @ $545K (9/20/24)
  • #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)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.99
  • Price / ft²: $1,826
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2021
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone X
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Coastline, Golf Course, Marina/Canal, Mountain, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 3%
  • Management Company: Springboard Hospitality
  • Security Features: Card, Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Fire Sprinkler, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Recreation Room, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-23-56-191
  • Tax Assessed Land: $92,400
  • Tax Assessed Improvements: $359,100
  • Tax Assessed Total: $451,500
  • Courtesy: Isle Style Realty / (808) 497-8740
  • MLS: 202423631
Ask George 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 November 19, 2024.Information is deemed reliable but not guaranteed.
  • Asking Price: $650,000
Description
Looking for the ideal property, with legal short-term rental potential? Then look no further. Gorgeous renovated unit with wonderful views from mountains to ocean. Top-notch furniture, fixtures and finishes. Currently a very popular and solidly booked vacation rental, ready for you today. Fully turn-key, it has everything you need right from day-one. Pacific Monarch is just a one-minute walk to Waikiki Beach. A prime location with lovely roof-top swimming pool, and many other amenities. On-site secure parking garage available for a daily fee. Studio unit has a new quiet and efficient split-air AC system, luxury furnishings, and a view of Waikiki with it's clear blue waters, awe inspiring sunsets, and dazzling city lights. Choose from self-managing, or let the hotel operation do it all for you. This property could also make a delightful second home for those special getaways. It's all here, opportunity awaits, just steps from all the shopping, entertainment and natural beauty of Hawaii
    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.
    • 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.