Hawaii Living

Rainbow Terrace #305 (Kapiolani)

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2875 King St #305, Honolulu

Description
Rarely available 1 bedroom, 1 bathroom located in Rainbow Terrace. This unit features a thoughtfully designed floor plan with a, spacious living area, and a bathroom that can be accessed from both the bedroom and living area. There is an 80 sq ft lanai, and the large glass sliders bring in lots of natural light to the living room. The kitchen has a large pantry, microwave range hood, and a gas stove for those who love to cook! The large bedroom has wall to wall closets for plenty of storage. It is also located on the cool and breezy mauka side of the building. The maintenance fees also include water, sewer, plus gas and hot water to help save on your electric costs. The unit has been well maintained, is move in ready with vinyl plank floors, new vertical blinds, and the cabinet doors / interior walls are freshly painted. Centrally located and minutes away from UH Manoa, Kapahulu, Waikiki, and Ala Moana. There is easy access to the highways, bus, and there are too many restaurant and shopping options to list! Easy to see!
Past Activity
  • Jan 10, 2023 Sold for $317,000
  • Nov 28, 2022 Under Contract
  • Nov 15, 2022 Listed at $319,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.88
  • Price / ft²: $556
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Gas, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: 32 - B-2 Community Business Dis
  • Flood Zone: Zone X
  • View: City
  • Property Condition: Above Average
  • Owner Occupancy: 25%
  • Management Company: Hawaiiana
  • Security Features: Keyed Elevator, Video
  • Amenities: Community Laundry, Resident Manager, Storage
  • TMK: 1-2-7-27-28-16
  • Tax Assessed Land: $196,500
  • Tax Assessed Improvements: $84,100
  • Tax Assessed Total: $280,600
  • Courtesy: BHGRE Advantage Realty / (808) 738-3600
  • MLS: 202223711
Good to Know
  • Address: 2873 South King Street, Honolulu, HI 96826.
  • Built in 1969, with 4 stories and 33 units of 1BR floor plans.
  • Amenities: Security Guard.
  • Pets: No (verify).
  • Interesting: Rainbow Terrace has recently installed a PV system to provide some of the needed power through green means.

Rainbow Terrace residents have what must be one of the fastest paths to get onto H1 in all of Honolulu. Once you've pulled out of the building's parking lot, it's mere seconds before you're descending from King St into the H1E traffic, so close is it.

H1W takes a little longer,  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 22, 2024.Information is deemed reliable but not guaranteed.
Description
Rarely available 1 bedroom, 1 bathroom located in Rainbow Terrace. This unit features a thoughtfully designed floor plan with a, spacious living area, and a bathroom that can be accessed from both the bedroom and living area. There is an 80 sq ft lanai, and the large glass sliders bring in lots of natural light to the living room. The kitchen has a large pantry, microwave range hood, and a gas stove for those who love to cook! The large bedroom has wall to wall closets for plenty of storage. It is also located on the cool and breezy mauka side of the building. The maintenance fees also include water, sewer, plus gas and hot water to help save on your electric costs. The unit has been well maintained, is move in ready with vinyl plank floors, new vertical blinds, and the cabinet doors / interior walls are freshly painted. Centrally located and minutes away from UH Manoa, Kapahulu, Waikiki, and Ala Moana. There is easy access to the highways, bus, and there are too many restaurant and shopping options to list! Easy to see!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 22, 2024.Information is deemed reliable but not guaranteed.
  • Address: 2873 South King Street, Honolulu, HI 96826.
  • Built in 1969, with 4 stories and 33 units of 1BR floor plans.
  • Amenities: Security Guard.
  • Pets: No (verify).
  • Interesting: Rainbow Terrace has recently installed a PV system to provide some of the needed power through green means.

Rainbow Terrace residents have what must be one of the fastest paths to get onto H1 in all of Honolulu. Once you've pulled out of the building's parking lot, it's mere seconds before you're descending from King St into the H1E traffic, so close is it.

H1W takes a little longer,  .....
Read more.
 
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.