Hawaii Living

Royal Garden At Waikiki #1704 (Waikiki)

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440 Olohana St #1704, Honolulu

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Description
Attention investors and snowbirds! Here's your opportunity to own a legal Short Term Rental in the heart of Waikiki. This stunning condotel unit is the perfect place for tropical getaways and a potentially lucrative investment property with tremendous short-term rental potential on platforms like Airbnb and VRBO. One of the most attractive features of this property is that the building management doesn't charge any additional fees for short-term rentals, allowing you to maximize your rental income. The unit has previously undergone a renovation, boasting stylish new flooring, sleek quartz countertops, and high-end marble finishes that set it apart from your average condotel. As you step inside, you'll be impressed by the elegance and attention to detail that rivals a 5-star hotel. The property offers a range of amenities, including a refreshing pool, very private green spaces and BBQ Areas, a well-equipped gym, and on-site laundry facilities, providing the perfect blend of relaxation and convenience for you and your guests. The location is second to none, near a wide array of restaurants, luxury brand stores, lush parks, and the famous beach Waikiki.
Past Activity
  • May 29, 2024 Sold for $420,000
  • Apr 13, 2024 Under Contract
  • Apr 09, 2024 Listed at $432,500
  • Mar 22, 2024 Off Market
  • Feb 05, 2024 Back to Active
  • Feb 01, 2024 Under Contract
  • Jan 03, 2024 Price $425,000
  • Nov 01, 2023 Listed at $430,000
  • Nov 01, 2023 Off Market
  • Aug 18, 2023 Listed at $430,000
  • Jul 22, 2022 Off Market
  • Feb 25, 2022 Listed at $385,000
  • Feb 19, 2022 Off Market
  • Jan 07, 2022 Price $390,000
  • Aug 24, 2021 Listed at $400,000
  • Jul 30, 2018 Sold for $395,000
  • Jul 12, 2018 Under Contract
  • Jul 12, 2018 Price $395,000
  • Jul 11, 2018 Under Contract
  • Jul 11, 2018 Listed at $349,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.72
  • Price / ft²: $1,265
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Sewer, Water
  • Year Remodeled: 2018
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AO
  • View: City, Marina/Canal, Mountain
  • Furnished: Negotiable
  • Property Condition: Excellent,Above Average
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Card, Key, Security Patrol, Video
  • Amenities: BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Resident Manager, Sauna, Security Guard, Trash Chute
  • TMK: 1-2-6-16-39-133
  • Tax Assessed Land: $91,200
  • Tax Assessed Improvements: $282,200
  • Tax Assessed Total: $373,400
  • Courtesy: Keller Williams Honolulu / (808) 596-2888
  • MLS: 202407791
Good to Know
  • Address: 440 Olohana St, Honolulu, HI 96815.
  • Built in 1977, 212 Units on 24 Floors, Studio - 2BR, Pets: No.
  • Amenities include Heated Pool, BBQ, Fitness Room, Recreation Deck, Porter/Bellhop Service, Concierge.
  • Marble  bathrooms in every condo!

About Royal Garden at Waikiki
The Royal Garden at Waikiki is a wonderful way to enter the condotel market, but at a higher level than most other options. This is an upscale property that sets the tone immediately with an entrance that looks like something from a Victorian era photograph. It stands out distinctly on the  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 08, 2024.Information is deemed reliable but not guaranteed.
  • Sold 5/29/24 at $420,000
    (List Price: $432,500)
Description
Attention investors and snowbirds! Here's your opportunity to own a legal Short Term Rental in the heart of Waikiki. This stunning condotel unit is the perfect place for tropical getaways and a potentially lucrative investment property with tremendous short-term rental potential on platforms like Airbnb and VRBO. One of the most attractive features of this property is that the building management doesn't charge any additional fees for short-term rentals, allowing you to maximize your rental income. The unit has previously undergone a renovation, boasting stylish new flooring, sleek quartz countertops, and high-end marble finishes that set it apart from your average condotel. As you step inside, you'll be impressed by the elegance and attention to detail that rivals a 5-star hotel. The property offers a range of amenities, including a refreshing pool, very private green spaces and BBQ Areas, a well-equipped gym, and on-site laundry facilities, providing the perfect blend of relaxation and convenience for you and your guests. The location is second to none, near a wide array of restaurants, luxury brand stores, lush parks, and the famous beach Waikiki.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 08, 2024.Information is deemed reliable but not guaranteed.
    • May 29, 2024 Sold for $420,000
    • Apr 13, 2024 Under Contract
    • Apr 09, 2024 Listed at $432,500
    • Mar 22, 2024 Off Market
    • Feb 05, 2024 Back to Active
    • Feb 01, 2024 Under Contract
    • Jan 03, 2024 Price $425,000
    • Nov 01, 2023 Listed at $430,000
    • Nov 01, 2023 Off Market
    • Aug 18, 2023 Listed at $430,000
    • Jul 22, 2022 Off Market
    • Feb 25, 2022 Listed at $385,000
    • Feb 19, 2022 Off Market
    • Jan 07, 2022 Price $390,000
    • Aug 24, 2021 Listed at $400,000
    • Jul 30, 2018 Sold for $395,000
    • Jul 12, 2018 Under Contract
    • Jul 12, 2018 Price $395,000
    • Jul 11, 2018 Under Contract
    • Jul 11, 2018 Listed at $349,000
    • Address: 440 Olohana St, Honolulu, HI 96815.
    • Built in 1977, 212 Units on 24 Floors, Studio - 2BR, Pets: No.
    • Amenities include Heated Pool, BBQ, Fitness Room, Recreation Deck, Porter/Bellhop Service, Concierge.
    • Marble  bathrooms in every condo!

    About Royal Garden at Waikiki
    The Royal Garden at Waikiki is a wonderful way to enter the condotel market, but at a higher level than most other options. This is an upscale property that sets the tone immediately with an entrance that looks like something from a Victorian era photograph. It stands out distinctly on the  .....
    Read more.


    Other Royal Garden At Waikiki 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.