Hawaii Living

Waikiki Banyan #2902-I (Waikiki)

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  • Asking Price: $739,000
  • Beds: 1
  • Baths: 1
  • Living: 533 ft²
  • Balcony: 67 ft²
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $902 / month
  • Other Monthly Fee: $623 / month
  • Property Taxes: $602 / month
  • Est. Mortgage: $3,640 / mo - adjust loan
  • Time Listed for Sale: 165 days
  • Status Active
  • Tenure: Fee Simple
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  • Open House:
    Sun Feb 23, 2pm - 5pm
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201 Ohua Ave #2902-I, Honolulu

Inquire / Showing / Video Tour
Call/Text George (808) 554-1635 or use contact form.
We are expert real estate agents and have sold many condos in Waikiki Banyan. We would be happy to assist you too.
Description
This high-floor unit in the Waikiki Banyan Tower-1 offers partial ocean view from lanai and is just minutes away from Waikiki Beach, premier shopping, and fine dining. Currently enrolled in the Aqua-Aston Hotel Rental Program, this unit provides a perfect balance of personal use and investment income. It is in great condition, thanks to daily maid service and maintenance provided by the hotel rental program. Elevator modernization and renovation of the amenity deck on the 6th floor are in progress. Fire sprinklers and recently installed new DWV piping system throughout the building add to the overall value and peace of mind. While the unit comes with the sandwich lease ($52.20 per month), it will end in November 2035, after which the property will be 100% fee simple property. Special assessment is $570.78 per month until December 2025, BUT SPECIAL ASSESSMENTS WILL BE PAID OFF BY THE SELLER AT CLOSING! This is an incredible opportunity to own a property with excellent rental potential and long-term value. Don't miss out on this exceptional opportunity!
Recent Activity
  • Jan 28, 2025 Price $739,000
  • Nov 01, 2024 Price $779,000
  • Oct 01, 2024 Price $799,000
  • Sep 10, 2024 Listed at $819,000
Past Sales
(Waikiki Banyan)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.86
  • Price / ft²: $1,386
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2009
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Mountain, Ocean
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 10%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Patio/Deck, Playground, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-306
  • Tax Assessed Land: $112,500
  • Tax Assessed Improvements: $651,700
  • Tax Assessed Total: $764,200
  • Courtesy: Map Vision Inc. / (808) 971-0101
  • MLS: 202420582
Ask George a Question
About Waikiki Banyan
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
     
  • Built: 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
     
  • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

Note: For 12 months, from 1/2025 to 12/2025, each Waikiki Banyan condo unit is being assessed an additional $570.78/mo to pay for the pool deck renovation project, increases in insurance costs, and other capital improvements. The pool deck renovation project will take 10 to 12 months t  ..... Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 22, 2025.Information is deemed reliable but not guaranteed.
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Featured
$735,000
Waikiki Banyan #1409-T2
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533 ft²
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$730,000
Waikiki Banyan #1608
1 Bd | 1 Ba
533 ft²
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$729,000
Waikiki Banyan #1109 Makai
1 Bd | 1 Ba
533 ft²
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$725,000
Waikiki Banyan #1605-I
1 Bd | 1 Ba
533 ft²
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$680,000
Pacific Monarch #906
1 Bd | 1 Ba
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$679,000
Ilikai Marina #1299
1 Bd | 1 Ba
742 ft²
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$665,000
Waikiki Sunset #1705
1 Bd | 1 Ba
546 ft²
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$630,000
Hawaiian Monarch #2904
1 Bd | 2 Ba
476 ft²
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Luana Waikiki #1607
1 Bd | 1 Ba
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Featured
$888,000
Waikiki Shore #405
Studio | 1 Ba
347 ft²
  • Asking Price: $739,000
Description
This high-floor unit in the Waikiki Banyan Tower-1 offers partial ocean view from lanai and is just minutes away from Waikiki Beach, premier shopping, and fine dining. Currently enrolled in the Aqua-Aston Hotel Rental Program, this unit provides a perfect balance of personal use and investment income. It is in great condition, thanks to daily maid service and maintenance provided by the hotel rental program. Elevator modernization and renovation of the amenity deck on the 6th floor are in progress. Fire sprinklers and recently installed new DWV piping system throughout the building add to the overall value and peace of mind. While the unit comes with the sandwich lease ($52.20 per month), it will end in November 2035, after which the property will be 100% fee simple property. Special assessment is $570.78 per month until December 2025, BUT SPECIAL ASSESSMENTS WILL BE PAID OFF BY THE SELLER AT CLOSING! This is an incredible opportunity to own a property with excellent rental potential and long-term value. Don't miss out on this exceptional opportunity!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 22, 2025.Information is deemed reliable but not guaranteed.
    • Jan 28, 2025 Price $739,000
    • Nov 01, 2024 Price $779,000
    • Oct 01, 2024 Price $799,000
    • Sep 10, 2024 Listed at $819,000
    • Address: 201 Ohua Ave, Honolulu, HI 96815.
       
    • Built: 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
       
    • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

    Note: For 12 months, from 1/2025 to 12/2025, each Waikiki Banyan condo unit is being assessed an additional $570.78/mo to pay for the pool deck renovation project, increases in insurance costs, and other capital improvements. The pool deck renovation project will take 10 to 12 months t  ..... Read more.


    Other Waikiki Banyan Listings
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    Featured
    $735,000
    Waikiki Banyan #1409-T2
    1 Bd | 1 Ba
    533 ft²
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    $730,000
    Waikiki Banyan #1608
    1 Bd | 1 Ba
    533 ft²
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    $729,000
    Waikiki Banyan #1109 Makai
    1 Bd | 1 Ba
    533 ft²
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    $725,000
    Waikiki Banyan #1605-I
    1 Bd | 1 Ba
    533 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.
    Buyer and Seller have reached an agreement and are under contract. The sale may be 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.