Hawaii Living

Waikiki Skyliner #606 (Waikiki)

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  • Sold 3/18/16 at $283,000
    (List Price: $298,000)
  • Beds: 2
  • Baths: 1
  • Living: 755 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/58
  • Lease Rent: $ 28 / month
  • Fee Purchase: Not available
  • Balcony: 90 ft²
  • Built: 1968
  • Parking: 1
  • Maint. (HOA) Fees: $654 / month
  • Property Taxes: $100 / month ?
  • Est. Mortgage: $1,507 / mo - adjust loan
  • Time Listed for Sale: 76 days
  • Status: Sold
  • Buy without visiting ?
  • All Waikiki Skyliner condos for sale »
  • All Waikiki condos for sale »

2415 Ala Wai Blvd #606, Honolulu

Description
UNDER $300K! ATTENTION INVESTORS: GET MORE BANG FOR YOUR BUCK! Upgraded leasehold unit in pet-friendly Waikiki Skyliner. Both kitchen & bath have been renovated. Secured bldg is centrally-located for easy access to all Waikiki has to offer. This is an amazing price for a 2-bedroom unit in Waikiki w/ parking. The lease rent is fixed at only $28.28/mo until the year 2058 so it's almost like fee simple! A similar fee-simple unit will cost you so much more so why buy a more expensive fee-simple unit when you can charge the same rent for a cheaper leasehold unit? Savvy investors won't pass this up!
Past Activity
  • Jul 12, 2019 Sold for $312,000
  • Apr 20, 2019 Under Contract
  • Jan 22, 2019 Listed at $350,000
  • Mar 18, 2016 Sold for $283,000
  • Feb 02, 2016 Under Contract
  • Dec 11, 2015 Price $298,000
  • Nov 18, 2015 Listed at $308,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.87
  • Price / ft²: $375
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Marina/Canal, Mountain
  • Property Condition: Above Average
  • Owner Occupancy: 51%
  • Management Company: Hawaiiana Mgmt
  • Security Features: Key, Keyed Elevator, Video
  • Amenities: Other, Pool on Property, Resident Manager, Trash Chute
  • TMK: 1-2-6-24-74-14
  • Tax Assessed Land: $45,000
  • Tax Assessed Improvements: $298,100
  • Tax Assessed Total: $343,100
  • Courtesy: Keller Williams Honolulu
  • MLS: 201521251
Good to Know
  • Built in 1968, 20 Floors with 122 Units, 1 - 2BR, Pets: OK (verify).
  • Ameneties include Pool, Resident Manager.
  • Leasehold with expiry year 2058. However, lease rent is fixed until expiry (no re-negotiations dates, as normally is the case).

See other Waikiki condos for sale.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
  • Sold 3/18/16 at $283,000
    (List Price: $298,000)
Description
UNDER $300K! ATTENTION INVESTORS: GET MORE BANG FOR YOUR BUCK! Upgraded leasehold unit in pet-friendly Waikiki Skyliner. Both kitchen & bath have been renovated. Secured bldg is centrally-located for easy access to all Waikiki has to offer. This is an amazing price for a 2-bedroom unit in Waikiki w/ parking. The lease rent is fixed at only $28.28/mo until the year 2058 so it's almost like fee simple! A similar fee-simple unit will cost you so much more so why buy a more expensive fee-simple unit when you can charge the same rent for a cheaper leasehold unit? Savvy investors won't pass this up!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Jul 12, 2019 Sold for $312,000
    • Apr 20, 2019 Under Contract
    • Jan 22, 2019 Listed at $350,000
    • Mar 18, 2016 Sold for $283,000
    • Feb 02, 2016 Under Contract
    • Dec 11, 2015 Price $298,000
    • Nov 18, 2015 Listed at $308,000
    • Built in 1968, 20 Floors with 122 Units, 1 - 2BR, Pets: OK (verify).
    • Ameneties include Pool, Resident Manager.
    • Leasehold with expiry year 2058. However, lease rent is fixed until expiry (no re-negotiations dates, as normally is the case).

    See other Waikiki condos for sale.
    Other Waikiki Skyliner 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.
    Leasehold Expiry: 12/31/58
    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.