We are expert real estate agents and have sold many condos in Waikiki Sunset. We would be happy to assist you too.
Description
Nothing was spared in this one-of-a-kind remodel - a legal short-term vacation rental - which comes with 1 parking stall. Extremely high occupancy and outstanding cash flow (phenomenal Cap Rate). Sold fully furnished.
Built: 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
Amenities: Heated Pool, Sauna, BBQ Area, Convenience Store.
Fun Fact: All units conveyed with 1 unassigned parking stall (rare for Waikiki condo hotels).
Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including units without a NUC (owners must register their unit for short-term renting - see here).
Most units are 1 bedroom with the bedroom having a door and wall..... Read more.
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 3/8/24 at $855,000 (List Price: $855,000)
Description
Nothing was spared in this one-of-a-kind remodel - a legal short-term vacation rental - which comes with 1 parking stall. Extremely high occupancy and outstanding cash flow (phenomenal Cap Rate). Sold fully furnished.
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.
Built: 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
Amenities: Heated Pool, Sauna, BBQ Area, Convenience Store.
Fun Fact: All units conveyed with 1 unassigned parking stall (rare for Waikiki condo hotels).
Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including units without a NUC (owners must register their unit for short-term renting - see here).
Most units are 1 bedroom with the bedroom having a door and wall..... 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.
