Luxury AAA class new building. Great for INVESTOR or Perfect 1031 Exchange! Wonderful tenant paying (a low) $5,600/mo during showings thru 6/30/26 w/ 3-mo extension option. Ocean view will remain, partially obstructed by final Ward Village buildings (see photos). Two covered side-by-side parking stalls on lobby level + 22guest stalls. Original owner bought for a family member that ended up moving to the mainland, so they want to sell! Koula offers top-tier amenities: private dining rooms, event kitchens, indoor/outdoor fitness centers, guest suites where visiting family and friends can stay for $200 per night, a Dean & DeLuca cafe in the lobby & a large soon to be completed attached park. New pedestrian bridge provides access over Ala Moana Blvd to Kewalo Basin Harbor & Ala Moana Beach Park w/ tennis courts & surf. Prime location within walking distance to restaurants, shops, Ward theaters & local eateries. 5 min drive to Downtown, Waikiki & UH Manoa. 12 min to HNL airport. Lenders currently require 30% down however Seller will consider Seller financing. There is a potentially assumable $700K loan at 4.375% and Seller may consider 2nd mortgage. See attached supplements for
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Bedroom on Main Level
- Full Bath on Main Level
- Handicap Access
- Flooring: Ceramic Tile, Hardwood
Heating and Cooling
- Cooling Features: Central Air
Pool and Spa
- Pool Features: Heated
- Spa Features: Community
Exterior and Lot Features
- Frontage Type: Preservation
Garage and Parking
- Parking Features: Assigned, Covered, Garage, Guest, Two Spaces, Secured
- Parking Total: 2
Home Features
- View: Canal, Coastline, City, Mountain(s), Ocean, Sunset
- Security Features: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Fire Sprinkler System, Security Guard
Homeowners Association
- Association: Yes
- Association Amenities: Management
- Association Fee: 35
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Water
- Calculated Total Monthly Association Fees: 35
- Association Name: Ward Villa
- Maintenance Expense: 1341.41
- Pets Allowed: Call
Amenities and Community Features
- Community Features: Barbecue, Clubhouse, Community Pool, Conference/Meeting Room, Deck/Porch, Dog Park, Fitness, Playground, Patio, Pool, Putting Green, Recreation Area, Sauna, Trash Chute
Other Property Info
- Annual Tax Amount: 10157
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Central,AC Split,Auto Garage Door Opener,Blinds,Cable TV,Chandelier,Dishwasher,Disposal,Drapes,Dryer,Microwave,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAKAAKO
- Parcel Number: 1-2-3-002-112-0350
- Postal City: Honolulu
- Subdivision: KAKAAKO
- Zoning Description: 13 - A-3 High Density Apartment
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 968
- Year Built: 2021
- Building Area Total: 1030
- Building Name: Koula
- Construction Materials: Double Wall, Concrete, Steel Frame
- Entry Level: 26
- Levels: One
- New Construction: Yes
- Property Age: 5
- Property Condition: Excellent
- Levels or Stories: One
- Architectural Style: High Rise