PRICE ADJUSTMENT TO SELL!!!!Turn-key, fully remodeled condo in the heart of Waikiki-ready to move in or start generating income immediately! This legal vacation rental comes with a NUC (Nonconforming Use Certificate), allowing for short-term (daily) rentals. Enjoy stunning Diamond Head and ocean views right from your private balcony. Features include custom cabinets, newer bed frame, a full-size dishwasher (a rare find in this building), and a smartly designed bathroom with two separate entrances-ideal for hosting guests. The unit has been meticulously maintained and generates excellent rental revenue. Hotel-style amenities add to the guest experience. Listing agent is also the property manager and can answer any questions regarding income, bookings, and management. Don't miss this opportunity to own a beautifully upgraded, income-producing property in paradise! Special assessment of $570.78 started on Jan 1, 2025 to fund the pool project that is estimated to end in Dec 2025, plus a $52.20 Becker Sandwich Lease (even though this is FS). There is also a modernization of elevators going on. Once this is all over this place will be all renovated!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Pool and Spa
Garage and Parking
- Parking Features: Covered, One Space
- Parking Total: 1
Home Features
- View: Coastline, Golf Course, Mountain(s), Ocean
- Security Features: Security Guard
Homeowners Association
- Association Fee Includes: Cable TV, Electricity, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Water
- Maintenance Expense: 902
Amenities and Community Features
- Community Features: Barbecue, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Playground, Patio, Sauna
Other Property Info
- Annual Tax Amount: 7200
- Source Listing Status: Active Under Contract
- County: Oahu
- Source Property Type: Residential
- Inclusions: Blinds,Convection Oven,Dishwasher,Drapes,Kitchenware,Linens,Microwave,Range/Oven,Refrigerator
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-025-005-0215
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 533
- Year Built: 1977
- Building Area Total: 600
- Building Name: Waikiki Banyan
- Construction Materials: Concrete
- Entry Level: 22
- Property Age: 48
- Property Condition: Excellent, Updated/Remodeled
- Year Built Effective: 2019
- Architectural Style: High Rise