Preferred Diamond Head-facing 1-bedroom, 1-bathroom unit in Tower 1 of the sought-after Waikiki Banyan, one of Waikiki's most desirable legal short-term rental buildings. This unit offers 533 sq ft living space, 67 sq ft of balcony space & 1 unassigned parking stall. This unit participates in the Aston Waikiki Banyan rental program and maintains a strong occupancy rate. As the new owner, you have two options for maximizing investment: Hotel Management - Allow the hotel to seamlessly manage your unit. Self-Management - Renovate to your taste and rent it out independently. The building offers a pool, jacuzzi, bbq area, children's playground (which are currently under renovation), sauna, mini mart, cafe and coin-operated laundry on each floor. Enjoy the convenience of being just moments from all that Waikiki has to offer. The all-inclusive maintenance fee of $902.20 per month covers water, hot water, electricity, basic cable TV, and internet. Building improvements include the completed pipe replacement, elevator upgrades in 2025, and ongoing recreation deck renovation. The unit is Fee Simple; however a Becker Sandwich Lease of $52.20 per month applies, ending November 29 2035.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Flooring: Carpet, Ceramic Tile, Laminate
Exterior and Lot Features
Pool and Spa
Garage and Parking
- Parking Features: Covered, One Space, Secured, Unassigned
- Parking Total: 1
Home Features
- View: City, Mountain(s), Ocean
- Security Features: Closed Circuit Camera(s), Key Card Entry, Fire Sprinkler System, Security Guard
Homeowners Association
- Association Fee Includes: Common Areas, Cable TV, Electricity, Hot Water, Internet, Sewer, Water
- Maintenance Expense: 902.2
Amenities and Community Features
- Community Features: Barbecue, Community Pool, Deck/Porch, Laundry Facilities, Playground, Patio, Pool, Recreation Area, Sauna, Storage Facilities, Tennis Court(s), Trash Chute, Condo Hotel Community
Other Property Info
- Annual Tax Amount: 6962
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit,Blinds,Cable TV,Disposal,Drapes,Kitchenware,Linens,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-025-005-0133
- 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: 15
- Property Age: 48
- Property Condition: Excellent, Updated/Remodeled
- Architectural Style: High Rise