Your opportunity to own a legal short-term vacation rental in the Luana Waikiki, now offered at a compelling NEW PRICE. Currently the lowest-priced unit available above the first floor, this residence presents exceptional value for investors and 1031 exchange buyers alike. The fully furnished unit features a kitchenette with a two-burner stove, travertine flooring, a queen bed with pull-out sofa, and open city and mountain views that elevate the experience for owners and guests. Luana Waikiki is a well-managed boutique building with resort-style amenities, including a pool, BBQ deck, fitness center, community laundry, valet parking, and more. Owners enjoy flexibility-use the unit personally, generate income through short-term rentals, or participate in the hotel rental management program. Located in the heart of Waikiki, you're just minutes from world-famous Waikiki Beach, Diamond Head, Kapiolani Park, the Honolulu Zoo, Fort DeRussy Beach, and premier shopping and dining. With the recent price improvement, this is one of the best value opportunities in the building. Opportunities like this don't come around often-especially at this price point.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Garage and Parking
Home Features
- View: City, Garden, Mountain(s)
- Security Features: Closed Circuit Camera(s), Key Card Entry, Door Man, Fire Sprinkler System, Security Guard
Homeowners Association
- Association Amenities: Concierge
- Association Fee Includes: Cable TV, Electricity, Hot Water, Internet, Water
- Maintenance Expense: 963.01
Amenities and Community Features
- Community Features: Barbecue, Concierge, Conference/Meeting Room, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Restaurant, Condo Hotel Community
Other Property Info
- Annual Tax Amount: 5844
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit,Cable TV,Drapes,Kitchenware,Linens,Microwave Hood,Refrigerator,Smoke Detector
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-006-002-0099
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X6 - Resort Mixed Use Precinct
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 313
- Year Built: 1971
- Building Area Total: 347
- Building Name: Luana Waikiki
- Construction Materials: Double Wall, Concrete
- Entry Level: 6
- Levels: Three Or More, One
- Property Age: 55
- Property Condition: Excellent
- Levels or Stories: Three Or More,One
- Architectural Style: High Rise