Notable investment opportunity in the iconic Hawaiian King building, located in the heart of Waikiki on coveted Nohonani Street! This first-floor 1-bedroom, 1-bathroom unit offers tremendous potential for the savvy buyer ready to customize their piece of paradise. Sold unfurnished and requiring updating, this property presents incredible value in one of Waikiki's most desirable locations. The Hawaiian King features old-world charm with a central courtyard, swimming pool, BBQ area, community laundry, and secured entry. Just two blocks from world-famous Waikiki Beach and steps from Kalakaua Avenue's premier dining, shopping, and entertainment. Half block to International Marketplace and less than a mile to Honolulu Zoo, Waikiki Aquarium, & Kapiolani Park. Excellent bus access makes island exploration effortless. This leasehold property requires cash purchase with lease expiring 2036. Mixed-use zoning allows flexible rental options for future income potential. Perfect for investors or those seeking an affordable entry into Waikiki's premium real estate market. Bring your vision and transform this diamond in the rough!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Bedroom on Main Level
- Full Bath on Main Level
- Storage
- Furnished Description: Unfurnished
- Flooring: Ceramic Tile
Land Info
- Lot Size Acres: 0.357989
- Lot Size Square Feet: 15594
School Information
- Elementary School: Jefferson
- High School: Kaimuki
- Middle School: Washington
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Common Areas, Cable TV, Internet, Sewer, Water
- Maintenance Expense: 980.3
Rental Info
- Lease Amount: 417.99
- Lease Expiration: 2036-02-28
Amenities and Community Features
- Community Features: Barbecue, Community Pool, Deck/Porch, Laundry Facilities, Patio, Pool
Other Property Info
- Annual Tax Amount: 668.88
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-021-102-0002
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 468
- Year Built: 1959
- Building Area Total: 558
- Building Name: Hawaiian King
- Construction Materials: Masonry, Concrete, Stucco
- Entry Level: 1
- Foundation Details: Slab
- Levels: Three Or More
- Property Age: 66
- Property Condition: Average Condition
- House Style: Low Rise
- Total Area Sqft: 558
- Architectural Style: Low Rise
Home Features
- Security Features: Closed Circuit Camera(s), Elevator Secured, Key Card Entry