2045 Kalakaua Avenue #104
Honolulu, HI 96815

Added on 02/16/2023

Property Type

Condo/Townhouse

Beds

Bedrooms 0

Baths

Bathroom 1

Parking

Parking 0

Balcony

Balcony Yes

Basic Info

  • MLS Number: 202226419
  • HOA Fees:
  • Maintenance Fees: $761.13

  • Neighbourhood: WAIKIKI
  • TMK: 1-2-6-6-2
  • Annual Tax Amount: $4538.28/year

Property description

Total Sqft Size 400

Lot Size Area

Are you looking for a property with a history of strong cash flow, something to depreciate on your taxes AND a vacation home all in one? If you answered yes, this is for you! This condo is arguably one of the highest grossing vacation rentals in its price category with an average historic monthly gross income of $5,575 (see income statements attached). This property is located in the highly desirable Luana Waikiki which is a boutique hotel of just 230 rooms located on Waikiki's famous Kalakaua Strip. The Luana Waikiki is one of only a handful of buildings where you can legally rent out your property on a nightly basis and with the recent law changes, this has made owning these properties much more valuable. The building fronts Ainahau Park which connects directly to Fort DeRussy Beach (one of Waikiki's most pristine beaches). Enjoy fine dining, world-class shopping a block away at luxury row, the Honolulu Zoo, Diamond Head and much more! As of today, there are only approx. 8 other legal vacation rental listings in Waikiki under $400,000. This number is shockingly low considering the volume of real estate we have in the Waikiki Area. Don't miss out on this opportunity!

Construction Materials: Above Ground,Concrete,Double Wall

Flooring: Ceramic Tile


Inclusion

  • AC Split
  • Blinds
  • Cable TV
  • Kitchenware
  • Linens
  • Microwave
  • Refrigerator
  • Smoke Detector

Honolulu, HI 96815

Mortgage Calculator

$903 per month

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Laurynn Paet
Laurynn Paet

RA-83545

Laurynn typically replies in about 30 minute

Text or call 808-773-3266

Architectural Style: Condotel,High-Rise 7+ Stories
Flood Zone: Zone AO
Land Tenure: FS - Fee Simple
Major Area: Metro
Market Status: Sold
Unit Features: Single Level
Unit View: City,Sunset
Amenities: BBQ,Community Laundry,Condo Association Pool,Exercise Room,Fire Sprinkler,Patio/Deck,Pool on Property,Recreation Area,Restaurant,Valet
Association Community Name: AOAO Luana Waikiki
Easements: N/A
Internet Automated Valuation: N/A
Latitude: 21.2836386
Longitude: -157.8322467
Listing Service: Full Service
Lot Features: N/A
Lot Size Area: N/A
MLS Area Major: Metro
Parking Features: None
Permit Address Internet: 1
Pool Features: N/A
Property Condition: Excellent,Above Average
Property Sub Type: N/A
SQFT Garage Carport: N/A
SQFT Roofed Living: 307
Stories Type: 15-20
Topography: N/A
Utilities: N/A
View: City,Sunset
YearBuilt: 1971

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