2045 Kalakaua Avenue #104
Honolulu, HI 96815
$389,000
Property Type
Condo/Townhouse
Beds
0
Baths
1
Parking
0
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
400
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 read more 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
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 |
798001