| Description | Discover incredible value in the heart of Waikiki! This leasehold 1-bedroom unit at Waikiki Banyan boasts ocean views from the lanai, offering the perfect opportunity to create your dream space. Priced significantly below market value, this unit requires refurbishment and does not include appliances—making it an ideal investment for those looking to renovate and maximize potential. Whether you’re looking to become a rental property owner or secure a vacation retreat, this is your chance to own a piece of Waikiki at an unbeatable price. Take advantage of this rare opportunity and transform this blank canvas into your personal paradise or income-generating property. Don’t wait—schedule your showing today and explore the possibilities! |
|---|---|
| Status | Sold since 11-18-2024 |
| MLS# | 202426809 |
| Price | $158,000 |
| Original Price | $158,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 537 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $722 |
| Lanai Sq Ft | 40 |
| Building | Waikiki Banyan |
| Address | 201 Ohua Avenue 1004 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 12 |
| Year Built | 1977 |
| Condition | Needs Major Repair |
| View | City, Ocean |
| Frontage | Other |
| Parking | Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $193 |
| Assessed Land | $112,500 |
| Assessed Building | $549,000 |
| Assessed Total | $661,500 |
| Assessed Ratio | 24% |
| Inclusions | AC Window Unit |
| Amenities | BBQ, Community Laundry, Exercise Room, Fire Sprinkler, Heated Pool, Meeting Room, Patio/Deck, Playground, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool |
| Construction | Above Ground, Concrete |
| Flooring | Ceramic Tile, W/W Carpet |
| Disclosures | Non Resident Owner, See Remarks |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol |
| Leasehold | Lease rent $400 / 2035 · Buy fee |
| Parcel # | 1-2-6-025-005-0056 |
| Listing courtesy of | Compass |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 01-16-2025 | 202426809 | Sold | C | S | $158,000 | $156,500 | $661,500 | $112,500 | $549,000 |
| 12-14-2024 | 202426809 | Active Under Contract | A | C | $158,000 | $156,500 | $661,500 | $112,500 | $549,000 |
| 12-10-2024 | 202426809 | Back On Market | C | A | $158,000 | $156,500 | $661,500 | $112,500 | $549,000 |
| 11-26-2024 | 202426809 | Active Under Contract | A | C | $158,000 | $156,500 | $661,500 | $112,500 | $549,000 |
| 11-18-2024 | 202426809 | New Listing | A | $158,000 | $156,500 | $661,500 | $112,500 | $549,000 |
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