| Description | Located in the heart of Waikiki, this fantastic unit at the highly sought-after Waikiki Banyan offers an unbeatable chance to secure your place in one of Honolulu's most desirable buildings. This one-bedroom, one-bath condo comes with a dedicated parking stall, making it a rare find in this area. While the unit can use updating for optimal rentability, it presents the perfect opportunity to design and renovate to your own style and preferences. Whether you’re looking to create your dream vacation home, a full-time residence, or an income-producing property, this is an exceptional value for the price. Waikiki Banyan is a vacation rental favorite, known for its prime location just steps from Waikiki Beach, shopping, dining, and entertainment. The building is undergoing renovations of the amenity deck which will offer a brand new pool, hot tubs, BBQ area, tennis courts, and playground. Don't miss this chance to own a piece of Waikiki and transform it into your ideal space or next investment success. Currently managed by Aston Hotel but can be managed by various vacation managers in Hawaii or self-managed. The building has completed re-piping in 2021 for peace of mind for the future. |
|---|---|
| Status | Sold since 12-25-2024 |
| MLS# | 202428739 |
| Price | $655,000 |
| Original Price | $730,000 |
| Price Change | $-75,000 (-10.27%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 533 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $902 |
| Lanai Sq Ft | 67 |
| Building | Waikiki Banyan |
| Address | 201 Ohua Avenue 1608 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 175 |
| Year Built | 1977 |
| Condition | Average |
| View | City, Other |
| Parking | Covered - 1, Garage, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $597 |
| Assessed Land | $106,600 |
| Assessed Building | $627,400 |
| Assessed Total | $734,000 |
| Assessed Ratio | 89% |
| Inclusions | AC Window Unit, Cable TV, Disposal, Drapes, Kitchenware, Microwave, Other, Range Hood, Range/Oven, Refrigerator |
| Amenities | BBQ, Community Laundry, Fire Sprinkler, Meeting Room, Patio/Deck, Playground, Pool on Property, Recreation Area, Recreation Room, Restaurant, Sauna, Security Guard, Storage, Tennis Court, Trash Chute, Whirlpool |
| Construction | Above Ground, Concrete |
| Flooring | Ceramic Tile, W/W Carpet |
| Disclosures | Mixed Use OK, Pets Allowed (Verify), Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | 45 Days or Less, 45 Days or More, At Closing, Subject to Rental Lease |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Security Patrol, Video |
| Parcel # | 1-2-6-025-005-0562 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-23-2025 | 202428739 | Sold | C | S | $655,000 | $610,000 | $734,000 | $106,600 | $627,400 |
| 06-18-2025 | 202428739 | Active Under Contract | A | C | $655,000 | $610,000 | $734,000 | $106,600 | $627,400 |
| 05-23-2025 | 202428739 | Price Decrease | $690,000 | $655,000 | $655,000 | $610,000 | $734,000 | $106,600 | $627,400 |
| 02-25-2025 | 202428739 | Price Decrease | $730,000 | $690,000 | $655,000 | $610,000 | $734,000 | $106,600 | $627,400 |
| 12-25-2024 | 202428739 | New Listing | A | $655,000 | $610,000 | $734,000 | $106,600 | $627,400 | |
| 12-24-2009 | 2900679 | Sold | C | S | $350,000 | $340,000 | $351,800 | $28,400 | $323,400 |
| 11-27-2009 | 2900679 | Active Continue to Show | A | C | $350,000 | $340,000 | $351,800 | $28,400 | $323,400 |
| 09-30-2009 | 2900679 | Price Decrease | $365,000 | $350,000 | $350,000 | $340,000 | $351,800 | $28,400 | $323,400 |
| 06-19-2009 | 2900679 | Price Decrease | $380,000 | $365,000 | $350,000 | $340,000 | $351,800 | $28,400 | $323,400 |
| 03-24-2009 | 2900679 | Price Decrease | $399,000 | $380,000 | $350,000 | $340,000 | $351,800 | $28,400 | $323,400 |
| 01-14-2009 | 2900679 | New Listing | A | $350,000 | $340,000 | $351,800 | $28,400 | $323,400 | |
| 01-07-2008 | 2713449 | Sold | P | S | $278,000 | $265,000 | $350,800 | $109,300 | $241,500 |
| 11-03-2007 | 2713449 | Pending | A | P | $278,000 | $265,000 | $350,800 | $109,300 | $241,500 |
| 09-06-2007 | 2713449 | Price Decrease | $285,000 | $278,000 | $278,000 | $265,000 | $350,800 | $109,300 | $241,500 |
| 08-31-2007 | 2713449 | Price Decrease | $298,000 | $285,000 | $278,000 | $265,000 | $350,800 | $109,300 | $241,500 |
| 07-18-2007 | 2713449 | New Listing | A | $278,000 | $265,000 | $350,800 | $109,300 | $241,500 |
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