| Description | Welcome to Waikiki Banyan – where location meets opportunity! This gem allows legal short-term rentals, making it a perfect investment or vacation getaway. Just minutes from the beach, world-class dining, and endless entertainment, the possibilities here are endless! Let your imagination run wild—refresh, redesign, and unlock its full potential. Enjoy resort-style amenities, including a pool, hot tub, BBQ area, and more. Whether you're looking for a high-performing rental or your own slice of Waikiki magic, this is the one! Currently the special assessment ($570.78 per month) is for the recreation deck renovation and infrastructure renovation. The special assessment is until the end of this year, 2025. The current owner will pay off the current special assessment at closing. There is also Sandwich Becker Lease which is $52.20 and it is until the end of November, 2035. |
|---|---|
| Status | Sold since 03-11-2025 |
| MLS# | 202506686 |
| Price | $599,000 |
| Original Price | $685,000 |
| Price Change | $-86,000 (-12.55%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 533 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,473 |
| Lanai Sq Ft | 67 |
| Building | Waikiki Banyan |
| Address | 201 Ohua Avenue T1-1203 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 84 |
| Year Built | 1977 |
| Condition | Average |
| View | City, Diamond Head |
| Frontage | Other |
| Parking | Covered - 1 |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $596 |
| Assessed Land | $106,600 |
| Assessed Building | $624,200 |
| Assessed Total | $730,800 |
| Assessed Ratio | 82% |
| Inclusions | AC Window Unit, Disposal, Drapes, Microwave, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Association Pool, Community Laundry, Fire Sprinkler, Patio/Deck, Playground, Sauna, Tennis Court, Trash Chute |
| Construction | Above Ground, Concrete, Masonry/Stucco |
| Flooring | Other, W/W Carpet |
| Disclosures | None |
| Land Recorded | Dual Systems |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Card, Key |
| Parcel # | 1-2-6-025-005-0083 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 08-25-2025 | 202506686 | Sold | C | S | $599,000 | $592,000 | $730,800 | $106,600 | $624,200 |
| 06-03-2025 | 202506686 | Active Under Contract | A | C | $599,000 | $592,000 | $730,800 | $106,600 | $624,200 |
| 05-30-2025 | 202506686 | Price Decrease | $615,000 | $599,000 | $599,000 | $592,000 | $730,800 | $106,600 | $624,200 |
| 05-27-2025 | 202506686 | Price Decrease | $648,000 | $615,000 | $599,000 | $592,000 | $730,800 | $106,600 | $624,200 |
| 04-02-2025 | 202506686 | Price Decrease | $685,000 | $648,000 | $599,000 | $592,000 | $730,800 | $106,600 | $624,200 |
| 03-11-2025 | 202506686 | New Listing | A | $599,000 | $592,000 | $730,800 | $106,600 | $624,200 |
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