| Description | RARELY AVAILABLE LEGAL SHORT TERM RENTAL CORNER UNIT WITH OCEAN VIEWS & PARKING in the sought-after Royal Kuhio! This one-bedroom, one-bath, one-parking condo offers breathtaking ocean views and a Non-Conforming Use Certificate—a unique opportunity in Waikiki! Enjoy spectacular vistas of the ocean, Friday night fireworks, and the iconic Waikiki Beach sunsets from your own private lanai. The prime location places you just steps from the International Marketplace, Waikiki Beach, and the vibrant shopping, dining, and entertainment scene that Waikiki is known for. This condo is leasehold with monthly fees of $999 HOA, $407 lease rent, & $363 prop. tax. All utilities are included except electric. This unit also comes with a great investment potential—it features an assumable loan with an approximate balance of $50K at a 5.5% interest rate, and it has a non-conforming use certificate with the ability to short-term rent (daily, weekly, or monthly) for maximum income generation. Self-managed by the owners for years, this property is ready for its next chapter. Showings are based on availability between guest check ins. Owner annual income in supplements. |
|---|---|
| Status | Sold since 12-17-2024 |
| MLS# | 202428463 |
| Price | $248,888 |
| Original Price | $248,888 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 538 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $999 |
| Lanai Sq Ft | 58 |
| Building | Royal Kuhio |
| Address | 2240 Kuhio Avenue 2108 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 9 |
| Year Built | 1976 |
| Condition | Above Average,Average |
| View | City, Ocean, Sunset |
| Frontage | Other |
| Parking | Assigned, Covered - 1, Secured Entry |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AO |
| Tax Amount | $363 |
| Assessed Land | $41,000 |
| Assessed Building | $419,900 |
| Assessed Total | $460,900 |
| Assessed Ratio | 54% |
| Inclusions | AC Window Unit, Blinds, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Putting Green, Recreation Area, Resident Manager, Security Guard, Storage, Tennis Court, Trash Chute, Whirlpool |
| Construction | Above Ground, Concrete |
| Flooring | Vinyl, W/W Carpet |
| Disclosures | Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | At Closing, Subject to Rental Lease |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Leasehold | Lease rent $407 / 2041 · Buy fee |
| Parcel # | 1-2-6-020-058-0190 |
| Listing courtesy of | Hawaii Americana Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 02-13-2025 | 202428463 | Sold | C | S | $248,888 | $253,888 | $460,900 | $41,000 | $419,900 |
| 12-26-2024 | 202428463 | Active Under Contract | A | C | $248,888 | $253,888 | $460,900 | $41,000 | $419,900 |
| 12-17-2024 | 202428463 | New Listing | CS | A | $248,888 | $253,888 | $460,900 | $41,000 | $419,900 |
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