| Description | Rare opportunity to covert this Leasehold unit to Fee Simple! Priced below tax assessed value! Leasehold at $425,000 with Fee Purchase at $350,000. Live your dream Hawaii Lifestyle in this beautifully renovated 2-bedroom, 2-bathroom plus bonus room/office condo in Waikiki. Spanning 1,002 sq. ft., this unit features an open-concept layout, natural light, peak-a-boo ocean and iconic Diamond Head views as well as mountain and city views from its 2 lanais. Close to Waikiki Beach, Kapiolani Park, Waikiki Shell concert venue, and the Honolulu Zoo, enjoy the best of island living with easy access to dining, shopping, and entertainment. The building offers classic charm, with updates that blend comfort and convenience. A perfect retreat or investment opportunity in one of Honolulu's most iconic neighborhoods. |
|---|---|
| Status | Sold since 12-12-2024 |
| MLS# | 202428234 |
| Price | $425,000 |
| Original Price | $425,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 2 / 2 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 1,002 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $1,151 |
| Lanai Sq Ft | 100 |
| Building | Parkview |
| Address | 240 Makee Road 8B Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 133 |
| Year Built | 1967 |
| Year Remodeled | 2023 |
| Condition | Excellent,Above Average |
| View | City, Mountain, Ocean, Sunset |
| Parking | Assigned, Covered - 1, Garage, Street |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone X |
| Elementary | Jefferson |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $131 |
| Assessed Land | $97,400 |
| Assessed Building | $829,800 |
| Assessed Total | $927,200 |
| Assessed Ratio | 46% |
| Inclusions | AC Window Unit, Cable TV, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater |
| Amenities | Car Wash, Patio/Deck, Pool on Property, Resident Manager, Storage, Trash Chute |
| Construction | Concrete |
| Flooring | Laminate |
| Disclosures | 1031 Exchange, Pets Allowed (Verify) |
| Furnished | Negotiable |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Keyed Elevator |
| Leasehold | Lease rent $308 / 2045 · Buy fee $350,000 |
| Parcel # | 1-2-6-028-019-0030 |
| Listing courtesy of | Avatina LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-06-2025 | 202428234 | Sold | C | S | $425,000 | $410,000 | $927,200 | $97,400 | $829,800 |
| 04-24-2025 | 202428234 | Active Under Contract | P | C | $425,000 | $410,000 | $927,200 | $97,400 | $829,800 |
| 04-24-2025 | 202428234 | Pending | A | P | $425,000 | $410,000 | $927,200 | $97,400 | $829,800 |
| 01-25-2025 | 202428234 | Price Decrease | $450,000 | $425,000 | $425,000 | $410,000 | $927,200 | $97,400 | $829,800 |
| 12-15-2024 | 202428234 | Price Increase | $425,000 | $450,000 | $425,000 | $410,000 | $927,200 | $97,400 | $829,800 |
| 12-12-2024 | 202428234 | New Listing | A | $425,000 | $410,000 | $927,200 | $97,400 | $829,800 | |
| 12-05-2023 | 202306519 | Sold | C | S | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 11-07-2023 | 202306519 | Active Under Contract | A | C | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 10-27-2023 | 202306519 | Price Decrease | $395,000 | $390,000 | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 10-11-2023 | 202306519 | Back On Market | C | A | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 10-01-2023 | 202306519 | Active Under Contract | A | C | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 09-27-2023 | 202306519 | Back On Market | T | A | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 09-26-2023 | 202306519 | Price Decrease | $464,888 | $395,000 | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 08-31-2023 | 202306519 | Hold | A | T | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 05-13-2023 | 202306519 | Price Decrease | $477,731 | $464,888 | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 |
| 04-25-2023 | 202306519 | New Listing | A | $390,000 | $375,000 | $548,000 | $93,400 | $454,600 | |
| 05-25-2021 | 202108412 | Sold | C | S | $355,000 | $355,000 | $567,600 | $88,100 | $479,500 |
| 04-12-2021 | 202108412 | In Escrow Showing | A | C | $355,000 | $355,000 | $567,600 | $88,100 | $479,500 |
| 04-05-2021 | 202108412 | New Listing | A | $355,000 | $355,000 | $567,600 | $88,100 | $479,500 | |
| 01-10-2018 | 201724011 | Withdrawn | A | W | $399,000 | $0 | $526,800 | $80,100 | $446,700 |
| 11-30-2017 | 201724011 | Price Decrease | $449,000 | $399,000 | $399,000 | $0 | $526,800 | $80,100 | $446,700 |
| 11-16-2017 | 201724011 | New Listing | A | $399,000 | $0 | $526,800 | $80,100 | $446,700 | |
| 11-16-2017 | 201724011 | $449,000 | $399,000 | $0 | $526,800 | $80,100 | $446,700 | ||
| 11-02-2015 | 201505174 | Withdrawn | A | W | $355,000 | $0 | $511,800 | $64,100 | $447,700 |
| 09-08-2015 | 201505174 | Price Decrease | $359,000 | $355,000 | $355,000 | $0 | $511,800 | $64,100 | $447,700 |
| 09-03-2015 | 201505174 | Price Decrease | $365,000 | $359,000 | $355,000 | $0 | $511,800 | $64,100 | $447,700 |
| 08-25-2015 | 201505174 | Price Decrease | $370,000 | $365,000 | $355,000 | $0 | $511,800 | $64,100 | $447,700 |
| 08-16-2015 | 201505174 | Price Decrease | $374,000 | $370,000 | $355,000 | $0 | $511,800 | $64,100 | $447,700 |
| 07-29-2015 | 201505174 | Price Decrease | $375,000 | $374,000 | $355,000 | $0 | $511,800 | $64,100 | $447,700 |
| 07-10-2015 | 201505174 | Back On Market | C | A | $355,000 | $0 | $511,800 | $64,100 | $447,700 |
| 07-01-2015 | 201505174 | Active Continue to Show | A | C | $355,000 | $0 | $511,800 | $64,100 | $447,700 |
| 04-07-2015 | 201505174 | $375,000 | $355,000 | $0 | $511,800 | $64,100 | $447,700 | ||
| 04-07-2015 | 201505174 | New Listing | A | $355,000 | $0 | $511,800 | $64,100 | $447,700 | |
| 07-29-2010 | 1008014 | Sold | P | S | $295,000 | $285,000 | $553,200 | $69,400 | $483,800 |
| 07-27-2010 | 1008014 | Pending | C | P | $295,000 | $285,000 | $553,200 | $69,400 | $483,800 |
| 06-29-2010 | 1008014 | Active Continue to Show | A | C | $295,000 | $285,000 | $553,200 | $69,400 | $483,800 |
| 06-18-2010 | 1008014 | New Listing | A | $295,000 | $285,000 | $553,200 | $69,400 | $483,800 |
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