| Description | Welcome to this rare 1-bedroom, 1-bathroom unit in Pacific Monarch! This LEGAL short term rental is perfect for the investor looking to add a property to their portfolio or for the first time investor looking to start theirs. The unit features luxurious upgrades from top to bottom that include new floor, new kitchen countertops/ cabinets, new appliances, entirely new bathroom and more! The unit will come fully furnished and ready to go. Some of the building amenities include BBQ area, pool, recreation room, sauna, front desk service, and secured parking to name a few. Pacific Monarch is located in a premium location within Waikiki right on Kuhio Ave that conveniently is in close proximity to beaches, world class restaurants, an array of shops, International Marketplace, Target, Ala Wai Golf Course, Honolulu Zoo and much much more! Don't wait, schedule your showing today for this move in/ investment ready unit! |
|---|---|
| Status | Sold since 12-02-2024 |
| MLS# | 202427315 |
| Price | $690,000 |
| Original Price | $750,000 |
| Price Change | $-60,000 (-8.00%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 443 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $924 |
| Lanai Sq Ft | 143 |
| Building | Pacific Monarch |
| Address | 2427 Kuhio Avenue 1607 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 78 |
| Year Built | 1980 |
| Condition | Excellent |
| View | City |
| Parking | None, Street |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone AE |
| Elementary | Jefferson |
| Middle | Kaimuki |
| Tax Amount | $749 |
| Assessed Land | $120,400 |
| Assessed Building | $505,900 |
| Assessed Total | $626,300 |
| Assessed Ratio | 110% |
| Inclusions | Cable TV, Disposal, Drapes, Kitchenware, Linens, Microwave, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Pool on Property, Recreation Room, Resident Manager, Sauna, Trash Chute, Whirlpool |
| Construction | Concrete |
| Flooring | Vinyl |
| Disclosures | Licensed Owner, Property Disclosure Stmt |
| Land Recorded | Dual Systems |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Card, Video |
| Parcel # | 1-2-6-023-056-0089 |
| Listing courtesy of | Five Star Realty, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 04-02-2025 | 202427315 | Sold | C | S | $690,000 | $690,000 | $626,300 | $120,400 | $505,900 |
| 02-18-2025 | 202427315 | Active Under Contract | A | C | $690,000 | $690,000 | $626,300 | $120,400 | $505,900 |
| 02-07-2025 | 202427315 | Price Decrease | $699,000 | $690,000 | $690,000 | $690,000 | $626,300 | $120,400 | $505,900 |
| 01-15-2025 | 202427315 | Price Decrease | $720,000 | $699,000 | $690,000 | $690,000 | $626,300 | $120,400 | $505,900 |
| 12-16-2024 | 202427315 | Price Decrease | $750,000 | $720,000 | $690,000 | $690,000 | $626,300 | $120,400 | $505,900 |
| 12-02-2024 | 202427315 | $750,000 | $690,000 | $690,000 | $626,300 | $120,400 | $505,900 | ||
| 12-02-2024 | 202427315 | New Listing | A | $690,000 | $690,000 | $626,300 | $120,400 | $505,900 | |
| 07-07-2022 | 202205968 | Sold | C | S | $499,000 | $500,000 | $481,600 | $114,000 | $367,600 |
| 04-11-2022 | 202205968 | In Escrow Showing | A | C | $499,000 | $500,000 | $481,600 | $114,000 | $367,600 |
| 03-30-2022 | 202205968 | New Listing | A | $499,000 | $500,000 | $481,600 | $114,000 | $367,600 | |
| 03-02-2022 | 202126461 | Withdrawn | A | W | $495,000 | $0 | $435,700 | $114,000 | $321,700 |
| 10-21-2021 | 202126461 | New Listing | A | $495,000 | $0 | $435,700 | $114,000 | $321,700 | |
| 03-14-2018 | 201726143 | Sold | C | S | $458,000 | $450,000 | $448,900 | $70,400 | $378,500 |
| 02-19-2018 | 201726143 | In Escrow Showing | A | C | $458,000 | $450,000 | $448,900 | $70,400 | $378,500 |
| 01-29-2018 | 201726143 | Price Decrease | $465,000 | $458,000 | $458,000 | $450,000 | $448,900 | $70,400 | $378,500 |
| 12-27-2017 | 201726143 | New Listing | A | $458,000 | $450,000 | $448,900 | $70,400 | $378,500 | |
| 11-14-2005 | 2503138 | Sold | C | S | $365,000 | $360,000 | $209,900 | $43,000 | $166,900 |
| 08-18-2005 | 2503138 | Active Continue to Show | A | C | $365,000 | $360,000 | $209,900 | $43,000 | $166,900 |
| 05-27-2005 | 2503138 | Price Decrease | $385,000 | $365,000 | $365,000 | $360,000 | $209,900 | $43,000 | $166,900 |
| 03-03-2005 | 2503138 | New Listing | A | $365,000 | $360,000 | $209,900 | $43,000 | $166,900 |
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