| Description | Here's your opportunity to own a beautiful and newly refurbished legal short-term rental in the heart of Waikiki. This stunningcondotel unit id the prefect place for tropical getaways and a potentially lucrative investment property with tremendous short-term rental potential. One of the most attractive features of this property is that the building management doesn't charge any additional fees for short-term rentals, allowing you to maximize your rental income. The unit has previously undergone a renovation, boasting stylish new flooring, renovated bathrooms, sleek countertops, and high-end marble finishes that set it apart from your average condotel along with high-end style furnishings. As you step inside, you'll be impressed by the elegance and attention to detail that rivals a 5-star hotel. The property offers a range of amenities, including a refreshing pool, very private green spaces and BBQ Areas, a well-equipped gym, and on-site laundry facilities, providing the perfect blend of relaxation and convenience for you and your guests. The location is second to none, walking distance to restaurants, luxury brand stores, lush parks, and the famous beach of Waikiki. |
|---|---|
| Status | Sold since 02-17-2025 |
| MLS# | 202505233 |
| Price | $428,500 |
| Original Price | $428,500 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 353 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $685 |
| Lanai Sq Ft | 30 |
| Building | Royal Garden At Waikiki |
| Address | 440 Olohana Street 1805 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 88 |
| Year Built | 1977 |
| Year Remodeled | 2024 |
| Condition | Excellent |
| View | City, Diamond Head, Marina/Canal, Mountain, Ocean, Sunset |
| Parking | None |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AO |
| Tax Amount | $444 |
| Assessed Land | $99,800 |
| Assessed Building | $279,300 |
| Assessed Total | $379,100 |
| Assessed Ratio | 113% |
| Inclusions | AC Split, Blinds, Cable TV, Microwave, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Resident Manager, Sauna, Security Guard, Trash Chute |
| Construction | Concrete, Double Wall, Masonry/Stucco, Steel Frame |
| Flooring | Laminate, Marble/Granite |
| Disclosures | 1031 Exchange |
| Furnished | Negotiable |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories, Townhouse |
| Security | Card, Key, Security Patrol, Video |
| Parcel # | 1-2-6-016-039-0145 |
| Listing courtesy of | Keller Williams Honolulu |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 05-30-2025 | 202505233 | Sold | C | S | $428,500 | $410,000 | $379,100 | $99,800 | $279,300 |
| 05-16-2025 | 202505233 | Active Under Contract | A | C | $428,500 | $410,000 | $379,100 | $99,800 | $279,300 |
| 02-20-2025 | 202505233 | New Listing | A | $428,500 | $410,000 | $379,100 | $99,800 | $279,300 | |
| 02-15-2007 | 2621815 | Sold | C | S | $239,000 | $234,000 | $217,000 | $27,600 | $189,400 |
| 01-04-2007 | 2621815 | Active Continue to Show | A | C | $239,000 | $234,000 | $217,000 | $27,600 | $189,400 |
| 12-04-2006 | 2621815 | New Listing | A | $239,000 | $234,000 | $217,000 | $27,600 | $189,400 | |
| 08-04-2005 | 2500341 | Withdrawn | T | W | $184,900 | $0 | $64,900 | $17,700 | $47,200 |
| 02-22-2005 | 2500341 | Temporarily Withdrawn | A | T | $184,900 | $0 | $64,900 | $17,700 | $47,200 |
| 01-07-2005 | 2500341 | New Listing | A | $184,900 | $0 | $64,900 | $17,700 | $47,200 |
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