Overview
LEGAL SHORT-TERM RENTAL (NONCONFORMING HOTEL EXEMPTED FROM STR PERMIT) - Hawaiian King with it's 1950's art deco style offers a great opportunity to have a short-term rental property with a renovated, full kitchen, nice pool and on site laundry making a great investment property or place to call home. Property sold with furnishings and is currently rented through 3-28-2024. Located in the heart of Waikiki with shopping, dining & beaches all within walking distance and easy access to public transportation (no parking on property). MF includes water, sewer, cable, on-site manager, and common area maintenance; other fee is the electric (monthly average) which varies with usage and billed quarterly. Lease Rent through 2036; Lessor approval / consent required; buyer will need to submit application packet with $500 fee and buyer's financials to Queen Emma within 10 days of acceptance in order to receive Lessor approval and consent prior to closing; additionally Queen Emma requires 6 months of Lease Rent reserves upfront to be paid by buyer with escrow closing.
Property Details
- Amenities
- BBQ, Community Laundry, Fire Sprinkler, Patio/Deck, Pool on Property, Resident Manager
- Association Fee 2
- $175
- Building Name
- Hawaiian King
- Construction Materials
- Concrete
- Floor Number
- 4
- Flooring
- Ceramic Tile, Laminate
- Furnished
- Full
- Neighborhood
- Waikiki
- Property Type
- Condo/Townhouse
- Security Features
- Key, Keyed Elevator, Video
- Living Area SqFt
- 468
- Lanai Open SqFt
- 90
- Total SqFt
- 558
- Status
- Active
- Stories
- 1
- Unit Features
- Odd# Unit, Single Level
- View
- City, Mountain
- Year Built
- 1959
- Year Remodeled
- 2018
Additional Property Info
- Disclosures
- Property Disclosure Stmt
- Elementary School
- Jefferson
- Flood Zone
- Zone AE
- High School
- Kaimuki
- Lease Expiration Date
- 02/28/2036
- Lease Fee Month
- $359
- Maintenance Expense
- $623
- Middle/Junior School
- Washington
- Property Condition
- Excellent, Above Average
- Tax Amount
- $452
- Tax Assessed Value
- $309,900
- Tax Assessed Value Improvements
- $99,500
- Tax Assessed Value Land
- $210,400
- Zoning
- X2 - Apartment Precinct
Courtesy of Theresa Harden, Hawaii Dream Realty LLC.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.
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