The Ulu Team

$839,000

201 Ohua Avenue #T1-3405

WAIKIKI · Honolulu · 96815 · MLS 202613173

  • 1beds
  • 1baths
  • 533living sqft
  • Condotype

Rare opportunity to own a legal, active short-term vacation rental in the highly sought-after Waikiki Banyan! This refreshed (2022) 34th-floor 1-bedroom, 1-bath residence offers stunning Diamond Head, ocean, and city views. The spacious floor plan features a full kitchen, king bed, sleeper sofa, and comfortably accommodates up to four guests. The newly renovated recreation deck features an outdoor pool, two jet spas, barbecue stations, spacious gathering areas, and a children's playground. Additional amenities include unassigned parking, 24-hour security, an on-site convenience store, café, and laundry facilities on the same floor. Ideally located just one block from world-famous Waikiki Beach and minutes from Kapiolani Park, the Honolulu Zoo, shopping, dining, and entertainment. Includes Nonconforming Use Certificate (NUC) No. 1990/NUC-0898, allowing for legal short-term vacation rentals. The sandwich lease is paid in full, and the current professional vacation rental management team is available to assist with a seamless transition.

Building & interior

Condition
Good Condition · Updated Remodeled
Living area
533 sqft
Total area
600 sqft
Lot size
99,796 sqft
Year built
1977
Renovated
2022
Stories
One
Floor
34
Parking
1 stalls · Covered · One Space · Unassigned
Furnished
Furnished
View
Coastline · City · Mountains · Ocean · Sunrise

HOA & monthly fees

Maintenance fee
$1,050/mo
Total monthly fees
$1,050/mo
Fee includes
Cable Tv · Electricity · Internet · Sewer · Water
Owner-occupancy
Tenant-occupied

Construction & features

Flooring
Vinyl
Construction
Concrete
Interior
Single Living Level
Community
Barbecue · Community Pool · Deck Porch · Laundry Facilities · Playground · Patio · Pool · Recreation Area · Restaurant · Sauna · Tennis Courts · Trash Chute
Security
Closed Circuit Cameras · Fire Sprinkler System · Security Guard

Tax & assessment

Annual property tax
$7,145/yr
Tax year
2025
Assessed — total
$727,200
Assessed — land
$106,600
Assessed — improvements
$620,600
TMK
1-2-6-025-005-0379
Zoning
X2 - Apartment Precinct
Land tenure
Fee simple
Financing accepted
Cash · Conventional
Disclosures
Seller Disclosure · See Remarks

Price history

Original list
$839,000
Current
$839,000

What's included

  • AC Window Unit
  • Cable TV
  • Disposal
  • Drapes
  • Kitchenware
  • Linens
  • Microwave Hood
  • Range/Oven
  • Refrigerator
  • Smoke Detector

Nearby

  • Playground
  • Pool
  • Restaurant
  • Tennis Court(s)
  • Management

Listed by Royal Realty LLC

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

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