| List Price $519,000 Fee Simple ❤ |
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 tapoffer.net |
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|  elcome to this oceanfront Blue Hawaiian Cottage; a great place to live & a wonderful investment opportunity to generate passive income through legal short & long-term rental. It is located in a safe oceanfront building with 24-hour security & an onsite parking garage. The neighborhood is vibrant & convenient with many restaurants & shops within walking distance. With great restrictions placed on Short-term rentals, this apartment became invaluable as it is one of the rare oceanfront properties that can be legally rented on a day-to-day basis. Year-round high rental demand & great reviews from guests for its proximity to the ocean & world-class surf spots. Statements show that it generated an average of $45,000 in annual income. This precious apartment is customized with blue Hawaii decoration, it has a laminated wood floor, a king-size Tempur-Pedic mattress bed & a full-size sofa bed. The lanai looks at the beautiful Hawaiian mountains as the apartment cools by tradewinds. The recently installed air conditioner is fully paid off. Invest in this little gem that is free & clear of any future rental reservations. Start the new year with a great source of passive income.
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What will it cost to own?
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| MLS | Public |  | | Condo/Townhouse | Condo | Property Type
Sub Type | | 1765 Ala Moana Blvd | 1765 Ala Moana Blvd |  | | Ilikai Marina 1487 | Ilikai Marina 1487 | | | Honolulu HI 96815 | Honolulu Hawaii 96815 | | | Metro Waikiki | Waikiki | | | na | Ala Wai Elem |  | | na | Washington Int | | | na | Kaimuki High | | | Kaimuki-McKinley-Roosevelt | Complex | | Public Schools | Rank | | na | Ilikai Inc
Ilikai Inc |  Builder | | MLS 202322296 | TMK 1-2-6-10-2-179 | Property ID | | 0 | 0 |  Bedrooms | | 1 | 1 |  Full Baths | | 0 | 0 | Half Baths | | 1 | 1 | Total baths | | 0 | | Rooms | | 0 | na |  Parking | | 427 | 427 |  Interior sf | | 0 | |  Lanai sf | | 427 | | Total sf | | $539,000 11/8/2023 | | Original list | | Active 172 DOM | | Status | |
$519,000
| |  List price | | 1/4/2024 | | Last price change | | Fee Simple | Fee Simple | Tenure | | No | | Fractional | | 1968 | 1968
1968 | Year built | | na | | Conversion | | 0 na | | Remodeled | | 7 % | Biennial Reg, § 6. | Owner Occupancy | $ 56
$ 0
$ 600
$ 656
Includes:
Special Assessment
AC Central
Cable TV
Electricity
Hot Water
Internet Service
Other Common Expenses
Sewer
Water | | AOAO fee
AOAO other
Maint fee
AOAO total fees | | 14 | 14 | Floor | City
Mountain
Sunrise | |  View | | Land Court | | Recorded | | Resort Hotel Precinct | RESMIX | Zoning | | Zone - AE | Flood Map
Tsunami Map | Flood | | na | | Restrictions | | Excellent | | Condition | Central AC
Odd# Unit
Single Level | | Features | Ceramic Tile
Laminate | | Flooring | AC Central
Cable TV
Range/Oven
Refrigerator
Smoke Detector | | Inclusions | | na | | Exclusions | Key
Security Patrol
Video | Guard | Security | Community Laundry
Restaurant
Security Guard
Trash Chute | | Amenities | | na | | Frontage | | High-Rise 7+ Stories | Condo
18 Stories
261 Units | Architecture | | na | | Model | | Ilikai Marina | Skyscraper | Above Ground
Concrete
Double Wall
Slab | | Materials | | 15-20 | | StoriesType | | Disclosure Stmt | | Disclosures | | 0 | | Parking stall ID | | | | | | | | 0 | 172 | Public Report | None
Street | | Parking | | 0 | Guest parking | | 0 | Passenger 4
Freight 0 | Elevators | | na | | AOAO Name | | na | | AOAO Ph | | Hawaiian Prop | Hawaiian Properties Ltd | Management Co Name | | 808-539-9777 | | Management Co Ph | | na | | Buyer Financing | | First Hawaiian Bank | 1st Mortgagor | | 187,500 | 1st Mortgage | | na | 2nd Mortgagor | | 0 | 2nd Mortgage | | No/na | | Foreclosure/Case# | | 2023 | 2020 | Property tax year | | $ 135,000 | $ 151,900 | Land assessed | | $ 258,500 | $ 181,500 | Building assessed | | $ 0 | $ 0 | Home owner exemption | | $ 393,500 | $ 333,400 | Total assessed RPAD | | $ 115 | $ 97 | Tax per month rates | | 0 | | Total rent | | | Building Permits | 45 Days or More
At Closing | | Possession | | None | | Special | Cash
Conventional | | Financing
Affordability
Apply Online
PDF application | | na | | Furnished | | No | | New development | Estimated summary Buyer closing statement
calculated at list price | | x Price | Total | Buyer Share | | | 0.365% | 1,895 | 40.0% | 758 | + ALTA Insurance | | 0.290% | 1,505 | 50.0% | 753 | + Escrow Fee | | | | | 350 | + Condo Transfer | | 0% | 3400 | | 1,861 | = Sub-total | | | | | (2,032) | = Sub-Total | | 519,000 | | | 519,000 | + Price | | | | | 516,968 | = Est Cost to Buy* | | * Excluding loan fees, pro-rations, special and sundry fees. Escrow companies and lenders also calculate estimated closing costs for you. |
| | Monthly | Cost to own estimate: | | $ 115 | Real Property Tax | | $ 656 | Association Fee | | $ 0 | Lease Rent | | $ 771 | Cost to own
(ex Mortgage, Ins & Elec) | | 11/6/2023 | | Active | | 1/4/2024 | | Price change | | na | | Continue to show | | na | | Pending | | na | | Temp withdrawn | | na | | Back on market | | na | | Withdrawn | | na | | Off market | | 11/8/2023 | | Status change | | na | | Advertise | | na | | Auction | | Redfin Corporation | Listing Firm | | gene.neal@redfin.com | | Listing Participant | | 10/31/2023 | | Photos uploaded | | na | | Supplement Mod |
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© is provided by
Hawaii Home + Commercial LLC
Affiliated Companies: ·
Robin Charles Glass (R), MBA, eng.
Principal Broker, Managing Member
Ph: (808) 358-1774
Email: glassr@hawaiihome.cc
Administrator, Managing Member
Ph: (808) 372-9136
Email: mamiglass@gmail.com
MLS and Public Records Databases synchronized every 15 minutes. Includes information from the Multiple Listing Service of HiCentral MLS, Ltd. IDX information is provided exclusively for consumers` personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the information is deemed reliable but not guaranteed. © 2020 by HiCentral MLS, Ltd.
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