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383 Kalaimoku Street , E1116

Honolulu, HI 96815
  • $1,650,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 202322095
UPDATED: 35 min ago
$1,650,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,235
    SQFT
  • $1,336
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2014
County:
Area:

School Ratings & Info

Description

With spectacular Ocean views, this 2-bed, 2-bath corner-unit with lanai participates in the Hotel Rental Program. Occupancy has averaged 16 sold nights per month (Dec, 2022 to Sep, 2023) with an average positive cash flow in excess of $10K in that same timeframe. Seller is participating in the Ewa Tower Unit Renovations Project, which is mandatory for all units in the Hotel Rental Program. $124K towards upgrades will be paid by the seller. Unit will be enhanced with new carpet, paint, wall coverings, select furnishings, upholstery, lighting, & artwork. (Work expected to begin Fall, 2024.) The Ritz-Carlton is within close proximity to many of Waikikis acclaimed beaches, attractions, shops, & restaurants. There is a long list of luxurious amenities which are synonymous with the Ritz-Carlton brand. The building is impeccably maintained and managed by the full-time, and very attentive, Ritz-Carlton Residences staff.

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© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai‘i Life Real Estate Brokers.

Licensed in the State of Hawaii, USA.
www.hawaiiclient.com/homes/144411426
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383 Kalaimoku Street , E1116 Honolulu, HI 96815

  • Price: $1,650,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 35 min ago
  • MLS #: 202322095
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,235
SQFT
$1,336
$/SQFT
2014
Built
Neighborhood:
Waikiki
County:
Oahu
Area:
Metro
Property Description
With spectacular Ocean views, this 2-bed, 2-bath corner-unit with lanai participates in the Hotel Rental Program. Occupancy has averaged 16 sold nights per month (Dec, 2022 to Sep, 2023) with an average positive cash flow in excess of $10K in that same timeframe. Seller is participating in the Ewa Tower Unit Renovations Project, which is mandatory for all units in the Hotel Rental Program. $124K towards upgrades will be paid by the seller. Unit will be enhanced with new carpet, paint, wall coverings, select furnishings, upholstery, lighting, & artwork. (Work expected to begin Fall, 2024.) The Ritz-Carlton is within close proximity to many of Waikikis acclaimed beaches, attractions, shops, & restaurants. There is a long list of luxurious amenities which are synonymous with the Ritz-Carlton brand. The building is impeccably maintained and managed by the full-time, and very attentive, Ritz-Carlton Residences staff.
Exterior Features

Construction Materials Concrete Floor Number 11 Parking None Parking Additional 0 Sq Ft Lanai Open 93 Stories One Style CondotelHigh-Rise 7+ Stories View CityMountainOceanSunset

Interior Features

Elevators 6 Floors HardwoodMarble/GraniteW/W Carpet Furnished None Inclusions AC CentralBlindsCable TVChandelierDishwasherDisposalDrapesDryerKitchenwareLinensOtherRange HoodRefrigeratorSmoke DetectorWasher Sq Ft Roofed Living 1142 Unit Features Bedroom on 1st LevelCentral ACCorner/EndEven# UnitSingle Level

Property Features

Amenities ConciergeDoormanExercise RoomFire SprinklerHeated PoolMeeting RoomOtherPatio/DeckPool on PropertyRecreation AreaRecreation RoomResident ManagerRestaurantSecurity GuardTrash ChuteValetWhirlpool Assessed Value Improvements 1990700.00 Assessed Value Land 141000.00 Assessed Value Total 2131700.00 Association Fee Includes AC CentralCable TVHot WaterInternet ServiceOther Common ExpensesSewerWater Association Fee Total 2654 Association Fee2 347 Association Fee2 Includes Other Common Expenses Building Name The Ritz-Carlton Residences - 383 Kalaimoku Disclosures Property Disclosure StmtSee Remarks Flood Zone Zone AO Foreclosure YN No Fractional Ownership YN No Land Recorded Land Court Land Tenure FS - Fee Simple Listing Financing CashConventional Maintenance Fees 2306.98 Management Company AUOU 383 Kalaimoku New Construction No Occupancy Hotel Rental Pool Possession At Closing Property Condition ExcellentAbove Average Security CardKeyKeyed ElevatorSecurity PatrolVideo Special Sale Conditions None Tax Amount 2596.05 Tax Annual Amount 31152.60 Tax Paid By Seller 1 Tax Year 2023 Zoning X6 - Resort Mixed Use Precinct

Listings provided courtesy of Keller Williams Honolulu: (808) 596-2888.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-12-05T02:59:22.597. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.


© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai‘i Life Real Estate Brokers.

Licensed in the State of Hawaii, USA.
 
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