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Hale Walina #43 (Waikiki)

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  • Asking Price: $150,000

    $15,000 price drop 4 days ago

  • Beds: 0
  • Baths: 1
  • Living: 418 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 09/09/34
  • Lease Rent: $ 410 / month
  • Fee Purchase: Not available
  • Balcony: 52 ft²
  • Built: 1965
  • Parking: 0
  • Maint. (HOA) Fees: $661 / month
  • Property Taxes: $25 / month ?
  • Est. Mortgage: $758 / mo - adjust loan
  • Time Listed for Sale: 54 days
  • Status: Active
  • Buy without visiting ?
  • All Hale Walina condos for sale »
  • All Waikiki condos for sale »

424 Walina St #43, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Jay Macalma (RA)
RS-83401
Ohana Investment Realty LLC
Phone: (808) 909-2282

Description
***Investor Alert: Studio Condo in Waikiki's Hale Walina***Discover investment potential with this well-located studio condo, just a block from the International Marketplace and across from the new Waikiki Market. Originally designed as a one-bedroom unit, it has been smartly converted into an open-plan studio, enhancing its spacious feel and increasing its appeal for long-term tenants.Positioned in the vibrant heart of Waikiki, close to an array of dining, shopping, and beach options, this property is ideally suited for long-term rentals, offering a consistent revenue stream in a high-demand area. Hale Walina's amenities, including a pool and BBQ grill, add to the living experience, making it attractive to potential residents.This condo is available with negotiable furniture, allowing for a quick setup for new tenants. The leasehold expires in September 2034, providing a clear investment timeline. This is an excellent opportunity for investors seeking a steady income property in a prime location.Leasehold Expires 09/2034
Recent Activity
  • May 01, 2024 Price ↓ $150,000
  • Mar 12, 2024 Listed at $165,000
Past Sales
  • #31: Studio | 1 Ba @ $310K (4/19/24)
  • #22: Studio | 1 Ba @ $314K (3/14/24)
  • #55: 1 Bd | 1 Ba @ $360K (9/26/23)
  • #54: 1 Bd | 1 Ba @ $280K (12/27/22)
  • #51: Studio | 1 Ba @ $248K (5/5/21)
  • #21: Studio | 1 Ba @ $266K (5/31/19)
  • #hidden: Studio | 1 Ba @ $300K (5/5/17)
  • #35: 1 Bd | 1 Ba @ $227K (1/13/17)
  • #53: 1 Bd | 1 Ba @ $240K (1/28/16)
  • #44: 1 Bd | 1 Ba @ $205K (4/27/15)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.58
  • Price / ft²: $359
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City
  • Furnished: Negotiable
  • Property Condition: Average
  • Owner Occupancy: 38%
  • Management Company: All Community
  • Security Features: Key
  • Amenities: BBQ, Community Laundry, Pool on Property, Resident Manager
  • TMK: 1-2-6-21-19-14
  • Tax Assessed Land: $108,600
  • Tax Assessed Improvements: $188,100
  • Tax Assessed Total: $296,700
  • Courtesy: Ohana Investment Realty LLC
  • MLS: 202406241
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Good to Know
Address: 424 Walina, Honolulu, HI 96815.

About Hale Walina
Hale Walina stands out in its immediate surroundings. It's a 5 story building on a street where most buildings are at least 3 times that height, preserving something of an earlier Waikiki in their midst.

Despite that disparity, the building isn't suffocated by its taller neighbors. There's nice open spaces on either side of Hale Walina that allow nice breathing space. On top of that, directly across the street is the one big supermarket in all Waikiki, Food Pantry. You get not just the welcome convenience of that proximity, but   .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 05, 2024. Information is deemed reliable but not guaranteed.
Other Hale Walina Listings
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$360,000
Save
Hale Walina #35
1 Bd | 1 Ba
520 ft²
All Hale Walina condos for sale »
Other Honolulu Condos
All Honolulu condos for sale »
  • Asking Price: $150,000

    $15,000 price drop 4 days ago

Description
***Investor Alert: Studio Condo in Waikiki's Hale Walina***Discover investment potential with this well-located studio condo, just a block from the International Marketplace and across from the new Waikiki Market. Originally designed as a one-bedroom unit, it has been smartly converted into an open-plan studio, enhancing its spacious feel and increasing its appeal for long-term tenants.Positioned in the vibrant heart of Waikiki, close to an array of dining, shopping, and beach options, this property is ideally suited for long-term rentals, offering a consistent revenue stream in a high-demand area. Hale Walina's amenities, including a pool and BBQ grill, add to the living experience, making it attractive to potential residents.This condo is available with negotiable furniture, allowing for a quick setup for new tenants. The leasehold expires in September 2034, providing a clear investment timeline. This is an excellent opportunity for investors seeking a steady income property in a prime location.Leasehold Expires 09/2034
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 05, 2024. Information is deemed reliable but not guaranteed.
    • May 01, 2024 Price ↓ $150,000
    • Mar 12, 2024 Listed at $165,000
    Address: 424 Walina, Honolulu, HI 96815.

    About Hale Walina
    Hale Walina stands out in its immediate surroundings. It's a 5 story building on a street where most buildings are at least 3 times that height, preserving something of an earlier Waikiki in their midst.

    Despite that disparity, the building isn't suffocated by its taller neighbors. There's nice open spaces on either side of Hale Walina that allow nice breathing space. On top of that, directly across the street is the one big supermarket in all Waikiki, Food Pantry. You get not just the welcome convenience of that proximity, but   .....
    Read more.
    Other Hale Walina Listings
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $360,000
    Save
    Hale Walina #35
    1 Bd | 1 Ba
    520 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Leasehold Expiry: 09/09/34
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.