Built in 1973, 100 Units on 20 Floors, 1 - 3BR, Pets: OK (verify).
Amenities include Heated Pool, Resident Manager.
Neighbor on east side is a Senior Citizens home, so you know it's quiet!
About Ala Wai Townhouse
The Ala Wai Townhouse is a large white tower that probably won't get your attention as you drive or walk by, but there's a few surprises behind that facade. The biggest is the opportunity in these Waikiki condos to have both a residence and an income-producing property at the same time.
How? Some of the 2BR units have two separate entrances, creating the possibility of making one of the bedrooms a studio unit that can be rented out. It's an easy way to offset some of those mortgage payments.
The 1BRs in the building have 480 sq ft floor plans, while the 2BRs have from 756 to 765 sq ft in their interiors. Those measurements don't include the lanais, which add from 50 to 220 more square footage to the total.
Corner units lanais wrap around, so you get broader views of the city, canal, mountains or, on the very highest floors, the ocean. Some have had the lanai enclosed so that has become additional indoor room to do with as you choose.
The Ala Wai Townhouse condos are a mix of fee simple and leasehold, the lease coming up in 2029. That will account for price differences in comparable properties, so keep that in mind.
You're just a few blocks from the beach and, with the surfboard storage on-site, you're always ready to hit the waves at a moment's notice. Talk about being the right place at the right time!
Sitting here in the thick of Waikiki, you've got this world-famous playground at your feet. Suddenly the Ala Wai Townhouse is starting to stand out, isn't it?
The price range of condos for sale in Ala Wai Townhouse is $460K to $475K with a median price of $467K and median interior of 765sf.
The median price of condos sold in Ala Wai Townhouse year-to-date (2016) is $165K. In previous years it was $265K (2015), $405K (2013), $495K (2012), $286K (2011), $140K (2010), $240K (2009), $252K (2008), $215K (2007), $250K (2006), $240K (2005), $185K (2004), $142K (2003).
8 condos have sold in Ala Wai Townhouse year-to-date (2016). In previous years, the total number of condos sold were 3 (2015), 3 (2013), 1 (2012), 6 (2011), 1 (2010), 2 (2009), 3 (2008), 2 (2007), 7 (2006), 11 (2005), 9 (2004), 8 (2003).
On average Ala Wai Townhouse condos were on the market for 75 days before they were sold (2016). In previous years it was 34 days (2015), 63 days (2013), 37 days (2012), 70 days (2011), 343 days (2010), 65 days (2009), 110 days (2008), 97 days (2007), 44 days (2006), 63 days (2005), 48 days (2004), 130 days (2003).
The average days on market for Ala Wai Townhouse condos before sold was 114 days November 2016.
The ratio of Ala Wai Townhouse condos sales price vs list price was 97.9% November 2016 compared to 98.5% November 2015.
1 Ala Wai Townhouse condo was sold November 2016 compared to 1 condo sold November 2015.
The total dollar volume of condos currently for sale in Ala Wai Townhouse is $1.4M and the sold dollar volume year-to-date (2016) is $1.93M. In previous years sold dollar volume was $720K (2015), $1.24M (2013), $495K (2012), $1.58M (2011), $140K (2010), $480K (2009), $747K (2008), $430K (2007), $1.74M (2006), $2.64M (2005), $1.71M (2004), $1.13M (2003).
The most recent sale in Ala Wai Townhouse was a condo located at #1006 , sold for $460K on Nov 22, 2016. It had 837sf of interior. 9 other recent sales include: #503 (480sf) sold for $84K on 10/28/2016. # (833sf) sold for $162K on 8/10/2016. #603 (480sf) sold for $142K on 6/6/2016. #1504 (756sf) sold for $450K on 6/3/2016. #802 (833sf) sold for $169K on 5/27/2016. #1904 (756sf) sold for $155K on 5/16/2016. #2003 (480sf) sold for $310K on 2/29/2016. #801 (765sf) sold for $265K on 11/9/2015. #1501 (765sf) sold for $160K on 9/24/2015.
In Ala Wai Townhouse there is currently 3 fee simple units for sale.
There is 3 x 2 bedroom floor plans.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 03, 2016. Information is deemed reliable but not guaranteed.