Built in 1979, 44 Floors with 439 Units, Studio & 1 - 2BR Floor plans, Pets: No.
Amenities include Pool, Meeting Room, Security Guard, BBQ Area, Restaurant.
Some units have ocean views to add to their already attractive list of features!
About Hawaiian Monarch
The Hawaiian Monarch is another of the condotel properties that have become more common in and around Waikiki. It's a great way for investors to own not only a piece of Honolulu real estate, but also a part of the tourism business that drives the entire Hawaii economy.
Being a condotel you have the rights to rent your property for short-term stays, instead of the 30-Day minimum other vacation condos fall under. Since most visitors need a place for that shorter term, you're in the best position possible to get that business. Ultimately, though, attracting renters, long or short term, rides a lot on what the building offers. What does the Hawaiian Monarch bring to the table?
There's that most important of factors, location. The Monarch is near the west entrance to Waikiki, just off where McCully St comes over the Ala Wai Canal. This is a little further to the beach than most other areas of the district, but still walking distance.
You are at the crossroads, between the busier areas of the Ala Moana/Hilton Hawaiian Village side and the main strip to the east. That proximity allows you to sample the restaurants, shopping and sites across the entire Waikiki area, rather than being confined to one main part. You're also very near the Convention Center, making it an attractive temporary home for those attending events there.
Security is important and you get that here as well. Security Guards are always on duty plus a secured entrance as well. The outdoor pool is large and a pleasure to dive into after a day of meetings or walking around the attractions of beautiful Honolulu. Everything you and your guests need for a pleasurable stay is here. See what's available now and become a part of the booming business of the Hawaii Visitor industry.
The price range of condos for sale in Hawaiian Monarch is $97K to $215K with a median price of $158K and median interior of 236sqf.
The median price of condos sold in Hawaiian Monarch year-to-date (Jan - Oct 27, 2016) is $166K. In previous years it was $165K (2015), $149K (2014), $129K (2013), $119K (2012), $108K (2011), $105K (2010), $88K (2009), $120K (2008), $144K (2007), $210K (2006), $125K (2005), $115K (2004), $83K (2003).
37 condos have sold in Hawaiian Monarch year-to-date (Jan - Oct 27, 2016). In previous years, the total number of condos sold were 45 (2015), 27 (2014), 35 (2013), 20 (2012), 14 (2011), 18 (2010), 17 (2009), 17 (2008), 33 (2007), 50 (2006), 64 (2005), 38 (2004), 30 (2003).
On average Hawaiian Monarch condos were on the market for 96 days before they were sold (Jan - Oct 27, 2016). In previous years it was 110 days (2015), 115 days (2014), 70 days (2013), 76 days (2012), 49 days (2011), 50 days (2010), 52 days (2009), 47 days (2008), 63 days (2007), 70 days (2006), 51 days (2005), 70 days (2004), 61 days (2003).
The average days on market for Hawaiian Monarch condos before sold was 47 days September 2016 compared to 81 days September 2015.
The ratio of Hawaiian Monarch condos sales price vs list price was 98.7% September 2016 compared to 96.9% September 2015.
1 Hawaiian Monarch condo was sold September 2016 compared to 5 condos sold September 2015.
The total dollar volume of condos currently for sale in Hawaiian Monarch is $729K and the sold dollar volume year-to-date (Jan - Oct 27, 2016) is $7.76M. In previous years sold dollar volume was $8.14M (2015), $4.75M (2014), $5.89M (2013), $2.67M (2012), $1.77M (2011), $2.13M (2010), $1.41M (2009), $3.06M (2008), $6.35M (2007), $10.48M (2006), $10.34M (2005), $5.28M (2004), $3.34M (2003).
The most recent sale in Hawaiian Monarch was a condo located at #1303 , sold for $125K on Oct 26, 2016. It had 247sqf of interior. 9 other recent sales include: #3505 (488sqf) sold for $226K on 10/17/2016. #1108 (255sqf) sold for $166K on 10/17/2016. #2601 (488sqf) sold for $370K on 9/27/2016. #812 (236sqf) sold for $157K on 8/26/2016. #2310 (223sqf) sold for $170K on 8/10/2016. #1711 (247sqf) sold for $177K on 8/8/2016. #3507 (532sqf) sold for $355K on 7/22/2016. #1907 (223sqf) sold for $157K on 7/18/2016. #1503 (247sqf) sold for $160K on 7/15/2016.
In Hawaiian Monarch there is currently 2 fee simple and 3 leasehold units for sale. 2 of the condos have ocean views and 3 have mountain views.
There are 4 studio floor plans and 1 x 1 bedroom floor plan.
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The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 22, 2016. Information is deemed reliable but not guaranteed.