$495,000
Fee Simple
Original List Price: $539,000 Days On Market: 166
Unit Information
Bedrooms:
Studio Apartment
Living Area:
427 SF
Parking:
NA
Baths:
1 Full
Lanai:
Not Available
Condition:
Excellent
Total SF:
427 SF
View:
City, Mountain, Sunrise
Listing Agent Remarks:
welcome 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. 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. ~
redfin corporation
Maintenance Fee pays for: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Maint. Fee/Interior SF: $1.54/sf
Maint. Fee/Total SF: $1.54/sf
Additional Information
Flooring: Ceramic Tile, Laminate Unit Features: Central AC, Odd# Unit, Single Level Disclosures: Property Disclosure Statement - Attribution Contact (808) 201-2821 Parking Features: 0 stall(s), None, Street Parking available
Typical Loan Options and Down Payment Requirements:
Lodging unit/Condotel: 100% down - Lenders are currently not lending on studios without a full kitchen (hotel rooms)
Condotel unit with Full Kitchen: 30% down with minimum credit score of 680
The above active listing information is based on information from the Multiple Listing Service of the Hicentral MLS, Ltd. Active listings last updated on 4/26/2024. Information is deemed reliable but not guaranteed. The information has not been verified by HIcondos.com or it's associates and should be verified by the buyer. Copyright: 2024 by the Hicentral MLS, Ltd. more.