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Liliuokalani Gardens

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  Liliuokalani Gardens Quick Facts:

Year Built: 1984 Units: 385
Stories: 24 Elevators: 4
High School: McKinley
Middle School: Washington
Elem. School: Jefferson

Unit# Apt II2412 in Liliuokalani Gardens

300 Wai Nani - Waikiki - East
MLS#: 202400403
$450,000 Fee Simple
Original List Price: $450,000
Days On Market: 126

Unit Information
Bedrooms: 2 Living Area: 944 SF Parking: NA
Baths: 2 Full Lanai:  Not Available    
Condition: Excellent Total SF: 944 SF View: Garden, Marina/Canal
Listing Agent Remarks:   amazing investment opportunity! this property is not for owner occupants. owner is selling only the fee interest. the leasehold interest is owned by a japanese corporation that consistently pays the current annual lease rent of $10,817 on time. there will be two more lease rent renegotiations, in 2024 and 2034, before the lease expires 10/31/2039. at lease expiration the fee owner will then own the fee simple interest in this 2-bedroom 2-bath unit and can move in, rent, or sell the unit. recent fee simple 2-bedroom 2-bath units in this community sold between $615,000 and $632,000, and recent rentals have been $3,000 to $3,500 monthly. great potential for increased lease rent and appreciation in the remaining 15 years of the lease! during those 15 years the fee owner doesn't have to worry about finding tenants or paying for repairs, maintenance/association fees, property taxes, or any assessments because the leasehold owner is responsible for those expenses. there is no access to see the interior of the unit - leasehold owner has no obligation to provide access. the purchase of this unit will need to be cash or high down payment financing. ~ compass

Financial Information
 Property Taxes:  $0 per month [Tax Info]
 Lease Rent:  $901.42 per month
 Maintenance Fees:  $0 per month
  Maintenance Fee pays for: AC Central, Cable TV, Hot Water, Internet Service, Sewer, Water, None
  Maint. Fee/Interior SF: $0.00/sf   Maint. Fee/Total SF: $0.00/sf

Additional Information
Flooring: Other
Unit Features: Bedroom on 1st Level, Central AC, Even# Unit, Full Bath on 1st Floor, Single Level
Furnished: Partial
Disclosures: Call Listor, Property Disclosure Statement, See Remarks  - Attribution Contact (808) 825-4277
Parking Features: 0 stall(s), None, Garage, Guest Stalls Available, Other, Secured Entry, Street Parking available














Neighborhood Information

Our specialty is helping buyers find the right condo in Honolulu, Downtown to Diamond Head, and representing their best interests.

This is not our listing and we do not represent the sellers of this property.

>> Liliuokalani Gardens's AOAO Biennial Registration
The following data is available in the above AOAO Biennial Registration (provided by eHawaii.gov) link:
  • Owner Occupancy?: Check Section 6
  • Maintenance Fees?: Check Section 8
  • Special Assessments?: Check Section 9
  • Pets Permitted?: Check Section 12

  • Lender Statistics - Liliuokalani Gardens

    Owner Occpt %:   51%
    Condo Type:   Regular
    Management Co:   Touchstone 521-6500
    Typical Loan Options and Down Payment Requirements:

    Standard Condo: 20% down

    Standard Condo/Non-US Buyer: 35% down

    FHA loan: 3.5% down (if FHA approved) [Check FHA Approval]

    VA loan: 0% down (if VA approved) [Check VA Approval]

    The above active listing information is based on information from the Multiple Listing Service of the Hicentral MLS, Ltd. Active listings last updated on 5/21/2024. 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.