Listing Image
MLS: 202603437 (Active - For Sale)Condo: Nuuanu Brookside #2004
 
Asking Price: $350,000 Leasehold
Lease Expires: 09/01/2070
Type: Condominium
District: Metro
Address: 55 S Judd Street, Honolulu, HI
Maintenance Fee: 766.00
Neighborhood: Nuuanu-lower
Beds: 1   Baths: 1
Living Area: 628 SF
Land Area: 1.19 Acres
View: City,Mountain,Ocean
Parking: Covered - 1,Other
Amenities: BBQ,Condo Association Pool,Patio/Deck,Resident Manager,Sauna,Security Guard,Trash Chute
Days on Market: 17
Year Built: 1979
Zoning: 13 - A-3 High Density Apartment
Land Recorded: Regular System
Property Taxes: $119
Assessed Value: $407,400
Assessed Ratio: 85.91%
Listing Courtesy: Coldwell Banker Realty


Exceptional value with long-term security in this Honolulu leasehold opportunity. The property has approximately 45 years remaining and low, fixed lease rent through September 1, 2070. Over 90% of owners chose to retain their leasehold when the fee was offered in 2020-2021, highlighting the strength of the existing terms. Predictable lease step-ups through 2070 may allow for 30-year financing at an attractive price point. Located at the end of a quiet cul-de-sac, this well-maintain 1-bedroom, 1-bathroom, 1-parking residence offers a peaceful setting with convenient access to Downtown Honolulu, UH, and nearby schools. Recent updates include new flooring (January 2026) and a renovated bathroom (March 2026). A half enclosed lanai provides soft morning light and a relaxing retreat. The building offers 100% hurricane insurance coverage. An excellent investment opportunity, the unit is tenant-occupied with a flexible lease at $1,950/month, and the tenant would like to remain.


 
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