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MLS: 202418807 (Active - For Sale)Condo: Hawaiian Prince Apts Ltd #407
 
Asking Price: $86,000 Leasehold
Lease Expires: 03/31/2040
Type: Condominium
District: Metro
Address: 410 Nahua Street, Honolulu, HI
Maintenance Fee: 401.00
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 481 SF

View: City,Garden,Mountain
Parking: Open - 1,Open - 2,Open - 3+,Se
Amenities: Patio/Deck,Resident Manager
Days on Market: 109
Year Built: 1959
Zoning: X2 - Apartment Precinct
Land Recorded: Land Court
Property Taxes: $92
Assessed Value: $319,400
Assessed Ratio: 26.93%
Listing Courtesy: Coldwell Banker Realty
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All Units For Sale in Hawaiian Prince Apts Ltd


In the heart of Waikiki, this corner one-bedroom one-bathroom unit, right below the penthouse, is conveniently within walking distance to world-famous Waikiki Beach and the International Marketplace with a soon to open Target store is less than a two minute walk away. The Hawaiian Prince Apartments is a secure well-maintained co-op elevator building with a resident manager. This is a LEASEHOLD property, the ground lease ends on "March 31, 2040, PROVIDED HOWEVER, that on or after March 31, 2030, Lessor(Queen Emma) should have the absolute right to terminate said Lease SUBJECT TO the conditions set forth in said Lease." The owner's monthly expenses:$677.01(ground lease rent) $401.19(monthly maintenance fee) $91.62(monthly property tax)=$1,169.82/Total per month, only the ground lease rent portion increases 3% annually. The unit is being conveyed fully-furnished as-is. Minimum 30-day rentals building and this unit has strong 30-day rental income history. There is a short wait list for onsite secured parking. Fee purchase and financing is not available. Currently tenant occupied, showings are only available after receiving an accepted offer with an inspection/showing contingency.

2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
20182040407/30/201808/29/2018$55,000$40,000
20240633603/13/202405/24/2024$70,000$60,000

3 Comparable Units Sold in Hawaiian Prince Apts Ltd (Last 12 months)
Description List Date Sold Date List Price Sold Price
1 Bed 1 Bath04/11/202302/29/2024$70,000$70,000
1 Bed 1 Bath03/13/202405/24/2024$70,000$60,000
1 Bed 1 Bath01/31/202404/08/2024$89,000$82,000
Average Price:  $70,667

 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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