Search

Leave a Message

Thank you for your message. I will be in touch with you shortly.

Browse Homes
201 Ohua Avenue 605 (NUC)
$595,000

201 Ohua Avenue 605 (NUC)

1 Bed 1 Bath 557 Sq.Ft. 2.29 Acres

Description

Best price! Waikiki Banyan #605-2 offers a fantastic opportunity for investors, second-home buyers, or primary residence. This 1-bedroom, 1-bathroom unit comes with a Non-Conforming Use Certificate (NUC, which currently costs less than the Bill 41 TVU license), making it eligible for short-term vacation rentals--perfect for capitalizing on a limited short-term rental market. The unit is priced to sell and, while it needs updating, it offers great potential for customization. The 6th-floor location allows for an in-unit washer/dryer, adding convenience for owners and renters alike. Additionally, the property includes one unassigned parking stall, a valuable feature in this prime Waikiki location. The building is financially solid with recent capital improvements, including re-piping of the sewer lines and modernized elevators. With its prime location steps from Waikiki Beach and all the local amenities, this unit is an excellent choice for those seeking both flexibility and value in a vacation rental building.

Share Property

Location

201 Ohua Avenue 605 (NUC), Honolulu, HI 96815

Status

Sold
Andrew Leitheiser

Andrew Leitheiser

TITLE

REALTOR®

Property Amenities

Interior
Flooring Carpet, Other
Total Bedrooms: 1
Full Bathrooms: 1
Other Interior Features Bedroom on Main Level
Area & Lot
Total area 624 Sq.Ft.
Lot Area 2.29 Acres
Living area 557 Sq.Ft.
MLS® ID 202521150
Year Built 1977
View Description Canal,City,Mountain(s),Sunrise
Architecture Styles High Rise
Type Condo
Status Sold
Exterior
Stories 1
Security Features Closed Circuit Camera(s), Fire Sprinkler System, Security Guard
Parking Garage, Secured, Unassigned
Finance
Sales Price $595,000
Maintenance Fee $902 monthly
Real Estate Tax $6,904 yearly

360 Virtual Tour

Take a tour of this property

Work With Andrew

From first viewings to final closings, I’m by your side to ensure every step is clear, enjoyable, and tailored just for you. Let’s team up and make your next move in Honolulu an absolute breeze.