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$595,000

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

Condominium|Sold 11/14/2025
1
Bed
1
Total Bath
1
Full Bath
557
SqFt
$1,068
/SqFt
1977
Built
Subdivision:
WAIKIKI
County:
Oahu
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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.

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Listing Snapshot
Bedrooms 
1
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Inside Area (SqFt) 
557 sqft
Lot Size 
2.291 Acres
Year Built 
1977
MLS® Number 
202521150
Status 
Sold
Property Tax 
$6,904.08
HOA/Condo/Coop Fees 
$954
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 months agoListing updated with changes from the MLS®
General Features
Garage 
Yes
Land Tenure 
FeeSimple
Levels 
One
Parking Spaces 
1
Pets 
Call
Property Sub Type 
Condominium
Security 
Closed Circuit Camera(s)Fire Sprinkler SystemSecurity Guard
SqFt Total 
624
Style 
HighRise
Zoning 
X2 - Apartment Precinct
Interior Features
Flooring 
CarpetOther
Furnished 
Furnished
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Concrete
Spa Features 
Community
View 
CanalCityMountain(s)
Waterview 
CanalCityMountain(s)
Community Features
Association Amenities 
Hot Water
Association Dues 
954
Community Features 
PlaygroundPool
MLS Area 
Metro
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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