$720,000
$15K PRICE DROP

201 Ohua Ave Unit 2209 Honolulu, HI 96815

Waikiki Neighborhood

Estimated payment $4,611/month

Total Views 990
-- Bed
1 Bath
533 Sq Ft
$1,351 Price per Sq Ft

Highlights

  • Ocean View
  • 99,796 Sq Ft lot
  • Community Pool
  • Fitness Center
  • Sauna
  • Building Patio

About This Home

PRICE ADJUSTMENT TO SELL!!!!Turn-key, fully remodeled condo in the heart of Waikiki—ready to move in or start generating income immediately! This legal vacation rental comes with a NUC (Nonconforming Use Certificate), allowing for short-term (daily) rentals. Enjoy stunning Diamond Head and ocean views right from your private balcony. Features include custom cabinets, newer bed frame, a full-size dishwasher (a rare find in this building), and a smartly designed bathroom with two separate entrances—ideal for hosting guests. The unit has been meticulously maintained and generates excellent rental revenue. Hotel-style amenities add to the guest experience. Listing agent is also the property manager and can answer any questions regarding income, bookings, and management. Don’t miss this opportunity to own a beautifully upgraded, income-producing property in paradise! Special assessment of $570.78 started on Jan 1, 2025 to fund the pool project that is estimated to end in Dec 2025, plus a $52.20 Becker Sandwich Lease (even though this is FS). There is also a modernization of elevators going on. Once this is all over this place will be all renovated!

Listing Agent

Marcela Gama

Real Capital Management, LLC License #RS-61498

Co-Listing Agent

Maria Arias-Nordstrom

Real Capital Management, LLC License #RS-79988

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,200

Year Built

  • Built in 1977

Lot Details

  • Property is in excellent condition

Property Views

  • Ocean
  • Coastline
  • Golf Course

Interior Spaces

  • 1 Full Bathroom
  • 533 Sq Ft Home
  • Laminate Flooring

Parking

  • 1 Parking Space
  • Covered Parking

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 1-2-6-025-005-0215

Community Details

Overview

  • Association fees include cable TV, electricity, hot water, internet, ground maintenance, maintenance structure, sewer, water
  • Waikiki Banyan Condos
  • Waikiki Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Sauna
  • Laundry Facilities

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,200

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Architectural Style: High Rise
  • Building Name: Waikiki Banyan
  • Co List Office Mls Id: MGMT
  • Inclusions: Blinds,Convection Oven,Dishwasher,Drapes,Kitchenware,Linens,Microwave,Range/Oven,Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1977
  • CommunityFeatures: Barbecue, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Playground, Patio, Sauna
  • Road Frontage Type: Other
  • SecurityFeatures: Security Guard
  • Co List Office Phone: (808) 220-5215
  • MLS Status: Active
  • Subdivision Name: WAIKIKI
  • Entry Level: 22
  • Living Area: 533.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Furnished: Furnished
  • Spa Features: Community
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Excellent, Updated/Remodeled
  • View: Coastline, Golf Course, Mountain(s), Ocean
  • View: Yes
  • Disclosures: Seller Disclosure
  • Exclusions: Other

Garage/Parking

  • Parking Features: Covered, One Space
  • Total Parking Spaces: 1.0

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Water

Lot Info

  • Parcel Number: 1-2-6-025-005-0215
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 902.0

Tax Info

  • Tax Annual Amount: 7200.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,192 $760,400 $112,500 $647,900
2023 $2,525 $642,100 $109,000 $533,100
2022 $1,981 $502,800 $106,600 $396,200
2021 $1,929 $492,500 $106,600 $385,900
2020 $2,222 $566,100 $98,400 $467,700
2019 $2,228 $565,800 $82,000 $483,800
2018 $2,049 $516,100 $71,100 $445,000
2017 $1,941 $486,100 $54,700 $431,400
2016 $1,881 $468,700 $44,800 $423,900
2015 $1,497 $427,700 $38,300 $389,400
2014 $1,405 $382,300 $30,100 $352,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2025 04/26/25 Price Changed $720,000 -2.0% $1,351 / Sq Ft
04/14/2025 04/14/25 For Sale $735,000 0.0% $1,379 / Sq Ft
10/30/2019 10/30/19 Rented $2,200 -12.0% --
10/30/2019 10/30/19 For Rent $2,500 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $10,000 Tg
Warranty Deed $10,000 Tg
Warranty Deed -- Fhtc
Warranty Deed -- Fhtc
Warranty Deed -- Fhtc
Warranty Deed -- Tg
Warranty Deed -- Tg
Warranty Deed -- Tg
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202509970

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-025-005-0215