NOT LISTED FOR SALE

2045 Kalakaua Ave Unit 519 Honolulu, HI 96815

Waikiki Neighborhood

Estimated Value: $347,278 - $359,000

Studio
1 Bath
313 Sq Ft
27,312 Sq Ft Lot

Sale Details

Date Sold: May 26, 2023

Last sale price $405,000 $1,294 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,393 / mo

63 Days on Market

Highlights

  • Heated Pool
  • Meeting Room
  • Patio
  • City View
  • Home Gym
  • 1-minute walk to Waikiki Gateway Park

About This Home

As of May 2023

Highly desirable and rarely available two queen beds unit in the heart of Waikiki. This condo hotel is centrally located on the Kalakaua Avenue in Waikiki which is close to many popular shops and restaurants, as well as Waikiki beach. One of the few legal daily short-term rental condos on the entire island. This tropical themed unit comes fully furnished with recent upgrades including soundproof lanai door, glass railing, and blackout curtain. All furniture are original which allow the flexibility of daily short-term rentals to maximize cash flow or participate in Aqua Aston Hotel Pool Program for minimal owner involvement. Additional resort style amenities include outdoor heatedpool, fully equipped gym, on-site laundry facility and restaurant. This unit is currently a successful short-term vacation rental and availability for showing is limited. Act now and schedule your showing today! Short-term vacation rental income statements are available upon request.

Last Agent to Sell the Property

Angela Brenna

Locations LLC License #RB-19999 Listed on: 03/24/2023

Last Buyer's Agent

Olivia Yoon

Green Tree Realty License #RS-74624

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,512

Year Built

  • Built in 1971

Lot Details

  • Property is in excellent condition

Home Design

  • Condo Hotel
  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 313 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Home Gym
  • Ceramic Tile Flooring
  • City Views

Home Security

Outdoor Features

  • Heated Pool
  • Patio
  • Outdoor Grill

Utilities

  • Split Air Conditioning
  • Cable TV Available

Community Details

Overview

  • High-Rise Community
  • Luana Waikiki Condos

Amenities

  • Restaurant
  • Meeting Room
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,512

Year Built

Built in 1971

Lot Details

0.63 Acres

Listing Details

  • Architectural Style: Condotel
  • Building Name: Luana Waikiki
  • Inclusions: AC Split, Cable TV, Drapes, Refrigerator
  • LandTenure: FS - Fee Simple
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 313
  • Fill Sq Ft Total: 347
  • Stories Type: 15-20
  • Year Built: 1971
  • Attribution Contact: (808) 735-4200
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Heated Pool, Meeting Room, Patio/Deck, Restaurant, Security Guard
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile
  • Entry Floor: 5
  • Unit Features: Single Level

Exterior Features

  • Construction Type: Concrete
  • Flood Zone: Zone AO
  • Property Condition: Excellent
  • View: City

Garage/Parking

  • Parking Features: None

Multi Family

  • Maintenance Expense: 859.00

Tax Info

  • Tax Annual Amount: 4512.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 19, 2023
Sold by
Geng Jie and Geng Connie Kangni
Bought by
Pak Sinyoung and Jang Sehoon
Seller's Agent
Angela Brenna
Locations LLC
Buyer's Agent
Olivia Yoon
Green Tree Realty
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Current Estimated Value
$354,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,907
Avg. Annual Appreciation
-4.57%

Purchase Details

Listed on
Dec 2, 2019
Closed on
Mar 5, 2020
Sold by
Tanabe Chikao
Bought by
Geng Jie
Seller's Agent
Angela Brenna
Locations LLC
Buyer's Agent
Joan Chen
Coldwell Banker Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%

Purchase Details

Listed on
Dec 26, 2017
Closed on
Jun 4, 2018
Sold by
Miyabe Yumiko
Bought by
Tanabe Chikao
Seller's Agent
Angela Brenna
Locations LLC
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%

Purchase Details

Listed on
Jul 5, 2011
Closed on
Jun 8, 2012
Sold by
Outrigger Hotels Hawaii
Bought by
Miyabe Yumiko
Seller's Agent
Trevor Benn
Forward Realty
Buyer's Agent
Angela Brenna
Locations LLC
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Jun 30, 2009
Sold by
Siegel Marsha
Bought by
Outrigger Hotels Hawaii
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pak Sinyoung -- Tge
Geng Jie $315,000 Fidelity National Title & Es
Geng Jie $315,000 Fidelity National Title & Es
Tanabe Chikao $300,000 Premier Title
Miyabe Yumiko $175,000 Tg
Miyabe Yumiko $175,000 Tg
Outrigger Hotels Hawaii $168,800 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2023 05/27/23 Off Market $405,000 -- --
05/26/2023 05/26/23 Sold $405,000 0.0% $1,294 / Sq Ft
04/14/2023 04/14/23 Price Changed $405,000 -2.4% $1,294 / Sq Ft
03/24/2023 03/24/23 For Sale $415,000 +31.7% $1,326 / Sq Ft
03/31/2020 03/31/20 Sold $315,000 -3.1% $1,006 / Sq Ft View Prior Sale
03/01/2020 03/01/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $325,000 +8.3% $1,038 / Sq Ft
06/14/2018 06/14/18 Sold $300,000 -3.2% $958 / Sq Ft View Prior Sale
05/15/2018 05/15/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $310,000 +77.1% $990 / Sq Ft
06/08/2012 06/08/12 Sold $175,000 -5.4% $559 / Sq Ft View Prior Sale
05/09/2012 05/09/12 Pending -- -- --
07/05/2011 07/05/11 For Sale $185,000 -- $591 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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
2025 $5,830 $419,100 $86,900 $332,200
2024 $5,830 $406,000 $91,700 $314,300
2023 $5,426 $378,600 $88,800 $289,800
2022 $4,504 $314,100 $86,900 $227,200
2021 $4,309 $301,000 $86,900 $214,100
2020 $4,644 $324,200 $93,100 $231,100
2019 $3,746 $318,900 $77,600 $241,300
2018 $3,746 $290,400 $67,200 $223,200
2017 $946 $270,200 $51,700 $218,500
2016 $3,461 $258,000 $42,400 $215,600
2015 $879 $251,100 $36,200 $214,900
2014 $2,658 $253,500 $28,400 $225,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202306532

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-006-002-0083

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