$420,000
SOLD APR 14, 2025

440 Olohana St Unit 1803 Honolulu, HI 96815

Waikiki Neighborhood
-- Bed
1 Bath
376 Sq Ft
1977 Built

Recently Sold

$1,117 Per Sq Ft

2% Below List Price

53 Days on Market

Highlights

  • Ocean View
  • Marble Flooring
  • Sauna
  • Fitness Center
  • Main Floor Bedroom
  • 3-minute walk to Waikiki Gateway Park

About This Home

As of April 2025

LEGAL VACATION RENTAL! Here's your Opportunity to own a beautifully refurbished legal short-term rental in the heart of Waikiki. Thus stunning condotel unit is the ideal place for tropical getaways and a potentially lucrative investment property with tremendous short-term rental potential. One of the most attractive features of this property is that the building management doesn't charge any additional fees for short-term rentals, allowing you to maximize your rental income. The unit has previously undergone a renovation, boasting stylish new flooring, renovated bathrooms, sleek countertops, and high-end marble finishes that set it apart from your average condotel along with high-end style furnishings. As you step inside, you'll be impressed by the elegance and attention to detail that rivals a 5-star hotel. The property offers a range of amenities, including a refreshing pool, very private green spaces and BBQ Areas, a well-equipped gym, and on-site laundry facilities, providing the perfect blend of relaxation and convenience for you and your guests. The location is second to none, walking distance to restaurants, luxury brand stores, lush parks, and the famous beach of Waikiki.

Last Agent to Sell the Property

Jerry Adamany

Keller Williams Honolulu Brokerage Phone: (808) 596-2888 License #RS-79884 Listed on: 02/20/2025

Keller Williams Honolulu

Last Buyer's Agent

George Guo

EProperties License #RS-86925

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,333

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • Property is in excellent condition

Property Views

  • Ocean
  • City
  • Canal
  • Mountain

Home Design

  • Entry on the 18th floor
  • Steel Frame
  • Masonry
  • Stucco

Interior Spaces

  • 376 Sq Ft Home
  • Furniture Can Be Negotiated
  • Closed Circuit Camera

Flooring

  • Laminate
  • Marble

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-016-039-0143

Community Details

Overview

  • Association fees include cable TV, hot water, internet, sewer, water
  • High-Rise Condominium
  • Royal Garden At Waikiki Condos
  • Waikiki Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Sauna
  • Trash Chute
  • Meeting Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,333

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Architectural Style: High Rise
  • Building Name: Royal Garden at Waikiki
  • Inclusions: AC Split,Blinds,Cable TV,Microwave,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1977
  • Attribution Contact: (808) 596-2888
  • CommunityFeatures: Barbecue, Community Pool, Conference/Meeting Room, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Sauna, Trash Chute
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry, Fire Sprinkler System, Security Guard
  • Association Amenities: Management
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 18
  • Interior Features: Bedroom on Main Level
  • Living Area: 376.0
  • New Construction: No
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Flooring: Laminate, Marble
  • Furnished: Negotiable
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Double Wall, Masonry, Concrete, Steel Frame, Stucco
  • Property Condition: Excellent, Updated/Remodeled
  • View: Canal, City, Mountain(s), Ocean, Sunset
  • View: Yes
  • Disclosures: None

Garage/Parking

  • Parking Features: None

Fee Information

  • Association Fee Includes: Cable TV, Hot Water, Internet, None, Sewer, Water

Lot Info

  • Parcel Number: 1-2-6-016-039-0143
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 727.47

Tax Info

  • Tax Annual Amount: 5333.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Apr 8, 2025
Sold by
Brooks-Oatman Family Trust and Brooks Paul A
Bought by
Lao And Lu 2023 Revocable Family Trust and Lao
Seller's Agent
Jerry Adamany
Keller Williams Honolulu
Buyer's Agent
George Guo
EProperties
List Price
$428,500
Sold Price
$420,000
Premium/Discount to List
-$8,500
-1.98%
Views
9
Current Estimated Value
$411,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,749
Avg. Annual Appreciation
-2.62%

Purchase Details

Closed on
Mar 25, 2020
Sold by
Brooks Paul Austin and Oatman Kerry Renee
Bought by
Brooks Paul Austin and Oatman Kerry Renee

Purchase Details

Closed on
Jun 20, 2008
Sold by
Cua Jacinto L
Bought by
Brooks Paul Austin and Oatman Kerry Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 2005
Sold by
Beach Capital Inc
Bought by
Cua Jacinto L and Jacinto L Cua Jr Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $220,000 Itc
Deed $194,500 Itc
Deed $194,500 Itc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $154,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2025 04/14/25 Sold $420,000 -2.0% $1,117 / Sq Ft
02/20/2025 02/20/25 For Sale $428,500 -- $1,140 / 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 $5,560 $435,400 $100,500 $334,900
2024 $5,560 $395,200 $106,100 $289,100
2023 $5,525 $393,000 $102,700 $290,300
2022 $3,961 $281,700 $100,500 $181,200
2021 $4,174 $297,000 $100,500 $196,500
2020 $4,554 $324,000 $100,500 $223,500
2019 $3,901 $317,300 $83,800 $233,500
2018 $3,901 $302,400 $72,600 $229,800
2017 $1,016 $290,200 $55,800 $234,400
2016 $3,211 $245,400 $45,800 $199,600
2015 $823 $235,200 $39,100 $196,100
2014 $2,120 $208,000 $30,700 $177,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202505235

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-016-039-0143