$429,500

440 Olohana St Unit 2003 Honolulu, HI 96815

Waikiki Neighborhood

Estimated payment $2,860/month

Total Views 105
-- Bed
1 Bath
381 Sq Ft
$1,127 Price per Sq Ft

Highlights

  • Ocean View
  • Sauna
  • Meeting Room
  • Fitness Center
  • Community Pool
  • 3-minute walk to Waikiki Gateway Park

About This Home

LEGAL VACATION RENTAL PROPERTY! Here's your opportunity to own a beautifully refurbished legal short-term rental in the heart ofWaikiki. This stunning condotel unit is the ideal place for tropical getaways and a potentially lucrative investment property withtremendous 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 and the famous beach of Waikiki.

Listing Agent

Jerry Adamany

Keller Williams Honolulu Brokerage Phone: (808) 596-2888 License #RS-79884

Keller Williams Honolulu

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,617

Year Built

  • Built in 1977

Lot Details

  • Property is in excellent condition

Property Views

  • Ocean
  • City

Home Design

  • Steel Frame

Interior Spaces

  • 1 Full Bathroom
  • 381 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Closed Circuit Camera

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-016-039-0165

Community Details

Overview

  • Association fees include cable TV, hot water, internet, sewer, water
  • 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

$5,617

Year Built

Built in 1977

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: Active
  • Subdivision Name: WAIKIKI
  • Entry Level: 20
  • Interior Features: Bedroom on Main Level
  • Unit Levels: One
  • Living Area: 381.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Laminate, Marble
  • Furnished: Furnished
  • 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: 1031 Exchange

Garage/Parking

  • Parking Features: None

Fee Information

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

Lot Info

  • Parcel Number: 1-2-6-016-039-0165
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 736.54

Tax Info

  • Tax Annual Amount: 5616.96

Map

Range of Values:

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Average Value
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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 $5,617 $399,300 $107,400 $291,900
2023 $5,572 $396,300 $104,000 $292,300
2022 $4,003 $284,700 $101,800 $182,900
2021 $4,233 $301,200 $101,800 $199,400
2020 $4,615 $328,300 $101,800 $226,500
2019 $3,944 $321,600 $84,800 $236,800
2018 $3,944 $305,700 $73,500 $232,200
2017 $1,027 $293,400 $56,500 $236,900
2016 $3,264 $249,400 $46,400 $203,000
2015 $838 $239,400 $39,600 $199,800
2014 $2,163 $212,200 $31,100 $181,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 For Sale $429,500 -- $1,127 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $160,000 Het
Deed $194,000 --
Satisfaction Of Land Contract Or Release Satisfaction Of Agreement Of Sale Fee Property -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 Purchase Money Mortgage
Previous Owner $1,800,000 Unknown
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202507143

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-016-039-0165