440 Olohana Street Unit 1703 Honolulu, HI 96815

Listing
Overview

Price: $430,000
Area: WAIKIKI
Status: Active

If you're looking for a solid investment property in one of the world's most coveted tourist destinations, this one may be for you! Welcome to Royal Garden #1703! This building is known locally as one of the best-kept-secret legal vacation rental buildings in Waikiki at this price point. With other similar buildings needing constant maintenance and upkeep, the Royal Garden at Waikiki is extremely well maintained and stands apart due to it's opulent design and luxury finishes throughout. The building was built in 1977, but feels much newer due to the lobby and amenity areas that are wrapped in marble and feel like a perfect balance between Hawaii and Italy. Owner's use these details as a way to attract short-term rental guests at higher than average rates compared to other buildings in this price range. What's even better is that you can have the added bonus of depreciating this investment property over the course of 27.5 years for an estimated annual deduction of approximately $12,000 which will help to offset any income received. Amenities at this building are abundant with an outdoor pool, community laundry, and much more! Schedule your showing or reach out for more info today! Listing by: Paradise Real Estate Brokers (808) 277-0869

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  • Full Baths: 1
  • Living (sf): 406
  • Year Built: 1977
  • Building Name: Royal Garden At Waikiki

  • Property Condition: Excellent
  • View: City,Sunrise
  • Listing Office: Paradise Real Estate Brokers

  • Maintenance Fees: $663
  • Land Tenure: FS - Fee Simple

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on January 15, 2025 - 8:58 AM Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
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