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Condo sold for $280,000 in 24 days

Pacific Monarch #2701 2427 Kuhio Ave #2701, Honolulu, HI, 96815

Neighborhood: Waikiki

Off the market 1 bath 360 sqft

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Rarely available High floor "01" studio has a wide floor plan on the Diamond Head side, with ocean and mountain views. Resort Hotel Zoned for LEGAL SHORT-TERM RENTALS. This unit is fully furnished and maintained under the Hotel pool with a very high occupancy rate. Private management is also possible. The sliding glass doors expand your view. Located in the heart of Waikiki just 2 blocks from Waikiki Beach. Don’t miss this prime opportunity.
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Details of Pacific Monarch #2701

360 sqft interior area
Property type
Condo
Interior area
360 sqft
Open Lanai area
58 sqft
View
City, Ocean
Price per sqft
$777/sqft
Address
2427 Kuhio Ave #2701, Honolulu, HI, 96815
City of Hawaii
Honolulu
Island
Oahu
Condo building
Pacific Monarch
Year Built
1980
Sold price
$280,000
HOA dues
$672
Total Monthly fees
$672
Total area
418 sqft
Floor Number
27
Land tenure
LH - Leasehold
Lease renegotiation date
2024-04-27
Lease expiration
2054-04-27
Monthly lease payment
$159
Neighborhood
Waikiki
District
Honolulu
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Open Houses

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Interior Features

Ceramic Tile, W/W Carpet floors
Baths
1
Floors
Ceramic Tile, W/W Carpet
Furnished
Full
Property Condition
Above Average
Other Fee Includes
Cable TV,Electricity,Hot Water,Internet Service,Other Common Expenses,Sewer,Water
Occupancy
Hotel Rental Pool
Garage & Parking
None
Unit features
Odd# Unit
Inclusions
AC Window Unit, Cable TV, Disposal, Drapes, Kitchenware, Microwave Hood, Refrigerator, Smoke Detector

Listed by

Shoichi Bando, Kaina Hale Hawaii Realty Inc.
(808) 600-8484
Name
Shoichi Bando
License number
RB-23677
Brokerage company
Kaina Hale Hawaii Realty Inc.
(808) 600-8484
MLS #
202218919

Buyer agent

Name
Jayden Summers
Brokerage company
Hawaii Ocean Club Realty Group
(808) 688-7538

Payment calculator

Calculate your monthly payments
Mortgage
$860
Taxes
$434
HOA dues
$1,503
$2,797 per month
Mortgage
$56,000 / 20%
2.28%
30 years
Your amount $860 / month

Exterior Features

Concrete construction
Construction
Concrete

Lot details

TMK #1260230560171
Parcel nr.
1260230560171

Waikiki neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in Waikiki

30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 45 years
More info

Commute types

65% commute by car
More info

Education level

27% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

48% have 1 vehicle
More info

Vehicles by gender

48% have 1 vehicle
More info

Housing market insights for Pacific Monarch #2701

$817.98k
Neighborhood average
sales price*
$550k
Neighborhood median
sales price*
1195
Number
of sales*
$590k
Median sale price Pacific Monarch*

Housing type

60% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
15 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Pacific Monarch building info

Pacific Monarch
BBQ
Recreation Room
Sauna
Security Guard
Trash Chute
Community Laundry
Also features:
condo association pool, fire sprinkler, patio/deck, restaurant, whirlpool

Other details

Security
Card, Security Patrol, Video
Style
Condotel, High-Rise 7+ Stories
Construction
Concrete
Owner occupancy percentage
20

Schools

15 schools with rating up to 7
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.359mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.482mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.547mi
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.359mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.482mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.547mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.576mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.621mi
School rating Distance
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.482mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.547mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.576mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.047mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
1.179mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.547mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.576mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.822mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
1.047mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
1.179mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Sep 27, 2022

Pacific Monarch Median sales price 2024

Bedrooms Med. price % of listings
Not specified $535k 33.33%
1 bed $810k 66.67%
Date Event Price $/sqft Source
Sep 27, 2022 Sold $280,000 777.78 Public Record
Sep 27, 2022 Price Increase $280,000 +1.82% 777.78 MLS #202218919
Sep 12, 2022 Pending $275,000 763.89 MLS #202218919
Sep 8, 2022 New Listing $275,000 763.89 MLS #202218919

Taxes of 2427 Kuhio Ave #2701, Honolulu, HI, 96815

X6 - Resort Mixed Use Precinct zoning / MLS #202218919
Current Property Taxes p/month
$433
Assessed Improvement value
$274,500
Assessed Land value
$88,500
Land Recorded
Regular System
Zoning
X6 - Resort Mixed Use Precinct
Flood Zone
Zone AE
Lease renegotiation date
2024-04-27
Lease expiration
2054-04-27
Monthly lease payment
$159
Total Assessed value
$363,000

Tax History

Year Taxes Source
2022 $5,205 MLS #202218919
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 2427 Kuhio Ave #2701, Honolulu, HI, 96815

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Open floorplan
Needs Work
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Frequently Asked Questions about Pacific Monarch #2701

What is Pacific Monarch #2701?

2427 Kuhio Ave #2701, Honolulu, HI, 96815 in the Pacific Monarch condominium building. This is a 1 bathroom condo in the Waikiki neighborhood. This apartment has 360 sqft interior space. This condo is located on floor number 27 with unit number 2701. It is located in the city of Honolulu, Hawaii.

Does this condo have views?

This condo has City, Ocean views.

Which year was this condo built?

This condo was build in 1980.

Which year was this property last sold?

This property was sold in 2022.

What is the full address of this Condo?

2427 Kuhio Ave #2701, Honolulu, HI, 96815.

Are grocery stores nearby?

The closest grocery stores are Food Pantry, 0.14 miles away and Dukes Lane Market & Eatery, 0.27 miles away.

What is the neighborhood like?

The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 45.02 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Kaina Hale Hawaii Realty Inc..
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Sep 27, 2022
Verhouse Last checked 1 minute ago

2427 Kuhio Ave #2701, Honolulu, HI, 96815 in the Pacific Monarch condominium building. This is a 1 bathroom condo in the Waikiki neighborhood. This apartment has 360 sqft interior space with City,Ocean views. This condo is located on floor number 27 with unit number 2701. It is located in the city of Honolulu, Hawaii.
The closest grocery stores are Food Pantry, 0.14 miles away and Dukes Lane Market & Eatery, 0.27 miles away.
The Waikiki neighborhood has a population of 364,089, and 30% of the families have children. The median age is 45.02 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Condo Sold $280k 2427 Kuhio Ave #2701, Honolulu, HI, 96815 1 baths / 360 sqft Save House Remove from Saved