Royal Garden At Waikiki

WAIKIKI

  • Unit #1703
  • $430,000
  • 376 sqft
  • 35 m²

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!

REMARKS

MLS No
202501813
Name
Royal Garden At Waikiki
Apartment Number
#1703
Price
$430,000 USD
Land Tenure
FS - Fee Simple
Maintenance Fee
$663.00 USD
Sqft Tsubo
Exclusive area (indoor) 376 35 10.6
Exclusive area (Lanai) 30 2.8 0.8
Exclusive area (total) 406 37.8 11.5
Unit price (per room area) 1,143.62 1,940,529 6,407,406

BASIC INFORMATION

Neighborhood
WAIKIKI
Zip Code
96815
Property Address
440 Olohana WAIKIKI
TMK (Tax Map Key)
1-2-6-16-39-132
Bedrooms
0
Bathrooms
1/0
Year Built
1977
Property Condition
Excellent
Parking
None
View
City,Sunrise
Inclusions
AC Split,Book Shelves,Cable TV,Drapes,Kitchenware,Linens,Microwave,Refrigerator,Smoke Detector
Property Style
Condotel,High-Rise 7+ Stories
Rooms and Descriptions
Odd# Unit,Single Level
Amenities
Community Laundry,Exercise Room,Fire Sprinkler,Meeting Room,Patio/Deck,Pool on Property,Private Yard,Recreation Area,Recreation Room,Sauna,Security Guard,Trash Chute,Wall/Fence

LOCATION

Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd., listings last updated on Wednesday, Jan, 15, 2025, 04:00 a.m. JST.Information is deemed reliable but not guaranteed.Copyright © 2019 by Hicentrral MLS, Ltd.**Listing courtesy of Paradise Real Estate Brokers. - (808) 277-0869 -**

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