Address
2029 Ala Wai Boulevard, Unit 403 Honolulu, HI
Price
$ 223,500
Property Attributes
  • MLS#202018834
  • TypeCondos
  • CountyOAHU
  • CityHonolulu
  • AreaMetro
  • NeighborhoodWAIKIKI
  • Zip96815
  • StyleHigh-Rise 7+ Stories
  • Year Built1971
  • Taxes102
  • Price$ 223,500
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage896
  • Lot Size9,932 SqFt
Listing Provided Courtesy Of:
Coldwell Banker Realty
Property Description

First time EVER available at Ala Wai Mansion and possibly the only time selling! Here's your chance to purchase the lease-fee interest in a building! This is for the LAND ONLY underneath the building. As an owner of the lease-fee interest you receive monthly lease-rent payments, a step-up every 10 years (increasing 2021), and the actual condo unit at the end of the leasehold terms in 2051! Leasehold owner pays ownership costs: maintenance, real property tax, and homeowner's insurance. Showroom example (Unit #703) available by appointment ONLY, Sunday 2-5 PM, 8/9 & 8/16. Do NOT go on property otherwise. Prospectus sheet for additional information available by request.

Price History
8/5/2020 Listed $223,500

General Features

Amenities None
Building Name Ala Wai Mansion
Floor Number 4
Flooring Other
Land Tenure FS - Fee Simple
Maintenance Expense 1020.00
Property Condition Average
TMK Area 126
TMK Condo Property Regime Number 9011
TMK Division 1
TMK Parcel 9
TMK Plat 15
TMK Section 6
TMK Zone 2
Terms Offered Cash
View None

Interior Features

Unit Features Single Level

Exterior Features

Inclusions None
Lot Size Area 9932.00
Parking Features Assigned
Parking Total 1
Sqft Lanai Open 290
Street Number 2029
Style High-Rise 7+ Stories

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 96815

Price
AVG $770K
$220K
Visits
AVG 23
14
Year Built
AVG 1981
1971

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