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    2029 Ala Wai Boulevard , #604

    Honolulu, HI 96815
    • $223,500
    • STATUS: Active
    • ON SITE: 46 days
    • MLS #: 202018844
    UPDATED: 19 min ago
    $223,500
    • 2
      BEDS
    • 0.23
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,186
      SQFT
    • $188
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    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.

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    © 2020 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Lally | Keller Williams.

    Licensed in the State of Hawaii, USA.
    www.besthawaiirealestatesearch.com/homes/108590457
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    2029 Ala Wai Boulevard , #604 Honolulu, HI 96815

    • Price: $223,500
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 202018844
    2
    Beds
    2
    Baths
    0
    ½ Baths
    0.23
    Acres
    1,186
    SQFT
    $188
    $/SQFT
    1971
    Built
    Neighborhood:
    Waikiki
    County:
    Oahu
    Area:
    Metro
    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.
    Exterior Features

    Construction Materials Concrete Floor Number 6 Parking Assigned Sq Ft Lanai Open 290 Style High-Rise 7+ Stories View None

    Interior Features

    Elevators 1 Floors Other Inclusions None Sq Ft Roofed Living 896 Unit Features Single Level

    Property Features

    Amenities None Assessed Value Improvements 86100.00 Assessed Value Land 412100.00 Assessed Value Total 498200.00 Association Fee Total 1020 Building Name Ala Wai Mansion Current Monthly Lease Or Rent 253.00 Disclosures Call Listor Flood Zone Zone Ao Foreclosure YN No Fractional Ownership YN No Land Recorded Land Court Land Tenure Fs - Fee Simple Lease Expires 2050-12-31 Lease Until Year 2050 Listing Financing Cash Maintenance Fees 1020.00 Management Company Hawaiiana New Construction No Possession At Closing Property Condition Average Special Sale Conditions None Tax Amount 145.31 Tax Paid By Seller 0 Tax Year 2020 Zoning X2 - Apartment Precinct

    Listings provided courtesy of Coldwell Banker Realty.
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2020-09-21T07:58:36.81. Information is deemed reliable but not guaranteed. Copyright: 2020 by HiCentral MLS, Ltd.


    © 2020 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Lally | Keller Williams.

    Licensed in the State of Hawaii, USA.
     
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    Team Lally | Keller Williams
    725 Kapiolani Blvd., Suite C-302
    Honolulu HI, 96813