Could You Live THIS CLOSE to Waikiki Beach?! (Only $380,000)
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- เผยแพร่เมื่อ 5 ก.พ. 2025
- If you are looking for a great value buy in Waikiki only 3 blocks from the beach, you're going to love this video!
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222 Kaiulani Ave #202, Waikiki: www.paradisebr...
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DISCLAIMER: All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording.
Update: condo is now rented out to long-term tenants so this may be a good option for investor buyers looking for cashflow and depreciation. Also, here are a few details I missed in the video! (Sorry! I'll make sure to highlight these in the next one)
HOA Fee: $1,013/month
Property Tax: $100/month
Parking: None
Average Parking Rental Rate for the Area: $200-300/month
Property Type: Fee Simple
Estimated Annual Tax Depreciation Deduction: $9,250
Rental Income (as of Dec. 1, 2024): $3,150/month
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I love this place. It would be so perfect! It’s -32 Celsius which is -26 Fahrenheit soooo brrrrrrrrr. I may not be living the dream, but at least I can binge watch all your Hawaii content😊
For a condo which doesn't have things like a gym, pool, or community areas that's a pretty hefty HOA fee. Glad I own a home even if it is way out in Royal Kunia. You can have that condo I'll have my home.
Yeah I'm more of a home guy myself too, this one is more for someone who wants to be in the middle of the action. But yeah, HOA is definitely high, seems like all HOAs have been on the rise the last few years because of rising insurance rates and inflation.
Would be great to know the HOA fees for that condo and what a typical parking cost is per month in the area. Thx!
HOA fees for this unit are $1,013/mo. A bit higher after insurance rates spiked after the Lahaina fire, so hoping those come back down in the coming years. A typical parking spot in Waikiki usually goes for around $200-300/month.
@@hawaiisrealtor Thank you very much for the detailed info, really helps out! We'll be in contact when we're ready!
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Just shows you can refresh an older unit to make it really nice.
Price seems good but no parking is a bummer
Is this condo a leasehold? I've called on a lot of lower priced condos and they're all leasehold. I'd love to live right there along the ocean in Waikiki! 🌺
@@sonyas7422 Believe it or not, it's fee simple. I know the no parking is an issue for some and the HOA fees are on the higher side, but for someone who wants a newly renovated space for under $400k in Waikiki, this one is a no brainer.
Would you like more info about this property?