ParkingNone, Garage, Guest, Other, Secured Entry, Street
Year Built1984
CoolingCentral Air
ViewGarden
MLS #202400403
StatusActive
About 300 Wai Nani Way Apt Ii2412
Amazing investment opportunity! This property is not for owner occupants. Owner is selling only the FEE INTEREST. The leasehold interest is owned by a Japanese corporation that consistently pays the current annual lease rent of $10,817 on time. There will be two more lease rent renegotiations, in 2024 and 2034, before the lease expires 10/31/2039. At lease expiration the fee owner will then own the fee simple interest in this 2-bedroom 2-bath unit and can move in, rent, or sell the unit. Recent fee simple 2-bedroom 2-bath units in this community sold between $615,000 and $632,000, and recent rentals have been $3,000 to $3,500 monthly. Great potential for increased lease rent and appreciation in the remaining 15 years of the lease! During those 15 years the fee owner doesn't have to worry about finding tenants or paying for repairs, maintenance/association fees, property taxes, or any assessments because the leasehold owner is responsible for those expenses. There is no access to see the interior of the unit - leasehold owner has no obligation to provide access. The purchase of this unit will need to be cash or high down payment financing.
Property Details
Property Features
Property Information:
Architectural Style: High-Rise 7+ Stories
Year Built: 1984
Living Area: 944 SqFt
Listing Office:
Office Name: Compass
Office Phone: (808) 825-4277
Agent Phone: (808) 222-4054
Interior Features
Interior Information:
Appliances: Dishwasher, Range, Oven, Refrigerator
Flooring Type: Other
Interior: Cable, Smoke Detector
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
View: Garden
Parking Information:
Parking: None, Garage, Guest, Other, Secured Entry, Street
Utilities
Utilities Information:
Cooling: Central Air
School Info
Assigned Schools Information:
Kaimuki High School, Public District Grades 9-12
Anuenue School, Public District Grades PK-12
President George Washington Middle School, Public District Grades 6-8
President Thomas Jefferson Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $450,000
Price Per SqFt: $477/SqFt
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Housing Market Comparison
See how this home compares to others in Honolulu, HI.
This property is $197K less than the Median Sold Price and $224/SqFt less than other homes in Honolulu, HI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #202400403
Listing Office:
Office Name: Compass
Office Phone: (808) 825-4277
Agent Phone: (808) 222-4054
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.
Some of the active listings appearing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 8:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
President Thomas Jefferson Elementary School
324 Kapahulu Ave
Distance between this listing and this school0.11 miles
Public District Grades PK-5
Middle School
5
/10
President George Washington Middle School
1633 S King St
Distance between this listing and this school1.74 miles
Public District Grades 6-8
High School
2
/10
Kaimuki High School
2705 Kaimuki Ave
Distance between this listing and this school0.80 miles
Public District Grades 9-12
6
/10
Anuenue School
2528 10th Ave
Distance between this listing and this school2.78 miles
Public District Grades PK-12
Assigned Schools
6
/10
President Thomas Jefferson Elementary School
324 Kapahulu Ave
Distance between this listing and this school0.11 miles
Public District Grades PK-5
Nearby Schools
9
/10
Waikiki Elementary School
3710 Leahi Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-6
4
/10
Ala Wai Elementary School
503 Kamoku St
Distance between this listing and this school0.83 miles
Public District Grades PK-5
Assigned Schools
5
/10
President George Washington Middle School
1633 S King St
Distance between this listing and this school1.74 miles
Public District Grades 6-8
Nearby Schools
9
/10
Kaimuki Middle School
631 18th Ave
Distance between this listing and this school1.58 miles
Public District Grades 6-8
5
/10
School For Examining Essential Questions of Sustai
845 22nd Ave
Distance between this listing and this school1.80 miles
Public Charter Grades 6-7
Assigned Schools
2
/10
Kaimuki High School
2705 Kaimuki Ave
Distance between this listing and this school0.80 miles
Public District Grades 9-12
6
/10
Anuenue School
2528 10th Ave
Distance between this listing and this school2.78 miles
Public District Grades PK-12
Nearby Schools
7
/10
University Lab School
1776 University Ave
Distance between this listing and this school1.63 miles
The neighbors living near this home have an average income of $48,580. Residents of Honolulu, HI typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 300 Wai Nani Way Apt Ii2412
What is the listing price of this property?
The listing price of 300 Wai Nani Way Apt Ii2412 property is $450,000.
What type of property is this?
The property 300 Wai Nani Way Apt Ii2412 is a condo located in Honolulu, Hawaii, 96815.
Is this property for sale now?
Active Listing: 300 Wai Nani Way Apt Ii2412 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 300 Wai Nani Way Apt Ii2412 are: President Thomas Jefferson Elementary School: GreatSchools Rating 6/10President George Washington Middle School: GreatSchools Rating 5/10Kaimuki High School: GreatSchools Rating 2/10Anuenue School: GreatSchools Rating 6/10
How many bedrooms and bathrooms does this property have?
The property at 300 Wai Nani Way Apt Ii2412 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 300 Wai Nani Way Apt Ii2412 is 944 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 300 Wai Nani Way Apt Ii2412 is 1984.
This home is located at 300 Wai Nani Way Apt Ii2412 in Honolulu, HI and zip code 96815 in the Waikiki neighborhood. This 944 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $450,000.
While more than 52 listings in Honolulu, HI in March 2024 were sold above asking price, there were more than 48 listings sold at asking price, and more than 133 were sold below. The inventory of homes for sale in Honolulu, HI between February 2024 and March 2024 increased by 11.8%.
From Rocket Homes Real Estate and based on county public records data.