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Liliuokalani Gardens condo # Apt II2412, Honolulu, Hawaii - photo 2 of 13
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300 Wai Nani Way unit Apt II2412, Honolulu, HI, 96815
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Liliuokalani Gardens unit Apt II2412, Waikiki condo

$450,000 Condo for sale 2 beds 2 baths 944 sqft Neighborhood:  Waikiki
3 min walk to Ala Wai Golf Course
7 min walk to Waikiki Beach
8 min walk to Ala Wai Golf Course
8 min walk to The Wall
7 min walk to Graveyards
About lifestyles
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.
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Condo details

944 sqft interior area
  • Condo building Liliuokalani Gardens
  • Year Built 1984
  • Original list price $450,000
  • Days on market 342
  • Price per sqft $477/sqft
  • Baths 2
  • Beds 2
  • Address

    300 Wai Nani Way unit Apt II2412, Honolulu, HI, 96815

  • Total area 944 sqft
  • Interior area 944 sqft
  • Floor Number 18
  • Occupancy Tenant
  • Inclusions AC Central, Cable TV, Dishwasher, Range/Oven, Refrigerator, Smoke Detector
  • Neighborhood Waikiki
  • Land area 119,659 sqft / 2.747 acres
  • City of Oahu Honolulu
  • Floors Other
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Lease renegotiation date Nov 1, 2024
  • Lease expiration 2039-10-31
  • Monthly lease payment $901
  • View Garden, Marina/Canal

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$2,295
Taxes
$0
HOA dues
$901
$3,196 per month
Mortgage
Down payment
$90,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $2,295 / month

Neighborhood: Waikiki

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
13.33 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Building: Liliuokalani Gardens

Above Ground, Concrete construction
Property type
High-Rise 7+ Stories
Security
Key, Keyed Elevator, Security Patrol, Video
Management Company
Touchstone
Construction
Above Ground, Concrete
Owner occupancy %
28

Building community amenities and features

Furnished
Partial
Property Condition
Excellent
Other Fee Includes
AC Central,Cable TV,Hot Water,Internet Service,Sewer,Water,None
Parking
None, Garage, Guest, Other, Secured Entry, Street
Amenities
BBQ, Club House, Community Laundry, Condo Association Pool, Fire Sprinkler, Meeting Room, Pool on Property, Recreation Area, Resident Manager, Security Guard, Tennis Court, Trash Chute, Walking/Jogging Path, Whirlpool
Unit features
Bedroom on 1st Level, Central AC, Even# Unit, Full Bath on 1st Floor, Single Level

Waikiki prices

Average price $1.06m
Neighborhood average sales price*
$1.06m
Neighborhood median sales price*
$1.05m
Number or sales*
9
Street median sales price*
$960k
*last 6 months

About Waikiki

Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more

Schools

15 schools with rating up to 8
School rating Distance
8
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.124mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.228mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
High School
0.284mi
School rating Distance
8
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.124mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.195mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.228mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.284mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.71mi
School rating Distance
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.228mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.284mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.71mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.986mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
1.071mi
School rating Distance
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.284mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.71mi
3
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.806mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.986mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.107mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Jan 15, 2024
Date Event Price $/sqft Source
Jan 15, 2024 New Listing $450,000 $476.69 MLS #202400403
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Tax & MLS details 300 Wai Nani Way unit Apt II2412, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202400403
Property Tax Year
2024
Assessed Improvement value
$516,300
Assessed Land value
$192,100
TMK
1-2-6-028-049-0370
Land Recorded
Land Court
Zoning
X2 - Apartment Precinct
Flood Zone
Zone AE
Lease renegotiation date
Nov 1, 2024
Lease expiration
2039-10-31
Monthly lease payment
$901
Total Assessed value
$708,400
Listed by
Compass
(808) 825-4277
MLS #
202400403
Hawaii House tour report for this condo
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 300 Wai Nani Way unit Apt II2412

What is 300 Wai Nani Way unit Apt II2412?

300 Wai Nani Way unit Apt II2412 is a condo in the Liliuokalani Gardens building located in Honolulu, HI. This is a 2 beds, 2 baths condo in the Waikiki neighborhood. This apartment has 944 sqft interior space with garden, marina/canal views. Unit #Apt II2412 is located on floor number 18 and the property condition is excellent.

When was this condo built and last sold?

This house was build in 1984.

What is the full address of this condo?

300 Wai Nani Way unit Apt II2412, Honolulu, HI, 96815.

Are there beaches near 300 Wai Nani Way unit Apt II2412?

The nearest beach is 0.310 miles away, called Waikiki Beach. It should take about 7 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Compass. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on January 19, 2024.
Hawaii House Last checked 1 minute ago.

300 Wai Nani Way unit Apt II2412 is a condo in the Liliuokalani Gardens building located in Honolulu, HI. This is a 2 bed, 2 bath condo in the Waikiki neighborhood. This apartment has 944 sqft interior space with  Garden, Marina/Canal views. Unit #Apt II2412 is located on floor number 18 and the property condition is excellent. The neighborhood is Waikiki and the full address is 300 Wai Nani Way unit Apt II2412, Honolulu, HI, 96815.

Condo for sale $450,000 300 Wai Nani Way unit Apt II2412, Honolulu, HI, 96815 2 beds | 2 baths | 944 sqft Save House Remove from Saved