Waikiki Condotel Studio Investment

Waikiki Condotel Studio Investment

Overview
Details
Virtual Tour
More Info
$98,000
Condominium
Main Features
1 Full Bathroom
Interior: 286 sqft
Year Built: 1975
MLS #: 202112095
Location
2450 Prince Edward Street
609A
Honolulu, HI 96815
USA
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Waikiki Condotel Turnkey Investment

Waikiki Condotel Turnkey Investment
Overview
Details
Virtual Tour
More Info
$85,000
Condominium
Main Features
1 Full Bathroom
1 Unit
Interior: 232 sqft
Year Built: 1975
MLS #: 202111994
Location
2450 Prince Edward St
208A
Honolulu, HI 96815
USA

Our recent listings

 

Subscribe to our listing feed

April 2021 Oahu Hawaii Housing Inventory Snapshot

The below table represents aggregated values based on MLS data as of April 30, 2021. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. The table does not provide the 30-day trends for the list price, sold price, days on market or available listings. If you are interested in a more detailed table with  trend percentages, click here to register to receive the monthly report via email.

Otherwise, the 30-day trend for the average list price for single family homes, condominiums/townhomes and luxury condominiums/townhomes remained relatively steady while luxury single family homes had a slight uptick. The 30-day trend for average sold price was slight a mix of upticks and downticks was up for all categories. Inventory wise, the actual trend was generally downwards for all categories.

Housing Inventory Snapshot  April 30, 2021 
Average List Price Average Sold Price Average DOM: active/sold listings Number of Listings
Honolulu County, HI
Click to Search Single Family under $1M [MLS Data Based on SFH] $1,342,655 $1,069,206 64 / 29 312
Click to Search Single Family over $1M [MLS Data Based on Luxury SFH] $7,201,174 $5,029,091 124 / 91 95
Click to Search Condo/Townhome under $500K [MLS Data Based on Condo/Townhome] $377,312 $437,552 106 / 40 899
Click to Search Condo/Townhome over $500K [MLS Data Based on Luxury Condo/Townhome] $2,166,547 $1,332,365 161 / 77 304
If you know someone who is considering buying or selling a home, please give me a call. While open houses are eliminated due to COVID-19 precautions, our digital marketing strategy and distributed print media ensures that your listing gets exposure. I provide professional and courteous service along with knowledgeable guidance through the process. If you want to know what your home is worth in the current market Click Here or for more personalized service contact me directly at 808-223-0429. 

Mortgage Bankers Association August 2021 Rate Forecast

Mortgage Finance Forecast for August 2021

Mortgage Bankers Association August 2021 Rate Forecast

Advancing Mortgage Forecast

Our last review of the Mortgage Finance Forecast occurred in January 2021 and suggested that the historically low mortgage rates of the past were behind us.  As we move into the second quarter of 2021, the forecast holds however our mortgage rates have fallen for a third consecutive week as of  April 22, 2021, and are currently below the rate from one year ago.  The forecast has rates averaging 3.4 percent by the end of June 2021 which means that the rates we are currently experiencing need to jump in order for the average to reach 3.4 percent.  Likewise by the end of 2021, the average rate is forecast to be 3.7 percent which means rates are expected to exceed 3.7 percent for some period of time before the end of 2021.

Historical Perspective

The mortgage rate graph depicts a steady decline during the past 40 years. The graph was from a housing and economic recovery webinar presentation prepared for the Hawaii Association of Realtors by Dr. Paul Brewbaker, a respected and renown local economist. Click Here if you would like to view a full recording of the webinar.

Stay Informed

Register on www.invest808.com  to receive the Housing Inventory Snapshot to follow the market trends.  The Housing Inventory Snapshot is also posted to our blog however in order to receive the monthly trends you must register on the website.

Check out how much your home is worth based on local home values in your neighborhood. Simply enter your address and see what is available in your neighborhood.

See available Just Listed Honolulu, Hawaii homes that are for sale right now.

VA Home Loans

So what do these rates mean if you are seeking a Veteran’s Assistance or VA home loan? VA home loan is a home loan guaranty program offered to Veterans, military service members and eligible surviving spouses. The rates one actually qualifies is based on several factors including the loan program, credit score and credit worthiness. The forecast rates are only intended to provide you with insight into what the market considers as the overall average rate for the given period. You must check with your financial institution to find out what rate you qualify and in some cases that rate may be lower than what you see forecast by Mortgage Bankers Association.

March 2021 Oahu Hawaii Housing Inventory Snapshot

The below table represents aggregated values based on MLS data as of March 28, 2021. Each inventory category includes a link providing the current Honolulu MLS listings for that particular category. The table does not provide the 30-day trends for the list price, sold price, days on market or available listings. If you are interested in a more detailed table with  trend percentages, click here to register to receive the monthly report via email.

Otherwise, the 30-day trend for the average list price for single family homes and luxury single family homes dropped while the condominium/townhome and luxury condominium/townhome prices rose. The 30-day trend for average list price and average days on market (DOM) was up for all categories. Inventory wise, the actual trend was generally upwards with the exception of the luxury condominium/townhome which fell slightly.

Housing Inventory Snapshot  March 28, 2021 
Average List Price Average Sold Price Average DOM: active/sold listings Number of Listings
Honolulu County, HI
Click to Search Single Family under $1M [MLS Data Based on SFH] $1,348,840 $1,110,459 65 / 34 327
Click to Search Single Family over $1M [MLS Data Based on Luxury SFH] $6,775,408 $4,908,773 122 / 152 99
Click to Search Condo/Townhome under $500K [MLS Data Based on Condo/Townhome] $374,752 $431,570 110 / 49 982
Click to Search Condo/Townhome over $500K [MLS Data Based on Luxury Condo/Townhome] $2,164,778 $1,359,714 153 / 57 332
If you know someone who is considering buying or selling a home, please give me a call. While open houses are eliminated due to COVID-19 precautions, our digital marketing strategy and distributed print media ensures that your listing gets exposure. I provide professional and courteous service along with knowledgeable guidance through the process. If you want to know what your home is worth in the current market Click Here or for more personalized service contact me directly at 808-223-0429. 

March 2021 Hawaii Featured Honolulu Real Estate For Sale

March 2021 Hawaii Featured Honolulu Real Estate For Sale

Aloha! Our advertisement for the March 2021 Estates & Homes publication featuring Honolulu real estate listings from Hawaii Dream Realty LLC.  Our company is proud to have partnered with Homes & Land to market properties for sale. Homes & Lands print media compliments our online sales and marketing provided through our own www.Invest808.com website in addition to Realtor.com, Trulia, Zillow, and other third party listing providers. Our listings can also be found on The Wall Street Journal real estate portal, The Washington Post real estate portal, The New York Times and The International Herald Tribune real estate portals as well as other established luxury lifestyle real estate portals.

Homes & Land is not just a magazine, it is a fully integrated marketing program including a printed magazine distributed locally and worldwide and online giving our listings increased local exposure beyond the Multiple Listing Services. With Homes & Land our listings get exposure with more than 2,700 targeted, quality publications mailed to Oahu homes; exposure through 101 street magazine boxes all over the island; direct distribution to industry professionals including mortgage companies, title companies, banks, coffee houses, airport lounges, golf courses, hotels, and real estate offices; and reaches over 200 MILLION unique visitors worldwide through Internet marketing campaigns and online syndication that target Asia, China, Korea, Europe, Japan, Canada and Latin America.

You can find our advertisements on the back cover in the current issue as well as past issues. Contact your Realtor if you have any questions about any of the properties appearing in any issue of the Estates & Homes publication.

Homes and Land Syndication

February 2021 Oahu Hawaii Housing Inventory Snapshot

Click on the inventory category to see current listings. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot  February 28, 2021 
Average List Price Average Sold Price Average DOM: active/sold listings Number of Listings
Honolulu County, HI
Click to Search Single Family under $1M [MLS Data Base on SFH] $1,454,863 $1,081,198 98 / 34 230
Click to Search Single Family over $1M [MLS Data Based on Luxury SFH] $6,963,325 $4,456,667 136 / 135 87
Click to Search Condo/Townhome under $500K [MLS Data based on Condo/Townhome] $341,056 $426,410 118 / 47 907
Click to Search Condo/Townhome over $500K [MLS Data Based on Luxury Condo/Townhome] $2,116,450 $1,349,152 160 / 78 337
If you know someone who is considering buying or selling a home, please give me a call. While open houses are eliminated due to COVID-19 precautions, our digital marketing strategy and distributed print media ensures that your listing gets exposure. I provide professional and courteous service along with knowledgeable guidance through the process. If you want to know what your home is worth in the current market Click Here or for more personalized service contact me directly at 808-223-0429. 

January 2021 Oahu Hawaii Housing Inventory Snapshot

Click on the inventory category to see current listings. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot  January 31, 2021 
Average List Price Average Sold Price Average DOM: active/sold listings Number of Listings
Honolulu County, HI
Click to Search Single Family under $1M [MLS Data Base on SFH] $1,255,759 $991,277 77 / 26 368
Click to Search Single Family over $1M [MLS Data Based on Luxury SFH] $6,037,785 $3,400,200 158 / 63 110
Click to Search Condo/Townhome under $500K [MLS Data based on Condo/Townhome] $365,944 $434,392 112 / 47 1,086
Click to Search Condo/Townhome over $500K [MLS Data Based on Luxury Condo/Townhome] $2,108,849 $1,203,567 164 / 71 367
If you know someone who is considering buying or selling a home, please give me a call. While open houses are eliminated due to COVID-19 precautions, our digital marketing strategy and distributed print media ensures that your listing gets exposure. I provide professional and courteous service along with knowledgeable guidance through the process. If you want to know what your home is worth in the current market Click Here or for more personalized service contact me directly at 808-223-0429. 

Desirable Kalia 1-Bedroom For Sale

$115,000, Honolulu, 1 Bed – Amazing secure private gated location close to white sandy beaches, restaurants, Ala Moana Shopping Center, and the Waikiki Marina Yacht Club. Clean fully furnished and newly remodeled bathroom. Beautifully landscaped grounds, walking path, salt water pool with large pool deck patio loaded with lounge chairs and umbrella tables, BBQs with picnic area to enjoy with family and friends. Large relaxing Hawaiian style lobby to enjoy the cool breezes. The Kalia is a leasehold co-op residence in the entrance of Waikiki and Kakaako offering a long lease until 2048.

Property picture $115,000

Condominium
1 Bedroom
1 Full Bathroom
1 Unit
Interior: 588 sqft
Year Built: 1958
MLS #: 202028795

More Information

Photos

Property photo  Property photo  Property photo  Property photo  Property photo  Property photo  Property photo  Property photo  Property photo  Property photo

Features

  • Condominium
  • Private Gated Location
  • Close to Ala Moana Shopping Center
  • Co-op Kalia Residence
  • Newly Remodeled Bathroom
  • Fully Furnished 1-Bedroom
  • Salt Water Pool
  • BBQ and Picnic Area
  • Beautiful Lobby and Landscaped Grounds
  • Leasehold Property
  • Lease Expiration 2048
  • Maintenance Fee includes Most Utilities

Interested? See more information or schedule showing

For more information, contact (808) 735-2221

Agent photo Theresa Harden (B)

Hawaii Dream Realty LLC
Phone:(808) 735-2221

 

Mortgage Bankers Association January 2021 Rate Forecast

Mortgage Finance Forecast Jan 2021 Mortgage Bankers Association January 2021 Rate ForecastAdvancing Mortgage Forecast

The January 2021 forecast suggests that the historically low mortgage rates of the past are truly behind us.  At the moment, the mortgage rates, albeit inflated slightly from the last quarter of 2020,  remain favorable with intentions to stimulate demand by prospective homebuyers.  The forecast of the later quarters of 2021 are each up one tenth of a point from the previous forecast while the rates continue to advance moving forward.

Historical Perspective

The mortgage rate graph depicts a steady decline during the past 40 years. The graph was from a housing and economic recovery webinar presentation prepared for the Hawaii Association of Realtors by Dr. Paul Brewbaker, a respected and renown local economist. Click Here if you would like to view a full recording of the webinar.

Stay Informed

Register on www.invest808.com  to receive the Housing Inventory Snapshot to follow the market trends.  The Housing Inventory Snapshot is also posted to our blog however in order to receive the monthly trends you must register on the website.

Check out how much your home is worth based on local home values in your neighborhood. Simply enter your address and see what is available in your neighborhood.

See available Just Listed Honolulu, Hawaii homes that are for sale right now.

VA Home Loans

So what do these rates mean if you are seeking a Veteran’s Assistance or VA home loan? VA home loan is a home loan guaranty program offered to Veterans, military service members and eligible surviving spouses. The rates one actually qualifies is based on several factors including the loan program, credit score and credit worthiness. The forecast rates are only intended to provide you with insight into what the market considers as the overall average rate for the given period. You must check with your financial institution to find out what rate you qualify and in some cases that rate may be lower than what you see forecast by Mortgage Bankers Association.

Oahu December 2020 Housing Inventory Snapshot

The Oahu December 2020 Housing Inventory Snapshot for single family homes and condominiums based on HiCentral MLS market data for Honolulu, Hawaii. Click on the inventory category to see current listings. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot  November 27, 2020
Average List Price Average Sold Price Average DOM: active/sold listings Number of Listings
Honolulu County, HI
Click to Search Single Family under $1M [MLS Data Base on SFH] $1,374,271 $1,034,945 105 / 33 354
Click to Search Single Family over $1M [MLS Data Based on Luxury SFH] $6,303,702 $3,759,250 136 / 71 109
Click to Search Condo/Townhome under $500K [MLS Data based on Condo/Townhome] $382,716 $443,997 122 / 49 1,208
Click to Search Condo/Townhome over $500K [MLS Data Based on Luxury Condo/Townhome] $2,108,907 $1,250,037 167 / 62 405
If you know someone who is considering buying or selling a home, please give me a call. Our digital marketing strategy and distributed print media ensures that your listing gets exposure. I provide professional and courteous service along with knowledgeable guidance through the process. If you want to know what your home is worth in the current market Click Here or for more personalized service contact me directly at 808-223-0429. 

Mortgage Bankers Association December 2020 Rate Forecast

Waning Mortgage Forecast

The December 2020 forecast is unchanged from past months as the waning effects of the pandemic persist on the mortgage market.  At the moment, the mortgage rates remain favorable with intentions to stimulate demand by prospective homebuyers. However demand has remained constrained due to the economic hardship brought on by the pandemic.  

If inventory remains low into early 2021, it’s possible that home prices will continue to go up. The median sales price for properties in November 2020, according to the Honolulu Board of Realtors, was $872,500 for a single family home. The number of single-family homes sold above the original asking price skyrocketed 210.2% compared to this time last year.

While there are some indicators of positivity, there are also potential negatives that could come into play. Unemployment numbers are still high, and another pandemic lockdowns throughout the winter could cause those numbers to rise.  Finally, while there are some unnerving indicators, the forecast shows that record-low mortgage rates will hold into the foreseeable future.

Historical Perspective

The mortgage rate graph depicts a steady decline during the past 40 years. The graph was from a housing and economic recovery webinar presentation prepared for the Hawaii Association of Realtors by Dr. Paul Brewbaker, a respected and renown local economist. Click Here if you would like to view a full recording of the webinar.

Stay Informed

Register on www.invest808.com  to receive the Housing Inventory Snapshot to follow the market trends.  The Housing Inventory Snapshot is also posted to our blog however in order to receive the monthly trends you must register on the website.

Check out how much your home is worth based on local home values in your neighborhood. Simply enter your address and see what is available in your neighborhood.

See available Just Listed Honolulu, Hawaii homes that are for sale right now.

VA Home Loans

So what do these rates mean if you are seeking a Veteran’s Assistance or VA home loan? VA home loan is a home loan guaranty program offered to Veterans, military service members and eligible surviving spouses. The rates one actually qualifies is based on several factors including the loan program, credit score and credit worthiness. The forecast rates are only intended to provide you with insight into what the market considers as the overall average rate for the given period. You must check with your financial institution to find out what rate you qualify and in some cases that rate may be lower than what you see forecast by Mortgage Bankers Association.

December 2020 Hawaii Featured Honolulu Real Estate For Sale

Aloha! Our advertisement for the December 2020 Estates & Homes publication featuring Honolulu real estate listings from Hawaii Dream Realty LLC.  Our company is proud to have partnered with Homes & Land to market properties for sale. Homes & Lands print media compliments our online sales and marketing provided through our own www.Invest808.com website in addition to Realtor.com, Trulia, Zillow, and other third party listing providers. In addition, our listings can be found on The Wall Street Journal real estate portal, The Washington Post real estate portal, The New York Times and The International Herald Tribune real estate portals as well as other established luxury lifestyle real estate portals.

Homes & Land is not just a magazine, it is a fully integrated marketing program including a printed magazine distributed locally and worldwide and online giving our listings increased local exposure beyond the Multiple Listing Services. With Homes & Land our listings get exposure with more than 2,700 targeted, quality publications mailed to Oahu homes; exposure through 101 street magazine boxes all over the island; direct distribution to industry professionals including mortgage companies, title companies, banks, coffee houses, airport lounges, golf courses, hotels, and real estate offices; and reaches over 200 MILLION unique visitors worldwide through Internet marketing campaigns and online syndication that target Asia, China, Korea, Europe, Japan, Canada and Latin America.

You can find our advertisements on the back cover in the current issue as well as past issues. Contact your Realtor if you have any questions about any of the properties appearing in any issue of the Estates & Homes publication.

Homes and Land Syndication

201 Ohua Avenue Waikiki Banyan Condo For Sale

201 OHUA AVENUE
HONOLULU HAWAII 96815
$750,000 | 1 BEDROOMS | 1 BATHROOMS | 1 PARKING | 533 SQUARE FEET | MLS: 202024831
201 Ohua Avenue Waikiki Banyan Condo For Sale - 1-bedroom suite
Stunning ocean, sunset and surfer views. Only 1 short block to World Famous Waikiki Beach. A great second home or vacation suite getaway. Sale includes a Non Conforming Use permit allowing legal daily short term vacation rentals. Waikiki Banyan maintenance fee includes all utilities. Unit is fully furnished and features a relaxing lanai to enjoy the surfers and boats sailing. Newer carpet, kitchen and bath cabinets, and freshly painted. Includes 1 garage parking space. Waikiki Banyan has amazing amenities on the 6th floor Recreation Deck loaded with lounge chairs, heated salt water pool, 2 Jacuzzis, sauna and showers, children’s play structure, BBQ picnic area, tennis and basketball courts. The buildings inviting Hawaiiana lobby includes a Koi waterfall pond, Coffee Shop, and convenient Mini Mart. Close to all Waikiki has to offer with shopping, entertainment, beach and ocean activities, Kapiolani Park, and the Waikiki Shell where out door concerts are held.

Honolulu

Honolulu, located on the island of Oahu, is the capital city of Hawaii, and is the major financial center for all the Hawaiian Islands. The city is comprised of many smaller communities including, world famous, Waikiki, where 201 Ohua Avenue is located. Nearly one third of the islands population resides in Honolulu, which offers a variety of housing options such as residential homes, town homes, and condominium complexes; many are used as rentals and or income investments. The metropolitan area experiences heavy traffic congestion, particularly during rush hours. The city is accessible by mass transit and major highways. Residents enjoy many options for entertainment, restaurants, museums, hospitals, and shopping.


CONTACT

  • Theresa Harden (R)
  • Hawaii Dream Realty LLC
  • P: (800) 768-1319
  • M: (808) 735-2221


FEATURES

  • Legal Daily Short Term Rental
  • Fully Furnished Waikiki Banyan
  • Ocean and Mountain Views
  • Includes 1 Garage Parking Space
  • Includes Non-conforming Use Permit
  • Heated Pool and 2 Jacuzzis
  • Tennis/Basketball Courts
  • 1-block to Waikiki Beach
View Property Details
201 Ohua Avenue Waikiki Banyan Condo For Sale - living area 201 Ohua Avenue Waikiki Banyan Condo For Sale - ocean view
201 Ohua Avenue Waikiki Banyan Condo For Sale - kitchen 201 Ohua Avenue Waikiki Banyan Condo For Sale - room
201 Ohua Avenue Waikiki Banyan Condo For Sale - pool 201 Ohua Avenue Waikiki Banyan Condo For Sale - Jacuzzis

CONTACT INFO
201 Ohua Avenue Waikiki Banyan Condo For Sale - Theresa Harden, PB201 Ohua Avenue Waikiki Banyan Condo For Sale - Hawaii Dream Realty LLC


Theresa Harden (R)
Hawaii Dream Realty LLC
P: (800) 768-1319
M: (808) 735-2221
License # RB-19373
2463 Kuhio Ave. C1
Honolulu, Hawaii 96815


ABOUT
Hawaii Dream Realty LLC has evolved since opening its doors as a real estate sales and marketing company in January 2007. Today the company operates as an independent real estate brokerage but with a specialization in sales, marketing, exchange and management of investment properties. The company has the expertise, tools and resources that enable our agents and Clients to prosper.Our office is located in the heart of Waikiki and we are your O’ahu Real Estate Connection providing award winning services in sales, marketing, and management of residential and commercial real estate on O’ahu.  We strive to achieve positive results in every step of the real estate process, and will treat you with professionalism and integrity.