Description
LEGAL SHORT-TERM RENTAL- See supplement letter from DPP stating the Hawaiian King is a "nonconforming hotel" and EXEMPT FROM STR PERMIT (only unit to receive a letter, no other owners appealed or hired attorney to fight). Hawaiian King with it's 1950's art-deco style is a unique property for sure. Great opportunity to have a rental property with a full kitchen, nice pool and on-site laundry making a great investment property or place to call home. Shower pipes & fixtures were just replaced. MF includes water, sewer, cable, on-site manager, and common area maintenance; other fee is the electric monthly average which varies with usage and billed quarterly. Located in the heart of Waikiki with shopping, dining & beaches all within walking distance and easy access to public transportation (note no parking on property). Lease Rent to 2036; lessor approval / consent required. Buyer will need to submit application packet with $500 fee and buyer's financials to Queen Emma within 10 days of acceptance in order to receive Lessor approval and consent prior to closing; additionally Queen Emma requires 6 months of Lease Rent reserves upfront.
-
1BEDS
-
0.36ACRES
-
1BATHS
-
01/2 BATHS
-
558SQFT
-
$177$/SQFT
School Information
Description
LEGAL SHORT-TERM RENTAL- See supplement letter from DPP stating the Hawaiian King is a "nonconforming hotel" and EXEMPT FROM STR PERMIT (only unit to receive a letter, no other owners appealed or hired attorney to fight). Hawaiian King with it's 1950's art-deco style is a unique property for sure. Great opportunity to have a rental property with a full kitchen, nice pool and on-site laundry making a great investment property or place to call home. Shower pipes & fixtures were just replaced. MF includes water, sewer, cable, on-site manager, and common area maintenance; other fee is the electric monthly average which varies with usage and billed quarterly. Located in the heart of Waikiki with shopping, dining & beaches all within walking distance and easy access to public transportation (note no parking on property). Lease Rent to 2036; lessor approval / consent required. Buyer will need to submit application packet with $500 fee and buyer's financials to Queen Emma within 10 days of acceptance in order to receive Lessor approval and consent prior to closing; additionally Queen Emma requires 6 months of Lease Rent reserves upfront.
© 2024 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 Hawaii Dream Homes.
Licensed in the State of Hawaii, USA.