Studio condo for sale

Overview

LEGAL SHORT-TERM RENTAL (NONCONFORMING HOTEL EXEMPTED FROM STR PERMIT) - Hawaiian King with it's 1950's art deco style offers a great opportunity to have a short-term rental property with a renovated, full kitchen, nice pool and on site laundry making a great investment property or place to call home. Property sold with furnishings and is currently rented through 3-28-2024. Located in the heart of Waikiki with shopping, dining and beaches all within walking distance and easy access to public transportation (no parking on property). 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. Lease Rent through 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 to be paid by buyer with escrow closing.