2421 Tusitala Street, Unit 702

Honolulu, HI 96815

$318,998
Price
1
Beds
1
Bath
590 Sq. Ft.
$541 / Sq. Ft.
590
Sq. Ft.
$541
per Sq. Ft.

Description

When opportunity knocks... answer the call. Here is the perfect investment opportunity for off-island second homeowners or First Time Home Buyer. This cozy one-bedroom, one-bath condo is centrally located and conveniently situated near a brand-new grocery store and shopping center - right in the heart of Waikiki. The assessment (approx. $28,000) payoff at closing is negotiable. This property is a short-term rental powerhouse with a historically proven track record of bringing consistent rental income...When opportunity knocks... answer the call. Here is the perfect investment opportunity for off-island second homeowners or First Time Home Buyer. This cozy one-bedroom, one-bath condo is centrally located and conveniently situated near a brand-new grocery store and shopping center - right in the heart of Waikiki. The assessment (approx. $28,000) payoff at closing is negotiable. This property is a short-term rental powerhouse with a historically proven track record of bringing consistent rental income for 30-day minimum stays. Situated minutes from Waikiki Gold Coast, you're in the middle of the action. World-renowned Waikiki Beach is just minutes away; contemporary dining selection and robust shopping options await. Spacious lanai with an open-concept living area, semi-updated cabinets and clean countertops, and newer vinyl plank flooring completed the modern update. In-unit washer and dryer included. Whether you're a first-time buyer looking to buy your first home, a savvy CAP rate-driven investor, or just a part-time Hawaii resident seeking a second home to rent out for part of the year -- look no further, this is the right home for you. Pets allowed (verify).
  1. Listed by Hua-Wei Michael Chen • License #RB-20807 • Innovative Realty Group, Inc. • (808) 791-4607

Property Details for 2421 Tusitala Street, Unit 702

Architectural Style
High-Rise 7+ Stories
View
City, Golf Course, Marina/Canal, Mountain
Zoning
X2 - Apartment Precinct
Neighbourhood
WAIKIKI
Flood Zone
Zone AE
Stories/Levels
21+
Land Tenure
FS - Fee Simple

Location

Listing Courtesy of Innovative Realty Group, Inc., Hua-Wei Michael Chen, License #RB-20807
Add your commute
LISTING UPDATED: 03/14/2024 10:59 PM

Property Details for 2421 Tusitala Street, Unit 702

StatusActive
MLS #202401826
Days on Market97
Taxes$26 / month
HOA Fees$1,080 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Townhouse
Year Built1980
CountyHonolulu County

Location

Listing Courtesy of Innovative Realty Group, Inc., Hua-Wei Michael Chen, License #RB-20807
Add your commute

Building Information for 2421 Tusitala Street, Unit 702

Building/ComplexWaikiki TownhouseFloor7Stories-Residences-Pet Policy-Year Built1980

Payment Calculator

$2,847 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,741

Property Taxes

$26

HOA Dues

$1,080

The Payment Calculator is for illustrative purposes only.

Property Information for 2421 Tusitala Street, Unit 702

Summary
Location and General Information
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Association Fee 2: $199
  • Association Fee 2 Includes: Special Assessment
  • Association Fee Includes: Cable TV, Hot Water, Other Common Expenses, Sewer, Water
  • Association Fee Total: $1,080
  • Tax Amount: $26.00
  • Tax Assessed Value: $284,100.00
  • Tax Assessed Value Improvements: $238,400.00
  • Tax Assessed Value Land: $45,700.00
  • Tax Excemption Owner Occupancy: 0
  • Tax Paid By Seller: No
  • Tax Year: 2023
  • Parcel Number: 1-2-6-024-059-0019
  • HOA YN: Yes
Parking
  • Parking Additional: 0
  • Parking Features: Garage, Street
  • Parking Total: 0
  • Condo Parking Unit: 0
Property
Lot Information
  • Building Name: Waikiki Townhouse
  • Floor Number: 7
  • Property Type: Condo/Townhouse
  • SQFT Roofed Living: 590.0
  • Sqft Total: 590.0
  • Land Recorded: Land Court
  • Lot Size Area: 14680.0
  • Year Built: 1980
Property and Assessments
  • Appliances: Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
  • Photo Count: 25
  • New Development Construction: No
  • Property Condition: Above Average
  • Special Listing Conditions: None
  • Disclosures: None, Property Disclosure Stmt
  • Foreclosure: No
  • Fractional Ownership: No
  • TMK Area: 126
  • TMK Condo Property Regime Number: 19
  • TMK Division: 1
  • TMK Parcel: 59
  • TMKPLAT: 24
  • TMK Section: 6
  • TMK Zone: 2
Interior and Exterior Features
Exterior Features
  • Amenities: Car Wash, Storage
  • Construction Materials: Concrete
  • Flooring: Other, Vinyl
  • Security Features: Card, Key
Interior Features
  • Baths Full: 1
  • Baths Half: 0
  • Baths Total: 1.0
  • Beds Total: 1.0
Multi Family
Multi-Family Information
  • Unit Features: Bedroom on 1st Level, Even# Unit, Full Bath on 1st Floor, Single Level
  • Unit Number: 702
Income & Expenses
  • Maintenance Fee Amount: $881.00
Agent
Sale and Listing
  • DOM: 44
  • Listing Service: Full Service
  • Management Company Name: Neal Fineman
  • Management Company Phone: (808) 353-4732
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: When opportunity knocks... answer the call. Here is the perfect investment opportunity for off-island second homeowners or First Time Home Buyer. This cozy one-bedroom, one-bath condo is centrally located and conveniently situated near a brand-new grocery store and shopping center - right in the heart of Waikiki. The assessment (approx. $28,000) payoff at closing is negotiable. This property is a short-term rental powerhouse with a historically proven track record of bringing consistent rental income for 30-day minimum stays. Situated minutes from Waikiki Gold Coast, you're in the middle of the action. World-renowned Waikiki Beach is just minutes away; contemporary dining selection and robust shopping options await. Spacious lanai with an open-concept living area, semi-updated cabinets and clean countertops, and newer vinyl plank flooring completed the modern update. In-unit washer and dryer included. Whether you're a first-time buyer looking to buy your first home, a savvy CAP rate-driven investor, or just a part-time Hawaii resident seeking a second home to rent out for part of the year -- look no further, this is the right home for you. Pets allowed (verify).
  • Possession: At Closing, Other, Subject to Rental Lease
Showing and Remarks
  • Showing Instructions: Call Office & Go, Use ShowingTime
Rental
Rent Information
  • Occupant Type: Vacant
  • Total Actual Rent: $2,025.00

Property History for 2421 Tusitala Street, Unit 702

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2421 Tusitala Street, Unit 702

Taxable ValueLand$45,700Additions$238,400Total$284,100
Tax Record2022$975 ($81 / month)
Home Facts
Beds1Baths1Total Finished SqFt455 SqFtAbove Grade Finished SqFt455 SqFtStories1StyleCondominiumYear Built1980ZoningAPARTCountyHONOLULUAPN1-2-6-024-059-0019

Schools near 2421 Tusitala Street, Unit 702

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
President George Washington Middle School
Public6 to 8

Kaimuki High School
Public9 to 12

Voyager - A Public Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2421 Tusitala Street, Unit 702 is a condo for sale in Honolulu, HI 96815. This property was listed for sale on January 31, 2024 by Innovative Realty Group, Inc., it's currently listed at $318,998. It has been on the market for a total of 97 days and was last sold on April 15, 2008. This listing's school district is Hawaii Department Of Education. Nearby schools include President Thomas Jefferson Elementary School, President George Washington Middle School and Kaimuki High School. 2421 Tusitala Street, Unit 702 is a 1-bed, 1-bath, 590 sqft condo built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Innovative Realty Group, Inc., Hua-Wei Michael Chen, License #RB-20807