Exceptional value with long-term security in this Honolulu leasehold opportunity. The property has approximately 45 years remaining and low, fixed lease rent through September 1, 2070. Over 90% of owners chose to retain their leasehold when the fee was offered in 2020-2021, highlighting the strength of the existing terms. Predictable lease step-ups through 2070 may allow for 30-year financing at an attractive price point. Located at the end of a quiet cul-de-sac, this well-maintain 1-bedroom, 1-bathroom, 1-parking residence offers a peaceful setting with convenient access to Downtown Honolulu, UH, and nearby schools. Recent updates include new flooring (January 2026) and a renovated bathroom (March 2026). A half enclosed lanai provides soft morning light and a relaxing retreat. The building offers 100% hurricane insurance coverage. An excellent investment opportunity, the unit is tenant-occupied with a flexible lease at $1,950/month, and the tenant would like to remain.
112 days
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72
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2
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Zillow last checked:
Listing updated:
Listed by:
Nancy Chen808-366-7780,
Coldwell Banker Realty,
Omeo Fan808-258-6636,
4YOU Hawaii Int'l Realty LLC
Source: HiCentral MLS,MLS#: 202603437
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Features
Bedroom on Main Level, Full Bath on Main Level, Single Living Level
Flooring: Ceramic Tile, Vinyl
Interior area
Total structure area: 737
Total interior livable area: 628 sqft
Property
Parking
Total spaces: 1
Parking features: Covered, Other, One Space
Features
Levels: One
Has view: Yes
View description: City, Mountain(s), Ocean
Has water view: Yes
Water view: Ocean
Details
Parcel number: 1220100350162
Zoning description: 13 - A-3 High Density Apartment
Special conditions: None
Construction
Type & style
Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Materials
Concrete
Condition
Excellent,Good Condition
New construction: No
Year built: 1979
Major remodel year: 2026
Community & HOA
Community
Features: Barbecue, Community Pool, Deck/Porch, Patio, Sauna, Trash Chute
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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