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$595,000
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Property Description
Best price! Waikiki Banyan #605-2 offers a fantastic opportunity for investors, second-home buyers, or primary residence. This 1-bedroom, 1-bathroom unit comes with a Non-Conforming Use Certificate (NUC, which currently costs less than the Bill 41 TVU license), making it eligible for short-term vacation rentals-perfect for capitalizing on a limited short-term rental market. The unit is priced to sell and, while it needs updating, it offers great potential for customization. The 6th-floor location allows for an in-unit washer/dryer, adding convenience for owners and renters alike. Additionally, the property includes one unassigned parking stall, a valuable feature in this prime Waikiki location. The building is financially solid with recent capital improvements, including re-piping of the sewer lines and modernized elevators. With its prime location steps from Waikiki Beach and all the local amenities, this unit is an excellent choice for those seeking both flexibility and value in a vacation rental building.
Full Property Details
Full Property Details for 201 Ohua Ave #605 (NUC)
General
- Sold For: $595,000
- HOA FEE: $902
- Taxes: $6,904
- Status: Closed
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202521150
- Added to Site: 115 day(s) ago
Rental Information
- Complex Features: Barbecue, Deck/Porch, Laundry Facilities, Playground, Patio, Pool, Recreation Area, Sauna, Trash Chute, Condo Hotel Community
Interior
- Interior Features: Bedroom on Main Level
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Carpet, Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Spa Description: Community
- Security/Safety: Closed Circuit Camera(s), Fire Sprinkler System, Security Guard
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Garage, Secured, Unassigned
Location
- Area: Metro
- County: Oahu
- Subdivision: WAIKIKI
- Building Name: Waikiki Banyan
Community
- Assoc. Fees Include: Common Areas, Cable TV, Electricity, Hot Water, Internet, Sewer, Water
Structural Information
- Architectural Style: High Rise
- Detached/Attached: Detached
- Construction: Concrete
- Entry Floor Number: 6
- Square Feet: 624
- Living Area: 557 Sq. Ft.
- Year Built: 1977
- Property Condition: Average Condition
Lot Features
- Property View: Canal, City, Mountain(s), Sunrise
- Mountain views: Yes
- Lot Size: 99796
- Zoning: X2 - Apartment Precinct
Water Features
- Water View: Yes
Financial Considerations
- Other Assoc Fees: $52
- Maint. Fee: $902
- Maint. Fee/Month: $902
- Assessment Amount: $727,900
- Tax Amount: $6,904.08
Disclosures and Reports
- Special Conditions: None
- Inclusions: AC Window Unit, Disposal, Kitchenware, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
- Property ID: 1-2-6-025-005-0434
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Schools
Schools serving 201 Ohua Ave #605 (NUC)
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 0.2 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 1.7 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 Ohua Ave #605 (NUC)
Date
Details
Price
Change
Source
11/14/2025
Sold
$595,000
-0.67%
MLS
9/25/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
201 Ohua Avenue #605 (NUC), Honolulu, HI 96815 (MLS# 202521150) is a Condo property that was sold at $595,000 on November 14, 2025. This property was listed by Andrew Leitheiser from our Honolulu Office.Want to learn more about 201 Ohua Avenue #605 (NUC)? Do you have questions about finding other Condo real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.



