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Waikiki Banyan

201 Ohua Street
Waikiki - East
$389,000 - $439,900
Fee Simple and Leasehold
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1 Bedroom Available Listings
$389,000 LH - Waikiki Banyan, Unit #: 3713 - MAUKA
$390,000 LH - Waikiki Banyan, Unit #: 2414 T1
$390,000 FS - Waikiki Banyan, Unit #: MAUKA1906
$398,888 FS - Waikiki Banyan, Unit #: 611-T2
$399,000 LH - Waikiki Banyan, Unit #: Makai/3401
$399,000 FS - Waikiki Banyan, Unit #: #1201/Mauka
$399,000 FS - Waikiki Banyan, Unit #: #1811/Mauka
$410,000 FS - Waikiki Banyan, Unit #: 2403 T1
$418,000 FS - Waikiki Banyan, Unit #: MAUKA/1507
$424,888 FS - Waikiki Banyan, Unit #: 2906 T1
$432,000 FS - Waikiki Banyan, Unit #: 1503 Tower 1
$439,900 FS - Waikiki Banyan, Unit #: Makai 2405
Commentary - Waikiki Banyan:
The twin towers of the Waikiki Banyan is a popular investor choice for a condotel in Waikiki. The building is just few blocks from the beach and since the units have full kithcens they tend to be easier to finance than some other condotels. Aston manages the hotel program but owners are free to manage the unit themselves, hire a 3rd party manager, or live in the unit.

Waikiki Banyan was originally zoned has a hotel but has since been rezoned as a residential building. As a result, only owners that have maintained a non conforming use certificate to allow for overnight rentals may legally rent their units out for less than one month, Honolulu's Department of Planning and Permitting maintains a list of Non Conforming Use Certificates here:
http://honoluludpp.org/HotIssues/NUCreport.pdf

Amenities:  Large 6th floor recreation area with pool, tennis court, sauna, barbecue grill, children's playground and a snack bar.

Units: 877
Stories: 37
Elevators: 4
Parking: covered, unassigned
Pets: with approval
Year Built: 1979
High School: McKinley
Middle School: Washington
Elementary School: Jefferson
>> Click for Waikiki Banyan's AOAO Biennial Registration Form
The following data is available in the above AOAO Biennial Registration link:

Owner Occupancy: Check Section 6 Maintenance Fees: Check Section 8
Special Assessments: Check Section 9 Pets Allowed: Check Section 12

Lender Statistics - Waikiki Banyan

Owner Occpt %:   9%
Land Tenure   Fee/Lease Mix  expires:11/1/2035
Condo Type:   Condotel/Lodging
Management Co:   Hawaiiana Mgmt 593-9100
Typical Loan Options and Down Payment Requirements:

Lodging unit/Condotel: 100% down - Lenders are currently not lending on studios without a full kitchen (hotel rooms)

Condotel unit with Full Kitchen: 30% down with minimum credit score of 680



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Learn all about  Waikiki - East
Waikiki Banyan is located in Waikiki - East

Condominium Configurations - Waikiki Banyan

Bedrooms:   1

Baths:   1

Square Feet:   599 - 661 SF

Lanai:   yes 

Qty:   877 

Comments:   There are little differences between the 877 units in the Banyan. The corner units ending in "13" and "14" have the largest floor plan and a seperate dining area. Found in units: A, B, C, D, 01, 02, 03, 04, 05, 06, 07, 08, 09, 10, 11, 12, 13, 14   View floor plan


The above active listings are based on information from the Multiple Listing Service of the Hicentral MLS, Ltd. Active listings last updated on 5/16/2012. Information is deemed reliable but not guaranteed. Copyright: 2012 by the Hicentral MLS, Ltd. more.