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Property Q&A in Diamond Head - Kapahulu - Saint Louis : Real Estate Advice

  • All24
  • Local Info2
  • Home Buying6
  • Home Selling0
  • Market Conditions1

Activity 7
Tue Jul 30, 2013
Cindy Siok answered:
This unit is in a hotel rental pool and rented short-term to visitors - we call these condotels. Owners can keep them in the hotel pool, rent it out themselves or with another property manager short or long term, or even live in it yourself. This unit does not come with a parking space and in public record it says that their is no guest parking at this location.
There are several other condotel properties - some offer parking at a rate of $20/day and a few even come with a parking space.
Also note - this property is leasehold - not fee simple, which is reflected in the price.
Aloha,
Cindy
... more
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Sat Mar 16, 2013
Frank Diaz answered:
Here is the original ad:
http://www.postlets.com/rtpb/8940440

Be very careful with internet ads. Do NOT send any money until you see the apartment and verify who the real owner is.


Frank
... more
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Thu Mar 7, 2013
Baron Graham answered:
150K will not even get land in that areas unfortunately.
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Thu Mar 7, 2013
Baron Graham answered:
This sold last year in May for 378K. Thanks Baron Graham (RA)-Graham Realty (808)220-5380 baron.graham@gmail.com
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Thu Jul 19, 2012
Frank Diaz answered:
What is your question? You would like a SF home for less than $300,000 near Diamond Head. It doesn't exist.
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Thu Jul 19, 2012
Frank Diaz answered:
Aloha,

Fee simple 1 bedrooms start at about $200,000 in Honolulu. In Waikiki, add 25% on average. Add another $30,000 for parking.
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Sun Jun 3, 2012
Paul Dullea answered:
Hi Jan,

This property is located at the Diamond Head Beach Hotel. There is a monthly maintaince fee plus a monthly lease fee for a total of $720 per month. That is allot. These fee's make it hard to re-sell down the road despite the low purchase price. There are fee simple properties in Waikiki (studios) near this price range with lower monthly fee's and absolute ownership. My office is in Waikiki if you are interested in discussing in more detail.

Aloha,
Paul
... more
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