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Tongg+Partners | Keller Williams Honolulu
201 Ohua Avenue Unit 605 (NUC), Honolulu, HI 96815
- $595,000
- 1
- BD
- 1
- BA
- 557
- SqFt
- Sold Price
- $595,000
- List Price
- $599,000
- Days on Market
- 50
- Closing Date
- Nov 14, 2025
- MLS#
- 202521150
- Status
- CLOSED
- Type
- Condo
- Building
- Waikiki Banyan
- Bedrooms
- 1
- Full Baths
- 1
- Living Area
- 557
- Land Area
- 99,796
- Land Tenure
- FS - Fee Simple
- Neighborhood
- Waikiki
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.
Additional Information
- Island
- Oahu
- View
- Canal, City, Mountain(s), Sunrise
- Lot Size
- 99,796
- Construction Materials
- Concrete
- Neighborhood
- Waikiki
- Subdivision
- Waikiki
- Furnished
- Furnished
- Year Built
- 1977
- Building Name
- Waikiki Banyan
- Inclusions
- AC Window Unit, Disposal, Kitchenware, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
- Maintenance Expense
- $902.2
- Parking Features
- Garage, Secured, Unassigned
- Unit
- 605 (NUC)
- Style
- High Rise
- Assessed Total
- 727900
- Pets Allowed
- Call
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Listing courtesy of Coldwell Banker Realty. Selling Office: Coldwell Banker Realty.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: (808) 596-0456