Hawaii House
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Executive Centre unit #1201, Downtown condo

For sale · 1 beds · 1 baths · 525 sqft · $198,000

LEASEHOLD with a long lease until 2053. The only legal vacation rental friendly condo-hotel in the heart of the downtown Honolulu district. This tower suite 1BR/1BA offers floor-to-ceiling glass windows, an efficient floor plan, newly upgraded full kitchen, bath, flooring, and comes fully furnished including an assigned covered parking stall. Enjoy the low floor views of the mountain and the brilliant colors of city lights. Great mix use as rental investment generated an avg. gross income of $5,276 per month from Jul-Dec '18 and/or enjoy as a vacation or primary home or simply as a office living suite. Executive Centre is a reputable mixed use condo-hotel/office building conveniently located in short distances to offices, Hawaii Pacific University, eateries, art galleries, night market festivals, chinatown, shopping centers, bus-lines & many more essentials of the downtown Honolulu district.
Details
  • Condo buildingExecutive Centre
  • Year Built1984
  • Original list price$198,000
  • Days on market8
  • Price per sqft$377/sqft
  • Baths1
  • Beds1
  • Maintenance fees$640
  • Total Monthly fees$640
  • Address1088 Bishop Street unit #1201, Honolulu, HI, 96813
  • Total area525 sqft
  • Interior area525 sqft
  • nr.of parking places1
  • Floor Number12
  • Property typeCondotel, High-Rise 7+ Stories
  • NeighborhoodDowntown
  • Land area58370 sqft / 1.34 acres
  • City of OahuHonolulu
  • RegionHonolulu
  • IslandOahu
  • Land tenureLH - Leasehold
  • Lease renegotiation dateFeb 1, 2023
  • Lease expiration2053-01-31
  • Monthly lease payment$257
  • Owner occupancy percentage33
  • ViewCity, Mountain
  • Listed byBHGRE Advantage Realty
Amenities & Features
  • FloorsVinyl
  • FurnishedFull
  • ConstructionConcrete
  • SecurityKey, Security Patrol, Video
  • Property ConditionExcellent
  • Management CompanyAston Hotel
  • Remodeled Year2017
  • Other Fee IncludesAC Central,Cable TV,Hot Water,Internet Service,Other Common Expenses,Sewer,Water
  • OccupancyTenant, Vacant
  • Rental Income5276
  • ParkingAssigned, Covered - 1, Garage, Secured Entry
  • AmenitiesCommunity Laundry, Exercise Room, Patio/Deck, Pool, Resident Manager, Restaurant, Security Guard, Trash Chute, Whirlpool
  • Unit featuresCentral AC, Odd# Unit, Single Level
  • InclusionsAC Central, Cable TV, Disposal, Kitchenware, Linens, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector
Schools
School rating Distance
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
Elementary School
0.631mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
Middle School
0.631mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
High School
0.631mi
School rating Distance
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.631mi
4
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.704mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.302mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.383mi
NR
Kawaiaha'o Church School
872 Mission Lane, Honolulu, HI 96813
0.47mi
School rating Distance
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.631mi
2
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.336mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.383mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.302mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.383mi
School rating Distance
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.631mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.302mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.735mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.383mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.383mi
Data provided by Greatschools.org
Neighborhood - Downtown
  • Neighborhood average sales price*$436.66k
  • Neighborhood median sales price*$370k
  • Number or sales*57
  • Median sale price Executive Centre*$255k
Price history
Date Event Price $/sqft Source
Jan 15, 2019 New Listing $198,000 $377.14 MLS 201901210
Jul 21, 2017 Sold $170,000 +28.79% from last sold price $323.81 Public Record
Jun 12, 2017 In Escrow - not showing $175,000 $333.33 MLS 201709302
May 22, 2017 Under contract $175,000 $333.33 MLS 201709302
May 3, 2017 New Listing $175,000 $333.33 MLS 201709302
Dec 10, 2009 Rented $1,300 $2.48 MLS 2911570
Aug 30, 2009 New Listing rental $1,300 $2.48 MLS 2911570
Nov 13, 1996 Sold $132,000 $251.43 Public Record
Nov 22, 1996 New Listing $132,000 $251.43 MLS 9898654
Taxes
  • Current Property Taxes p/month$350
  • Property Tax Year2019
  • Assessed Improvement value$303,600
  • Assessed Land value$32,100
  • MLS #201901210
  • TMK1-2-1-012-004-0128
  • Land RecordedDual Systems
  • Zoning34 - BMX-4
  • Lease renegotiation dateFeb 1, 2023
  • Lease expiration2053-01-31
  • Monthly lease payment$257
  • Total Assessed value$335,700
Agent viewpoints   of 1088 Bishop Street unit #1201, Downtown, Oahu, 96813
Stunning views
Ocean views
Open floorplan
Needs Work
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Hawaii House
Condo For sale $198,000 1088 Bishop Street unit #1201, Honolulu, HI, 96813 1 beds / 1 baths / 525 sqft Remove from Saved Save House