Boutique Condominium Offers Value, Charm
The Commodore Waikiki presents affordability, convenience and Old Waikiki charm, making it a smart choice for homeowners and investors
Originally constructed in 1947 by the Army Corps of Engineers to house U.S. Naval Officers, the Commodore Waikiki has been fully renovated with unique, modern finishes.
An urban oasis on the Ala Wai
Overlooking Ala Wai Canal, this 43-unit boutique mid-rise condominium complex is ideally located because it is bound by the Ala Wai Promenade and one-way Kahakai Drive, insulating it from traffic noise.
“You don’t feel like you’re in town. It’s so quiet and green,” said Christina Davis, a Commodore Waikiki resident. “Yet you’re just minutes from Ala Moana Beach, the Hawaii Convention Center, Ala Moana Shopping Center, and plenty of dining options and nightlife.”
Davis, who also is a Locations REALTOR®, has lived in the building for two years and serves on the condominium board. She counts the building’s turnkey upgrades, ample street parking and cooling trade winds among her many reasons for making it her home. Davis loves that she can share her enthusiasm for the building as a resident and homeowner with her prospective clients.
Value and personality at an attractive price
“It’s like no other building. It’s not cookie-cutter. It has history and personality,” added Davis.
A pet-friendly complex governed by a homeowners association, the Commodore Waikiki offers four secure, gated entrances and virtually sound-proof units. Millions of dollars were poured into upgrading the units, which include new flooring, cabinetry, appliances, fixtures, lighting and ceiling fans, as well as contemporary paint colors.
Low maintenance fees, a tropical garden-like setting and on-site laundry room make the Commodore Waikiki an attractive complex for young professionals, empty-nesters and investors alike.
“It really is a hidden gem,” Davis said.
Four one-bedroom, walk-up units are currently for sale. All are priced below $300,000, with maintenance fees of $256 per month, which includes sewer and water. The estimated monthly payment for a $269,000 unit — including fees — is $1,282*.
To learn more about the Commodore Waikiki, contact your Locations REALTOR® or visit the website online at LocationsHawaii.com/commodorewaikiki.
*Assumes a down payment of 20 percent.
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