Commodore Waikiki

Homes-041215-ExteriorSTARTS NEW LIFE AS A CONDO CONVERSION

The options for lowrise condominium living in Waikiki have been expanded with the “renaissance” of the Commodore, a four-story, 43-unit structure originally developed as housing for Navy officers in 1947.

Located on Kahakai Drive bordering the Ala Wai Promenade, the L-shaped building complex was constructed by the Army Corps of Engineers. Subsequent to its service as a government facility, it was utilized as a rental complex.

In 2006, developers Rodney Howard and Mary Pattee, doing business as Commodore LLC, purchased the building for $6.5 million fee simple, renamed it the Commodore Waikiki and invested an additional $3.5 million in the property. Both interiors and exteriors have been painted and upgraded. Pattee, together with listing real estate agent Tracy Allen (RA) of Coldwell Banker Pacific Properties, created the interior designs and specified the furnishings. Landscaping is by Jay Thomas, a Commodore resident for nearly 40 years.

Oneand two-bedroom units and penthouses have been renovated with varying upgrades that include new flooring and countertops, cabinets, window coverings, air conditioners, appliances, fixtures, lighting and ceiling fans. Concrete walls and floors provide soundproofing between units. Prices range from $280,000 to $549,000 fee simple; 13 parking stalls are available at $60,000 each.
Homes-041215-Interior
The 32 one-bedroom condos for sale range from 392 to 408 square feet; some come with views of the Ala Wai. Six two-bedroom condos range from 589 to 592 square feet, all with views of the canal. The largest units are the penthouses with 767to 838-square-foot interiors augmented by 600 to 1,188-square foot lanais with views of the city and the Ala Wai. Interiors of units have been reconfigured to open up the basic floor plans. With the necessary permits and approvals, some units could be combined.

The entire property has four gated entrances, all of which require a key. An Association of Unit Owners has been formed with a board of directors responsible for the administration of the building, which is pet-friendly.

“We’re excited to launch sales at the Commodore Waikiki and are confident there will be great interest in the project, given both the pricing and the location,” said Allen, who is serving as lead broker. She noted that the Commodore Waikiki occupies a 15,411-square-foot parcel bounded by a one-way in-and-out loop street and consequently offers a generally more quiet environment than other condo developments in the area. Also contributing to its appeal is the close proximity of Waikiki and Ala Moana shops and restaurants. Both Ala Moana Center and Beach Park are within walking distance.

“We anticipate our buyers will include young families, professionals and empty-nesters,” Allen added.

Locations Hawaii
Michael Marks
Sandwich Isles Realty
Kimo Smigielski, Broker-in-Charge
R, ABR, CRS, GRI, e-PRO
Hawaii Life Real Estate Brokers
Emily Garcia
Agent, REALTOR(A), RS-77391
Coldwell Banker
DAY-LUM Properties

Edith Crabb, RB-8195
Coldwell Banker
DAY-LUM Properties

Glenn Takase, RB-18547
Coldwell Banker
DAY-LUM Properties

Misti R. Tyrin, RS-75836
Coldwell Banker
DAY-LUM Properties

David L. Skeele, RB-12882
Kauai Landmark Realty
Phil Fudge, RB-18576
Claire Keaton, RS-73854
Coldwell Banker
DAY-LUM Properties

Shea Miyashiro, RS-64678
Coldwell Banker
DAY-LUM Properties

Atsuko Winston, RS-75899
Coldwell Banker
DAY-LUM Properties

Mark Skeele, RS-77005