Listing Image
MLS: 202528113 (Active - For Sale)Condo: Ilikai Apt Bldg #510
 
Asking Price: $1,750,000 FS - Fee Simple
Type: Condominium
District: Metro
Address: 1777 Ala Moana Boulevard, Honolulu, HI
Maintenance Fee: 1848.00
Neighborhood: Waikiki
Beds: 2   Baths: 2
Living Area: 1,000 SF

View: Marina/Canal,Ocean,Sunset
Amenities: Community Laundry,Concierge,Fire Sprinkler,Patio/Deck,Pool on Property,Restaurant,Security Guard,Val
Days on Market: 133
Year Built: 1965
Zoning: X6 - Resort Mixed Use Precinct
Land Recorded: Land Court
Property Taxes: $2,187
Assessed Value: $1,572,400
Assessed Ratio: 111.29%
Listing Courtesy: Compass


Legal vacation rental with great bookings, bringing in very strong rental income and 70-77% booking rates the last 3 years. Income before HOA and property taxes (with misc GET, TAT, OTAT, management fees, etc already accounted for): 2023 - $83,110.34, 2024 -$101,843.26, 2025 - $77,843.16. Direct views of Hawaiian sunsets, sailboats, and the Pacific Ocean...this what this amazing income producing corner unit at the Ilikai offers. The -10 stack looks straight out at the horizon and high enough to offer a blend of cool blue ocean and soothing green treetop views. At 1000sf, this 2-bedroom, 2-bathroom layout features an expansive living room to maximize light and ocean views flanked by two en suites at opposite ends of the unit. An open kitchen also looks out to the boat harbor and two large lanais offer outdoor living space as well. Resilient tile floors throughout, stainless steel kitchen appliances, and cooled by split A/C's. Fully furnished and currently in a vacation rental pool with fantastic bookings. Here is your opportunity to own your piece of paradise while subsidizing the cost!


 
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