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MLS: 202600324 (Active - For Sale)Condo: Royal Aloha #804
 
Asking Price: $364,000 Leasehold
Lease Expires: 12/31/2041
Type: Condominium
District: Metro
Address: 1909 Ala Wai Boulevard, Honolulu, HI
Maintenance Fee: 778.00
Neighborhood: Waikiki
Beds: 2   Baths: 1
Living Area: 674 SF
Land Area: 0.71 Acres
View: City,Marina/Canal
Amenities: BBQ,Condo Association Pool,Patio/Deck,Recreation Room,Resident Manager,Security Guard,Trash Chute
Days on Market: 95
Year Built: 1971
Zoning: X6 - Resort Mixed Use Precinct
Land Recorded: Land Court
Property Taxes: $338
Assessed Value: $390,800
Assessed Ratio: 93.14%
Listing Courtesy: VYBE Hawaii
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All Units For Sale in Royal Aloha


Exceptional Waikiki investment opportunity! This rare 2-bedroom, 1-bath condo with legal short-term rental (STR) status delivers outstanding income performance, grossing over $116,000 in 2025! A true turn-key opportunity ideal for investors or owner-users seeking strong potential cash flow in the heart of Waikiki. Fully furnished and turn-key, the unit has been beautifully renovated with modern finishes, thoughtful design, and an ideal sleeping arrangement designed to maximize rental performance. Enjoy year-round comfort with a split AC system and relax on your private patio with outdoor seating, overlooking a tranquil canal view. The building features desirable amenities including a swimming pool and BBQ area, and water, cable and Internet are included in the maintenance fee. Seller currently rents parking from a nearby building. Conveniently located in Waikiki, just moments from shopping, dining, beaches, and entertainment.

3 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
20170577403/10/201706/19/2017$174,500$160,000
20212081808/18/202112/01/2021$190,000$200,000
20231920308/15/202310/20/2023$299,000$285,000

6 Comparable Units Sold in Royal Aloha (Last 12 months)
Description List Date Sold Date List Price Sold Price
2 Bed 1 Bath09/09/202512/05/2025$229,000$215,000
2 Bed 1 Bath09/26/202509/26/2025$270,000$270,000
2 Bed 1 Bath01/30/202506/30/2025$290,000$280,000
2 Bed 1 Bath04/11/202509/17/2025$290,000$280,000
2 Bed 1 Bath04/28/202510/03/2025$290,000$278,500
2 Bed 1 Bath10/30/202501/21/2026$300,000$298,000
Average Price:  $270,250

 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by other REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.
Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
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