| MLS: 202601290 (Active - For Sale)Condo: Ilikai Apt Bldg #601 Asking Price: $599,000 FS - Fee Simple Type: Condominium District: Metro Address: 1777 Ala Moana Boulevard, Honolulu, HI Maintenance Fee: 895.00 Neighborhood: Waikiki Beds: 1 Baths: 1 Living Area: 500 SF Land Area: 2.88 Acres View: City Amenities: Community Laundry,Concierge,Fire Sprinkler,Heated Pool,Meeting Room,Patio/Deck,Pool on Property,Recr Days on Market: 260 (The Price of the property was lowered by $151,000 on 09/09/2026) Year Built: 1965 Zoning: X6 - Resort Mixed Use Precinct Land Recorded: Land Court Property Taxes: $378 Assessed Value: $586,300 Assessed Ratio: 102.17% Listing Courtesy: Agora Hawaii | Google Map County Records Add to Watch List Print Version Request Info All Units For Sale in Ilikai Apt Bldg |
The Ilikai has anchored the Honolulu skyline since 1964, one of the few Waikiki buildings still licensed for legal daily vacation rentals in a market where new short-term rental permits are nearly impossible to obtain. Unit 601 is a fully remodeled 500 square foot one bedroom, one bath, listed at $599,000. The renovation strips the space to clean lines and natural light: new kitchen, new bath, finishes built to hold up under daily guest turnover without losing the feel of a home. For a portfolio, that combination is rare: a legally operating nightly rental in a landmark building, sized to run efficiently, priced to pencil. Building amenities include a resort pool, on site dining, and direct access to the marina, Ala Moana, and Waikiki Beach. Whether held as a personal Honolulu base or run as a short-term rental, 601 offers what few Ilikai units can: legal standing, current numbers, and a location guests respond to. Rental income potential is not guaranteed; buyer to independently verify permit status, HOA rules.
| MLS | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 202201856 | 02/03/2022 | 04/25/2022 | $527,000 | $500,000 |
| 202225706 | 12/13/2022 | 02/14/2023 | $799,000 | $770,000 |
17 Comparable Units Sold in Ilikai Apt Bldg (Last 12 months)
| Description | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 1 Bed 1 Bath | 09/26/2025 | 12/17/2025 | $575,000 | $575,000 |
| 1 Bed 1 Bath | 09/03/2025 | 10/20/2025 | $598,000 | $580,000 |
| 1 Bed 1 Bath | 12/03/2025 | 01/30/2026 | $629,000 | $585,000 |
| 1 Bed 1 Bath | 03/07/2025 | 03/02/2026 | $629,999 | $600,000 |
| 1 Bed 1 Bath | 06/02/2025 | 01/05/2026 | $630,000 | $600,000 |
| 1 Bed 1 Bath | 02/03/2026 | 02/26/2026 | $739,000 | $680,000 |
| 1 Bed 1 Bath | 11/07/2025 | 01/15/2026 | $749,000 | $755,000 |
| 1 Bed 1 Bath | 07/15/2025 | 10/22/2025 | $750,000 | $754,000 |
| 1 Bed 1 Bath | 08/02/2025 | 10/10/2025 | $768,000 | $765,000 |
| 1 Bed 1 Bath | 08/05/2025 | 12/31/2025 | $780,000 | $750,000 |
| 1 Bed 1 Bath | 09/22/2025 | 11/18/2025 | $790,000 | $810,000 |
| 1 Bed 1 Bath | 10/22/2025 | 12/11/2025 | $838,000 | $800,000 |
| 1 Bed 1 Bath | 05/01/2025 | 10/27/2025 | $839,900 | $839,900 |
| 1 Bed 1 Bath | 09/03/2025 | 02/02/2026 | $845,000 | $820,000 |
| 1 Bed 1 Bath | 09/29/2025 | 02/13/2026 | $860,000 | $835,000 |
| 1 Bed 1 Bath | 08/27/2025 | 02/02/2026 | $899,000 | $844,525 |
| 1 Bed 1 Bath | 09/27/2025 | 12/31/2025 | $950,000 | $900,000 |
| Average Price: | $734,907 | |||
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