1909 Ala Wai Boulevard Unit 1003, Honolulu, HI 96815

$185,000
1
BD
1
BA
513
SqFt

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List Price
$185,000
Days on Market
196
MLS#
202600464
Status
ACTIVE
Type
Condo
Building
Royal Aloha
Bedrooms
1
Full Baths
1
Living Area
513
Land Area
30,928
Land Tenure
LH - Leasehold
Neighborhood
Waikiki

Property Description

DESIRABLE LEGAL SHORT-TERM VACATION RENTAL OPPORTUNITY IN WAIKIKI with a proven track record of strong occupancy and consistent rental activity. Welcome to Royal Aloha, one of the few resort-zoned buildings in Waikiki allowing legal daily rentals - an increasingly rare and valuable designation. This rarely available 1-bedroom stands out as most units in the building are 2-bedroom layouts, offering a more accessible entry point for investors seeking income potential in a high-demand location. Located on the 9th floor, the unit enjoys city, Ala Wai Canal, and mountain views, along with a full kitchen and efficient, guest-friendly layout. Offered turnkey and ready to rent, making for a seamless transition for the next owner. Royal Aloha is a secured building with on-site management and amenities including a pool, BBQ area, and lounge spaces, with community laundry on each floor and in the basement. Pet-friendly and ideally situated near Ala Moana, beaches, dining, shopping, and bus lines. Leasehold property with approximately 15 years remaining - an attractive opportunity for investors seeking strong cash flow at a lower entry price. Parking may be available for rent nearby.

Additional Information

Island
Oahu
View
Canal, City, Mountain(s)
Elementary School
Ala Wai
Middle School
Washington
High School
Kaimuki
Lot Size
30,928
Construction Materials
Concrete
Neighborhood
Waikiki
Subdivision
Waikiki
Frontage
Other
Furnished
Furnished
Year Built
1971
Building Name
Royal Aloha
Inclusions
AC Central, Refrigerator
Maintenance Expense
$596.19
Parking Features
None
Unit
1003
Amenities
Management
Style
High Rise
Hoa Name
Royal Aloha AOAO
Assessed Total
336300

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Listing courtesy of Damon HI Pac Intl Prop LLC.

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