1777 Ala Moana Boulevard 1518,Honolulu, HI 96815
Honolulu, HI 96815
Description
This rare, double-unit legal vacation rental boasts a proven track record, generating an average annual gross income of approximately $247,000. You are investing in a property and a cash cow with a ROI in 10-12 years, plus continuous property appreciation. Two adjoining suites seamlessly interconnected into a single space. Live in one side and rent out the other, or Airbnb the entire sprawling two-bedroom, two-bathroom property. Everything comes in twos: two bedrooms, two bathrooms, two kitchens (a full kitchen & a wet bar), two balconies that stare directly into the Pacific Ocean below, two brand-new Mitsubishi split AC systems, two entertainment areas, and two uniquely independent suites. The interior finishes and colors are designed for durability in high-traffic short-term rentals. Cabinetry and sliding glass doors were exclusively designed, custom-crafted and imported. The residence brings Manhattan sophistication to Waikiki Beach, featuring 1,000 sq ft of interior and a 240 sq ft balcony. Set within the iconic Ilikai, this residence occupies a legendary Waikiki oceanfront landmark-one of just two private condominium buildings that grant direct beach access.
Details
| MLS # | 202617592 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | Ilikai Apt Bldg |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 25 |
| Listing Provided By | Compass | Christopher R S Causey |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,000 |
| Pool | Yes |
| Zoning | X6 - Resort Mixed Use Precinct |
| Water Front | Yes |
| Property View | Coastline, Ocean, Sunset, Sunrise |
Exterior
| Construction Materials | Concrete |
|---|
Interior
| Inclusions | AC Split, Cable TV, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Wine Refrigerator |
|---|
Other
| Community Features | Concierge, Community Pool, Deck Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Restaurant, Trails Paths, Trash Chute, Condo Hotel Community |
|---|---|
| Security Features | Closed Circuit Cameras, Fire Sprinkler System, Security Guard |
Taxes
| Property | 21459 |
|---|
Area Information
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96815 |
| Area | Oahu |
| Community Name | WAIKIKI |
| Listing VS Median (in WAIKIKI) | |
Price: $2,488,000 low | high Med: $450,000 sqft: 1,000 low | high Med: 683 $ / sqft: $2,488 low | high Med: $659 On site: 25 low | high Med: 253 | |
Market Activity 96815
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Learn More About This Property
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96815 |
| Area | Oahu |
| Community Name | WAIKIKI |
| Listing VS Median (in WAIKIKI) | |
Price: $2,488,000 low | high Med: $450,000 sqft: 1,000 low | high Med: 683 $ / sqft: $2,488 low | high Med: $659 On site: 25 low | high Med: 253 | |
