1518/1777 Ala Moana Boulevard

Urban Honolulu HI 96815

1240 sq. ft.

Condo

Currently for sale - view listing

Overview

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.

Features

2 bedrooms

2 bathrooms

1240 sq. ft. floor area

Condo

Property history for 1518/1777 Ala Moana Boulevard

2010

Sold

$465,000

21 May 2010 by John Uyemura, of KMJ Realty LLC

Happy sellers in Urban Honolulu

<50%

Less than 50% of sellers in Urban Honolulu reported that their sale price either exceeded or met their price expectations.

Urban Honolulu stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Urban Honolulu over the last 12 months.