1765 Ala Moana Boulevard Unit 1487, Honolulu, HI 96815

$495,000
1
BA
427
SqFt
List Price
$495,000
Price Change
▼ $24,000 1709001596
Days on Market
178
MLS#
202322296
Status
ACTIVE
Type
Condo
Building
Ilikai Marina
Full Baths
1
Living Area
427
Sq Ft Total
427
Land Area
55,016
Land Tenure
FS - Fee Simple
Neighborhood
Waikiki

Property Description

Welcome to this oceanfront Blue Hawaiian Cottage; a great place to live & a wonderful investment opportunity to generate passive income through legal short & long-term rental. It is located in a safe oceanfront building with 24-hour security & an onsite parking garage. The neighborhood is vibrant & convenient with many restaurants & shops within walking distance. With great restrictions placed on Short-term rentals, this apartment became invaluable as it is one of the rare oceanfront properties that can be legally rented on a day-to-day basis. Year-round high rental demand & great reviews from guests for its proximity to the ocean & world-class surf spots. This precious apartment is customized with blue Hawaii decoration, it has a laminated wood floor, a king-size Tempur-Pedic mattress bed & a full-size sofa bed. The lanai looks at the beautiful Hawaiian mountains as the apartment cools by tradewinds. The recently installed air conditioner is fully paid off. Invest in this little gem that is free & clear of any future rental reservations. Start the new year with a great source of passive income.

Additional Information

Island
Oahu
Monthly Maint Fee
$656
Stories Type
15-20
Unit Features
Central AC, Odd# Unit, Single Level
View
City, Mountain, Sunrise
Lot Size
55,016
Construction Materials
Above Ground, Concrete, Double Wall, Slab
Mls Area Major
Metro
Neighborhood
Waikiki
Year Built
1968
Tax Amount
$115
Building Name
Ilikai Marina
Inclusions
AC Central, Cable TV, Range/Oven, Refrigerator, Smoke Detector
Maintenance Expense
$600
Parking Features
None, Street
Unit
1487
Amenities
Community Laundry, Restaurant, Security Guard, Trash Chute
Style
High-Rise 7+ Stories
Assessed Total
393500
Assessed Improvement
258500
Assessed Land
135000
Zoning
X6 - Resort Mixed Use Precinct

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Redfin Corporation.

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