1777 Ala Moana Boulevard Unit 510, Oahu, HI 96815

$1,750,000
2
BD
2
BA
1,000
SqFt

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List Price
$1,750,000
Days on Market
221
MLS#
202528113
Status
ACTIVE
Type
Condo
Building
Ilikai Apt Bldg
Bedrooms
2
Full Baths
2
Living Area
1,000
Land Tenure
FS - Fee Simple
Neighborhood
Waikiki

Property Description

Legal vacation rental with great bookings, bringing in very strong rental income and 70-77% booking rates the last 3 years. Income before HOA and property taxes (with misc GET, TAT, OTAT, management fees, etc already accounted for): 2023 - $83,110.34, 2024 -$101,843.26, 2025 - $77,843.16. Direct views of Hawaiian sunsets, sailboats, and the Pacific Ocean...this what this amazing income producing corner unit at the Ilikai offers. The -10 stack looks straight out at the horizon and high enough to offer a blend of cool blue ocean and soothing green treetop views. At 1000sf, this 2-bedroom, 2-bathroom layout features an expansive living room to maximize light and ocean views flanked by two en suites at opposite ends of the unit. An open kitchen also looks out to the boat harbor and two large lanais offer outdoor living space as well. Resilient tile floors throughout, stainless steel kitchen appliances, and cooled by split A/C's. Fully furnished and currently in a vacation rental pool with fantastic bookings. Here is your opportunity to own your piece of paradise while subsidizing the cost!

Additional Information

Island
Oahu
View
Canal, Ocean, Sunset
Construction Materials
Double Wall, Concrete
Neighborhood
Waikiki
Subdivision
Waikiki
Furnished
Furnished
Year Built
1965
Building Name
Ilikai Apt Bldg
Inclusions
AC Split, Blinds, Cable TV, Dishwasher, Disposal, Microwave Hood, Range/Oven, Refrigerator
Total Monthly Fees $
1848
Maintenance Expense
$1790.34
Annual Property Tax
$26,245
Parking Features
None, Valet
Unit
510
Amenities
Concierge
Style
High Rise
Assessed Total
1572400

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Calculator source: Real Geeks

Listing courtesy of Compass.

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