Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202600464 $185,000
1 Bedroom with 1 Bath1909 ALA WAI BOULEVARD 1003
HONOLULU HI 96815MLS: 202600464
Status: ACTIVE
List Price: $185,000
Price per SQFT: $361
Square Footage: 5131 Bedroom
1 Bath
Year Built: 1971
Zip Code: 96815
Listing Remarks
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.
Address: 1909 ALA WAI BOULEVARD 1003 HONOLULU HI 96815
Listing Courtesy of DAMON HI PAC INTL PROP LLC
Community: ROYAL ALOHA ... Listing 8 of 8
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Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2026-01-13 BEDROOMS: 1 BATHROOMS FULL: 1 BATHROOMS HALF: 0 LIVING AREA SQ FT: 513 BUILDING AREA TOTAL: 566 YEAR BUILT: 1971 TAXES: $3,090 HOA/MGMT CO: Royal Aloha AOAO HOA INCLUDES: CableTv, Hvac, Internet, Sewer, Water HOA AMENITIES: Management ARCHITECTURAL STYLE: HighRise BUILDING NAME: Royal Aloha CONSTRUCTION: Concrete COMMUNITY FEATURES: Barbecue, CommunityPool, DeckPorch, LaundryFacilities, Patio, Pool, TrashChute FLOORING: Laminate, Vinyl FURNISHED: Furnished COOLING: CentralAir PARKING FEATURES: None PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium VIEW: Canal, City, Mountains LISTING AGENT: DAMON B RHYS LISTING OFFICE: DAMON HI PAC INTL PROP LLC LISTING CONTACT: (808) 468-1838
Estimated Monthly Payments
List Price: $185,000 20% Down Payment: $37,000 Loan Amount: $148,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $935 Estimate does not include taxes, fees, insurance.
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Property Location: 1909 ALA WAI BOULEVARD 1003 HONOLULU HI 96815
This Listing
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Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
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Community: ROYAL ALOHA ... Listing 8 of 8
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Last Updated: 2026-05-29