Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202601604 $440,000
Studio with 1 Bath1850 ALA MOANA BOULEVARD 816
HONOLULU HI 96815MLS: 202601604
Status: ACTIVE
List Price: $440,000
Price per SQFT: $1,371
Square Footage: 321Studio
1 Bath
Year Built: 1970
Zip Code: 96815
Listing Remarks
Unit 816 at the Palms at Waikiki offers a rare opportunity to own a legal, turnkey short-term rental with strong income history and deeded parking. One of the larger studio layouts in the building, this fully renovated unit is ready for immediate use and can be self-managed or placed into the hotel rental pool. The southeast-facing orientation captures views of Diamond Head, ocean, city Skyline, which consistently appeals to guests and supports strong nightly rates. The unit has a proven performance record, generating approximately $63,000+ in annual gross income with a 4.96-star rating, over 80 reviews, and roughly 90% occupancy. Renovated in 2020 as part of the hotel refresh program, the unit features custom upgrades that set it apart from standard inventory. Owners and guests enjoy access to quaint hotel amenities including a pool, BBQ area, fitness center, laundry facilities, front desk services, bell service, and 24-hour security. Located at the gateway to Waikiki and just blocks from Kahanamoku Beach, shopping, dining, and world-class resorts, this property offers flexibility for continued rental income, personal use, or future resale of a high-demand condotel with parking.
Address: 1850 ALA MOANA BOULEVARD 816 HONOLULU HI 96815
Listing Courtesy of BHGRE REFINED
Community: PALMS AT WAIKIKI ... Listing 4 of 19
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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: 2026-01-26 BEDROOMS: 0 BATHROOMS FULL: 1 BATHROOMS HALF: 0 LIVING AREA SQ FT: 321 BUILDING AREA TOTAL: 363 YEAR BUILT: 1970 TAXES: $4,764 HOA INCLUDES: CommonAreas, CableTv, Electricity, Hvac, HotWater, Internet, Sewer, Water BUILDING NAME: Palms At Waikiki CONSTRUCTION: Concrete COMMUNITY FEATURES: Barbecue, CommunityPool, DeckPorch, Fitness, Patio, CondoHotelCommunity FLOORING: Carpet, CeramicTile FURNISHED: Partially COOLING: CentralAir INTERIOR FEATURES: BedroomOnMainLevel, FullBathOnMainLevel, HandicapAccess PARKING FEATURES: Assigned, Covered, OneSpace, Secured PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium VIEW: City, Mountains, Ocean LISTING AGENT: JAHSIAH SAI ALDANA LISTING OFFICE: BHGRE REFINED LISTING CONTACT: (808) 260-9888
Estimated Monthly Payments
List Price: $440,000 20% Down Payment: $88,000 Loan Amount: $352,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $2,225 Estimate does not include taxes, fees, insurance.
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Property Location: 1850 ALA MOANA BOULEVARD 816 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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Last Updated: 2026-01-26