Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaCommunity: ROYAL ALOHA ... Listing 1 of 9
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MLS: 202600324 $364,000 2 Beds /1 Baths
MLS #: 202600324 Status: ACTIVE List Price: $364,000 Price SQFT: $540 City: HONOLULU
Beds: 2 Baths: 1 SqFt: 674 Year: 1971 Zip: 96815
Listing Remarks
Exceptional Waikiki investment opportunity! This rare 2-bedroom, 1-bath leasehold condo with legal short-term rental (STR) status delivers outstanding income performance, grossing over $116,000 in 2025! A true turn-key opportunity ideal for investors or owner-users seeking strong potential cash flow in the heart of Waikiki. Fully furnished and turn-key, the unit has been beautifully renovated with modern finishes, thoughtful design, and an ideal sleeping arrangement designed to maximize rental performance. Enjoy year-round comfort with a split AC system and relax on your private patio with outdoor seating, overlooking a tranquil canal view. The building features desirable amenities including a swimming pool and BBQ area, and water, cable and Internet are included in the maintenance fee. Seller currently rents parking from a nearby building. Conveniently located in Waikiki, just moments from shopping, dining, beaches, and entertainment. Leasehold property - Long lease til 2041, offering an outstanding opportunity to own a high-performing property in one of Honolulu’s most sought-after destinations.
Address: 1909 ALA WAI BOULEVARD 804 HONOLULU HI 96815
Listing Courtesy of VYBE HAWAII
Listing Photos
Community: ROYAL ALOHA ... Listing 1 of 9
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Last Updated: 2026-01-27