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.
| MLS # | 202600464 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | Royal Aloha |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 220 |
| Listing Provided By | Damon HI Pac Intl Prop LLC | Damon B Rhys |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 513 |
| Zoning | X6 - Resort Mixed Use Precinct |
| Property View | Canal, City, Mountains |
| Construction Materials | Concrete |
|---|
| Inclusions | AC Central, Refrigerator |
|---|
| Community Features | Barbecue, Community Pool, Deck Porch, Laundry Facilities, Patio, Pool, Trash Chute |
|---|---|
| Security Features | Security Guard |
| Property | 3090 |
|---|
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96815 |
| Area | Oahu |
| Community Name | WAIKIKI |
| School District | Kaimuki |
| Elementary School | Ala Wai |
| High School | Kaimuki |
| Listing VS Median (in WAIKIKI) | |
Price: $185,000 low | high Med: $449,000 sqft: 513 low | high Med: 2,422 $ / sqft: $361 low | high Med: $185 On site: 220 low | high Med: 571 | |
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96815 |
| Area | Oahu |
| Community Name | WAIKIKI |
| School District | Kaimuki |
| Elementary School | Ala Wai |
| High School | Kaimuki |
| Listing VS Median (in WAIKIKI) | |
Price: $185,000 low | high Med: $449,000 sqft: 513 low | high Med: 2,422 $ / sqft: $361 low | high Med: $185 On site: 220 low | high Med: 571 | |