$185,000
 $993 est/mo Sourced by Back At You

1909 Ala Wai Boulevard 1003,Honolulu, HI 96815

Honolulu, HI 96815

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Description

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.

Details

MLS #202600464
Listing TypeFor Sale
StyleCondominium
Building NameRoyal Aloha
Sub-TypeResale
StatusActive
Year1971
Days On Site220
Listing Provided ByDamon HI Pac Intl Prop LLC | Damon B Rhys

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet513
ZoningX6 - Resort Mixed Use Precinct
Property ViewCanal, City, Mountains

Exterior

Construction MaterialsConcrete

Interior

InclusionsAC Central, Refrigerator

Other

Community FeaturesBarbecue, Community Pool, Deck Porch, Laundry Facilities, Patio, Pool, Trash Chute
Security FeaturesSecurity Guard

Taxes

Property3090

Area Information

StateHI
CountyOahu
CityHonolulu
Zip Code96815
AreaOahu
Community NameWAIKIKI
School DistrictKaimuki
Elementary SchoolAla Wai
High SchoolKaimuki
Listing VS Median (in WAIKIKI)
Price:
$185,000
low | high
Med:
$449,000
92.702702702703% of Average
sqft:
513
low | high
Med:
2,422
100% of Average
$ / sqft:
$361
low | high
Med:
$185
98.593523333408% of Average
On site:
220
low | high
Med:
571
38.528896672504% of Average
Sourced by Back At You

Market Activity 96815

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Learn More About This Property

StateHI
CountyOahu
CityHonolulu
Zip Code96815
AreaOahu
Community NameWAIKIKI
School DistrictKaimuki
Elementary SchoolAla Wai
High SchoolKaimuki
Listing VS Median (in WAIKIKI)
Price:
$185,000
low | high
Med:
$449,000
92.702702702703% of Average
sqft:
513
low | high
Med:
2,422
100% of Average
$ / sqft:
$361
low | high
Med:
$185
98.593523333408% of Average
On site:
220
low | high
Med:
571
38.528896672504% of Average
Sourced by Back At You
Listing Updated: July 14, 2026 at 2:19:58 PM PDT