Excellent investment opportunity in the heart of Waikiki! This spacious 1-bedroom unit on the 29th floor offers beautiful ocean views and an outstanding income-producing history, making it an ideal choice for investors or those seeking a vacation home with strong rental potential. Completely renovated in 2024, the unit features modern finishes throughout and a newly installed split A/C system for enhanced comfort and energy efficiency. The open layout is bright and inviting, creating the perfect island retreat for guests and owners alike. Located at the highly desirable Island Colony, just steps from world-famous Waikiki Beach, International Market Place, Royal Hawaiian Center, Ala Wai Canal, shopping, dining, entertainment, and public transportation. Residents and guests enjoy resort-style amenities including a large swimming pool, hot tub, sauna, fitness center, BBQ area, convenience store, and 24-hour security. Turnkey and ready to generate income from day onedon’t miss this rare opportunity to own a beautifully updated Waikiki property with excellent cash flow and spectacular ocean views.
| MLS # | 202614880 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | Island Colony |
| Sub-Type | Resale |
| Status | Active |
| Year | 1979 |
| Days On Site | 17 |
| Listing Provided By | Five Star Realty, Inc. | Joy L Xie |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 570 |
| Zoning | X2 - Apartment Precinct |
| Property View | GolfCourse, Mountains, Ocean |
| Construction Materials | Concrete |
|---|
| Inclusions | AC Split, Cable TV, Disposal, Kitchenware, Microwave Hood, Refrigerator |
|---|
| Community Features | Barbecue, Community Pool, Conference Meeting Room, Deck Porch, Fitness, Laundry Facilities, Patio, Sauna, Trash Chute |
|---|---|
| Security Features | Elevator Secured, Key Card Entry, Fire Sprinkler System, Security Guard |
| Property | 6948 |
|---|
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96815 |
| Area | Oahu |
| Community Name | WAIKIKI |
| School District | Kaimuki |
| Elementary School | Jefferson |
| High School | Kaimuki |
| Listing VS Median (in WAIKIKI) | |
Price: $549,000 low | high Med: $449,000 sqft: 570 low | high Med: 546 $ / sqft: $963 low | high Med: $822 On site: 17 low | high Med: 283 | |
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96815 |
| Area | Oahu |
| Community Name | WAIKIKI |
| School District | Kaimuki |
| Elementary School | Jefferson |
| High School | Kaimuki |
| Listing VS Median (in WAIKIKI) | |
Price: $549,000 low | high Med: $449,000 sqft: 570 low | high Med: 546 $ / sqft: $963 low | high Med: $822 On site: 17 low | high Med: 283 | |