Welcome to this oceanfront Blue Hawaiian Cottage; a great place to live & a wonderful investment opportunity to generate passive income through legal short & long-term rental. It is located in a safe oceanfront building with 24-hour security & an onsite parking garage. The neighborhood is vibrant & convenient with many restaurants & shops within walking distance. With great restrictions placed on Short-term rentals, this apartment became invaluable as it is one of the rare oceanfront properties that can be legally rented on a day-to-day basis. Year-round high rental demand & great reviews from guests for its proximity to the ocean & world-class surf spots. This precious apartment is customized with blue Hawaii decoration, it has a laminated wood floor, a king-size Tempur-Pedic mattress bed & a full-size sofa bed. The lanai looks at the beautiful Hawaiian mountains as the apartment cools by tradewinds. The recently installed air conditioner is fully paid off. Invest in this little gem that is free & clear of any future rental reservations. Start the new year with a great source of passive income.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1 / 0
- Full Bathrooms: 1
Interior Features
- Flooring: Ceramic Tile, Laminate
Land Info
- Lot Size Acres: 1.2629936
- Lot Size Square Feet: 55016
Garage and Parking
Home Features
- View: City, Mountain, Sunrise
Homeowners Association
- Association: Yes
- Association Fee: 56
- Calculated Total Monthly Association Fees: 56
- Maintenance Expense: 600.00
Amenities and Community Features
- Community Features: Community Laundry, Restaurant, Security Guard, Trash Chute
Other Property Info
- Central AC
- Odd# Unit
- Single Level
- Annual Tax Amount: 1380.00
- Source Listing Status: Active
- Source Property Type: Condo/Townhouse
- Inclusions: AC Central, Cable TV, Range/Oven, Refrigerator, Smoke Detector
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Ownership Type: Fee Simple
- Parcel Number: 1-2-6-10-2-179
- Subdivision: WAIKIKI
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 427
- Year Built: 1968
- Building Name: Ilikai Marina
- Construction Materials: Above Ground, Concrete, Double Wall, Slab
- Entry Level: 14
- Property Age: 56
- Property Condition: Excellent
- Levels or Stories: 15-20
- House Style: High-Rise 7+ Stories