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For Sale

$1,750,000

Ilikai Apartments

1777 Ala Moana Blvd Apt 510, Honolulu, HI 96815

  • 2Beds
  • 2Baths
  • 1000SqFt
  • 2Beds
  • 2Baths
  • 1000SqFt
  • Property Type
    Condo
  • Year Built
    1965
  • Price per Sqft
    $1750
  • On highrises
    45 Days

Property Details

Legal vacation rental with great bookings, bringing in very strong rental income and 70-77% booking rates the last 3 years. Income before HOA and property taxes (with misc GET, TAT, OTAT, management fees, etc already accounted for): 2023 - $83,110.34, 2024 -$101,843.26, 2025 - $77,843.16. Direct views of Hawaiian sunsets, sailboats, and the Pacific Ocean...this what this amazing income producing corner unit at the Ilikai offers. The -10 stack looks straight out at the horizon and high enough to offer a blend of cool blue ocean and soothing green treetop views. At 1000sf, this 2-bedroom, 2-bathroom layout features an expansive living room to maximize light and ocean views flanked by two en suites at opposite ends of the unit. An open kitchen also looks out to the boat harbor and two large lanais offer outdoor living space as well. Resilient tile floors throughout, stainless steel kitchen appliances, and cooled by split A/C's. Fully furnished and currently in a vacation rental pool with fantastic bookings. Here is your opportunity to own your piece of paradise while subsidizing the cost!

Property Features

Bedrooms

  • Bedrooms: 2
  • Presented by:
  • Chan James
  • state license#RB-20132

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