This updated studio is a legal short-term rental located in a hotel-zoned building in Waikiki. Renovated in January 2024, the unit is offered turnkey and compares favorably to recent sales in the building, featuring a more modern interior and a lower monthly HOA fee of $420, enhancing operating efficiency for both investors and owner-users. With a consistent income history and strong passive income potential, this Fee Simple unit offers flexibility-owners may choose to self-manage or participate in the hotel rental pool. Building amenities include on-site laundry facilities, a swimming pool with a pool lift for accessibility, an outdoor shower, a fitness area, a BBQ, Wi-Fi lounge, ATM, ice and snack machines, front desk services, and security. Ideally located just blocks from world-famous Waikiki Beach, dining, shopping, and entertainment. Public transportation is nearby, and the newly opened Waikiki Market is conveniently located next door. The property is disability-accessible and mobility-friendly. Complimentary parking is available for up to two hours daily until 4:00 PM, with limited paid parking available after 4:00 PM.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Flooring: Ceramic Tile, Laminate
Exterior and Lot Features
School Information
- Elementary School: Jefferson
- High School: Kaimuki
- Middle School: Washington
Homeowners Association
- Association Amenities: Concierge, Management
- Association Fee Includes: Common Areas, Cable TV, Electricity, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Water
- Maintenance Expense: 422
Amenities and Community Features
- Community Features: Barbecue, Concierge, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Restaurant, Trash Chute
Other Property Info
- Annual Tax Amount: 1000
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit,Blinds,Cable TV,Chandelier,Drapes,Kitchenware,Linens,Microwave,Other,Refrigerator,Smoke Detector
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-021-016-0019
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 219
- Year Built: 1968
- Building Area Total: 219
- Building Name: Aloha Surf Hotel
- Construction Materials: Concrete
- Entry Level: 2
- Levels: One
- Property Age: 58
- Property Condition: Good Condition
- Levels or Stories: One
- Architectural Style: High Rise
Home Features
- Security Features: Fire Sprinkler System, Security Guard