PRICED TO SELL - Exceptional 2026 Opportunity with Strong Upside Potential. This rare penthouse residence at Royal Iolani presents a compelling value for investors and end-users seeking post-vacancy upside in a prime Honolulu location. Royal Iolani is a well-known twin-tower condominium situated directly next to Iolani School. Each 40-story tower features only four units per floor, offering larger floor plans. The unit includes one conveniently located parking stall near the entrance gate. Residents enjoy resort-style amenities such as landscaped gardens, swimming pool, BBQ areas, party room, fitness center, sauna, dog park, tennis courts, and ample guest parking. The building is well maintained, electricity is included in the maintenance fee, and the exterior renovation has recently been completed. Offered in AS IS condition, this penthouse represents an ideal renovation opportunity to add immediate value. The current tenant is scheduled to vacate on February 28, 2026. Showings are available by appointment. Rare penthouse inventory, motivated pricing, and clear value-add potential - priced to sell and ready for its next chapter in 2026.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Flooring: Carpet, Ceramic Tile, Vinyl
Pool and Spa
Garage and Parking
- Parking Features: Assigned
- Parking Total: 1
Home Features
- View: Canal, City, Golf Course, Mountain(s), Ocean, Sunset, Sunrise
- Security Features: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Fire Sprinkler System, Security Guard
Homeowners Association
- Association Amenities: Management
- Association Fee Includes: Cable TV, Electricity, HVAC, Hot Water, Sewer, Water
- Association Name: The Royal Iolani
- Maintenance Expense: 1442.45
Amenities and Community Features
- Community Features: Barbecue, Clubhouse, Community Pool, Deck/Porch, Dog Park, Fitness, Patio, Pool, Sauna, Tennis Court(s), Trash Chute
Other Property Info
- Annual Tax Amount: 2283
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Central,Cable TV,Disposal,Dryer,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer,Water Heater
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAPIOLANI
- Parcel Number: 1-2-7-020-009-0293
- Postal City: Honolulu
- Subdivision: KAPIOLANI
- Zoning Description: 13 - A-3 High Density Apartment
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 792
- Year Built: 1978
- Building Area Total: 1085
- Building Name: Royal Iolani
- Construction Materials: Concrete
- Entry Level: 40
- Property Age: 48
- Property Condition: Good Condition
- Architectural Style: High Rise, Penthouse