Ilikai Marina
1765 Ala Moana Blvd #1487
Honolulu, HI 96815

For Sale
Active
List Price
$495,000 (FS)
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
55,016
Living (sf):
427
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
0 - None, Street
MLS #:
202322296
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-010-002-0179
List Date:

REMARKS:

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 INFORMATION:

Zoning:
X6 - Resort Mixed Use Precinct
Furnished:
--
Year Built:
1968
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$135,000
Assd. Val. Imprv:
$258,500
Assd. Val. Total:
$393,500
Tax Year:
2023
Monthly Taxes:
$115
Home Exempt.:
$0
Maintenance Fees:
$600/mo.
Association Fees:
$56/mo.
Other Fees:
--/mo.

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City, Mountain, Sunrise
Pool:
--
Amenities:
Community Laundry, Restaurant, Security Guard, Trash Chute
Inclusions:
AC Central, Cable TV, Range/Oven, Refrigerator, Smoke Detector
Security:
Key, Security Patrol, Video
Assn. Fee Inclusions:
AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:
--
Lot Description:
--
Topography:
--
Number of Stories:
15-20
Building Style:
High-Rise 7+ Stories
Property Condition:
Excellent
Construction:
Above Ground, Concrete, Double Wall, Slab
Roofing:
--
Floor Covering:
Ceramic Tile, Laminate
Disclosures:
Property Disclosure Stmt
Possession:
45 Days or More, At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Land Court
Exclusions:
--
Easements:
--
Set-Backs:
--
Compensation*:
2.25
Compensation Type:
%

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, April 30, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Redfin Corporation