| Description | Priced to sell as seller is very motivated. The Palms Waikiki is a boutique hotel that represents the very best of Oahu. Meticulously maintained over the years, both the guest rooms and common areas are clean and welcoming, ensuring a comfortable stay. The fan coil units of the central air-conditioning system have just been replaced, so returning to your room from the outdoor heat, you’ll be greeted by a refreshingly cool and pleasant atmosphere. In 2020, the entire interior of this was renovated, during which the carpets, cabinets, closets, and furniture were all renewed. The location is ideal, offering the perfect balance of Ala Moana’s city lifestyle and Waikiki’s resort atmosphere. Smaller rooms like this unit are especially popular with investors, as they benefit from lower property taxes and maintenance fees. Despite its compact size, the unit is surprisingly well equipped, featuring a kitchenette with a microwave and refrigerator, a dining table with seating for two, a king-size bed comfortably suitable for two people, a closet, and even a bathroom with a bathtub. It is an ideal opportunity for those new to real estate investment. |
|---|---|
| Status | Active since 01-08-2026 |
| MLS# | 202528574 |
| Price | $230,000 |
| Original Price | $269,000 |
| Price Change | $-39,000 (-14.50%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 251 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $624 |
| Lanai Sq Ft | 14 |
| Building | Palms At Waikiki |
| Address | 1850 Ala Moana Boulevard 1017 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 262 |
| Year Built | 1970 |
| Condition | Excellent |
| View | City, Mountain, Ocean |
| Parking | None |
| Zoning | AM - Apartment Mixed Use |
| Flood Zone | Zone AE |
| Tax Amount | $376 |
| Assessed Land | $52,300 |
| Assessed Building | $267,700 |
| Assessed Total | $320,000 |
| Assessed Ratio | 72% |
| Inclusions | AC Central, Cable TV, Drapes, Microwave, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Restaurant |
| Construction | Concrete |
| Flooring | W/W Carpet |
| Disclosures | Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Card |
| Parcel # | 1-2-6-012-003-0223 |
| Listing courtesy of | Locations LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-27-2026 | 202528574 | Price Decrease | $269,000 | $230,000 | $230,000 | $0 | $320,000 | $52,300 | $267,700 |
| 01-08-2026 | 202528574 | New Listing | A | $230,000 | $0 | $320,000 | $52,300 | $267,700 | |
| 09-05-2018 | 201812532 | Sold | C | S | $218,800 | $208,000 | $197,000 | $37,800 | $159,000 |
| 08-11-2018 | 201812532 | In Escrow Showing | A | C | $218,800 | $208,000 | $197,000 | $37,800 | $159,000 |
| 07-10-2018 | 201812532 | Price Decrease | $228,000 | $218,800 | $218,800 | $208,000 | $197,000 | $37,800 | $159,000 |
| 05-10-2018 | 201812532 | New Listing | A | $218,800 | $208,000 | $197,000 | $37,800 | $159,000 | |
| 12-28-2007 | 2716916 | Sold | C | S | $175,000 | $165,000 | $168,300 | $16,600 | $151,700 |
| 11-30-2007 | 2716916 | Active Continue to Show | A | C | $175,000 | $165,000 | $168,300 | $16,600 | $151,700 |
| 09-14-2007 | 2716916 | New Listing | A | $175,000 | $165,000 | $168,300 | $16,600 | $151,700 | |
| 06-30-2007 | 2700262 | Expired | A | X | $195,000 | $0 | $168,300 | $16,600 | $151,700 |
| 01-03-2007 | 2700262 | New Listing | A | $195,000 | $0 | $168,300 | $16,600 | $151,700 | |
| 12-08-2005 | 2521182 | Sold | A | S | $165,500 | $165,500 | $0 | $0 | $0 |
| 12-08-2005 | 2521182 | New Listing | A | $165,500 | $165,500 | $0 | $0 | $0 |
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