| Description | PRICED TO SELL! Turnkey 2BR Legal Short-Term Rental in Waikiki. An incredible investment opportunity in the heart of Waikiki! Finding a 2-bedroom, 1-bathroom layout in a legal resort-zoned building with proven rental potential (up to $100k/year in 2025) Located at the beginning of Kalakaua Avenue in the desirable Royal Aloha, this leasehold condo is within easy walking distance to world-famous Waikiki Beach, local dining, and shopping. This rare corner-end unit offers extra privacy and comfort, complete with its own secured entry gate. Thoughtfully updated and move-in ready, it features fresh interior paint, vinyl plank flooring, new closet doors, and stylish finishes throughout. |
|---|---|
| Status | Active since 06-11-2026 |
| MLS# | 202611399 |
| Price | $275,000 |
| Original Price | $290,000 |
| Price Change | $-15,000 (-5.17%) |
| Beds / Baths / Half | 2 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 674 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $778 |
| Lanai Sq Ft | 50 |
| Building | Royal Aloha |
| Address | 1909 Ala Wai Boulevard 601 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 109 |
| Year Built | 1971 |
| Year Remodeled | 2023 |
| Condition | Excellent |
| View | City, Marina/Canal, Sunrise, Sunset |
| Frontage | Other |
| Parking | Street |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone AO |
| Tax Amount | $142 |
| Assessed Land | $185,500 |
| Assessed Building | $250,600 |
| Assessed Total | $436,100 |
| Assessed Ratio | 63% |
| Inclusions | AC Window Unit, Ceiling Fan, Kitchenware, Microwave, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Pool on Property, Resident Manager, Trash Chute |
| Construction | Brick, Concrete |
| Flooring | Vinyl |
| Disclosures | Mixed Use OK |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Keyed Elevator |
| Leasehold | Lease rent $402 / 2041 · Buy fee |
| Parcel # | 1-2-6-014-026-0042 |
| Listing courtesy of | HD Realty Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-20-2026 | 202611399 | Price Decrease | $290,000 | $275,000 | $275,000 | $0 | $436,100 | $185,500 | $250,600 |
| 06-11-2026 | 202611399 | New Listing | CS | A | $275,000 | $0 | $436,100 | $185,500 | $250,600 |
| 06-11-2026 | 202611399 | Price Increase | $290 | $290,000 | $275,000 | $0 | $436,100 | $185,500 | $250,600 |
| 06-11-2026 | 202611399 | Coming Soon | CS | $275,000 | $0 | $436,100 | $185,500 | $250,600 | |
| 04-08-2023 | 202306208 | Sold | C | S | $275,000 | $275,000 | $400,700 | $278,200 | $122,500 |
| 03-15-2023 | 202306208 | Active Under Contract | A | C | $275,000 | $275,000 | $400,700 | $278,200 | $122,500 |
| 03-15-2023 | 202306208 | New Listing | A | $275,000 | $275,000 | $400,700 | $278,200 | $122,500 | |
| 04-04-2019 | 201827742 | Sold | C | S | $189,000 | $185,000 | $329,800 | $227,700 | $102,100 |
| 02-24-2019 | 201827742 | In Escrow Showing | A | C | $189,000 | $185,000 | $329,800 | $227,700 | $102,100 |
| 01-25-2019 | 201827742 | Price Decrease | $194,000 | $189,000 | $189,000 | $185,000 | $329,800 | $227,700 | $102,100 |
| 01-04-2019 | 201827742 | Price Decrease | $199,000 | $194,000 | $189,000 | $185,000 | $329,800 | $227,700 | $102,100 |
| 10-21-2018 | 201827742 | New Listing | A | $189,000 | $185,000 | $329,800 | $227,700 | $102,100 | |
| 10-03-2009 | 2816107 | Expired | A | X | $263,000 | $0 | $361,300 | $98,900 | $262,400 |
| 10-06-2008 | 2816107 | New Listing | A | $263,000 | $0 | $361,300 | $98,900 | $262,400 | |
| 04-12-2008 | 2707176 | Expired | A | X | $275,000 | $0 | $282,600 | $43,100 | $239,500 |
| 04-12-2007 | 2707176 | New Listing | A | $275,000 | $0 | $282,600 | $43,100 | $239,500 |
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