| Description | Seize the chance to own a piece of paradise in Waikiki for under $100,000 until 2035! Located in the secure and well-maintained Inn on the Park, this high-rise LEASEHOLD property is LEGALLY APPROVED for short-term rentals, making it perfect for platforms like Airbnb and Vrbo. This corner “02” unit offers added privacy, a balcony for tropical breezes, and in-unit fire sprinklers. Fully furnished and move-in ready, it’s a turnkey opportunity for investors or those looking to enjoy a vacation getaway while generating rental income. The carpet in the unit was replaced with waterproof laminate flooring in January 2025. Minutes from Waikiki Beach, Hilton Hawaiian Village, Fort DeRussy Park, and the Ala Moana Shopping Center, ensuring consistent guest demand year-round. Maintenance fee includes everything except the Internet. Total Monthly Costs: $903.68 Don’t miss out on this high-return investment in Hawaii’s bustling vacation rental market. Your tropical income property awaits! |
|---|---|
| Status | Sold since 02-03-2025 |
| MLS# | 202502839 |
| Price | $96,800 |
| Original Price | $96,800 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 281 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $661 |
| Building | Inn On The Park |
| Address | 1920 Ala Moana Boulevard 1202 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 3 |
| Year Built | 1978 |
| Condition | Average |
| View | City |
| Frontage | Other |
| Parking | None |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Elementary | Jefferson |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $94 |
| Assessed Land | $56,100 |
| Assessed Building | $267,700 |
| Assessed Total | $323,800 |
| Assessed Ratio | 30% |
| Inclusions | AC Window Unit, Book Shelves, Drapes, Linens, Microwave, Refrigerator |
| Amenities | BBQ, Community Association Pool, Community Laundry, Fire Sprinkler, Patio/Deck, Resident Manager, Security Guard |
| Construction | Above Ground, Concrete |
| Flooring | Ceramic Tile, Laminate |
| Disclosures | Non Resident Owner |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Keyed Elevator, Security Patrol, Video |
| Leasehold | Lease rent $242 / 2035 · Buy fee |
| Parcel # | 1-2-6-007-026-0101 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 04-04-2025 | 202502839 | Sold | C | S | $96,800 | $95,000 | $323,800 | $56,100 | $267,700 |
| 02-06-2025 | 202502839 | Active Under Contract | A | C | $96,800 | $95,000 | $323,800 | $56,100 | $267,700 |
| 02-04-2025 | 202502839 | New Listing | CS | A | $96,800 | $95,000 | $323,800 | $56,100 | $267,700 |
| 09-16-2020 | 202011366 | Withdrawn | A | W | $87,000 | $0 | $222,600 | $44,300 | $178,300 |
| 08-03-2020 | 202011366 | Price Decrease | $89,000 | $87,000 | $87,000 | $0 | $222,600 | $44,300 | $178,300 |
| 05-25-2020 | 202011366 | New Listing | CS | A | $87,000 | $0 | $222,600 | $44,300 | $178,300 |
| 05-24-2020 | 202011366 | Coming Soon | I | CS | $87,000 | $0 | $222,600 | $44,300 | $178,300 |
| 12-07-2017 | 201714116 | Sold | P | S | $84,000 | $72,000 | $169,500 | $29,500 | $140,000 |
| 11-19-2017 | 201714116 | In Escrow Not Showing | A | P | $84,000 | $72,000 | $169,500 | $29,500 | $140,000 |
| 08-16-2017 | 201714116 | Price Decrease | $88,000 | $84,000 | $84,000 | $72,000 | $169,500 | $29,500 | $140,000 |
| 06-27-2017 | 201714116 | $88,000 | $84,000 | $72,000 | $169,500 | $29,500 | $140,000 | ||
| 06-27-2017 | 201714116 | New Listing | A | $84,000 | $72,000 | $169,500 | $29,500 | $140,000 | |
| 01-30-2002 | 2111459 | Pending | A | P | $49,900 | $46,950 | $53,000 | $18,300 | $34,700 |
| 10-02-2001 | 2108107 | Sold | P | S | $31,000 | $31,000 | $53,000 | $18,300 | $34,700 |
| 08-25-2001 | 2108107 | Pending | A | P | $31,000 | $31,000 | $53,000 | $18,300 | $34,700 |
| 08-11-2001 | 2108107 | New Listing | A | $31,000 | $31,000 | $53,000 | $18,300 | $34,700 |
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