1909 Ala Wai Boulevard Unit 1003, Honolulu, HI 96815

$185,000
1
BD
1
BA
513
SqFt

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List Price
$185,000
Status
ACTIVE
Days on Market
207
MLS#
202600464
Subtype
Residential
Style
High Rise
Year Built
1971
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
513
Lot Size
30,928
Subdivision
Waikiki
Neighborhood
Waikiki
Building Name
Royal Aloha
MLS Area Major
Metro
Land Tenure
LH - Leasehold

Property Description

DESIRABLE LEGAL SHORT-TERM VACATION RENTAL OPPORTUNITY IN WAIKIKI with a proven track record of strong occupancy and consistent rental activity. Welcome to Royal Aloha, one of the few resort-zoned buildings in Waikiki allowing legal daily rentals - an increasingly rare and valuable designation. This rarely available 1-bedroom stands out as most units in the building are 2-bedroom layouts, offering a more accessible entry point for investors seeking income potential in a high-demand location. Located on the 9th floor, the unit enjoys city, Ala Wai Canal, and mountain views, along with a full kitchen and efficient, guest-friendly layout. Offered turnkey and ready to rent, making for a seamless transition for the next owner. Royal Aloha is a secured building with on-site management and amenities including a pool, BBQ area, and lounge spaces, with community laundry on each floor and in the basement. Pet-friendly and ideally situated near Ala Moana, beaches, dining, shopping, and bus lines. Leasehold property with approximately 15 years remaining - an attractive opportunity for investors seeking strong cash flow at a lower entry price. Parking may be available for rent nearby.

Additional Information

Amenities
Management
Taxes
$3,090
Building Name
Royal Aloha
Property Description
High Rise
Flooring
Laminate, Vinyl
Air Conditioning
Central Air
Parking Features
None
Elementary School
Ala Wai
Middle School
Washington
High School
Kaimuki
View
Canal, City, Mountain(s)

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Listing courtesy of Listing Agent: Damon B Rhys (damon@hawaiidamon.com) from Listing Office: Damon HI Pac Intl Prop LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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