Hawaii Living

Ilikai Marina #1487 (Waikiki)

1 / 13

1765 Ala Moana Blvd #1487, Honolulu

Inquire / Showing / Video Tour
Call agent (808) 343-5000 or use contact form.
Waikiki has unique short-term rental rules. We are expert real estate agents who specialize in this market. Contact us when ready. 
Guide To Condotels.
Description
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.
Recent Activity
  • Feb 26, 2024 Price $495,000
  • Jan 04, 2024 Price $519,000
  • Nov 08, 2023 Listed at $539,000
Past Sales
  • #1486: 1 Bd | 1 Ba @ $733K (2/8/24)
  • #688: 1 Bd | 1 Ba @ $699K (12/11/23)
  • #484: 1 Bd | 1 Ba @ $735K (11/15/23)
  • #1787: Studio | 1 Ba @ $505K (10/24/23)
  • #1799: 1 Bd | 1 Ba @ $659K (9/26/23)
  • #1088: 1 Bd | 1 Ba @ $856K (9/14/23)
  • #1689: Studio | 1 Ba @ $475K (8/25/23)
  • #1894: 1 Bd | 1 Ba @ $875K (8/8/23)
  • #284: 1 Bd | 1 Ba @ $712K (7/14/23)
  • #1182: 1 Bd | 1 Ba @ $795K (6/22/23)
  • #1891: Studio | 1 Ba @ $498K (6/16/23)
  • #1682: 1 Bd | 1 Ba @ $810K (5/24/23)
  • #1297: Studio | 1 Ba @ $490K (4/27/23)
  • #1697: Studio | 1 Ba @ $488K (4/18/23)
  • #1883: Studio | 1 Ba @ $537K (4/18/23)
  • #1186: 1 Bd | 1 Ba @ $740K (3/20/23)
  • #1188: 1 Bd | 1 Ba @ $790K (11/15/22)
  • #1888: 1 Bd | 1 Ba @ $835K (10/14/22)
  • #288: 1 Bd | 1 Ba @ $730K (10/14/22)
  • #1295: Studio | 1 Ba @ $400K (9/6/22)
  • ##786: 1 Bd | 1 Ba @ $781K (7/27/22)
  • #1693: Studio | 1 Ba @ $415K (6/29/22)
  • #990: 1 Bd | 1 Ba @ $750K (6/29/22)
  • #1090: 1 Bd | 1 Ba @ $800K (5/31/22)
  • #1299: 1 Bd | 1 Ba @ $579K (5/6/22)
  • #588: 1 Bd | 1 Ba @ $750K (4/18/22)
  • #993: Studio | 1 Ba @ $399K (4/8/22)
  • #1882: 1 Bd | 1 Ba @ $795K (3/31/22)
  • #882: 1 Bd | 1 Ba @ $750K (2/14/22)
  • #1284: 1 Bd | 1 Ba @ $725K (12/30/21)
  • #885: Studio | 1 Ba @ $399K (10/28/21)
  • #891: Studio | 1 Ba @ $398K (9/7/21)
  • #1086: 1 Bd | 1 Ba @ $652K (8/17/21)
  • #492: 1 Bd | 1 Ba @ $668K (8/3/21)
  • #881: Studio | 1 Ba @ $365K (7/15/21)
  • #1782: 1 Bd | 1 Ba @ $751K (6/22/21)
  • #686: 1 Bd | 1 Ba @ $630K (5/24/21)
  • #981: Studio | 1 Ba @ $344K (5/3/21)
  • #1199: 1 Bd | 1 Ba @ $425K (3/23/21)
  • #1197: Studio | 1 Ba @ $357K (3/5/21)
  • #1180: 1 Bd | 1 Ba @ $755K (2/11/21)
  • #1184: 1 Bd | 1 Ba @ $679K (2/4/21)
  • #1784: 1 Bd | 1 Ba @ $691K (2/1/21)
  • #1791: Studio | 1 Ba @ $365K (1/15/21)
  • #1392: 1 Bd | 1 Ba @ $650K (1/7/21)
  • #1480: 1 Bd | 1 Ba @ $739K (4/20/20)
  • #1384: 1 Bd | 1 Ba @ $670K (3/23/20)
  • #hidden: 1 Bd | 1 Ba @ $650K (2/24/20)
  • #788: 1 Bd | 1 Ba @ $650K (1/21/20)
  • #1588: 1 Bd | 1 Ba @ $688K (12/27/19)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.41
  • Price / ft²: $1,159
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone AE
  • View: City, Mountain, Sunrise
  • Property Condition: Excellent
  • Owner Occupancy: 7%
  • Management Company: Hawaiian Prop
  • Security Features: Key, Security Patrol, Video
  • Amenities: Community Laundry, Restaurant, Security Guard, Trash Chute
  • TMK: 1-2-6-10-2-179
  • Tax Assessed Land: $135,000
  • Tax Assessed Improvements: $258,500
  • Tax Assessed Total: $393,500
  • Courtesy: Redfin Corporation / (808) 201-2821
  • MLS: 202322296
Ask Tanner a Question
Good to Know
Profile

A February 2018 Project Information Form reads: "New installations of laundry machines are not allowed in residential units at Ilikai Marina.  Existing laundry machine(s) must be removed prior to sale or change of o  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 04, 2024. Information is deemed reliable but not guaranteed.
  • Asking Price: $495,000

    $24,000 price drop 7 days ago

Description
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.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 04, 2024. Information is deemed reliable but not guaranteed.
    • Feb 26, 2024 Price $495,000
    • Jan 04, 2024 Price $519,000
    • Nov 08, 2023 Listed at $539,000
    Profile

    A February 2018 Project Information Form reads: "New installations of laundry machines are not allowed in residential units at Ilikai Marina.  Existing laundry machine(s) must be removed prior to sale or change of o  .....
    Read more.


    Other Ilikai Marina Listings
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.