Hawaii Living

Inn On The Park #1202 (Waikiki)

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1920 Ala Moana Blvd #1202, Honolulu

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!
Past Activity
  • Apr 04, 2025 Sold for $95,000
  • Feb 06, 2025 Under Contract
  • Feb 04, 2025 Listed at $96,800
  • Sep 16, 2020 Off Market
  • Aug 03, 2020 Price $87,000
  • May 25, 2020 Listed at $89,000
  • Dec 07, 2017 Sold for $72,000
  • Nov 19, 2017 Under Contract
  • Aug 16, 2017 Price $84,000
  • Jun 27, 2017 Listed at $88,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.35
  • Price / ft²: $338
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City
  • Property Condition: Average
  • Owner Occupancy: 10%
  • Management Company: Hawaiian Properties
  • Security Features: Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Association Pool, Community Laundry, Fire Sprinkler, Patio/Deck, Resident Manager, Security Guard
  • TMK: 1-2-6-7-26-101
  • Tax Assessed Land: $56,100
  • Tax Assessed Improvements: $267,700
  • Tax Assessed Total: $323,800
  • Courtesy: Coldwell Banker Realty / (808) 738-3904
  • MLS: 202502839
About Inn On The Park

Inn on the Park, a secured building with a keyed elevator, community laundry, and security guard, sits across Ala Moana Blvd from Fort DeRussy Park, near the junction with Kalakaua Ave, linking Waikiki’s two main hubs. This is a leasehold property with a lease expiry inn 2035.

Units

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on June 24, 2025.Information is deemed reliable but not guaranteed.
Other Inn On The Park Listings
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Leasehold
$105,000
Inn On The Park #1210
Studio | 1 Ba
320 ft²
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Leasehold
$139,900
Inn On The Park #910
Studio | 1 Ba
320 ft²
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Leasehold
$140,000
Inn On The Park #2013
Studio | 1 Ba
315 ft²
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Leasehold
$145,000
Inn On The Park #1009
Studio | 1 Ba
317 ft²
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!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on June 24, 2025.Information is deemed reliable but not guaranteed.

Inn on the Park, a secured building with a keyed elevator, community laundry, and security guard, sits across Ala Moana Blvd from Fort DeRussy Park, near the junction with Kalakaua Ave, linking Waikiki’s two main hubs. This is a leasehold property with a lease expiry inn 2035.

Units

Other Inn On The Park Listings
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Leasehold
$105,000
Inn On The Park #1210
Studio | 1 Ba
320 ft²
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Leasehold
$139,900
Inn On The Park #910
Studio | 1 Ba
320 ft²
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Leasehold
$140,000
Inn On The Park #2013
Studio | 1 Ba
315 ft²
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Leasehold
$145,000
Inn On The Park #1009
Studio | 1 Ba
317 ft²
 
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.
Leasehold Expiry: 06/30/35
Buyer and Seller have reached an agreement and are under contract. The sale may be 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.