Legal vacation rental with great bookings, bringing in very strong rental income and 70-77% booking rates the last 3 years. Income before HOA and property taxes (with misc GET, TAT, OTAT, management fees, etc already accounted for): 2023 - $83,110.34, 2024 -$101,843.26, 2025 - $77,843.16. Direct views of Hawaiian sunsets, sailboats, and the Pacific Ocean...this what this amazing income producing corner unit at the Ilikai offers. The -10 stack looks straight out at the horizon and high enough to offer a blend of cool blue ocean and soothing green treetop views. At 1000sf, this 2-bedroom, 2-bathroom layout features an expansive living room to maximize light and ocean views flanked by two en suites at opposite ends of the unit. An open kitchen also looks out to the boat harbor and two large lanais offer outdoor living space as well. Resilient tile floors throughout, stainless steel kitchen appliances, and cooled by split A/C's. Fully furnished and currently in a vacation rental pool with fantastic bookings. Here is your opportunity to own your piece of paradise while subsidizing the cost!
224 days
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Zillow last checked:
Listing updated:
Listed by:
James S Chan808-551-7966,
Compass
Source: HiCentral MLS,MLS#: 202528113
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Features
Flooring: Ceramic Tile
Furnished: Yes
Common walls with other units/homes: End Unit
Interior area
Total structure area: 1,240
Total interior livable area: 1,000 sqft
Property
Parking
Parking features: None, Valet
Features
Has view: Yes
View description: Canal, Ocean, Sunset
Has water view: Yes
Water view: Canal,Ocean
Details
Parcel number: 1260100070038
Zoning description: X6 - Resort Mixed Use Precinct
Special conditions: None
Construction
Type & style
Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Materials
Double Wall, Concrete
Condition
Excellent,Updated/Remodeled
New construction: No
Year built: 1965
Major remodel year: 2024
Community & HOA
Community
Features: Concierge, Deck/Porch, Laundry Facilities, Patio, Pool, Restaurant
Security: Closed Circuit Camera(s), Fire Sprinkler System, Security Guard
Subdivision: Waikiki
HOA
Amenities included: Concierge
Services included: Common Areas, Cable TV, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Water
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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