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  • Price cut: $18K (6/1)
    $347,000

    1850 Ala Moana Blvd #220, Honolulu, HI 96815

    0beds
    291sqft
    : 
    $2,765/mo
    Get pre-qualified
    Condominium
    Built in 1970
    -- sqft lot
    $341,300 Zestimate®
    $1,192/sqft
    $723/mo HOA

    What's special

    Hardwired smoke detectorsAir-conditioned hallwaysFire sprinkler systemGround-floor restaurant
    Turnkey, fully furnished legal short-term rental at Palms at Waikiki on the desirable west end of Waikiki near Ala Moana Center and Waikiki Beach. Currently operating as a vacation rental with professional third-party management, offering immediate income potential. Seller fully paid off the $8,649.26 special assessment in Fall 2025. Building amenities include security patrol, a ground-floor restaurant, air-conditioned hallways, hardwired smoke detectors, and a fire sprinkler system. The maintenance fee covers central AC, electricity, internet, cable TV, water, and sewer, helping simplify expenses and improve cash-flow predictability. Conveniently located near shopping, dining, the Hawaii Yacht Club, and Waikiki’s weekly Friday night fireworks. Ideal for investors seeking a legal, income-producing property in one of Waikiki’s most recognized short-term rental buildings.
    166 days
    |
    41
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Annie Luo McCrea 808-788-1173,

    Coldwell Banker Realty

    Source: HiCentral MLS,MLS#: 202603857MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Central Air
      Features
      • Flooring: Laminate, Other
      • Furnished: Yes
      Interior area
      • Total structure area: 305
      • Total interior livable area: 291 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Has view: Yes
      • View description: None
      • Frontage type: Other
      Details
      • Parcel number: 1260120030021
      • Zoning description: AM - Apartment Mixed Use
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      Condition
      • Excellent,Good Condition
      • New construction: No
      • Year built: 1970

      Community & HOA

      Community
      • Features: Barbecue, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Restaurant
      • Security: Key Card Entry, Security Guard
      • Subdivision: Waikiki
      HOA
      • Services included: Cable TV, HVAC, Hot Water, Internet, Sewer, Water
      • HOA fee: $723 monthly
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $1,192/sqft
      • Tax assessed value: $341,000
      • Annual tax amount: $4,800
      • Date on market: 2/13/2026
      • Inclusions: AC Central, Cable TV, Microwave, Refrigerator, Smoke Detector

        Estimated market value

        $341,300

        $324,000 - $358,000

        $2,381/mo

        Price history

        DateEventPrice
        6/1/2026Price change$347,000-4.9%$1,192/sqft
        Source: HiCentral MLS #202603857 Report a problem
        4/20/2026Listing removed$4,635$16/sqft
        Source: Zillow Rentals Report a problem
        4/18/2026Listed for rent$4,635$16/sqft
        Source: Zillow Rentals Report a problem
        2/26/2026Price change$365,000+4.3%$1,254/sqft
        Source: HiCentral MLS #202603857 Report a problem
        2/14/2026Listed for sale$350,000+6.1%$1,203/sqft
        Source: HiCentral MLS #202603857 Report a problem
        8/26/2024Sold$330,000-4.9%$1,134/sqft
        Source: HiCentral MLS #202411439 Report a problem
        7/30/2024Contingent$347,000$1,192/sqft
        Source: HiCentral MLS #202411439 Report a problem
        5/25/2024Listed for sale$347,000+2.4%$1,192/sqft
        Source: HiCentral MLS #202411439 Report a problem
        1/1/2024Listing removed$339,000$1,165/sqft
        Source: HiCentral MLS #202314619 Report a problem
        9/13/2023Price change$339,000-2.3%$1,165/sqft
        Source: HiCentral MLS #202314619 Report a problem
        6/29/2023Listed for sale$347,000+57.7%$1,192/sqft
        Source: HiCentral MLS #202314619 Report a problem
        6/14/2018Sold$220,000-4.3%$756/sqft
        Source: Public Record Report a problem
        4/2/2018Listed for sale$230,000-8%$790/sqft
        Source: Coldwell Banker Pacific Prop. #201808457 Report a problem
        12/9/2017Listing removed$250,000$859/sqft
        Source: Coldwell Banker Pacific Properties - Waikiki #201719096 Report a problem
        9/8/2017Listed for sale$250,000+46.2%$859/sqft
        Source: C21 All Islands FH & E #201719096 Report a problem
        12/24/2014Sold$171,000+0.6%$588/sqft
        Source: Public Record Report a problem
        9/21/2007Sold$170,000+12.2%$584/sqft
        Source: Public Record Report a problem
        3/14/2005Sold$151,500$521/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,801 +10%$341,000 +9.9%
        2024$4,364 +9.7%$310,200 +9.7%
        2023$3,977 +14%$282,900 +14%
        2022$3,489 +6.8%$248,100 +6.8%
        2021$3,266 +4.8%$232,400 +4.8%
        2020$3,118 +0.9%$221,800 +1%
        2019$3,089 +16.4%$219,700 +6.8%
        2018$2,654 +4.3%$205,700 +0.2%
        2017$2,544 +11.5%$205,200 +11.5%
        2016$2,283 +4.6%$184,100 +4.6%
        2015$2,182 +59.2%$176,000 +10.4%
        2014$1,371 $159,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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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        Climate risks

        Neighborhood: Waikiki

        Getting around

        93 / 100
        Walker's Paradise
        66 / 100
        Good Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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