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    • $405,000

    1850 Ala Moana Blvd #816, Honolulu, HI 96815

    0beds
    321sqft
    Condominium
    Built in 1970
    -- sqft lot
    $405,000 Zestimate®
    $1,262/sqft
    $1,911 Estimated rent

    Home value

    $405,000

    $385,000 - $425,000

    $1,911/mo

    Zestimate® history
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    What's special

    Unit 816 at the Palms at Waikiki offers a rare opportunity to own a legal, turnkey short-term rental with strong income history and deeded parking. One of the larger studio layouts in the building, this fully renovated unit is ready for immediate use and can be self-managed or placed into the hotel rental pool. The southeast-facing orientation captures views of Diamond Head, ocean, city Skyline, which consistently appeals to guests and supports strong nightly rates. The unit has a proven performance record, generating approximately $63,000+ in annual gross income with a 4.96-star rating, over 80 reviews, and roughly 90% occupancy. Renovated in 2020 as part of the hotel refresh program, the unit features custom upgrades that set it apart from standard inventory. Owners and guests enjoy access to quaint hotel amenities including a pool, BBQ area, fitness center, laundry facilities, front desk services, bell service, and 24-hour security. Located at the gateway to Waikiki and just blocks from Kahanamoku Beach, shopping, dining, and world-class resorts, this property offers flexibility for continued rental income, personal use, or future resale of a high-demand condotel with parking.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jahsiah Sai Aldana 808-561-0391,

    BHGRE Refined,

    Kamalani Sullivan 808-219-1989,

    BHGRE Refined

    Bought with:

    Sanni Lai Shan Tribler, RS-86376

    Hawaii Living LLC

    Source: HiCentral MLS,MLS#: 202601604MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Central Air
    Features
    • Bedroom on Main Level, Full Bath on Main Level, Handicap Access, Single Living Level
    • Flooring: Carpet, Ceramic Tile
    Interior area
    • Total structure area: 363
    • Total interior livable area: 321 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, One Space, Secured
    Features
    • Levels: One
    • Has view: Yes
    • View description: City, Mountain(s), Ocean
    • Has water view: Yes
    • Water view: Ocean
    Details
    • Parcel number: 1260120030170
    • Zoning description: AM - Apartment Mixed Use
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • Excellent,Good Condition
    • New construction: No
    • Year built: 1970
    • Major remodel year: 2020

    Community & HOA

    Community
    • Features: Barbecue, Community Pool, Deck/Porch, Fitness, Patio, Condo Hotel Community
    • Security: Fire Sprinkler System
    • Subdivision: Waikiki
    HOA
    • Services included: Common Areas, Cable TV, Electricity, HVAC, Hot Water, Internet, Sewer, Water
    • HOA fee: $798 monthly
    Location
    • Region: Honolulu

    Financial & listing details

    • Price per square foot: $1,262/sqft
    • Tax assessed value: $415,300
    • Annual tax amount: $4,764
    • Date on market: 1/26/2026
    • Inclusions: AC Central, Blinds, Kitchenware, Linens, Refrigerator, Smoke Detector

    Price history

    DateEventPrice
    6/29/2026Sold$405,000-6.9%$1,262/sqft
    Source: HiCentral MLS #202601604 Report a problem
    6/1/2026Contingent$435,000$1,355/sqft
    Source: HiCentral MLS #202601604 Report a problem
    4/16/2026Price change$435,000-1.1%$1,355/sqft
    Source: HiCentral MLS #202601604 Report a problem
    1/26/2026Listed for sale$440,000+1.1%$1,371/sqft
    Source: HiCentral MLS #202601604 Report a problem
    12/17/2025Listing removed$435,000$1,355/sqft
    Source: HiCentral MLS #202524239 Report a problem
    10/24/2025Listed for sale$435,000-4.4%$1,355/sqft
    Source: HiCentral MLS #202524239 Report a problem
    10/24/2025Listing removed$455,000$1,417/sqft
    Source: HiCentral MLS #202520260 Report a problem
    10/10/2025Price change$455,000-2.2%$1,417/sqft
    Source: HiCentral MLS #202520260 Report a problem
    9/15/2025Listed for sale$465,000+14.8%$1,449/sqft
    Source: HiCentral MLS #202520260 Report a problem
    3/8/2023Contingent$405,000$1,262/sqft
    Source: HiCentral MLS #202300764 Report a problem
    3/1/2023Price change$405,000-1%$1,262/sqft
    Source: HiCentral MLS #202300764 Report a problem
    1/21/2023Listed for sale$409,000+18.6%$1,274/sqft
    Source: HiCentral MLS #202300764 Report a problem
    3/14/2022Contingent$345,000$1,075/sqft
    Source: HiCentral MLS #202202067 Report a problem
    2/2/2022Listed for sale$345,000+53.3%$1,075/sqft
    Source: HiCentral MLS #202202067 Report a problem
    6/12/2007Sold$225,000+22400%$701/sqft
    Source: Public Record Report a problem
    5/9/2007Sold$1,000-99.5%$3/sqft
    Source: Public Record Report a problem
    12/28/2006Sold$212,800$663/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,847 +4.2%$415,300 +4.2%
    2024$5,609 +17.7%$398,700 +17.6%
    2023$4,767 +8.1%$339,100 +8.1%
    2022$4,411 -0.8%$313,700 -0.9%
    2021$4,448 $316,500 +4.6%
    2020-- $302,600 +1.5%
    2019$4,192 +13.5%$298,200 +4.1%
    2018$3,695 +280.7%$286,400 +3.3%
    2017$971 -69.8%$277,300 +7%
    2016$3,214 +6.2%$259,200 +6.2%
    2015$3,027 +48.6%$244,100 +5.9%
    2014$2,037 $230,500
    Find assessor info on the county website

    Neighborhood: Waikiki

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