DESIRABLE LEGAL SHORT-TERM VACATION RENTAL OPPORTUNITY IN WAIKIKI with a proven track record of strong occupancy and consistent rental activity. Welcome to Royal Aloha, one of the few resort-zoned buildings in Waikiki allowing legal daily rentals - an increasingly rare and valuable designation. This rarely available 1-bedroom stands out as most units in the building are 2-bedroom layouts, offering a more accessible entry point for investors seeking income potential in a high-demand location. Located on the 9th floor, the unit enjoys city, Ala Wai Canal, and mountain views, along with a full kitchen and efficient, guest-friendly layout. Offered turnkey and ready to rent, making for a seamless transition for the next owner. Royal Aloha is a secured building with on-site management and amenities including a pool, BBQ area, and lounge spaces, with community laundry on each floor and in the basement. Pet-friendly and ideally situated near Ala Moana, beaches, dining, shopping, and bus lines. Leasehold property with approximately 15 years remaining - an attractive opportunity for investors seeking strong cash flow at a lower entry price. Parking may be available for rent nearby.
Active
$185,000
1909 Ala Wai Blvd APT 1003, Honolulu, HI 96815
1beds
513sqft
Condominium
Built in 1971
-- sqft lot
$-- Zestimate®
$361/sqft
$596/mo HOA
What's special
- 240 days
- 502
- 33
Zillow last checked:
Listing updated:
Listed by:
Damon B Rhys 808-358-2331,
Damon HI Pac Intl Prop LLC
Source: HiCentral MLS,MLS#: 202600464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Central Air
Features
- Flooring: Laminate, Vinyl
- Furnished: Yes
Interior area
- Total structure area: 566
- Total interior livable area: 513 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: Canal, City, Mountain(s)
- Has water view: Yes
- Water view: Canal
- Frontage type: Other
Details
- Parcel number: 1260140260084
- Zoning description: X6 - Resort Mixed Use Precinct
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
Materials
- Concrete
Condition
- Excellent,Updated/Remodeled
- New construction: No
- Year built: 1971
- Major remodel year: 2016
Community & HOA
Community
- Features: Barbecue, Community Pool, Deck/Porch, Laundry Facilities, Patio, Pool, Trash Chute
- Security: Security Guard
- Subdivision: Waikiki
HOA
- Amenities included: Management
- Services included: Cable TV, HVAC, Internet, Sewer, Water
- HOA fee: $596 monthly
- HOA name: Royal Aloha Aoao
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $361/sqft
- Tax assessed value: $336,300
- Annual tax amount: $3,090
- Date on market: 1/13/2026
- Inclusions: AC Central, Refrigerator
Estimated market value
Not available
Estimated sales range
Not available
$2,475/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Listed for sale | $185,000+330.2%$361/sqft |
Source: | ||
| 6/27/2017 | Sold | $43,000-64.8%$84/sqft |
Source: Public Record Report a problem | ||
| 5/10/2016 | Sold | $122,000-2%$238/sqft |
Source: Public Record Report a problem | ||
| 2/23/2016 | Listing removed | $1,600$3/sqft |
Source: Hawaiian Monarch Realty Report a problem | ||
| 2/23/2016 | Listed for sale | $124,500$243/sqft |
Source: Hawaiian Monarch Realty Inc. #201603932 Report a problem | ||
| 2/20/2016 | Listed for rent | $1,600$3/sqft |
Source: Hawaiian Monarch Realty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $336,300 -5.4% |
| 2025 | $3,263 | $355,500 +4.1% |
| 2024 | -- | $341,500 +7% |
| 2023 | -- | $319,100 +6.2% |
| 2022 | -- | $300,600 -1.3% |
| 2021 | -- | $304,700 -10.8% |
| 2020 | -- | $341,700 -2.6% |
| 2019 | $1,228 +5.8% | $350,800 +5.8% |
| 2018 | $1,161 +15.8% | $331,700 +15.8% |
| 2017 | $1,003 +8.8% | $286,500 +8.8% |
| 2016 | $922 +8.6% | $263,400 +8.6% |
| 2015 | $849 +15.4% | $242,500 +4.7% |
| 2014 | $735 | $231,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Waikiki
Nearby schools
Schools provided by the listing agent
- Elementary: Ala Wai
- Middle: Washington
- High: Kaimuki
Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






