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  • $185,000

    1909 Ala Wai Blvd APT 1003, Honolulu, HI 96815

    1beds
    513sqft
    : 
    $1,747/mo
    Get pre-qualified
    Condominium
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $361/sqft
    $596/mo HOA

    What's special

    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.
    194 days
    |
    725
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Damon B Rhys 808-358-2331,

    Damon HI Pac Intl Prop LLC

    Source: HiCentral MLS,MLS#: 202600464MLS Logo

      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

        $2,523/mo

        Price history

        DateEventPrice
        1/14/2026Listed for sale$185,000+330.2%$361/sqft
        Source: HiCentral MLS #202600464 Report a problem
        6/27/2017Sold$43,000-64.8%$84/sqft
        Source: Public Record Report a problem
        5/10/2016Sold$122,000-2%$238/sqft
        Source: Public Record Report a problem
        2/23/2016Listing removed$1,600$3/sqft
        Source: Hawaiian Monarch Realty Report a problem
        2/23/2016Listed for sale$124,500$243/sqft
        Source: Hawaiian Monarch Realty Inc. #201603932 Report a problem
        2/20/2016Listed for rent$1,600$3/sqft
        Source: Hawaiian Monarch Realty Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Waikiki

        Getting around

        96 / 100
        Walker's Paradise
        71 / 100
        Excellent Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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.

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