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Jennifer Schultz

jennifernschultz@gmail.com +1(843) 300-9088

Listed by Compass

$ 2,488,000

Est. payment | -/mo

2 Beds

2 Baths

1,000 SqFt

Save

$ 2,488,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,000 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $2,488

Subdivision Waikiki

MLS Listing ID 202617592

Style High Rise

Bedrooms 2

Full Baths 2

Maintenance Fees $1,835

Construction Status Excellent

Total Monthly Fees $116

Other Monthly Fees 58.0

HOA Y/N No

Year Built 1965

Annual Tax Amount $21,459

Property Sub-Type Condominium

Property Description

This owner-managed legal vacation rental has a proven track record, generating an average annual gross income of approximately $247,000. You are investing in a property and a profitable business with a ROI in 10 to 12 years, plus continuous property appreciation. Two adjoining suites seamlessly interconnected into a single space. Live in one side and rent out the other, or Airbnb the entire sprawling two-bedroom, two-bathroom property. Everything comes in twos: two bedrooms, two bathrooms, two kitchens (a full kitchen & a wet bar), two balconies that stare directly into the Pacific Ocean below, two brand-new Mitsubishi split AC systems, two entertainment areas, and two uniquely independent suites. The interior finishes and colors are designed for durability in high-traffic, short-term rentals. Cabinetry & sliding glass doors were exclusively designed, custom-crafted, and imported. The residence brings Manhattan sophistication to Waikiki Beach, featuring 1,000 sq ft of interior and a 240 sq ft balcony. Set within the iconic Ilikai, this residence occupies a legendary Waikiki oceanfront landmark—one of just two private condominium buildings that grant direct beach access.

Location

State HI

County Oahu

Community Concierge, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Restaurant, Trails/Paths, Trash Chute, Condo Hotel Community

Area Metro

Building/Complex Name Ilikai Apt Bldg

Interior

Flooring Marble

Inclusions AC Split, Cable TV, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Wine Refrigerator

Furnishings Furnished

Fireplace No

Exterior

Parking Features None, Valet

Fence Fenced, Wall

Pool Heated

Community Features Concierge, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Restaurant, Trails/Paths, Trash Chute, Condo Hotel Community

Amenities Available Concierge

Waterfront Description Marina,Oceanfront,Waterfront

View Y/N Yes

View Coastline, Ocean, Sunset, Sunrise

Building

Architectural Style High Rise

New Construction No

Construction Status Excellent

Others

HOA Fee Include Common Areas,Cable TV,Hot Water,Internet,Sewer,Water

Tax ID 1-2-6-010-007-0338

Security Features Closed Circuit Camera(s),Fire Sprinkler System,Security Guard

Special Listing Condition None

Nearby Locations

"Please feel free to reach out anytime should you have any questions! "

+1(843) 300-9088

jennifernschultz@gmail.com

970 N Kalaheo Ave A210, Kailua, Hawaii 96734

1777 Ala Moana BLVD #1518 Honolulu, HI 96815

Jennifer Schultz

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1777 Ala Moana BLVD #1518