The Ulu Team

$645,000$750,000 price reduced

1777 Ala Moana Boulevard #601

WAIKIKI · Honolulu · 96815 · MLS 202601290

  • 1beds
  • 1baths
  • 500living sqft
  • Condotype

The Ilikai has anchored the Honolulu skyline since 1964, one of the few Waikiki buildings still licensed for legal daily vacation rentals in a market where new short-term rental permits are nearly impossible to obtain.

Unit 601 is a fully remodeled 500 square foot one bedroom, one bath, listed at $645,000. The renovation strips the space to clean lines and natural light: new kitchen, new bath, finishes built to hold up under daily guest turnover without losing the feel of a home.

For a portfolio, that combination is rare: a legally operating nightly rental in a landmark building, sized to run efficiently, priced to pencil. Building amenities include a resort pool, on site dining, and direct access to the marina, Ala Moana, and Waikiki Beach.

Whether held as a personal Honolulu base or run as a short-term rental, 601 offers what few Ilikai units can: legal standing, current numbers, and a location guests respond to. Rental income potential is not guaranteed; buyer to independently verify permit status, HOA rules.

Building & interior

Condition
Excellent · Updated Remodeled
Living area
500 sqft
Total area
620 sqft
Lot size
125,279 sqft
Year built
1965
Renovated
2022
Stories
One
Floor
6
Parking
0 stalls · Valet
Pool
Heated
Furnished
Furnished
View
City

HOA & monthly fees

Maintenance fee
$895/mo
Total monthly fees
$895/mo
Fee includes
Common Areas · Sewer · Water

Construction & features

Flooring
Laminate
Construction
Concrete
Interior
Bedroom On Main Level · Full Bath On Main Level · Single Living Level
Community
Concierge · Conference Meeting Room · Deck Porch · Laundry Facilities · Patio · Pool · Recreation Area · Restaurant · Trash Chute
Security
Key Card Entry · Fire Sprinkler System · Security Guard

Tax & assessment

Annual property tax
$4,541/yr
Tax year
2025
Assessed — total
$586,300
Assessed — land
$122,100
Assessed — improvements
$464,200
TMK
1-2-6-010-007-0580
Zoning
X6 - Resort Mixed Use Precinct
Land tenure
Fee simple
Financing accepted
Cash · Conventional
Disclosures
Seller Disclosure

Price history

Original list
$750,000
Previous
$699,000
Current
$645,000

What's included

  • AC Central
  • Cable TV
  • Dishwasher
  • Disposal
  • Drapes
  • Kitchenware
  • Linens
  • Microwave Hood
  • Range/Oven
  • Refrigerator

Nearby

  • Pool
  • Restaurant
  • Concierge

Listed by Agora Hawaii

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

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