The Ulu Team

$347,000$350,000 price reduced

1850 Ala Moana Boulevard #220

WAIKIKI · Honolulu · 96815 · MLS 202603857

  • 0beds
  • 1baths
  • 291living sqft
  • Condotype

Turnkey, fully furnished legal short-term rental at Palms at Waikiki on the desirable west end of Waikiki near Ala Moana Center and Waikiki Beach. Currently operating as a vacation rental with professional third-party management, offering immediate income potential. Seller fully paid off the $8,649.26 special assessment in Fall 2025. Building amenities include security patrol, a ground-floor restaurant, air-conditioned hallways, hardwired smoke detectors, and a fire sprinkler system. The maintenance fee covers central AC, electricity, internet, cable TV, water, and sewer, helping simplify expenses and improve cash-flow predictability. Conveniently located near shopping, dining, the Hawaii Yacht Club, and Waikiki’s weekly Friday night fireworks. Ideal for investors seeking a legal, income-producing property in one of Waikiki’s most recognized short-term rental buildings.

Building & interior

Condition
Excellent · Good Condition
Living area
291 sqft
Total area
305 sqft
Year built
1970
Floor
2
Parking
0 stalls
Furnished
Furnished

HOA & monthly fees

Maintenance fee
$723/mo
Total monthly fees
$723/mo
Fee includes
Cable Tv · Hvac · Hot Water · Internet · Sewer · Water

Construction & features

Cooling
Central Air
Flooring
Laminate
Community
Barbecue · Community Pool · Deck Porch · Fitness · Laundry Facilities · Patio · Pool · Restaurant
Security
Key Card Entry · Security Guard

Tax & assessment

Annual property tax
$4,801/yr
Tax year
2025
Assessed — total
$341,000
Assessed — land
$60,700
Assessed — improvements
$280,300
TMK
1-2-6-012-003-0021
Zoning
AM - Apartment Mixed Use
Land tenure
Fee simple
Financing accepted
Cash
Disclosures
Exchange1031 · Seller Disclosure

Price history

Original list
$350,000
Previous
$365,000
Current
$347,000

What's included

  • AC Central
  • Cable TV
  • Microwave
  • Refrigerator
  • Smoke Detector

Nearby

  • Pool
  • Restaurant
  • Fitness Center
  • Hot Water

Listed by Coldwell Banker Realty

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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