The Ulu Team
Open house

$348,000

1850 Ala Moana Boulevard #218

WAIKIKI · Honolulu · 96815 · MLS 202614651

  • 0beds
  • 1baths
  • 312living sqft
  • Condotype

LEGAL DAILY RENTAL! Beautifully Renovated in 2025 with Custom Cabinetry & Stunning Diamond Head Views! This turnkey studio at Palms at Waikiki offers a rare opportunity for investors, second-home buyers, or anyone seeking a flexible island retreat. Ideally located in the heart of Waikiki, just minutes from Waikiki Beach, Ala Moana Beach Park, Ala Moana Center, and the Hawaii Convention Center. Features include custom cabinetry, stylish modern finishes, floor-to-ceiling windows, central A/C, and a spacious lanai with breathtaking Diamond Head views. Owners may enjoy the unit as a personal Hawaii getaway or generate rental income through the hotel program or self-management. Resort-style amenities include a swimming pool, fitness center, BBQ area and the popular IHOP restaurant. An exceptional investment opportunity in one of Waikiki's most sought-after legal daily rental properties.

Building & interior

Condition
Good Condition
Living area
312 sqft
Total area
362 sqft
Year built
1970
Renovated
2025
Stories
One
Floor
2
Parking
0 stalls · Guest
View
City · Mountains · Sunrise

HOA & monthly fees

Maintenance fee
$776/mo
Total monthly fees
$776/mo
Fee includes
Electricity · Hvac · Hot Water · Internet · Maintenance Grounds · Maintenance Structure · Sewer · Water
Owner-occupancy
Tenant-occupied

Construction & features

Cooling
Central Air
Flooring
Ceramic Tile · Vinyl
Construction
Concrete · Single Wall
Interior
Bedroom On Main Level · Full Bath On Main Level · Single Living Level
Community
Barbecue · Community Pool · Fitness · Laundry Facilities · Restaurant · Condo Hotel Community
Security
Key Card Entry · Security Guard

Tax & assessment

Annual property tax
$5,040/yr
Tax year
2025
Assessed — total
$357,600
Assessed — land
$65,100
Assessed — improvements
$252,500
TMK
1-2-6-012-003-0019
Zoning
AM - Apartment Mixed Use
Land tenure
Fee simple
Financing accepted
Cash · Conventional · Exchange1031 · FHA · Va Loan
Disclosures
Call Agent · Seller Disclosure · See Remarks

Price history

Original list
$348,000
Current
$348,000

What's included

  • AC Central
  • Cable TV
  • Drapes
  • Kitchenware
  • Linens
  • Microwave
  • Refrigerator
  • Smoke Detector

Nearby

  • Restaurant
  • Pool
  • Fitness Center
  • Hot Water

Listed by Locations LLC

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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