| elcome to this oceanfront Blue Hawaiian Cottage; a great place to live & a wonderful investment opportunity to generate passive income through legal short & long-term rental. It is located in a safe oceanfront building with 24-hour security & an onsite parking garage. The neighborhood is vibrant & convenient with many restaurants & shops within walking distance. With great restrictions placed on Short-term rentals, this apartment became invaluable as it is one of the rare oceanfront properties that can be legally rented on a day-to-day basis. Year-round high rental demand & great reviews from guests for its proximity to the ocean & world-class surf spots. Statements show that it generated an average of $45,000 in annual income. This precious apartment is customized with blue Hawaii decoration, it has a laminated wood floor, a king-size Tempur-Pedic mattress bed & a full-size sofa bed. The lanai looks at the beautiful Hawaiian mountains as the apartment cools by tradewinds. The recently installed air conditioner is fully paid off. Invest in this little gem that is free & clear of any future rental reservations. Start the new year with a great source of passive income.
Virtual Tour | What will it cost to own? |
| MLS | Public |  | Condo/Townhouse | Condo | Property Type Sub Type | 1765 Ala Moana Blvd | 1765 Ala Moana Blvd |  | Ilikai Marina 1487 | Ilikai Marina 1487 | | Honolulu HI 96815 | Honolulu Hawaii 96815 | | Metro Waikiki | Waikiki | | na | Ala Wai Elem |  | na | Washington Int | | na | Kaimuki High | | | Kaimuki-McKinley-Roosevelt | Complex | | Public Schools | Rank | | Private School | Guide | na | Ilikai Inc Ilikai Inc | Builder | MLS 202322296 | TMK 1-2-6-10-2-179 | Property ID | 0 | 0 | Bedrooms | 1 | 1 | Full Baths | 0 | 0 | Half Baths | 1 | 1 | Total baths | 0 | | Rooms | 0 | na | Parking | 427 | 427 | Interior sf | 0 | | Lanai sf | 427 | | Total sf | $539,000 11/8/2023 | | Original list | Active 579 DOM | | Status |
$519,000
| | List price | 1/4/2024 | | Last price change | Fee Simple | Fee Simple | Tenure | No | | Fractional | 1968 | 1968 1968 | Year built | na | | Conversion | 0 na | | Remodeled | 7 % | Biennial Reg, § 6. | Owner Occupancy | $ 56 $ 0 $ 600 $ 656 Includes: Special Assessment AC Central Cable TV Electricity Hot Water Internet Service Other Common Expenses Sewer Water | | AOAO fee AOAO other Maint fee AOAO total fees | 14 | 14 | Floor | City Mountain Sunrise | | View | Land Court | | Recorded | Resort Hotel Precinct | RESMIX | Zoning | Zone - AE | | Flood | na | | Restrictions | Excellent | | Condition | Central AC Odd# Unit Single Level | | Features | Ceramic Tile Laminate | | Flooring | AC Central Cable TV Range/Oven Refrigerator Smoke Detector | | Inclusions | na | | Exclusions | Key Security Patrol Video | Guard | Security | Community Laundry Restaurant Security Guard Trash Chute | | Amenities | na | | Frontage | High-Rise 7+ Stories | Condo 18 Stories 261 Units | Architecture | na | | Model | | Ilikai Marina | Skyscraper | Above Ground Concrete Double Wall Slab | | Materials | 15-20 | | StoriesType | Disclosure Stmt | | Disclosures | 0 | | Parking stall ID  | | | | | | | 0 | 172 | Public Report | None Street | | Parking | | 0 | Guest parking | 0 | Passenger 4 Freight 0 | Elevators | na | | AOAO Name | na | | AOAO Ph | Hawaiian Prop | Hawaiian Properties Ltd | Management Co Name | 808-539-9777 | | Management Co Ph | na | | Buyer Financing | | First Hawaiian Bank | 1st Mortgagor | | 187,500 | 1st Mortgage | | na | 2nd Mortgagor | | 0 | 2nd Mortgage | No/na | | Foreclosure/Case# | 2023 | 2020 | Property tax year | $ 135,000 | $ 151,900 | Land assessed | $ 258,500 | $ 181,500 | Building assessed | $ 0 | $ 0 | Home owner exemption | $ 393,500 | $ 333,400 | Total assessed RPAD | $ 115 | $ 97 | Tax per month rates | 0 | | Total rent | | | Building Permits | 45 Days or More At Closing | | Possession | None | | Special | Cash Conventional | | Financing | na | | Furnished | No | | New development | | Monthly | Cost to own estimate: | | $ 115 | Real Property Tax | | $ 656 | Association Fee | | $ 0 | Lease Rent | | $ 771 | Cost to own (ex Mortgage, Ins & Elec) | 11/6/2023 | | Active | 1/4/2024 | | Price change | na | | Continue to show | na | | Pending | na | | Temp withdrawn | na | | Back on market | na | | Withdrawn | na | | Off market | 11/8/2023 | | Status change | na | | Advertise | na | | Auction | Redfin Corporation | Listing Brokerage Firm | 10/31/2023 | | Photos uploaded | na | | Supplement Mod |
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Hawaii Home + Commercial LLC
Principal Broker
Robin Charles Glass (R), MBA, eng.
Ph: (808) 358-1774
Fax: (866) 925-1467
Email: glassr@hawaiihome.cc
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