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1 Bed
1 Bath
513 sqft

$185,000

1909 Ala Wai Boulevard 1003, Honolulu HI, 96815

Price per sqft$360.62
Built in1971
Property size513 sqft
Property typeCondominium

Overview

Active

Listed Jan 13, 2026

Updated Aug 27

DESIRABLE LEGAL SHORT-TERM VACATION RENTAL OPPORTUNITY IN WAIKIKI with a proven track record of strong occupancy and consistent rental activity. Welcome to Royal Aloha, one of the few resort-zoned buildings in Waikiki allowing legal daily rentals - an increasingly rare and valuable designation. This rarely available 1-bedroom stands out as most units in the building are 2-bedroom layouts, offering a more accessible entry point for investors seeking income potential in a high-demand location. Located on the 9th floor, the unit enjoys city, Ala Wai Canal, and mountain views, along with a full kitchen and efficient, guest-friendly layout. Offered turnkey and ready to rent, making for a seamless transition for the next owner. Royal Aloha is a secured building with on-site management and amenities including a pool, BBQ area, and lounge spaces, with community laundry on each floor and in the basement. Pet-friendly and ideally situated near Ala Moana, beaches, dining, shopping, and bus lines. Leasehold property with approximately 15 years remaining - an attractive opportunity for investors seeking strong cash flow at a lower entry price. Parking may be available for rent nearby.

$1,231/mo

Est. mortgage payment based on a $185,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202600464

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.71 Acres

Other Property Details

Taxes
$3,090
Tax Frequency
Annually
Maintenance Expense
$596
View
Yes
Furnished
Yes
MLS provider logo

 

Courtesy of Damon HI Pac Intl Prop LLC, Damon B Rhys

Listing Contact: (808) 468-1838 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 8/27/2026 7:35 AM UTC. Information is deemed reliable but not guaranteed. Copyright: 2026 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

©2026 Honolulu Board of REALTORS®/ HICentral. All rights reserved. 

Data last updated 7:35 AM UTC, 8/27/2026

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