Ilikai Apt Bldg Condo/Townhouse 1 bedroom $539,000 MLS:202616354

Investor opportunity at the iconic Ilikai in Waikiki! This turnkey condo offers desirable city and mountain views and a coveted address at the gateway to Waikiki – Close to Ala Moana Beach Park, Hilton Lagoon, Waikiki Beach, and Ala Moana Center. Unit is Teanant-occupied and generating $2,500/month in rental income, with the current fixed lease in place through 12/31/2026 – enjoy immediate cash flow with a seamless transition or plan ahead for your own island retreat. As one of Waikiki’s few legal condotels, the Ilikai permits short-term vacation rentals with on-site management. Building amenities include pools, valet parking, 24-hour security, restaurants, Paradise Poke, Aroma Caffe, Dave Ice Cream Shop, Soho New York Salon, Gift shop, Empire Steak House and direct beach access. A rare chance to own a piece of Honolulu’s most recognizable landmark.