$749,000
UNDER CONTRACT $40K PRICE DROP

Estimated payment $4,421/month

Total Views 7,752
1 Bed
1 Bath
500 Sq Ft
$1,498 Price per Sq Ft

Highlights

  • Concierge
  • Property is near a marina
  • Community Pool
  • Ocean Front
  • 125,279 Sq Ft lot
  • Building Patio

About This Home

Fabulous ocean view from this desirable "18" stack unit in the Iconic Ilikai Apartment Building. Great opportunity to own this preferred ocean and lagoon view unit. This is a legal short-term vacation building with excellent rental income or use this as your second home in Paradise. Ilikai is conveniently located in the beginning of Waikiki with numerous shopping, fine dining and entertainment options. Enjoy Friday night fireworks from your spacious balcony. Next to Hilton Hawaiian Village Hotel and a beautiful lagoon, close to Ala Moana Shopping Center, Magic Island. Unit is fully furnished and is perfect for investors or part-time owners who want to rent out their unit while away from Hawaii. Ilikai 718 has more advantages than units above the 22nd floor, no restrictions to union hotel cleaners. Owners have the ability to decorate and/or remodel the way they want, and ability to rent using many platforms they desire. Excellent opportunity!

Listing Agent

Mei Ling Ng

Marina Hawaii Vacations Brokerage Phone: (808) 946-0716 License #RB-16276

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1965

Property Views

Home Design

  • Condo Hotel

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Closed Circuit Camera

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Schools

  • Jefferson Elementary School
  • Washington Middle School
  • Kaimuki High School

Additional Features

  • Property is near a marina
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-010-007-0500

Community Details

Overview

  • Association fees include common areas, cable TV, hot water, internet, sewer, water
  • Ilikai Aoao Association
  • Ilikai Apt Bldg Condos
  • Waikiki Subdivision

Amenities

  • Concierge
  • Building Patio
  • Community Deck or Porch
  • Restaurant
  • Trash Chute
  • Laundry Facilities

Recreation

  • Recreational Area

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,748

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Architectural Style: High Rise
  • Building Name: Ilikai Apt Bldg
  • Inclusions: AC Window Unit,Cable TV,Dishwasher,Disposal,Drapes,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1965
  • Attribution Contact: (808) 946-0716
  • CommunityFeatures: Concierge, Community Pool, Deck/Porch, Laundry Facilities, Patio, Pool, Recreation Area, Restaurant, Trash Chute, Condo Hotel Community
  • Road Frontage Type: Marina, Oceanfront, Waterfront
  • SecurityFeatures: Closed Circuit Camera(s), Fire Sprinkler System, Security Guard
  • Association Amenities: Concierge
  • MLS Status: Active Under Contract
  • Subdivision Name: WAIKIKI
  • Entry Level: 7
  • Interior Features: Full Bath on Main Level
  • Unit Levels: One
  • Living Area: 500.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: UnderContract

Interior Features

  • Flooring: Ceramic Tile, Laminate, Other
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition, Updated/Remodeled
  • View: Canal, Coastline, City, Ocean, Sunrise
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: None, Other, On Street, Valet

Association/Amenities

  • General Property Information:Association Name: Ilikai AOAO

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Hot Water, Internet, Sewer, Water

Schools

  • Elementary School: Jefferson
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-6-010-007-0500
  • Zoning Description: X6 - Resort Mixed Use Precinct

Multi Family

  • Maintenance Expense: 895.17

Tax Info

  • Tax Annual Amount: 2748.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,750 $785,600 $128,900 $656,700
2023 $2,746 $784,600 $124,800 $659,800
2022 $2,225 $635,600 $122,100 $513,500
2021 $2,151 $614,700 $122,100 $492,600
2020 $8,896 $632,900 $113,600 $519,300
2019 $9,761 $694,300 $94,700 $599,600
2018 $8,905 $690,300 $82,100 $608,200
2017 $1,801 $514,500 $63,100 $451,400
2016 $1,962 $560,500 $51,800 $508,700
2015 $1,972 $563,300 $44,200 $519,100
2014 $1,122 $451,000 $34,700 $416,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $749,000 -5.1% $1,498 / Sq Ft
01/03/2025 01/03/25 For Sale $789,000 -- $1,578 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Title Guaranty
Personal Reps Deed -- Title Guaranty
Deed $280,000 --
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $154,000 No Value Available
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202500024

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-010-007-0500