$425,000

1850 Ala Moana Blvd Unit 222 Honolulu, HI 96815

Waikiki Neighborhood

Estimated payment $2,736/month

Total Views 918
-- Bed
1 Bath
315 Sq Ft
$1,349 Price per Sq Ft

Highlights

  • Fitness Center
  • Community Pool
  • Building Patio
  • Garden View
  • Meeting Room
  • Security Guard

About This Home

Prime Investment Opportunity at Palms at Waikiki! This fully furnished turnkey 2nd floor studio offers perfect blend of convenience & rental potential with LEGAL DAILY SHORT-TERM RENTALS. Featuring 1 dedicated parking stall, this unit provides rare direct access to pool deck, BBQ area, & fitness center all on same floor. Completely renovated in 2020 with modern interior, newer carpet, and fresh finishes throughout. The spacious lanai offers relaxing outdoor space while unit accommodates up to four guests with two queen beds. Ideally positioned one block from Waikiki Beach, steps from Hilton Hawaiian Village's Friday fireworks, and minutes to Ala Moana Shopping Center and IHOP restaurant in lobby. Flexible management options allow self-manage or join established Aqua Hotel rental program. Located along convenient bus routes with easy access to world-class dining, shopping, and entertainment. Whether seeking personal retreat, vacation home, or investment property, this unit delivers exceptional value in Waikiki's most desirable location. Combination of parking, lanai, prime location, and legal short-term rental makes this outstanding opportunity to own in paradise.

Listing Agent

Shannon Smith

Berkshire Hathaway HmSvc HI RE Brokerage Phone: (808) 792-3910 License #RB-21159 Listed on: 05/28/2025

Berkshire Hathaway HmSvc HI RE

Co-Listing Agent

Reine Ah Moo

Berkshire Hathaway HmSvc HI RE Brokerage Phone: (808) 792-3910 License #RB-21168

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1970

Parking

  • 1 Car Garage

Interior Spaces

  • 1 Full Bathroom
  • 315 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Ceramic Tile Flooring
  • Garden Views
  • Closed Circuit Camera

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-012-003-0023

Community Details

Overview

  • Association fees include common areas, cable TV, electricity, HVAC, hot water, internet, sewer, water
  • Palms At Waikiki Condos
  • Waikiki Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Restaurant
  • Meeting Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,256

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Architectural Style: High Rise
  • Building Name: Palms at Waikiki
  • Co List Office Mls Id: BHHR
  • Inclusions: AC Central,Cable TV,Drapes,Kitchenware,Linens,Microwave,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1970
  • Attribution Contact: (808) 792-3910
  • CommunityFeatures: Barbecue, Community Pool, Conference/Meeting Room, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Restaurant
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry, Fire Sprinkler System, Security Guard
  • Association Amenities: Management
  • Co List Office Phone: (808) 792-3910
  • MLS Status: Active
  • Subdivision Name: WAIKIKI
  • Entry Level: 2
  • Unit Levels: One
  • Living Area: 315.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Furnished: Negotiable
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition, Updated/Remodeled
  • View: Garden, Mountain(s), Sunrise
  • View: Yes
  • Disclosures: 1031 Exchange, Seller Disclosure

Garage/Parking

  • Parking Features: Covered, Garage, One Space, Secured
  • Total Parking Spaces: 1.0
  • Attached Garage: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 1-2-6-012-003-0023
  • Zoning Description: AM - Apartment Mixed Use

Multi Family

  • Maintenance Expense: 783.0

Tax Info

  • Tax Annual Amount: 5256.0

Map

Range of Values:

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Average Value
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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
2025 $5,250 $408,700 $65,700 $343,000
2024 $5,250 $373,200 $69,400 $303,800
2023 $4,653 $331,000 $67,200 $263,800
2022 $4,235 $301,200 $65,700 $235,500
2021 $4,172 $296,900 $65,700 $231,200
2020 $4,176 $297,100 $65,700 $231,400
2019 $3,495 $283,500 $54,800 $228,700
2018 $3,495 $270,900 $47,500 $223,400
2017 $3,328 $268,400 $36,500 $231,900
2016 $3,197 $244,300 $29,900 $214,400
2015 $2,837 $228,800 $25,600 $203,200
2014 $1,779 $207,900 $20,100 $187,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $425,000 +40.7% $1,349 / Sq Ft
11/26/2021 11/26/21 Sold $302,000 0.0% $959 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $302,000 -- $959 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Personal Reps Deed $302,000 Premier Title
Deed $209,000 Pat
Deed $222,000 Fntic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,000 New Conventional
Closed $168,000 New Conventional
Previous Owner $104,500 Unknown
Previous Owner $144,300 Fannie Mae Freddie Mac
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202512938

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-012-003-0023