NOT LISTED FOR SALE

1850 Ala Moana Blvd Unit 816 Honolulu, HI 96815

Waikiki Neighborhood

Estimated Value: $373,541 - $400,000

-- Bed
1 Bath
321 Sq Ft
0.47 Acres

Last Sold April 12, 2023

Last sale price $399,000 $1,243 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,546/month

81 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Patio
  • Private Pool
  • Meeting Room
  • Security Guard

About This Home

As of April 2023

Fully furnished legal vacation rental in the heart of Waikiki with a dedicated parking stall! This Palms at Waikiki studio produces about $3,000-$5,000 in monthly gross income depending on the season. Comes with central AC, king size bed, sofa sleeper, wall mounted TV, working desk, small fridge, microwave, cooktop, and a nice size outdoor lanai with views of Fort Derussy park, the top of Diamond Head, and partial ocean views. Maintenance fee includes all utilities. Building amenities include a swimming pool, BBQ area, gym, meeting room, and 24-hour security. Tastefully renovated as a hotel room in 2020, unit is managed outside of the hotel pool, but guests can still check in with the front desk. Centrally located walking distance to the many shopping and dining options Waikiki has to offer, hotels, Ala Moana Shopping Center, and the beach. Reach out to receive the income statements and use the same management company. Don't miss out on this rare opportunity to earn this high income producing vacation rental. Come see it today before it's too late!

Last Agent to Sell the Property

Ben Fieman

Compass License #RB-23470 Listed on: 01/21/2023

Compass

Last Buyer's Agent

Ayla Toman

Keller Williams Honolulu License #RS-76787

Keller Williams Honolulu

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,411

Year Built

  • Built in 1970 | Remodeled in 2020

Lot Details

  • 0.47

Property Views

  • Ocean
  • City
  • Diamond Head

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 1 Full Bathroom
  • 321 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Home Security

Parking

  • 1 Covered Space
  • Automatic Garage Door Opener
  • Assigned Parking
  • Secure Parking

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Property is in excellent condition

Community Details

Overview

  • High-Rise Condominium
  • Palms At Waikiki Condos

Amenities

  • Restaurant
  • Meeting Room
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,411

Year Built

Built in 1970 | Remodeled in 2020

Lot Details

0

Listing Details

  • Architectural Style: High-Rise 7+ Stories
  • Building Name: Palms at Waikiki
  • Inclusions: AC Central, Auto Garage Door Opener, Cable TV, Kitchenware, Microwave, Refrigerator, Smoke Detector
  • Prop. Type: Condo/Townhouse
  • Sq Ft RoofedLiving: 321
  • Fill Sq Ft Total: 363
  • Stories Type: 8-14
  • Year Built: 1970
  • Year Renovated: 2020
  • Attribution Contact: (808) 825-4277
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Resident Manager, Restaurant, Security Guard
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile, W/W Carpet
  • Entry Floor: 8
  • Furnished: Full
  • Unit Features: ADA Accessible, Central AC, Even# Unit, Single Level

Exterior Features

  • Construction Type: Concrete
  • Flood Zone: Zone AE
  • Property Condition: Excellent
  • View: City, Diamond Head, Ocean

Garage/Parking

  • Parking Features: Assigned, Covered - 1, Secured Entry
  • Total Parking Spaces: 1

Multi Family

  • Maintenance Expense: 488.53

Tax Info

  • Tax Annual Amount: 4411.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
Apr 6, 2023
Sold by
J Lum Real Estate Llc
Bought by
Jrcs Future Trust
Seller's Agent
Ben Fieman
Compass
Buyer's Agent
Ayla Toman
Keller Williams Honolulu
List Price
$409,000
Sold Price
$399,000
Premium/Discount to List
-$10,000
-2.44%
Current Estimated Value
$390,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,820
Avg. Annual Appreciation
0.29%

Purchase Details

Listed on
Feb 1, 2022
Closed on
May 12, 2022
Sold by
Jason Lum Neil and Jason Sayuri Clarice
Bought by
J Lum Real Estate Llc
Seller's Agent
Philia Lau
Coldwell Banker Realty
Buyer's Agent
Ben Fieman
Compass
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.00%
Original Mortgage
$241,500
Interest Rate
3.09%
Mortgage Type
Balloon

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 14, 2022
Sold by
Bailey F Wharton Living Trust
Bought by
Lum Neil Jason and Ohara Clarice Sayuri
Seller's Agent
Philia Lau
Coldwell Banker Realty
Buyer's Agent
Ben Fieman
Compass
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
3.09%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 17, 2007
Sold by
Wharton Bailey Frazier
Bought by
Wharton Bailey F and Bailey F Wharton Living Trust

Purchase Details

Closed on
Jun 7, 2007
Sold by
Koam Media Group Corp
Bought by
Wharton Bailey Frazier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2007
Sold by
Ends Of The Earth Foundation
Bought by
Koam Media Group Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 2006
Sold by
Maxis Holdings Llc
Bought by
Ends Of The Earth Foundation

Purchase Details

Closed on
Aug 22, 2005
Sold by
Laeroc Waikiki Parkside Llc
Bought by
Maxis Holdings Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jrcs Future Trust -- Old Republic Title
J Lum Real Estate Llc -- None Listed On Document
J Lum Real Estate Llc -- None Listed On Document
Lum Neil Jason $517,500 First American Title Of Hawaii
Wharton Bailey F -- Accommodation
Wharton Bailey Frazier $225,000 Itc
Koam Media Group Corp $1,000 None Available
Ends Of The Earth Foundation $212,800 Itc
Maxis Holdings Llc $213,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lum Neil Jason $241,500
Previous Owner Wharton Bailey Frazier $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Off Market $399,000 -- --
04/12/2023 04/12/23 Sold $399,000 -1.5% $1,243 / Sq Ft
03/01/2023 03/01/23 Price Changed $405,000 -1.0% $1,262 / Sq Ft
01/21/2023 01/21/23 For Sale $409,000 +18.6% $1,274 / Sq Ft
04/20/2022 04/20/22 Sold $345,000 0.0% $1,075 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $345,000 -- $1,075 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

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 $5,609 $415,300 $66,900 $348,400
2024 $5,609 $398,700 $70,700 $328,000
2023 $4,767 $339,100 $68,400 $270,700
2022 $4,411 $313,700 $66,900 $246,800
2021 $4,448 $316,500 $66,900 $249,600
2020 $4,253 $302,600 $66,900 $235,700
2019 $3,695 $298,200 $55,800 $242,400
2018 $3,695 $286,400 $48,400 $238,000
2017 $971 $277,300 $37,200 $240,100
2016 $3,392 $259,200 $30,500 $228,700
2015 $3,027 $244,100 $26,000 $218,100
2014 $2,037 $230,500 $20,500 $210,000
Source: Public Records

Agents Affiliated with this Home

  • Ben Fieman

    Seller's Agent in 2023

    Ben Fieman

    Compass

    (808) 400-7007

    27 in this area

    135 Total Sales

    Ben Fieman
    Section Image

  • A

    Buyer's Agent in 2023

    Ayla Toman

    Keller Williams Honolulu

    (808) 596-2888

    1 in this area

    24 Total Sales

    Ayla Toman
    Section Image

  • P

    Seller's Agent in 2022

    Philia Lau

    Coldwell Banker Realty

    (808) 732-1414

    2 in this area

    12 Total Sales

    Philia Lau
    Section Image
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202300764

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-012-003-0170

Hawaii Honolulu County Honolulu 96815 Waikiki

1850 Ala Moana Blvd Unit 816, Honolulu, HI

This home is located at 1850 Ala Moana Blvd Unit 816, Honolulu, HI 96815 since 21 January 2023 and is currently estimated at $390,180, approximately $1,215 per square foot. This property was built in 1970. 1850 Ala Moana Blvd Unit 816 is a home located in Honolulu County with nearby schools including President Thomas Jefferson Elementary School, President George Washington Middle School, and Kaimuki High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). 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.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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