
440 Olohana St Unit 2003 Honolulu, HI 96815
Waikiki NeighborhoodEstimated payment $2,860/month
Highlights
- Ocean View
- Sauna
- Meeting Room
- Fitness Center
- Community Pool
- 3-minute walk to Waikiki Gateway Park
About This Home
LEGAL VACATION RENTAL PROPERTY! Here's your opportunity to own a beautifully refurbished legal short-term rental in the heart ofWaikiki. This stunning condotel unit is the ideal place for tropical getaways and a potentially lucrative investment property withtremendous short-term rental potential. One of the most attractive features of this property is that the building management doesn't charge any additional fees for short-term rentals, allowing you to maximize your rental income.The unit has previously undergone a renovation, boasting stylish new flooring, renovated bathrooms, sleek countertops, and high-end marble finishes that set it apart from your average condotel along with high-end style furnishings. As you step inside, you'll be impressed by the elegance and attention to detail that rivals a 5-star hotel. The property offers a range of amenities, including a refreshing pool, very private green spaces and BBQ Areas, a well-equipped gym, and on-site laundry facilities, providing the perfect blend of relaxation and convenience for you and your guests. The location is second to none, walking distance to restaurants, luxury brand stores and the famous beach of Waikiki.
Listing Agent
Keller Williams Honolulu Brokerage Phone: (808) 596-2888 License #RS-79884

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,617
Year Built
- Built in 1977
Lot Details
- Property is in excellent condition
Property Views
- Ocean
- City
Home Design
- Steel Frame
Interior Spaces
- 1 Full Bathroom
- 381 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Closed Circuit Camera
Listing and Financial Details
- Assessor Parcel Number 1-2-6-016-039-0165
Community Details
Overview
- Association fees include cable TV, hot water, internet, sewer, water
- Royal Garden At Waikiki Condos
- Waikiki Subdivision
Amenities
- Building Patio
- Community Barbecue Grill
- Community Deck or Porch
- Sauna
- Trash Chute
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,617 | $399,300 | $107,400 | $291,900 |
2023 | $5,572 | $396,300 | $104,000 | $292,300 |
2022 | $4,003 | $284,700 | $101,800 | $182,900 |
2021 | $4,233 | $301,200 | $101,800 | $199,400 |
2020 | $4,615 | $328,300 | $101,800 | $226,500 |
2019 | $3,944 | $321,600 | $84,800 | $236,800 |
2018 | $3,944 | $305,700 | $73,500 | $232,200 |
2017 | $1,027 | $293,400 | $56,500 | $236,900 |
2016 | $3,264 | $249,400 | $46,400 | $203,000 |
2015 | $838 | $239,400 | $39,600 | $199,800 |
2014 | $2,163 | $212,200 | $31,100 | $181,100 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/19/2025 05/19/25 | For Sale | $429,500 | -- | $1,127 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Deed | $160,000 | Het | |
Deed | $194,000 | -- | |
Satisfaction Of Land Contract Or Release Satisfaction Of Agreement Of Sale Fee Property | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $85,000 | Purchase Money Mortgage | |
Previous Owner | $1,800,000 | Unknown |
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Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202507143

APN: 1-2-6-016-039-0165
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