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$2,488,000
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Property Description
This owner-managed legal vacation rental has a proven track record, generating an average annual gross income of approximately $247,000. You are investing in a property and a profitable business with a ROI in 10 to 12 years, plus continuous property appreciation. Two adjoining suites seamlessly interconnected into a single space. Live in one side and rent out the other, or Airbnb the entire sprawling two-bedroom, two-bathroom property. Everything comes in twos: two bedrooms, two bathrooms, two kitchens (a full kitchen & a wet bar), two balconies that stare directly into the Pacific Ocean below, two brand-new Mitsubishi split AC systems, two entertainment areas, and two uniquely independent suites. The interior finishes and colors are designed for durability in high-traffic, short-term rentals. Cabinetry & sliding glass doors were exclusively designed, custom-crafted, and imported. The residence brings Manhattan sophistication to Waikiki Beach, featuring 1,000 sq ft of interior and a 240 sq ft balcony. Set within the iconic Ilikai, this residence occupies a legendary Waikiki oceanfront landmark-one of just two private condominium buildings that grant direct beach access.
Full Property Details
Full Property Details for 1777 Ala Moana Blvd #1518
General
- Price: $2,488,000
- HOA FEE: $1,835
- Taxes: $21,459
- Status: Active
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202617592
- Updated: 9/19/2026
- Added to Site: 8 day(s) ago
Rental Information
- Complex Features: Concierge, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Restaurant, Trails/Paths, Trash Chute, Condo Hotel Community
Interior
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Marble
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Concierge
- Pool: Yes
- Pool Description: Heated
- Spa Description: Community
- Security/Safety: Closed Circuit Camera(s), Fire Sprinkler System, Security Guard
Parking
- Parking Features: None, Valet
Location
- Area: Metro
- County: Oahu
- Subdivision: WAIKIKI
- Building Name: Ilikai Apt Bldg
Community
- Assoc. Fees Include: Common Areas, Cable TV, Hot Water, Internet, Sewer, Water
Structural Information
- Architectural Style: High Rise
- Detached/Attached: Detached
- Construction: Concrete
- Entry Floor Number: 15
- Square Feet: 1,240
- Living Area: 1,000 Sq. Ft.
- Year Built: 1965
- Property Condition: Excellent
Lot Features
- Property View: Coastline, Ocean, Sunset, Sunrise
- Fence: Yes
- Zoning: X6 - Resort Mixed Use Precinct
- Fencing (Description): Fenced, Wall
Water Features
- Water Front: Yes
Financial Considerations
- Other Assoc Fees: $58
- Maint. Fee: $1,835
- Maint. Fee/Month: $1,835
- Assessment Amount: $1,523,100
- Tax Amount: $21,459.72
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Inclusions: AC Split, Cable TV, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Wine Refrigerator
- Disclosures/Reports: Seller Disclosure
- Disclosures/Rstr.: Seller Disclosure
- Property ID: 1-2-6-010-007-0338
Listed by Compass
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Schools
Schools serving 1777 Ala Moana Blvd #1518
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 1.5 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 0.8 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1777 Ala Moana Blvd #1518
Date
Details
Price
Change
Source
9/15/2026
Listed
$2,488,000
435.05%
MLS
5/06/2010
Sold
$465,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1777 Ala Moana Blvd #1518
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,524
—
$1,523,100
-19%
2025
$26,524
20%
$1,883,900
22%
2023
$22,013
15%
$1,546,700
-1%
2022
$19,190
—
$1,565,800
15%
2022
$19,190
141%
$1,364,700
3%
2021
$7,957
—
$1,329,200
-10%
2021
$7,957
60%
$1,483,600
41%
2018
$4,960
59%
$1,051,100
18%
2017
$3,126
-2%
$893,200
-2%
2016
$3,178
-52%
$908,100
-24%
2019
$6,608
112%
$1,200,800
35%
2015
$3,124
21%
$892,600
30%
2013
$2,587
—
$685,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1777 Ala Moana Blvd #1518
1777 Ala Moana Boulevard #1518, Honolulu, HI 96815 (MLS# 202617592) is a Condo property with 2 bedrooms and 2 full bathrooms. 1777 Ala Moana Boulevard #1518 is currently listed for $2,488,000 and was received on September 15, 2026. Want to learn more about 1777 Ala Moana Boulevard #1518? Do you have questions about finding other Condo real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

