Welcome to this oceanfront Blue Hawaiian Cottage; a great place to live & a wonderful investment opportunity to generate passive income through legal short & long-term rental. It is located in a safe oceanfront building with 24-hour security & an onsite parking garage. The neighborhood is vibrant & convenient with many restaurants & shops within walking distance. With great restrictions placed on Short-term rentals, this apartment became invaluable as it is one of the rare oceanfront properties that can be legally rented on a day-to-day basis. Year-round high rental demand & great reviews from guests for its proximity to the ocean & world-class surf spots. Statements show that it generated an average of $45,000 in annual income. This precious apartment is customized with blue Hawaii decoration, it has a laminated wood floor, a king-size Tempur-Pedic mattress bed & a full-size sofa bed. The lanai looks at the beautiful Hawaiian mountains as the apartment cools by tradewinds. The recently installed air conditioner is fully paid off. Invest in this little gem that is free & clear of any future rental reservations. Start the new year with a great source of passive income.
Community Laundry, Restaurant, Security Guard, Trash Chute
Central AC, Odd# Unit, Single Level
Above Ground, Concrete, Double Wall, Slab
This condominium is located at 1765 Ala Moana Blvd 1487, , it is currently priced $539,000 . This Condo/Townhouse has 0 Bedrooms and 1.00 Bathrooms, totaling 427 Square feet. Built in 1968, this Condo/Townhouse is Active. Represented by Gene Neal of Redfin Corporation, Contact Number (808) 201-2821, our team of Realtors can represent you at no additional cost.
Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on December 10th, 2023 at 7:51am HST. Information is deemed reliable but not guaranteed. Copyright: 2023 by the HiCentral MLS®, Ltd.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. 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.