Ilikai Apt Bldg

Listed by Christopher R S Causey of Compass ((808) 825-4277)
This rare, double-unit legal vacation rental boasts a proven track record, generating an average annual gross income of approximately $247,000. You are investing in a property and a cash cow with a ROI in 10-12 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 and 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.

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Property Details of 1777 Ala Moana Boulevard, Unit 1518

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"Based on information submitted to HiCentral MLS as of October 31, 2026 7:49 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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