Perched on the desirable third floor of the popular, oceanfront Alii Villas community, this 1-bedroom, 1-bathroom condo represents an outstanding value-add opportunity along scenic Alii Drive. Featuring ocean views from its private lanai, this top-floor unit is a blank canvas ready for your personal touch and custom upgrades. Step outside to enjoy elevated Pacific Ocean views and steady coastal cross-breezes that naturally cool the space. Alii Villas is a beautifully maintained, lushly landscaped oceanfront community. Owners and guests enjoy a solar-heated swimming pool and a spectacular ocean-side BBQ/picnic area with sunset viewing benches right on the rocky shoreline. Located just one mile south of historic Kailua Village, you are a short stroll or bike ride away from popular oceanfront dining, shopping, Farmers Markets, and local beaches like Honl's. Inside, the condo is functional and turnkey enough to use immediately, but it is priced and positioned for someone looking to renovate and build equity. The floor plan includes an open living area and one assigned parking stall located right near the stairwell. Whether you are looking to design a customized short-term vacation rental (STVR), establish a steady long-term investment, or create your own personalized primary island home, this unit offers the ideal entry-level passport to an oceanfront lifestyle. Bring your design ideas and capitalize on this rare combination of ocean views, strong complex amenities, and incredible value-add potential! "You're Gonna Love It..."