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Leasehold condo living in Metro Honolulu offers an opportunity to enjoy the vibrant city life of Hawaii's capital at a more affordable price. As a leasehold owner, you have the right to use the unit for a set lease term, typically ranging from 10 to 50 years. This allows residents to live in desirable areas close to bustling downtown Honolulu, renowned shopping centers, cultural attractions, and beautiful beaches. While leasehold ownership may have considerations like lease renewals and potential rent increases, it provides an accessible way to experience the energetic and diverse lifestyle of Metro Honolulu.

Leasehold Condos For Sale - Metro Honolulu

$299,000
2 Beds ⋅ 1 Baths ⋅ 202610207 MLS ⋅ LH - Leasehold Tenure ⋅ 64 DOM ⋅ Royal Aloha BLDG.
Imagine starting your mornings with a warm island breeze and a cup of coffee on your private lanai, overlooking the sparkling Ala Wai Canal, the city skyline, and the lush Ko?olau Mountains. Nestled in the heart of Waikiki, this beautifully updated 2-bedroom, 1-bath residence at the Royal Aloha offers more than just a home—it offers an exceptional island lifestyle. Whether you're an investor seeking legal short-term rental income, a frequent traveler looking for a tropical getaway, or someone who wants to enjoy the convenience and excitement of Waikiki, this property delivers. Inside, you'll find granite kitchen countertops, tile and laminate flooring, and an updated bathroom with modern finishes. Ideally located just moments from world-famous Waikiki Beach, Ala Moana Center, Ala Wai Golf Course, shopping, dining, and entertainment, you'll have the very best of Honolulu right outside your door. One of the Royal Aloha's most desirable features is its allowance for legal short-term rentals, making this a rare opportunity for both personal enjoyment and investment potential.

1909 Ala Wai Boulevard Unit 1206, Honolulu
$460,000
2 Beds ⋅ 2 Baths ⋅ 202608758 MLS ⋅ LH - Leasehold Tenure ⋅ 65 DOM ⋅ Waikiki Landmark BLDG.
Discover refined island living at Waikiki Landmark Condo Unit 2103 — a standout residence in one of Honolulu’s most sought-after addresses. From its elevated position, this beautifully maintained unit showcases sweeping views of the Pacific Ocean, city skyline, and unforgettable Hawaiian sunsets through dramatic floor-to-ceiling windows. Inside, you’ll find a thoughtfully designed open layout with modern finishes, abundant natural light, and a private lanai that invites you to relax and soak in the scenery. The space balances comfort and style, making it ideal as a full-time home, vacation retreat, or investment property. Waikiki Landmark offers an exceptional lifestyle with resort-style amenities, including a sparkling pool deck, fitness center, BBQ areas, and 24-hour security. Located just moments from iconic Waikiki Beach, world-class shopping, dining, and entertainment, convenience and excitement are always within reach. Unit 2103 presents a rare chance to own in a premier building where location, views, and lifestyle come together seamlessly. Experience the energy of Waikiki while enjoying your own private escape — this is island living at its finest.

1888 Kalakaua Avenue Unit 2103, Honolulu
$199,500
1 Beds ⋅ 1 Baths ⋅ 202609890 MLS ⋅ LH - Leasehold Tenure ⋅ 70 DOM ⋅ Five Regents BLDG.
INCREDIBLE PRICE REDUCTION!!! Modern and renovated corner unit in Salt Lake. This stylishly chic and move-in ready updated and fully furnished 1-bed/1-bath leasehold condo at Five Regents offers bright, open living with tasteful modern touches. Features include vinyl plank flooring, a space-saving Murphy bed, quartz kitchen counters with open shelving, and a sleek bathroom with a rain shower, wood-look tile, and stone pebble flooring. Large corner windows provide great natural light. With 24-hour security, this unit is conveniently located near shopping, dining, and freeway access. A perfect urban retreat in central Honolulu!

2888 Ala Ilima Street Unit 611, Honolulu
$65,000
1 Baths ⋅ 202609843 MLS ⋅ LH - Leasehold Tenure ⋅ 71 DOM ⋅ Kuhio Village 2 BLDG.

2450 Prince Edward Street Unit 905A, Honolulu
$184,900
2 Beds ⋅ 2 Baths ⋅ 202609810 MLS ⋅ LH - Leasehold Tenure ⋅ 71 DOM ⋅ Waikiki Lanais BLDG.
Highly sought after unit in the well kept Waikiki Lanais condo. End unit with spectacular views of the city and mountain.

2452 Tusitala Street Unit 1510, Honolulu
$210,000
1 Beds ⋅ 1 Baths ⋅ 202609394 MLS ⋅ LH - Leasehold Tenure ⋅ 72 DOM ⋅ Five Regents BLDG.
OPEN HOUSE SUNDAY 6/14, 1:00-3:00PM and Saturday 6/13 3-5PM ! Affordable 1 bedroom / 1 bathroom / 1 parking stall unit located in the prime location of Salt Lake. Minutes away from Downtown Honolulu, Honolulu Airport, Pearl Harbor-Hickam AFB, Tripler Hospital, freeway entrances, Target, Salt Lake Shopping Center, and so much more. Ideal for a first-time buyer or investor seeking steady rent potential. Secure building with fob entry. Amenities include a swimming pool, sauna, BBQ, recreational area, tennis/basketball court, community laundry, and guest parking. Buyers and Buyers agent to do their own due diligence.

2888 Ala Ilima Street Unit 2705, Honolulu
$115,000
1 Beds ⋅ 1 Baths ⋅ 202609682 MLS ⋅ LH - Leasehold Tenure ⋅ 74 DOM ⋅ Tradewinds Hotel Inc BLDG.
Fully furnished in a resort-like setting, the Tradewinds is a short walk away from beaches, Ala Moana Shopping Center, the Honolulu Convention Center, numerous Restaurants and shopping. The building offers a cool-pool, security guard, rooftop community laundry, long-time Resident Manager and gated secure access. Maintenance fees include all monthly fees, such as electricity, water/sewer, wi-fi/internet, lease rent, property taxes, etc. Parking is available at lots nearby for a fee. Unit was recently painted. Current tenants' lease expires 6/30/2026.

1720 Ala Moana Boulevard Unit 705A, Honolulu
$238,000
2 Beds ⋅ 1 Baths ⋅ 202608787 MLS ⋅ LH - Leasehold Tenure ⋅ 75 DOM ⋅ Victoria Mansions BLDG.
Turnkey investment opportunity! High-demand 2-bed, 1-bath fully furnished condo near downtown. Rented monthly on Airbnb for over $4000/month for the past 3 years with strong positive cash flow. This bright, renovated condo is located in a quiet Makiki neighborhood, but only minutes from downtown. The unit includes an updated kitchen and bath, new floors, a balcony, an in-unit washer/dryer, and parking. Last leasehold unit in the building, with an option to convert to fee simple.

1456 Thurston Avenue Unit A801, Honolulu
$275,000
2 Beds ⋅ 2 Baths ⋅ 202609208 MLS ⋅ LH - Leasehold Tenure ⋅ 81 DOM ⋅ Foster Tower BLDG.
***Price Reduction*** Enjoy the true Waikiki lifestyle experience! This prestigious building is located at the historic 2500 Kalakaua Avenue just steps from the beach. Foster Tower has been an iconic landmark as Waikiki's first condominium high-rise. This large 1,544 sq. ft. second floor corner unit features a large wrap-around patio overlooking the famous Waikiki Beach, new flooring in bedrooms and bathrooms, full kitchen, two full bathrooms, new AC units and ceiling fans. This is perfect for as your vacation or second home. You are walking distance from all of the popular attractions such as the beautiful Waikiki beaches, Diamond Head, Kapiolani Park, International Market Place and many other shops and eateries. Foster Tower features amenities such as 24 hour security, secure remote entry, pool, sauna, gym, pet friendly and is approved for 30 day vacation rental.

2500 Kalakaua Avenue Unit 201, Honolulu
$260,000
2 Beds ⋅ 1 Baths ⋅ 202609045 MLS ⋅ LH - Leasehold Tenure ⋅ 83 DOM ⋅ Royal Aloha BLDG.
Welcome to Royal Aloha 2-bedroom 1 bath legal vacation rental. Enjoy with open lanai overlooking the Ala Wai Canal with beautiful mountain views. just steps from shopping, dining, entertainment, and world-famous Waikiki Beach! Ideal for a vacation home, investment property, or a home in the heart of the action. Leasehold, expiration in 2041.

1909 Ala Wai Boulevard Unit 504, Honolulu
$770,000
2 Beds ⋅ 2 Baths ⋅ 202608776 MLS ⋅ LH - Leasehold Tenure ⋅ 85 DOM ⋅ Waikiki Beach Tower BLDG.
Experience Luxury Island Living at Waikiki Beach Tower. Discover this beautifully renovated lower-floor unit in the sought after Waikiki Beach Tower. Enjoy the gorgeous ocean view from your private lanai, and relax in a fully furnished space featuring modern upgrades and tasteful finishes. Located in world renowned Waikiki and directly across from the iconic Waikiki Beach, this residence offers the perfect blend of comfort, convenience, and resort-style living. Waikiki Beach Tower is a unique luxury condotel, known for its exceptional amenities, including valet service, pool, fitness center, and 24-hour security. Whether you’re looking for a vacation retreat, investment opportunity, or full-time island home, this unit is a rare find in one of Oahu’s most sought-after buildings.

2470 Kalakaua Avenue Unit 504, Honolulu
$395,000
2 Beds ⋅ 1 Baths ⋅ 202608874 MLS ⋅ LH - Leasehold Tenure ⋅ 85 DOM ⋅ 1448 Young St BLDG.
A well maintained unit in a newer building that is ideally located in the Makiki neighborhood with convenient access to parks, shopping, dining and medical centers. With secured entry to the building, and one unassigned parking along with ample guest parking, visitors and workmen are well accommodated. The convenience of the 2nd floor location provides the owners the option of using the stairs for entry to the unit. The property is in a pretty setting and has the benefits of a newer constructed building. It is a leasehold property with exceptionally low lease rent of only $1.00 per year until 2029 after which the lease will be renegotiated. The unit itself is bright and cheerful and well laid out. No pets are allowed. Seller cannot close the sale prior to Sept. 1, 2026.

1448 Young Street Unit 203, Honolulu
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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.