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$175,000
2 Beds ⋅ 1 Baths ⋅ 202616965 MLS ⋅ LH - Leasehold Tenure ⋅ 9 DOM ⋅ Royal Aloha BLDG.
Wondering opportunity to purchase this condo at a great price! Schedule a showing today! One of the few legal short term rentals available. This is a LEASEHOLD unit.

1909 Ala Wai Boulevard Unit 204, Honolulu
$275,000
2 Beds ⋅ 1 Baths ⋅ 202613758 MLS ⋅ LH - Leasehold Tenure ⋅ 59 DOM ⋅ Royal Aloha BLDG.
Incredible opportunity to own a rare, legal short-term vacation rental or the ultimate urban beach pad in the heart of Oahu. Located at the vibrant gateway of Waikiki, this turnkey, fully furnished 2BR/1BA condo at the iconic Royal Aloha is famed for its stunning ocean-facing Wyland whale mural. Investors will love this high-performing income property, optimized to sleep 4 to 6 guests with a fully equipped kitchen, cool AC, and a private lanai with mountain and city views. Perfect as a hands-off rental or a personal island getaway that pays for itself. Calling all locals! If you work in town or Waikiki, ditch the brutal daily commute and live where you play. This highly walkable location means you can skip the car hassle entirely. You are just steps from world-famous surf, scenic Ala Wai strolls, premier dining, luxury shopping, and major transit routes. Secure building, move-in ready, and unbeatable convenience. Surf in the morning, walk to work, and enjoy the true Waikiki lifestyle! Maintenance fee includes; electricity, AC central, water, and sewer. Leasehold expire 2041.

1909 Ala Wai Boulevard Unit 807, Honolulu
$263,999
2 Beds ⋅ 1 Baths ⋅ 202612497 MLS ⋅ LH - Leasehold Tenure ⋅ 77 DOM ⋅ Royal Aloha BLDG.
Aloha! LEGAL short-term vacation rental unit. Leasehold expire 2041. Renovated 2 bedroom. 1 bath. Excellent condition. Fully furnished. New SPLIT AC unit in the living room plus building central AC system for all rooms. Current owners rent an assigned and secured parking stall in the nearby Waikiki Landmark Condo parking structure. Great rental income for investors. Convenient location. Walking distance to beaches, shopping center, Hawaii Convention Center. supermarkets and restaurant.

1909 Ala Wai Boulevard Unit 1308, Honolulu
$275,000
2 Beds ⋅ 1 Baths ⋅ 202611399 MLS ⋅ LH - Leasehold Tenure ⋅ 94 DOM ⋅ Royal Aloha BLDG.
PRICED TO SELL! Turnkey 2BR Legal Short-Term Rental in Waikiki. An incredible investment opportunity in the heart of Waikiki! Finding a 2-bedroom, 1-bathroom layout in a legal resort-zoned building with proven rental potential (up to $100k/year in 2025) Located at the beginning of Kalakaua Avenue in the desirable Royal Aloha, this leasehold condo is within easy walking distance to world-famous Waikiki Beach, local dining, and shopping. This rare corner-end unit offers extra privacy and comfort, complete with its own secured entry gate. Thoughtfully updated and move-in ready, it features fresh interior paint, vinyl plank flooring, new closet doors, and stylish finishes throughout.

1909 Ala Wai Boulevard Unit 601, Honolulu
$285,000
2 Beds ⋅ 1 Baths ⋅ 202610207 MLS ⋅ LH - Leasehold Tenure ⋅ 110 DOM ⋅ Royal Aloha BLDG.
Imagine starting your mornings with a warm island breeze and a cup of coffee on your private lanai while taking in views of the sparkling Ala Wai Canal, Honolulu skyline, and lush Ko?olau Mountains. Ideally situated in the heart of Waikiki, this beautifully updated 2-bedroom, 1-bath residence at the Royal Aloha offers more than just a place to call home—it offers the opportunity to enjoy the Waikiki lifestyle. Inside, you'll find granite kitchen countertops, attractive tile and laminate flooring, and an updated bathroom with modern finishes. Whether you're looking for an investment property, a tropical getaway, or your own island residence, this home offers exceptional flexibility. One of Royal Aloha's most desirable features is its allowance for legal short-term rentals, creating a rare opportunity to combine personal enjoyment with income potential. Just moments from world-famous Waikiki Beach, Ala Moana Center, Ala Wai Golf Course, and an incredible selection of shopping, dining, and entertainment, you'll have some of the very best of Honolulu right outside your door. Come experience the views, convenience, and island lifestyle.

1909 Ala Wai Boulevard Unit 1206, Honolulu
$230,000
2 Beds ⋅ 1 Baths ⋅ 202609045 MLS ⋅ LH - Leasehold Tenure ⋅ 129 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
$185,000
1 Beds ⋅ 1 Baths ⋅ 202600464 MLS ⋅ LH - Leasehold Tenure ⋅ 243 DOM ⋅ Royal Aloha BLDG.
DESIRABLE LEGAL SHORT-TERM VACATION RENTAL OPPORTUNITY IN WAIKIKI with a proven track record of strong occupancy and consistent rental activity. Welcome to Royal Aloha, one of the few resort-zoned buildings in Waikiki allowing legal daily rentals - an increasingly rare and valuable designation. This rarely available 1-bedroom stands out as most units in the building are 2-bedroom layouts, offering a more accessible entry point for investors seeking income potential in a high-demand location. Located on the 9th floor, the unit enjoys city, Ala Wai Canal, and mountain views, along with a full kitchen and efficient, guest-friendly layout. Offered turnkey and ready to rent, making for a seamless transition for the next owner. Royal Aloha is a secured building with on-site management and amenities including a pool, BBQ area, and lounge spaces, with community laundry on each floor and in the basement. Pet-friendly and ideally situated near Ala Moana, beaches, dining, shopping, and bus lines. Leasehold property with approximately 15 years remaining - an attractive opportunity for investors seeking strong cash flow at a lower entry price. Parking may be available for rent nearby.

1909 Ala Wai Boulevard Unit 1003, Honolulu

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.