Excellent opportunity to own a legal short-term rental at Inn on the Park in Waikiki. This leasehold studio is ready for a full renovation and offers excellent potential for a buyer looking to create value in one of Honolulu’s most recognizable visitor destinations. Located at 1920 Ala Moana Boulevard, Inn on the Park is a nonconforming condotel building that allows short-term rentals, making this an attractive option for investors seeking a Waikiki vacation rental opportunity. The unit needs a complete remodel, giving the next owner a blank canvas to design a fresh, modern island retreat for personal use, rental income, or both. The building offers desirable amenities including a pool, BBQ area, recreation area, and community laundry. Enjoy a convenient Waikiki location near Waikiki Beach, Fort DeRussy Beach Park, Hilton Hawaiian Village Lagoon, Ala Moana Center, Magic Island, restaurants, shopping, surf spots, and public transportation. A great value add opportunity for buyers looking for a legal short-term rental in Waikiki. Property is being sold as-is. Buyer to conduct their own due diligence.
Listing courtesy of Compass. Selling Office: Central Pacific Properties Inc.
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