Ilikai Apt Building Unit 601 in WAIKIKI
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Bedrooms
1
Bathrooms
620
Sqft
6
Floor
1965
Year Built
0
Parking
Data Discrepancies
Flood Zone
MLS lists flood zone X, but the current effective FEMA map (June 10, 2026) shows AE. The MLS value may predate the map update — verify before relying on it.
Parking
Building offers parking (assigned, covered, guest, valet) but listing shows none. Parking may have been omitted because it requires $1.00/mo fee - not guaranteed with unit.
Unconfirmed Features
Listing mentions features not confirmed by building records: Meeting Room
Unlisted Building Features
Building has features not mentioned in listing: BBQ, Doorman, Exercise Room, Resident Manager, Storage
Description
The Ilikai has anchored the Honolulu skyline since 1964, one of the few Waikiki buildings still licensed for legal daily vacation rentals in a market where new short-term rental permits are nearly impossible to obtain. Unit 601 is a fully remodeled 500 square foot one bedroom, one bath, listed at $599,000. The renovation strips the space to clean lines and natural light: new kitchen, new bath, finishes built to hold up under daily guest turnover without losing the feel of a home. For a portfolio, that combination is rare: a legally operating nightly rental in a landmark building, sized to run efficiently, priced to pencil. Building amenities include a resort pool, on site dining, and direct access to the marina, Ala Moana, and Waikiki Beach. Whether held as a personal Honolulu base or run as a short-term rental, 601 offers what few Ilikai units can: legal standing, current numbers, and a location guests respond to. Rental income potential is not guaranteed; buyer to independently verify permit status, HOA rules.
Views
Features
Amenities
Inclusions
Lot & Legal
Building Features
Listing History
- Sep 9, 2026Price reducedto $599,000
- Aug 4, 2026Price reducedto $645,000
- Jun 22, 2026Price reducedto $699,000
- Apr 12, 2026Price reducedto $725,000
- Jan 21, 2026Listedat $599,000
- Dec 13, 2022Listedat $799,000
Includes all MLS listings of this same physical unit (matched by TMK).
Ownership History
- February 14, 2023Apartment Deed
- April 25, 2022Apartment Deed
- May 21, 1997Apartment Deednon-market
- —Fee Simple Deed
- —MLS 202221719Cancelled
- —MLS 202201856Sold
From Honolulu County property records. Non-market transfers (e.g. into a family trust) are noted and excluded from market comparisons.
Listing Details
Property Details
Monthly Costs
All amounts are monthly