Waikiki Lanais Unit 1201 in WAIKIKI
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Bedrooms
1.5
Bathrooms
951
Sqft
12
Floor
1978
Year Built
1
Parking
Data Discrepancies
Heated Pool
Building has a heated pool, but listing does not mention it
Additional Parking Options
Building also offers deeded, guest parking not mentioned in listing.
Unlisted Building Features
Building has features not mentioned in listing: Car Wash, Dog Park, Rooftop Deck, Sauna, Security Guard, Storage
Description
INVESTOR & FLIPPER SPECIAL IN THE HEART OF WAIKIKI! Rare opportunity to own a spacious 2-bedroom condo in one of Waikiki's most desirable and central locations, priced significantly below assessed value. This property is a blank canvas with endless possibilities—renovate and flip for a strong profit, customize it into your dream island residence, use it as a vacation home, or hold as a long-term investment. A standout feature is the exceptionally large lanai, perfect for relaxing and enjoying the Hawaiian trade winds. Located in the very heart of Waikiki, just steps from world-class beaches, dining, shopping, and entertainment.Even better, the building has undergone major capital improvements. Comprehensive seismic retrofitting is complete, and a building-wide plumbing replacement—including all water supply pipes—is complete or nearing completion, giving the new owner strong confidence in the structural integrity and modernized infrastructure.Investor, flipper, end user, or second-home buyer—this is a rare chance to own in an unbeatable Waikiki location with incredible upside and a building already invested in its own future. Bring your contractor and your best offer today!
Views
Features
Amenities
Inclusions
Lot & Legal
Building Features
Listing History
- Oct 3, 2026Price reducedto $360,000
- May 31, 2026Price reducedto $428,000
- Apr 15, 2026Active
- Apr 15, 2026Listedat $438,000
Includes all MLS listings of this same physical unit (matched by TMK).
Listing Details
Property Details
Monthly Costs
All amounts are monthly