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1765 Ala Moana Blvd APT 490, Honolulu, HI, 96815

1beds
1baths
651sqft
$748,000
$1,149price/sqft
$4,386/moest. monthly cost
$175,440/yrincome needed

About This Home

Welcome to Ilikai Marina—an exceptional opportunity for a second home or legal short-term rental on the edge of Waikiki. This desirable unit showcases stunning marina views paired with breathtaking sunset vistas, creating the perfect island retreat or income-producing property. Ideally located just minutes from Ala Moana Center, you’ll enjoy world-class shopping, dining, and entertainment right at your doorstep. Spend your days relaxing at Magic Island or strolling along the nearby shoreline, all within easy reach. As the sun sets, head over to the Hilton Hawaiian Village Lagoon to take in the vibrant Friday night fireworks. Whether you’re looking for a personal getaway or a proven vacation rental, Ilikai Marina offers the ideal blend of location, lifestyle, and flexibility—making it a rare chance to own a slice of paradise with strong income potential.

Getting Around

89
WalkingVery Walkable
65
TransitGood Transit
71
BikeVery Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 1968

Materials

  • Construction materials: Concrete

Type & Style

  • Home type: Condo
  • Architectural style: High Rise
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Bedroom on Main Level,SingleLivingLevel
  • Flooring: Hardwood

Interior Area

  • Total structure area: 651
  • Total interior livable area: 651 sqft

Property

Details

  • Parcel number: 1260100020027
  • Zoning description: X6 - Resort Mixed Use Precinct
  • Special condition: None

Features

  • Levels: Three Or More,One
  • Has view: Yes
  • View description: Canal,Ocean,Sunset
  • Has water view: Yes
  • Water view: Canal,Ocean

Parking

  • Parking features: None,On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,782$45,384
Home Insurance *$33$396
Property Taxes $197$2,364
Electricity $374$4,497
Total$4,386$52,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,377/yr
40% on housing$131,580/yr
45% on housing$116,960/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,149This listing

vs Other Active Listings

Avg $/sqft

ZIP 96815$699
Honolulu County$747

vs Homes Sold Last Month

Median $/sqft

ZIP 96815$1,414
Honolulu County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$748,000
2010-04-30Sold$299,000

For Sale by Agent

AgentGene Neal
BrokerageRedfin Corporation

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