Welcome to this beautifully renovated, active legal short-term rental in the highly desirable Hawaiian Monarch! Exceptional income-producing investment with a strong and verifiable track record. In 2024, this unit generated an impressive $50,738.14 in gross rental income with over 94% occupancy on Airbnb, making it one of the most reliable performers in its category. Investors will appreciate the consistent demand, high booking rate, and turnkey readiness that allow for seamless continued operation. Perched on the 10th floor, this unit also offers stunning Mountain, City, and Diamond Head views and is perfectly situated in Waikiki. Guests enjoy immediate access to world-renowned beaches, popular restaurants, vibrant shops, and convenient bus lines-further supporting year-round occupancy.The Hawaiian Monarch is known for its low maintenance fees, excellent location, and extensive amenities, including a fitness center, pool, hot tub, barbecue area, laundry facilities, 24-hour security, and on-site restaurants and shops. This is a rare opportunity to own a high-performing, hassle-free investment property in one of Waikiki's most sought-after short-term rental building.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Flooring: Ceramic Tile, Laminate
Pool and Spa
Home Features
- View: Canal, City, Golf Course, Mountain(s)
- Security Features: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Fire Sprinkler System, Security Guard
Homeowners Association
- Association Fee Includes: Common Areas, Cable TV, Gas, Hot Water, Internet, Sewer, Water
- Maintenance Expense: 413
Amenities and Community Features
- Community Features: Barbecue, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Trash Chute, Condo Hotel Community
Other Property Info
- Annual Tax Amount: 2064
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit,Blinds,Cable TV,Drapes,Kitchenware,Linens,Microwave,Refrigerator,Smoke Detector
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-014-032-0207
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 223
- Year Built: 1979
- Building Area Total: 223
- Building Name: Hawaiian Monarch
- Construction Materials: Concrete
- Entry Level: 10
- Levels: Three Or More
- Property Age: 46
- Property Condition: Excellent, Updated/Remodeled
- Levels or Stories: Three Or More
- Year Built Effective: 2023
- Architectural Style: High Rise