Beautifully renovated studio with kitchenette and spectacular Ocean, Diamond Head, Ala Wai and mountain views perfect for investors. The Hawaiian Monarch is legal for short term and vacation rentals, as well as long term rentals, and is ideal for Airbnb with its fabulous amenities including a resort type pool, hot tub, barbeque grills, picnic area, fitness center, laundry, restaurants, pub and convenience store, and is an centrally located near Waikiki's beaches, restaurants, shops and bus lines and in walking distance of the Ala Moana Mall. The building is very secure with 24 hour security guards, security cameras and keyed elevator. This unit is currently dedicated for residential use (long term rentals of 30 days or more). The dedication expires on June 30, 2023 at which time property will be zoned for short term vacation rentals. Please contact The Real Property Assessment Division if you would like additional details. Please note that the current taxes are based on residential status and will increase when residential dedication expires. Tenant's lease expires 8/27/23. Current rent is $1400 per month.
Built: 1979, 44 Floors with 439 Units, Studio & 1 - 2BR Floor plans, Pets: No.
Amenities: Pool, Meeting Room, BBQ Area.
Short-term Vacation Renting: Allowed.
Hawaiian Monarch, a condotel near Waikiki’s west entrance off McCully St by the Ala Wai Canal, allows owners to tap into Hawaii’s tourism industry with short-term rental rights. The property is also home to some commercial spaces, including restaurants, car rentals and a 3-story public parking garage.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
Beautifully renovated studio with kitchenette and spectacular Ocean, Diamond Head, Ala Wai and mountain views perfect for investors. The Hawaiian Monarch is legal for short term and vacation rentals, as well as long term rentals, and is ideal for Airbnb with its fabulous amenities including a resort type pool, hot tub, barbeque grills, picnic area, fitness center, laundry, restaurants, pub and convenience store, and is an centrally located near Waikiki's beaches, restaurants, shops and bus lines and in walking distance of the Ala Moana Mall. The building is very secure with 24 hour security guards, security cameras and keyed elevator. This unit is currently dedicated for residential use (long term rentals of 30 days or more). The dedication expires on June 30, 2023 at which time property will be zoned for short term vacation rentals. Please contact The Real Property Assessment Division if you would like additional details. Please note that the current taxes are based on residential status and will increase when residential dedication expires. Tenant's lease expires 8/27/23. Current rent is $1400 per month.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
Built: 1979, 44 Floors with 439 Units, Studio & 1 - 2BR Floor plans, Pets: No.
Amenities: Pool, Meeting Room, BBQ Area.
Short-term Vacation Renting: Allowed.
Hawaiian Monarch, a condotel near Waikiki’s west entrance off McCully St by the Ala Wai Canal, allows owners to tap into Hawaii’s tourism industry with short-term rental rights. The property is also home to some commercial spaces, including restaurants, car rentals and a 3-story public parking garage.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
