Located at the entrance to Waikiki, this LEGAL SHORT-TERM RENTAL in the Hawaiian Monarch offers flexibility, convenience, and strong income potential. This studio enjoys sweeping views of Diamond Head, Ala Wai Canal, the City Skyline, Ocean Views and the Marina from this high-floor unit. Very rare but also desirable, this 09 stack is the largest studio unit in the building. The building features resort-style amenities including a swimming pool, whirlpool, fitness center, and laundry area. Guests can take advantage of a discounted on-site car rental service, a cost-effective alternative to parking. Plus, enjoy the convenience of an on-site store and coffee shop just steps away. Ideally located near Waikiki beaches, Ala Moana Shopping Center, and the Hawaii Convention Center, this condo is perfectly positioned to attract both vacationers and business travelers. Electricity is included in the Maintenance Fees so monthly fees will fluctuate based on use. This is a ready-to-go investment in one of Waikiki’s most versatile and sought-after short-term rental buildings.
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 12, 2025.Information is deemed reliable but not guaranteed.
Located at the entrance to Waikiki, this LEGAL SHORT-TERM RENTAL in the Hawaiian Monarch offers flexibility, convenience, and strong income potential. This studio enjoys sweeping views of Diamond Head, Ala Wai Canal, the City Skyline, Ocean Views and the Marina from this high-floor unit. Very rare but also desirable, this 09 stack is the largest studio unit in the building. The building features resort-style amenities including a swimming pool, whirlpool, fitness center, and laundry area. Guests can take advantage of a discounted on-site car rental service, a cost-effective alternative to parking. Plus, enjoy the convenience of an on-site store and coffee shop just steps away. Ideally located near Waikiki beaches, Ala Moana Shopping Center, and the Hawaii Convention Center, this condo is perfectly positioned to attract both vacationers and business travelers. Electricity is included in the Maintenance Fees so monthly fees will fluctuate based on use. This is a ready-to-go investment in one of Waikiki’s most versatile and sought-after short-term rental buildings.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 12, 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.
