Built: 1980, 121 Units on 32 Floors, Studio & 1BR, Pets: No.
Amenities: Pool, Hot Tub, Sauna, BBQ, Event Room.
Short-term Vacation Renting: Not Allowed.
Pacific Monarch, a condo hotel in central Waikiki with a front desk - Pacific Monarch Hotel - operated by Springboard Hospitality managing several units for owners as vacation rentals. Located on Kuhio and Uluniu Aves, it’s a very short stroll to Kuhio Beach. It has the highest rooftop pool in Waikiki with 360-degree views of the ocean, mountains, and a 2,000 sq ft event room for intimate events (up to 30 people) with panoramic Waikiki, mountain, and ocean views.
Units: 139 studios and 1BR suites (360-443 sq ft), all with full kitchens or kitchenettes, in-room coffee, and lanais; select units boast unobstructed ocean views, enhancing rental appeal.
Dining: Musubi Cafe Iyasume, a renowned local Hawaiian eatery on the ground floor, offers homemade plate lunches, bento, rice balls, and more at affordable prices.
Over the past 3 years, an average of 13 fee simple condos sold per year in Pacific Monarch. This moderate sample size provides a reasonable view of market trends, but some variability may exist.
The Pacific Monarch graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Pacific Monarch Market Summary (February '25 - January '26 vs February '24 - January '25)
Median Sales Price: $609,490 vs $602,500 — up 1.16%
List-to-Sale Price Ratio: 97.53% vs 100% — down 2.47%
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.