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$305,000
WAIKIKI · Honolulu · 96815 · MLS 202618832
TURN-KEY LEGAL SHORT-TERM RENTAL IN WAIKIKI! Excellent investment opportunity in the heart of Waikiki at the Hawaiian Monarch. This fully furnished corner studio is a legal short-term rental and is vacation rental–ready, offering flexibility for both short- and long-term rentals. The functional layout includes a mini refrigerator, microwave, and hot plate, making it convenient for guests. Enjoy beautiful ocean views from a secure building with 24-hour security, an on-site manager, swimming pool, jacuzzi, BBQ area, fitness center, and community laundry. Conveniently located near world-famous Waikiki Beach, Fort DeRussy Park, Ala Moana Center, the Hawai‘i Convention Center, restaurants, shopping, and entertainment. The attached parking garage offers daily paid parking for owners and guests. Hawaiian Monarch is also known for its relatively low maintenance fees. A great opportunity to own a turn-key, legal short-term rental in one of O‘ahu’s most popular visitor destinations.
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Mortgage News Daily ↗ · Sep 4, 2026 · checking for updates
National index, adjusted for points; not an APR, zero-point quote, or Hawaiʻi lender offer.
Low-down-payment programs have eligibility requirements. High-balance and jumbo pricing may differ from the national conforming benchmark.
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Payoff in 30 years, 0 months.
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Estimated monthly payment · year one
Conventional · 30 years · 6.89% interest
Includes down payment, cash-paid upfront fees, points and entered closing costs/prepaids. Before deposits and credits; not final cash to close.
Oʻahu Home Search and The Ulu Team do not provide a Loan Estimate, rate lock, credit decision, or guarantee of payment through this tool. Rates are national benchmarks or your inputs, not APRs or personalized quotes. Actual rates, points, loan limits, fees and eligibility depend on your lender, credit, income, occupancy, entitlement, property and appraisal.
Models fixed-rate purchase financing for a one-unit home. FHA rules shown are standard forward-loan rules, not Hawaiian Home Lands or other special programs. VA/FHA selection does not establish eligibility. Taxes, insurance, HOA fees, ground rent and assessments may change; omitted or zero costs are excluded. FHA MIP is a year-one estimate and can change; conventional PMI cancellation is subject to lender and servicing rules. Upfront cash is a subtotal, not a closing disclosure. Verify all terms, costs, coverage and credits with a licensed lender, insurer and escrow professional before making a financial decision.
Loan rules: VA · HUD / FHA · CFPB points guide
Listed by Locations LLC
Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.
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