Located at the entrance to Waikiki, this LEGAL SHORT-TERM RENTAL in the Hawaiian Monarch offers flexibility, convenience, and strong income potential. This 1-bedroom, 2-bath unit features two separate entrances, allowing it to be rented as two individual studio units. Enjoy sweeping views of Diamond Head, Ala Wai Canal, the City Skyline, Ocean Views and the Marina from this high-floor unit. 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 Waikikis most versatile and sought-after short-term rental buildings.