| Description | Fully Renovated, Turnkey Legal Short-Term Rental Across from Queen’s Beach & Honolulu Zoo. Seller is open to creative financing options, including potential no-money-down structures on this turnkey investment. Welcome to this exceptional unit in the Waikiki Grand Hotel—legally permitted for short-term rentals and perfectly positioned in the heart of Waikiki. Fully furnished and turnkey, this high-performing vacation rental offers strong income potential and consistent occupancy, making it an ideal investment opportunity. Located directly across from the Honolulu Zoo, Kapiolani Park, and just steps from world-famous Waikiki Beach, this property sits in one of Oahu’s most sought-after visitor destinations—ensuring year-round demand. Thoughtfully renovated, the unit features split AC for enhanced comfort, contributing to positive guest experiences and maximizing rental performance. Enjoy access to resort-style amenities, including a pool, rooftop lounge with panoramic ocean views, spacious lobby, on-site restaurant, community laundry, and 24-hour security. This is a rare opportunity to own a proven, high-performing vacation rental in one of Waikiki’s most desirable locations. |
|---|---|
| Status | Active since 04-10-2026 |
| MLS# | 202607299 |
| Price | $255,000 |
| Original Price | $300,000 |
| Price Change | $-45,000 (-15.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 218 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $918 |
| Lanai Sq Ft | 51 |
| Building | Waikiki Grand Hotel |
| Address | 134 Kapahulu Avenue 303 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 170 |
| Year Built | 1963 |
| Year Remodeled | 2024 |
| Condition | Excellent |
| View | City |
| Parking | None |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone X |
| Tax Amount | $433 |
| Assessed Land | $83,800 |
| Assessed Building | $277,000 |
| Assessed Total | $360,800 |
| Assessed Ratio | 71% |
| Inclusions | AC Split, Cable TV, Drapes, Kitchenware, Linens, Microwave, Refrigerator, Smoke Detector |
| Amenities | Community Laundry, Condo Association Pool, Fire Sprinkler, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Restaurant, Security Guard, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, Other |
| Disclosures | None |
| Furnished | Full |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Parcel # | 1-2-6-027-031-0018 |
| Listing courtesy of | Compass |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-28-2026 | 202607299 | Price Decrease | $260,000 | $255,000 | $255,000 | $0 | $360,800 | $83,800 | $277,000 |
| 07-09-2026 | 202607299 | Price Decrease | $270,000 | $260,000 | $255,000 | $0 | $360,800 | $83,800 | $277,000 |
| 06-17-2026 | 202607299 | Price Decrease | $280,000 | $270,000 | $255,000 | $0 | $360,800 | $83,800 | $277,000 |
| 05-26-2026 | 202607299 | Price Decrease | $290,000 | $280,000 | $255,000 | $0 | $360,800 | $83,800 | $277,000 |
| 04-23-2026 | 202607299 | Price Decrease | $300,000 | $290,000 | $255,000 | $0 | $360,800 | $83,800 | $277,000 |
| 04-10-2026 | 202607299 | New Listing | A | $255,000 | $0 | $360,800 | $83,800 | $277,000 | |
| 04-07-2026 | 202509344 | Expired | A | X | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 03-04-2026 | 202509344 | Price Decrease | $319,999 | $309,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 02-09-2026 | 202509344 | Price Decrease | $329,999 | $319,999 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 02-02-2026 | 202509344 | Price Decrease | $330,000 | $329,999 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 01-20-2026 | 202509344 | Price Decrease | $333,000 | $330,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 11-21-2025 | 202509344 | Price Decrease | $335,000 | $333,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 10-11-2025 | 202509344 | Price Decrease | $338,000 | $335,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 10-08-2025 | 202509344 | Back On Market | X | A | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 10-07-2025 | 202509344 | Expired | A | X | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 09-03-2025 | 202509344 | Price Increase | $335,000 | $338,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 08-18-2025 | 202509344 | Price Decrease | $338,000 | $335,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 06-13-2025 | 202509344 | Price Decrease | $348,000 | $338,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 05-21-2025 | 202509344 | Price Decrease | $368,000 | $348,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 04-29-2025 | 202509344 | Price Decrease | $378,000 | $368,000 | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 04-04-2025 | 202509344 | New Listing | CS | A | $309,000 | $0 | $360,800 | $83,800 | $277,000 |
| 04-04-2025 | 202509344 | Coming Soon | CS | $309,000 | $0 | $360,800 | $83,800 | $277,000 | |
| 03-28-2025 | 202501592 | Cancelled | A | W | $378,000 | $0 | $360,800 | $83,800 | $277,000 |
| 01-27-2025 | 202501592 | Price Decrease | $388,000 | $378,000 | $378,000 | $0 | $360,800 | $83,800 | $277,000 |
| 01-10-2025 | 202501592 | New Listing | A | $378,000 | $0 | $360,800 | $83,800 | $277,000 | |
| 12-20-2022 | 202206634 | Withdrawn | A | W | $400,000 | $0 | $210,600 | $83,800 | $126,800 |
| 09-19-2022 | 202206634 | Price Increase | $350,000 | $400,000 | $400,000 | $0 | $210,600 | $83,800 | $126,800 |
| 04-08-2022 | 202206634 | New Listing | A | $400,000 | $0 | $210,600 | $83,800 | $126,800 | |
| 01-24-2022 | 202118807 | Sold | C | S | $269,000 | $250,000 | $210,600 | $126,800 | $83,800 |
| 11-21-2021 | 202118807 | In Escrow Showing | A | C | $269,000 | $250,000 | $210,600 | $126,800 | $83,800 |
| 07-15-2021 | 202118807 | New Listing | A | $269,000 | $250,000 | $210,600 | $126,800 | $83,800 | |
| 10-22-2019 | 201905589 | Withdrawn | A | W | $225,000 | $0 | $209,200 | $60,500 | $148,700 |
| 09-13-2019 | 201905589 | Price Decrease | $239,000 | $225,000 | $225,000 | $0 | $209,200 | $60,500 | $148,700 |
| 09-06-2019 | 201905589 | Price Decrease | $249,000 | $239,000 | $225,000 | $0 | $209,200 | $60,500 | $148,700 |
| 06-17-2019 | 201905589 | Price Decrease | $269,000 | $249,000 | $225,000 | $0 | $209,200 | $60,500 | $148,700 |
| 03-06-2019 | 201905589 | New Listing | A | $225,000 | $0 | $209,200 | $60,500 | $148,700 | |
| 03-01-2018 | 201718447 | Expired | A | X | $225,000 | $0 | $200,500 | $46,500 | $154,000 |
| 02-15-2018 | 201718447 | Price Decrease | $259,000 | $225,000 | $225,000 | $0 | $200,500 | $46,500 | $154,000 |
| 08-28-2017 | 201718447 | New Listing | A | $225,000 | $0 | $200,500 | $46,500 | $154,000 | |
| 12-21-2016 | 201628178 | Sold | C | S | $184,000 | $179,500 | $178,000 | $38,200 | $139,800 |
| 12-05-2016 | 201628178 | Active Continue to Show | A | C | $184,000 | $179,500 | $178,000 | $38,200 | $139,800 |
| 11-21-2016 | 201628178 | New Listing | A | $184,000 | $179,500 | $178,000 | $38,200 | $139,800 | |
| 07-11-2012 | 1108480 | Expired | A | X | $135,000 | $0 | $125,800 | $23,300 | $102,500 |
| 07-11-2011 | 1108480 | New Listing | A | $135,000 | $0 | $125,800 | $23,300 | $102,500 | |
| 11-04-2004 | 2410088 | Sold | C | S | $83,800 | $83,800 | $63,600 | $17,600 | $46,000 |
| 09-28-2004 | 2410088 | Active Continue to Show | A | C | $83,800 | $83,800 | $63,600 | $17,600 | $46,000 |
| 08-07-2004 | 2410088 | Back On Market | P | A | $83,800 | $83,800 | $63,600 | $17,600 | $46,000 |
| 08-07-2004 | 2410088 | Pending | A | P | $83,800 | $83,800 | $63,600 | $17,600 | $46,000 |
| 08-07-2004 | 2410088 | Price Decrease | $89,800 | $83,800 | $83,800 | $83,800 | $63,600 | $17,600 | $46,000 |
| 07-06-2004 | 2410088 | New Listing | A | $83,800 | $83,800 | $63,600 | $17,600 | $46,000 | |
| 03-15-2002 | 2108604 | Price Decrease | $37,000 | $34,000 | $37,000 | $34,000 | $57,200 | $17,600 | $39,600 |
| 03-15-2002 | 2108604 | Sold | P | S | $37,000 | $34,000 | $57,200 | $17,600 | $39,600 |
| 02-21-2002 | 2108604 | Pending | A | P | $37,000 | $34,000 | $57,200 | $17,600 | $39,600 |
| 08-26-2001 | 2108604 | New Listing | A | $37,000 | $34,000 | $57,200 | $17,600 | $39,600 |
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