| 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. 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# | 202607305 |
| Price | $265,000 |
| Original Price | $310,000 |
| Price Change | $-45,000 (-14.52%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 271 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $938 |
| Building | Waikiki Grand Hotel |
| Address | 134 Kapahulu Avenue 700 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 170 |
| Year Built | 1963 |
| Year Remodeled | 2024 |
| Condition | Excellent |
| View | None, City |
| Parking | None |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone X |
| Tax Amount | $469 |
| Assessed Land | $85,600 |
| Assessed Building | $305,300 |
| Assessed Total | $390,900 |
| Assessed Ratio | 68% |
| Inclusions | AC Window Unit, Cable TV, Drapes, Kitchenware, Linens, Microwave, Refrigerator, Smoke Detector |
| Amenities | Community Association Pool, 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 # | 1-2-6-027-031-0103 |
| 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 | 202607305 | Price Decrease | $270,000 | $265,000 | $265,000 | $0 | $390,900 | $85,600 | $305,300 |
| 07-09-2026 | 202607305 | Price Decrease | $280,000 | $270,000 | $265,000 | $0 | $390,900 | $85,600 | $305,300 |
| 06-17-2026 | 202607305 | Price Decrease | $290,000 | $280,000 | $265,000 | $0 | $390,900 | $85,600 | $305,300 |
| 05-26-2026 | 202607305 | Price Decrease | $300,000 | $290,000 | $265,000 | $0 | $390,900 | $85,600 | $305,300 |
| 04-23-2026 | 202607305 | Price Decrease | $310,000 | $300,000 | $265,000 | $0 | $390,900 | $85,600 | $305,300 |
| 04-10-2026 | 202607305 | New Listing | A | $265,000 | $0 | $390,900 | $85,600 | $305,300 | |
| 04-07-2026 | 202509389 | Expired | A | X | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 03-04-2026 | 202509389 | Price Decrease | $339,999 | $329,999 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 02-09-2026 | 202509389 | Price Decrease | $349,999 | $339,999 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 02-02-2026 | 202509389 | Price Decrease | $350,000 | $349,999 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 01-20-2026 | 202509389 | Price Decrease | $353,000 | $350,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 11-21-2025 | 202509389 | Price Decrease | $355,000 | $353,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 10-11-2025 | 202509389 | Price Decrease | $358,000 | $355,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 10-08-2025 | 202509389 | Back On Market | X | A | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 10-07-2025 | 202509389 | Expired | A | X | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 09-03-2025 | 202509389 | Price Increase | $355,000 | $358,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 08-18-2025 | 202509389 | Price Decrease | $359,000 | $355,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 08-12-2025 | 202509389 | Price Decrease | $364,000 | $359,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 06-13-2025 | 202509389 | Price Decrease | $379,000 | $364,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 05-21-2025 | 202509389 | Price Decrease | $397,000 | $379,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 04-29-2025 | 202509389 | Price Decrease | $399,000 | $397,000 | $329,999 | $0 | $390,900 | $85,600 | $305,300 |
| 04-04-2025 | 202509389 | New Listing | A | $329,999 | $0 | $390,900 | $85,600 | $305,300 | |
| 03-28-2025 | 202502808 | Cancelled | A | W | $399,000 | $0 | $390,900 | $85,600 | $305,300 |
| 01-28-2025 | 202502808 | New Listing | CS | A | $399,000 | $0 | $390,900 | $85,600 | $305,300 |
| 01-21-2022 | 202118809 | Sold | C | S | $305,000 | $295,000 | $223,300 | $85,600 | $137,700 |
| 11-21-2021 | 202118809 | In Escrow Showing | A | C | $305,000 | $295,000 | $223,300 | $85,600 | $137,700 |
| 07-15-2021 | 202118809 | New Listing | A | $305,000 | $295,000 | $223,300 | $85,600 | $137,700 | |
| 10-22-2019 | 201905591 | Withdrawn | A | W | $309,000 | $0 | $231,200 | $61,800 | $169,400 |
| 08-13-2019 | 201905591 | Back On Market | C | A | $309,000 | $0 | $231,200 | $61,800 | $169,400 |
| 07-26-2019 | 201905591 | In Escrow Showing | A | C | $309,000 | $0 | $231,200 | $61,800 | $169,400 |
| 06-17-2019 | 201905591 | Price Decrease | $319,000 | $309,000 | $309,000 | $0 | $231,200 | $61,800 | $169,400 |
| 03-06-2019 | 201905591 | New Listing | A | $309,000 | $0 | $231,200 | $61,800 | $169,400 | |
| 06-24-2016 | 201605428 | Sold | P | S | $200,000 | $190,000 | $178,000 | $39,000 | $139,000 |
| 06-09-2016 | 201605428 | Pending | C | P | $200,000 | $190,000 | $178,000 | $39,000 | $139,000 |
| 05-25-2016 | 201605428 | Active Continue to Show | A | C | $200,000 | $190,000 | $178,000 | $39,000 | $139,000 |
| 05-11-2016 | 201605428 | Price Increase | $195,000 | $200,000 | $200,000 | $190,000 | $178,000 | $39,000 | $139,000 |
| 04-18-2016 | 201605428 | Price Decrease | $210,000 | $195,000 | $200,000 | $190,000 | $178,000 | $39,000 | $139,000 |
| 03-16-2016 | 201605428 | New Listing | A | $200,000 | $190,000 | $178,000 | $39,000 | $139,000 | |
| 03-16-2016 | 201605428 | $210,000 | $200,000 | $190,000 | $178,000 | $39,000 | $139,000 | ||
| 12-22-2011 | 1103175 | Sold | C | S | $125,000 | $125,000 | $131,600 | $23,800 | $107,800 |
| 06-29-2011 | 1103175 | Active Continue to Show | A | C | $125,000 | $125,000 | $131,600 | $23,800 | $107,800 |
| 03-15-2011 | 1103175 | New Listing | A | $125,000 | $125,000 | $131,600 | $23,800 | $107,800 | |
| 04-06-2006 | 2514781 | Sold | P | S | $212,000 | $212,000 | $212,000 | $27,000 | $185,000 |
| 04-04-2006 | 2514781 | Pending | C | P | $212,000 | $212,000 | $212,000 | $27,000 | $185,000 |
| 03-11-2006 | 2514781 | Active Continue to Show | A | C | $212,000 | $212,000 | $212,000 | $27,000 | $185,000 |
| 02-27-2006 | 2514781 | Price Decrease | $222,800 | $212,000 | $212,000 | $212,000 | $212,000 | $27,000 | $185,000 |
| 02-27-2006 | 2514781 | Back On Market | W | A | $212,000 | $212,000 | $212,000 | $27,000 | $185,000 |
| 02-24-2006 | 2514781 | Withdrawn | A | W | $212,000 | $212,000 | $212,000 | $27,000 | $185,000 |
| 09-06-2005 | 2514781 | New Listing | A | $212,000 | $212,000 | $212,000 | $27,000 | $185,000 |
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