| Description | Rare opportunity to own a legally permitted vacation rental in the heart of Waikiki! This fully furnished studio boasts the highly coveted Nonconforming Use Certificate (NUC:1990/NUC-0250), allowing for legal nightly short-term rentals—a privilege that can no longer be obtained for most properties. Enjoy beautiful ocean views from the lanai and a thoughtfully designed floor plan featuring 460 sq. ft. of interior living space plus a 47 sq. ft. lanai. Move-in or rental-ready, the unit includes an in-unit washer and dryer, one assigned covered parking stall, and access to ample guest parking. Four Paddle offers desirable amenities including a swimming pool, whirlpool spa, BBQ area, and 24-hour security. Maintenance fees conveniently include electricity, cable TV, hot water, water, and sewer. Whether you're seeking a turnkey investment property with legal short-term rental income potential or your own Waikiki getaway, this rare NUC-certified unit presents an exceptional opportunity in one of Honolulu's most sought-after resort destinations. |
|---|---|
| Status | Active since 06-15-2026 |
| MLS# | 202611621 |
| Price | $615,000 |
| Original Price | $625,000 |
| Price Change | $-10,000 (-1.60%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 460 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,078 |
| Lanai Sq Ft | 47 |
| Building | Four Paddle |
| Address | 2140 Kuhio Avenue 1103 (NUC) Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 104 |
| Year Built | 1974 |
| Condition | Excellent |
| View | City, Ocean |
| Parking | Assigned, Covered - 1, Guest, Secured Entry |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AO |
| Tax Amount | $389 |
| Assessed Land | $47,600 |
| Assessed Building | $470,600 |
| Assessed Total | $518,200 |
| Assessed Ratio | 119% |
| Inclusions | AC Central, Cable TV, Disposal, Drapes, Dryer, Kitchenware, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer |
| Amenities | BBQ, Car Wash, Condo Association Pool, Patio/Deck, Recreation Area, Resident Manager, Sauna, Security Guard, Storage, Trash Chute, Whirlpool |
| Construction | Above Ground, Concrete, Masonry/Stucco, Slab |
| Flooring | Laminate, Marble/Granite, Vinyl |
| Disclosures | Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Parcel # | 1-2-6-017-057-0073 |
| Listing courtesy of | Blue Bunny Hawaii Realty LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-23-2026 | 202611621 | Price Decrease | $625,000 | $615,000 | $615,000 | $0 | $518,200 | $47,600 | $470,600 |
| 06-15-2026 | 202611621 | New Listing | CS | A | $615,000 | $0 | $518,200 | $47,600 | $470,600 |
| 11-19-2025 | 202512593 | Cancelled | A | W | $625,000 | $0 | $493,100 | $43,500 | $449,600 |
| 05-21-2025 | 202512593 | New Listing | A | $625,000 | $0 | $493,100 | $43,500 | $449,600 | |
| 01-03-2023 | 202221524 | Sold | P | S | $520,000 | $500,000 | $387,000 | $41,700 | $345,300 |
| 11-20-2022 | 202221524 | In Escrow Not Showing | C | P | $520,000 | $500,000 | $387,000 | $41,700 | $345,300 |
| 11-04-2022 | 202221524 | In Escrow Showing | A | C | $520,000 | $500,000 | $387,000 | $41,700 | $345,300 |
| 10-19-2022 | 202221524 | New Listing | A | $520,000 | $500,000 | $387,000 | $41,700 | $345,300 | |
| 12-03-2020 | 202017780 | Sold | C | S | $425,000 | $412,000 | $378,600 | $38,100 | $340,500 |
| 11-04-2020 | 202017780 | In Escrow Showing | A | C | $425,000 | $412,000 | $378,600 | $38,100 | $340,500 |
| 11-04-2020 | 202017780 | Back On Market | C | A | $425,000 | $412,000 | $378,600 | $38,100 | $340,500 |
| 11-04-2020 | 202017780 | In Escrow Showing | A | C | $425,000 | $412,000 | $378,600 | $38,100 | $340,500 |
| 07-27-2020 | 202017780 | New Listing | A | $425,000 | $412,000 | $378,600 | $38,100 | $340,500 | |
| 05-09-2008 | 2720508 | Sold | C | S | $395,000 | $380,000 | $312,000 | $113,400 | $198,600 |
| 03-25-2008 | 2720508 | Price Decrease | $425,000 | $395,000 | $395,000 | $380,000 | $312,000 | $113,400 | $198,600 |
| 03-23-2008 | 2720508 | Active Continue to Show | A | C | $395,000 | $380,000 | $312,000 | $113,400 | $198,600 |
| 11-26-2007 | 2720508 | New Listing | A | $395,000 | $380,000 | $312,000 | $113,400 | $198,600 | |
| 07-27-2007 | 2711010 | Sold | C | S | $338,000 | $335,500 | $312,000 | $113,400 | $198,600 |
| 06-29-2007 | 2711010 | Active Continue to Show | A | C | $338,000 | $335,500 | $312,000 | $113,400 | $198,600 |
| 06-06-2007 | 2711010 | New Listing | A | $338,000 | $335,500 | $312,000 | $113,400 | $198,600 | |
| 01-04-2000 | 9907633 | Price Decrease | $129,000 | $121,000 | $129,000 | $121,000 | $96,700 | $42,200 | $54,500 |
| 01-04-2000 | 9907633 | Sold | C | S | $129,000 | $121,000 | $96,700 | $42,200 | $54,500 |
| 10-25-1999 | 9907633 | New Listing | A | $129,000 | $121,000 | $96,700 | $42,200 | $54,500 |
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