| Description | Exceptionally remodeled studio unit just a few minutes walk to the famous Waikiki Beach. This unit is an active vacation rental unit renting on Airbnb with high reviews. Suited for investors that want income from Day 1. Seller self manages and open to managing the unit for the new owner. Magnificent ocean views from the unit. All furnishings are included in the sale. Pacific Monarch is arguably one of the best vacation rental building in Hawaii. Building amenities have been recently renovated as well. Building offers the Highest Rooftop Pool, jacuzzi, sauna, and recreation area with BBQ grills. The building also has one of the larger parking garages in Waikiki and guests and owners are able to use the garage with a reasonable fee. Located in the center of Waikiki. Few minutes walking distance to all the action Waikiki has to offer plus being just a few minutes from the beautiful Waikiki Beach. This is a special unit! Unit is leasehold and fee is available to purchase from AOAO for $210,000 (Buyer to confirm). LH price and fee purchase total is $648,000. |
|---|---|
| Status | Active since 03-17-2026 |
| MLS# | 202605769 |
| Price | $438,000 |
| Original Price | $438,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 360 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $690 |
| Lanai Sq Ft | 58 |
| Building | Pacific Monarch |
| Address | 2427 Kuhio Avenue 2408 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 194 |
| Year Built | 1980 |
| Year Remodeled | 2016 |
| Condition | Excellent |
| View | City, Diamond Head, Ocean |
| Parking | None |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone AE |
| Elementary | Jefferson |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $625 |
| Assessed Land | $88,500 |
| Assessed Building | $432,600 |
| Assessed Total | $521,100 |
| Assessed Ratio | 84% |
| Inclusions | AC Split, Cable TV, Ceiling Fan, Drapes, Dryer, Kitchenware, Linens, Microwave, Refrigerator, Smoke Detector, Washer |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Heated Pool, Patio/Deck, Pool on Property, Recreation Area, Restaurant, Sauna, Trash Chute, Whirlpool |
| Construction | Concrete |
| Flooring | Ceramic Tile |
| Disclosures | None |
| Furnished | Full |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | Condotel |
| Security | Card, Video |
| Leasehold | Lease rent $158 / 2054 · Buy fee $210,000 |
| Parcel # | 1-2-6-023-056-0154 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 03-17-2026 | 202605769 | New Listing | A | $438,000 | $0 | $521,100 | $88,500 | $432,600 | |
| 03-20-2018 | 201804358 | Sold | C | S | $299,950 | $295,000 | $294,000 | $42,000 | $252,000 |
| 02-15-2018 | 201804358 | In Escrow Showing | A | C | $299,950 | $295,000 | $294,000 | $42,000 | $252,000 |
| 02-15-2018 | 201804358 | New Listing | A | $299,950 | $295,000 | $294,000 | $42,000 | $252,000 | |
| 01-16-2018 | 201725859 | Expired | C | X | $299,950 | $0 | $294,000 | $42,000 | $252,000 |
| 01-10-2018 | 201725859 | In Escrow Showing | A | C | $299,950 | $0 | $294,000 | $42,000 | $252,000 |
| 12-15-2017 | 201725859 | New Listing | A | $299,950 | $0 | $294,000 | $42,000 | $252,000 | |
| 11-23-2017 | 201716408 | Expired | A | X | $324,000 | $0 | $294,000 | $42,000 | $252,000 |
| 11-14-2017 | 201716408 | Price Decrease | $345,439 | $324,000 | $324,000 | $0 | $294,000 | $42,000 | $252,000 |
| 09-29-2017 | 201716408 | Price Decrease | $367,439 | $345,439 | $324,000 | $0 | $294,000 | $42,000 | $252,000 |
| 07-28-2017 | 201716408 | New Listing | A | $324,000 | $0 | $294,000 | $42,000 | $252,000 | |
| 07-28-2017 | 201711946 | Expired | C | X | $334,900 | $0 | $294,000 | $42,000 | $252,000 |
| 07-11-2017 | 201711946 | In Escrow Showing | A | C | $334,900 | $0 | $294,000 | $42,000 | $252,000 |
| 06-11-2017 | 201711946 | Price Decrease | $342,900 | $334,900 | $334,900 | $0 | $294,000 | $42,000 | $252,000 |
| 05-27-2017 | 201711946 | New Listing | A | $334,900 | $0 | $294,000 | $42,000 | $252,000 | |
| 05-25-2017 | 201709540 | Expired | A | X | $341,000 | $0 | $294,000 | $42,000 | $252,000 |
| 05-07-2017 | 201709540 | New Listing | A | $341,000 | $0 | $294,000 | $42,000 | $252,000 | |
| 12-16-2015 | 201520612 | Sold | P | S | $169,000 | $169,000 | $268,300 | $29,400 | $238,900 |
| 11-13-2015 | 201520612 | Pending | A | P | $169,000 | $169,000 | $268,300 | $29,400 | $238,900 |
| 11-03-2015 | 201520612 | New Listing | A | $169,000 | $169,000 | $268,300 | $29,400 | $238,900 |
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