| Description | Investors, take note! This is a rare opportunity to own a high-floor corner unit in the legally zoned, short-term rental building—the Hawaiian Monarch. Currently configured as a 1-bed, 2-bath layout, this property has been cleverly divided into two separate adjoining studios (Units A & B) with independent key-card entries. Maximize cash flow by renting both concurrently as short-term rentals, utilize a hybrid long-term strategy, or live in one and let the other pay your mortgage! Perched on the 26th floor, Unit 2607 boasts stunning wide angle views of the Ala Wai Canal, mountains, and city lights. Studio A features a full kitchen; Studio B has a separate entrance, ensuring total privacy for separate guests. Enjoy resort-style amenities: a massive 5th-floor pool deck, hot tub, fitness center, BBQ areas, 24-hr security, and laundry. Ultimate convenience with ground-floor eateries, a coffee shop, mini-mart, and car rentals. Ideally located blocks from world-famous beaches (~10 min walk) and the Hawaii Convention Center (~5 min walk). Vacant, fully furnished, and very easy to see. Priced aggressively for a quick sale! Sold in "AS-IS" condition |
|---|---|
| Status | Sold since 06-08-2026 |
| MLS# | 202610778 |
| Price | $450,000 |
| Original Price | $535,000 |
| Price Change | $-85,000 (-15.89%) |
| Beds / Baths / Half | 1 / 2 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 532 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,194 |
| Building | Hawaiian Monarch |
| Address | 444 Niu Street 2607 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 36 |
| Year Built | 1979 |
| Condition | Above Average |
| View | Marina/Canal, Mountain |
| Frontage | Other |
| Parking | None |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AO |
| Tax Amount | $723 |
| Assessed Land | $191,600 |
| Assessed Building | $329,400 |
| Assessed Total | $521,000 |
| Assessed Ratio | 86% |
| Inclusions | AC Window Unit, Cable TV, Drapes, Kitchenware, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Exercise Room, Fire Sprinkler, Patio/Deck, Pool on Property, Recreation Room, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool |
| Construction | Concrete |
| Flooring | Laminate |
| Disclosures | 1031 Exchange, Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Card, Keyed Elevator, Security Patrol, Video |
| Parcel # | 1-2-6-014-032-0023 |
| Listing courtesy of | Fahrni Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-31-2026 | 202610778 | Sold | C | S | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 08-10-2026 | 202610778 | Active Under Contract | A | C | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 08-07-2026 | 202610778 | Price Decrease | $470,000 | $450,000 | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 07-31-2026 | 202610778 | Price Decrease | $475,000 | $470,000 | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 07-29-2026 | 202610778 | Price Decrease | $485,000 | $475,000 | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 07-26-2026 | 202610778 | Price Decrease | $490,000 | $485,000 | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 07-20-2026 | 202610778 | Price Decrease | $495,000 | $490,000 | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 07-12-2026 | 202610778 | Back On Market | T | A | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 07-12-2026 | 202610778 | Price Decrease | $510,000 | $495,000 | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 06-15-2026 | 202610778 | Hold | A | T | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 06-12-2026 | 202610778 | Price Decrease | $520,000 | $510,000 | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 06-12-2026 | 202610778 | Price Decrease | $535,000 | $520,000 | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 06-09-2026 | 202610778 | New Listing | CS | A | $450,000 | $443,000 | $521,000 | $191,600 | $329,400 |
| 01-22-1999 | 9802146 | Price Decrease | $134,000 | $121,000 | $121,000 | $0 | $174,700 | $43,000 | $131,700 |
| 01-22-1999 | 9802146 | Expired | A | X | $121,000 | $0 | $174,700 | $43,000 | $131,700 |
| 07-03-1998 | 9802146 | Price Increase | $121,000 | $123,000 | $121,000 | $0 | $174,700 | $43,000 | $131,700 |
| 06-04-1998 | 9802146 | Price Increase | $123,000 | $125,000 | $121,000 | $0 | $174,700 | $43,000 | $131,700 |
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