| Description | Legal short-term rental at the entrance of Waikiki in the well-established Hawaiian Monarch. This high-floor 1-bedroom, 2-bath unit features two separate entrances and can be rented as two individual studio units, offering excellent flexibility and income potential. Enjoy views of Ala Wai Canal, and city skyline.The building offers resort-style amenities including a swimming pool, whirlpool, fitness center, and laundry. On-site convenience store, coffee shop, and discounted car rental services add extra convenience. Ideally located near Waikiki beaches, Ala Moana Shopping Center, and the Hawai‘i Convention Center. Electricity included in maintenance fees (subject to usage). A turn-key investment opportunity in one of Waikiki’s most versatile short-term rental buildings. |
|---|---|
| Status | Sold since 02-03-2026 |
| MLS# | 202601887 |
| Price | $528,000 |
| Original Price | $575,000 |
| Price Change | $-47,000 (-8.17%) |
| Beds / Baths / Half | 1 / 2 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 488 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $802 |
| Building | Hawaiian Monarch |
| Address | 444 Niu Street 3405 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 49 |
| Year Built | 1979 |
| Condition | Above Average |
| View | City, Marina/Canal |
| Frontage | Other |
| Parking | None |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AO |
| Elementary | Ala Wai |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $699 |
| Assessed Land | $175,700 |
| Assessed Building | $420,100 |
| Assessed Total | $595,800 |
| Assessed Ratio | 89% |
| Inclusions | AC Window Unit, Microwave, Range/Oven, Refrigerator |
| Amenities | BBQ, Community Laundry, Pool on Property, Restaurant, Security Guard, Trash Chute |
| Construction | Masonry/Stucco |
| Flooring | Vinyl |
| Disclosures | Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key |
| Parcel # | 1-2-6-014-032-0085 |
| Listing courtesy of | Locations LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-22-2026 | 202601887 | Sold | C | S | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 05-26-2026 | 202601887 | Active Under Contract | A | C | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 05-15-2026 | 202601887 | Price Decrease | $575,000 | $528,000 | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 05-08-2026 | 202601887 | Back On Market | C | A | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 04-13-2026 | 202601887 | Active Under Contract | A | C | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 04-13-2026 | 202601887 | Back On Market | C | A | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 04-06-2026 | 202601887 | Active Under Contract | A | C | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 04-02-2026 | 202601887 | Back On Market | C | A | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 03-23-2026 | 202601887 | Active Under Contract | A | C | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 03-09-2026 | 202601887 | Back On Market | C | A | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 02-16-2026 | 202601887 | Active Under Contract | A | C | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 |
| 02-03-2026 | 202601887 | New Listing | A | $528,000 | $495,000 | $595,800 | $175,700 | $420,100 | |
| 09-11-2017 | 201716350 | Sold | C | S | $278,000 | $278,000 | $325,000 | $97,600 | $227,400 |
| 08-04-2017 | 201716350 | In Escrow Showing | A | C | $278,000 | $278,000 | $325,000 | $97,600 | $227,400 |
| 08-01-2017 | 201716350 | New Listing | A | $278,000 | $278,000 | $325,000 | $97,600 | $227,400 | |
| 10-02-2007 | 2717822 | Sold | A | S | $262,500 | $262,500 | $318,200 | $87,100 | $231,100 |
| 10-02-2007 | 2717822 | New Listing | A | $262,500 | $262,500 | $318,200 | $87,100 | $231,100 |
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