Hawaiian Monarch serves as the entrance into Waikiki, located conveniently along the Ala Wai Canal. This building offers the perfect location to take advantage of all the attractions of Honolulu. Nestled in the heart of Honolulu, it is the ideal place for attending functions at Hawaii Convention Center, shopping at the world-famous Ala Moana Center, and exploring the many boutique shops along Kalakaua Ave.
For the people traveling on a budget, Hawaiian Monarch short term rentals operated by owner have the best prices to compete to lots of other hotel rooms in Waikiki. Take a look at the following listings on Airbnb.com as an example:
- Highrise Studio w/ Incredible Views
- Modern Waikiki Studio with Ocean Views 29B
- Modern Waikiki Studio With Gorgeous Views
- Excellent and Cozy Home in Waikiki
After August 1st. 2019, the short term vacation law will be put into effect on Oahu. The Hawaiian Monarch is one of about 10 to 15 buildings in Waikiki permitted by law to have short term vacation rental for less than 14 days stay. Also, currently the long term rental market is pretty good. It runs, on average, $1,350 per month for studio according to Hawaii realtors board MLS recordings.
This is the only one studio with 259 sqft listing (MLS 201918089) currently available on the market. That’s why this is is a great opportunity for investors.