Short-term rental eligible building in the heart of Waikiki. rnThis remarkable studio unit with breathtaking views of the Ala Wai Canal, mountain and city lights is perfect for investors looking to start an Airbnb. rnA gem nestled in the heart of Waikiki, this prime location provides easy access to the area’s stunning beaches, popular restaurants, bustling shops, and convenient bus lines. The Hawaiian Monarch offers low maintenance fees, an excellent location, and a range of features like a fitness center, pool, hot tub, barbecue area, laundry, 24-hour security, restaurants and shops.