Great investment opportunity to have a Resort Mixed Use zoned, Fee Simple vacation rental in Waikiki only 3 minutes to famous Waikiki Beach & Duke's statue. Walking distance to everything, easy bus stop access within the block, public parking garage offers hourly, pre-paid parking up to 24 hours. Building improvements have been spalling and painting in 2020-2021, lobby renovation 2022-2024 include new automatic entry doors and artwork through-out the lobby, security area redesigned include 64-channel security system, new FOB system, new registration kiosk and a new key vault system. The building has an on-site Resident manager, security, surfboard racks and bike racks. Studio painted in 2024 and furnished with a king bed, a twin bed and a desk space also. Larger kitchenette and double lanais makes the studio feel spacious. Maintenance Fee includes electric & water (not sub-metered), hot water, cable, internet, on-site management & security. Monthly Special Assessment to Dec 2027 to be prorated as of the closing date. Great Opportunity to have a short term rental property or a studio to call home.