444 Kānekapōlei St, Unit 407, Honolulu, HI 96815

Location, location, location! A legal short-term rental in the heart of Waikiki — run your own Airbnb, hand it to a third-party manager, or place it in the hotel rental program. This Fee Simple studio at Aloha Surf Hotel features a fully renovated shower and comes fully furnished, ready to operate from day one. It generates $35,000+ in gross rental income, even while the owner still enjoys personal vacation stays here. Quiet residential pocket just a few blocks from Waikiki Beach, with the Ala Wai right outside for morning and evening walks, and restaurants and shops moments away. The lanai faces the rear of the building for a quieter, more private feel. All utilities are included, even electricity. Pool and community laundry on site. No deeded parking stall; hotel parking is readily available.