Rare opportunity to own a legally permitted vacation rental in the heart of Waikiki! This fully furnished studio boasts the highly coveted Nonconforming Use Certificate (NUC:1990/NUC-0250), allowing for legal nightly short-term rentals—a privilege that can no longer be obtained for most properties. Enjoy beautiful ocean views from the lanai and a thoughtfully designed floor plan featuring 460 sq. ft. of interior living space plus a 47 sq. ft. lanai. Move-in or rental-ready, the unit includes an in-unit washer and dryer, one assigned covered parking stall, and access to ample guest parking. Four Paddle offers desirable amenities including a swimming pool, whirlpool spa, BBQ area, and 24-hour security. Maintenance fees conveniently include electricity, cable TV, hot water, water, and sewer. Whether you're seeking a turnkey investment property with legal short-term rental income potential or your own Waikiki getaway, this rare NUC-certified unit presents an exceptional opportunity in one of Honolulu's most sought-after resort destinations.