Discover this 243 sq ft studio plus 51 sq ft lanai in iconic Waikiki Grand Hotel, LEGALLY PERMITTED and ZONED for SHORT-TERM RENTALS. Newly renovated kitchen features full-size refrigerator, new wood cabinetry, quartz countertops with waterfall edge, induction cooktop, and microwave hood, plus new LED mirror. This condotel offers flexibility as investment or personal retreat. Less than half block from Queens Beach, across from Honolulu Zoo and Kapiolani Park. Built in 1963, building offers 218 units with 24-hour security. The 10th-floor rooftop sundeck showcases views of Diamond Head and Pacific Ocean. Amenities include pool, 24-hour front desk, on-site dining at Teddy's Bigger Burgers and Hula's Bar & Lei Stand, laundry. Pet-friendly building in vibrant East Waikiki, renowned for surfing, dining, entertainment, shopping. Quick access to Diamond Head hike, Waikiki Aquarium, International Market Place. Monthly maintenance fee covers all utilities including cable and internet. Optional parking and storage available for fee. Whether managed through hotel program or independently, this turnkey property offers seamless island ownership in one of Hawaii's most sought-after locations.