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* Second home allowed on either a residential or an agricultural zoned property.
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Hawaiian Monarch condos for sale | Waikiki | Oahu

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$197.78k
Waikiki - Hawaiian Monarch
444 Niu Street unit 1003, Honolulu
Condo
247 sqft
$197,777
247
sqft
LEGAL SHORT-TERM RENTAL! This well-maintained studio unit at the Hawaiian Monarch offers great rental income potential. The desirable 03 stack is located on the southwest side of the building, offering a quieter exposure and helping the unit stay cooler by avoiding the direct east-facing morning sun. Building amenities include an outdoor pool, hot tub, fitness center, 24-hour security, and the popular Cream Pot restaurant. Ideally located just minutes from Ala Moana Shopping Center, Waikiki Beach, the Hawaii Convention Center, and a variety of dining and entertainment options. Parking is not included, but hourly and overnight parking are available for a fee. Owner currently occupies the unit part-time, easy to show.
$279k
Waikiki - Hawaiian Monarch
444 Niu St unit 1109, Honolulu
Condo
259 sqft
$279,000
259
sqft
Located at the entrance to Waikiki, this LEGAL short-term rental studio at the Hawaiian Monarch is ideal for both personal use and investment. This 11th unit offers wide-open views of the Ala Wai Canal, city skyline. This studio includes a kitchen sink inside the unit, a rare and practical feature.T he Hawaiian Monarch offers resort-style amenities including a swimming pool, whirlpool, fitness center, and community laundry. An on-site convenience store and coffee shop add everyday ease, while the discounted car rental service provides an affordable alternative to parking. Just minutes from Waikiki beaches, Ala Moana Shopping Center, and the Hawaii Convention Center, this unit appeals to both vacationers and business travelers. Electricity is included in the maintenance fees, which may vary based on usage. A strong turnkey opportunity in one of Waikiki’s most versatile legal short-term rental buildings.
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$280k
Waikiki - Hawaiian Monarch
444 Niu Street unit 914, Honolulu
Condo
247 sqft
$280,000
247
sqft
Welcome to this rarely available corner unit in the highly desirable Hawaiian Monarch. Ideally located in the heart of Waikiki, this property offers exceptional flexibility for both owners and investors. The building is zoned to allow short-term rentals with proper registration, creating valuable income potential in a prime, high-demand location. Situated on the 9th floor, this sought-after corner residence enjoys beautiful mountain, river and city views, enhanced privacy, and abundant natural light thanks to its end-unit positioning and L-shaped windows. Just moments from world-renowned beaches, popular dining, vibrant shopping, and convenient public transportation, the location supports strong year-round visitor demand. The Hawaiian Monarch is recognized for its low maintenance fees and outstanding amenities, including a fitness center, pool, hot tub, barbecue area, community laundry, 24-hour security, and on-site restaurants and shops. This is a rare opportunity to own a competitively priced corner unit in one of Waikiki’s most sought-after buildings, with short-term rental capability. The unit is vacant and very easy to view.
$278k
Waikiki - Hawaiian Monarch
444 Niu Street unit 2502, Honolulu
Condo
222 sqft
$278,000
222
sqft
Situated in the heart of Waikiki, this high-floor unit at Hawaiian Monarch offers a LEGAL short-term rental opportunity with sweeping views of the Ala Wai Canal, city skyline, and partial ocean. Overlooking the pool deck, the unit is furnished and turn-key, ideal for investors or a flexible vacation retreat. Unbeatable location near Waikiki Beach, Ala Moana, shopping, dining, and entertainment. Popular food trucks are located directly across the street, with McCully Shopping Center nearby. Convenience is key with 7-Eleven on the ground floor and on-site car rental services for guests. Parking garage access available and remains more affordable than hotel parking options. A rare chance to own a legal vacation rental in one of Waikiki’s most established buildings. Great income potential in a prime resort destination.
$608k
Waikiki - Hawaiian Monarch
444 Niu St unit 3204, Honolulu
Condo
1 bd
476 sqft
$608,000
1
bd
476
sqft
Stunning high floor one bedroom condo at Waikiki Hawaiian Monarch. Legally zoned for short term rentals. This beautifully located one bedroom condo at the prestigious Waikiki is a fantastic investment opportunity. The unit has been expertly divided into two separate studios. Providing flexibility for both personal use and lucrative short term rental income. The building features a range of amenities for residents. In 2024, the condo was updated with brand new kitchen cabinets, bathroom vanity, and flooring. Don't miss out on this fantastic chance to own a turn key property in a sought after location!
$575k
Waikiki - Hawaiian Monarch
444 Niu Street unit 3405, Honolulu
Condo
1 bd
488 sqft
$575,000
1
bd
488
sqft
Legal short-term rental at the entrance of Waikiki in the well-established Hawaiian Monarch. This high-floor 1-bedroom, 2-bath unit features two separate entrances and can be rented as two individual studio units, offering excellent flexibility and income potential. Enjoy views of Ala Wai Canal, and city skyline.The building offers resort-style amenities including a swimming pool, whirlpool, fitness center, and laundry. On-site convenience store, coffee shop, and discounted car rental services add extra convenience. Ideally located near Waikiki beaches, Ala Moana Shopping Center, and the Hawai‘i Convention Center. Electricity included in maintenance fees (subject to usage). A turn-key investment opportunity in one of Waikiki’s most versatile short-term rental buildings.
$325k
Waikiki - Hawaiian Monarch
444 Niu Street unit 1312, Honolulu
Condo
236 sqft
$325,000
236
sqft
Turnkey short-term rental in Hawaiian Monarch — fully renovated with upscale modern finishes and a bright, airy feel. Enjoy peaceful canal and Ala Wai Golf Course views from the preferred quiet side of the building. Prime location near Waikiki Beach, Fort DeRussy, shopping, dining, and transit. Resort-style amenities include pool, BBQ area, hot tub, and fitness center. Ideal as a move-in-ready vacation rental or island retreat.
$339k
Waikiki - Hawaiian Monarch
444 Niu St unit 1715, Honolulu
Condo
223 sqft
$339,000
223
sqft
Exceptional opportunity for investors and vacation home lovers! This newly renovated, Turn-Key Ready Short-Term Rental is right in the heart of Waikiki. Enjoy beautiful Ala Wai Canal, city and Mountain View while being just a short stroll to Waikiki Beach, park, world-class shopping, dining, and entertainment. Designed for comfort and convenience. this 24-hour secured building features rental cars, bikes, scooters, swimming pool, jacuzzi, BBQ area, community laundry, and gym access. Coffee shops and food trucks are right at your doorstep, making everyday living and guest stays effortless! Convenient nightly parking available in the building garage. With LOW monthly fee and Unbeatable location, this property captures the true Paradise living. We will do our best to accommodate your showing since the unit is usually booked.
Oceanfront
$690k
Waikiki - Hawaiian Monarch
444 Niu St unit 3005, Honolulu
Condo
1 bd
488 sqft
$690,000
1
bd
488
sqft
Newly renovated modern unit with stunning city & ocean views. Two studios with separate entrances. Conveniently located at the entrance into Waikiki, just blocks away from the pacific beaches and shopping malls. This cozy, 30th floor unit comes stocked with everything that you need during your stay. Fully equipped with a full kitchen and brand new queen bed. Hotel amenities include restaurants, coffee shop, car rental, convenient store, BBQ area, fitness center, community laundry, pool, and hot tub.
$370k
Waikiki - Hawaiian Monarch
444 Niu St unit 1308, Honolulu
Condo
255 sqft
$370,000
255
sqft
Fully furnished, prime investment opportunity in Waikiki. This turn-key studio unit in the iconic Hawaiian Monarch building is perfect for savvy investors & short-term rental enthusiasts. Fully furnished with immaculate renovations, it's legally approved for short-term rentals, tapping into the high demand for tourist & business traveler accommodations. The location offers a hassle-free ownership experience with potential for strong ROI.
Oceanfront
$690k
Waikiki - Hawaiian Monarch
444 Niu Street unit 3201, Honolulu
Condo
1 bd
576 sqft
$690,000
1
bd
576
sqft
Investors! Legal Short-Term Rental! Experience the ultimate in luxury and convenience with this modern, renovated, turnkey, fully furnished retreat in the heart of Waikiki. Featuring two separate units and each have their own bathroom. Inside you will find a well appointed interior boasting modern finishes and stylish decor. Enjoy fabulous amenities, including a sparkling pool and on-site fitness center, all within walking distance to iconic Waikiki Beach, fine dining, and upscale shopping. A fantastic investment opportunity and perfect vacation home, don't miss your chance to own a piece of paradise!
$370k  $20,000
Waikiki - Hawaiian Monarch
444 Niu Street unit 1408, Honolulu
Condo
255 sqft
$370,000  $20,000
255
sqft
Legal short-term vacation rental studio unit with extensive renovations completed in 2025. Features include new waterproof vinyl flooring, a newly updated kitchenette with new countertop and microwave, and a full bathroom and two beds. And offers views of the Ala Wai Canal and mountains, along with sunrise views. Furniture included. The Hawaiian Monarch offers great many amenities including, a giant pool deck, exercise room, and community laundry. Bicycle rentals, convenient stores and various eateries on ground level. Walking distance to Waikiki Beach, Ala Moana Shopping Center, Convention Center, and numerous other attractions.
$620k
Waikiki - Hawaiian Monarch
444 Niu Street unit 2702, Honolulu
Condo
1 bd
532 sqft
$620,000
1
bd
532
sqft
Great Investment Opportunity! Renovated High-floor vacation unit in Waikiki with stunning ocean and enchanting city lights at night. Flexible rental options as two separate studios (A&B) for short­ term or long-term stays, or live in one and rent the other. Conveniently located near Waikiki Beach, shops, Ala Moana Shopping Center, Fort DeRussy Park, and the Honolulu Convention Center. Enjoy the array of amenities including a swimming pool, fitness center, jacuzzi, BBQ area, 24-hr security, and community laundry. Parking is available for a fee. Hawaiian Monarch offers additional conveniences with on-site car rental, a convenience store, a breakfast and lunch cafe, and a coffee and pastry shop.
$370k  $42,000
Waikiki - Hawaiian Monarch
444 Niu Street unit 1007, Honolulu
Condo
223 sqft
$370,000  $42,000
223
sqft
Welcome to this beautifully renovated, active legal short-term rental in the highly desirable Hawaiian Monarch! Exceptional income-producing investment with a strong and verifiable track record. In 2024, this unit generated an impressive $50,738.14 in gross rental income with over 94% occupancy on Airbnb, making it one of the most reliable performers in its category. Investors will appreciate the consistent demand, high booking rate, and turnkey readiness that allow for seamless continued operation. Perched on the 10th floor, this unit also offers stunning Mountain, City, and Diamond Head views and is perfectly situated in Waikiki. Guests enjoy immediate access to world-renowned beaches, popular restaurants, vibrant shops, and convenient bus lines—further supporting year-round occupancy.The Hawaiian Monarch is known for its low maintenance fees, excellent location, and extensive amenities, including a fitness center, pool, hot tub, barbecue area, laundry facilities, 24-hour security, and on-site restaurants and shops. This is a rare opportunity to own a high-performing, hassle-free investment property in one of Waikiki’s most sought-after short-term rental building.
$310k
Waikiki - Hawaiian Monarch
444 Niu Street unit 1503, Honolulu
Condo
247 sqft
$310,000
247
sqft
TURN-KEY LEGAL SHORT-TERM RENTAL IN WAIKIKI! Investment opportunity awaits in the heart of Waikiki! This fully furnished, corner studio unit at the Hawaiian Monarch is vacation rental–ready and offers both short- and long-term rental flexibility. Spacious layout with a mini fridge, microwave, and hot plate—perfect for guests. Enjoy ocean views from a secure building featuring 24-hour security, on-site manager, pool, jacuzzi, BBQ area, fitness center, and community laundry. Conveniently located near world-famous Waikiki Beach, Fort DeRussy Park, Ala Moana Shopping Center, and countless dining and entertainment options. Attached parking garage offers daily parking. The Hawaiian Monarch is known for its low maintenance fees. Don’t miss this excellent opportunity to own a legal short-term rental property in one of Oahu’s most sought-after destinations!
$490k  $50,000
Waikiki - Hawaiian Monarch
444 Niu Street unit 3802, Honolulu
Condo
1 bd
532 sqft
$490,000  $50,000
1
bd
532
sqft
Don't miss this rare and exciting opportunity to own a high-floor, corner, fully renovated and full furnished unit in the heart of world-famous Waikiki. This turn-key property boasts 270-degree panoramic ocean views, and is ideal as a long-term leasehold investment or a vacation getaway Fee is available and can convert it into a Fee Simple unit. This unit legally allows vacation rentals, short-term rentals and long-term rentals! Turn-Key and ready to rent. Currently being rented through Air BnB. The unit is separated into 2 units (A-Unit & B-Unit), with two distinct key cards to allow maximum privacy for separate renters. The Hawaiian Monarch offers great many amenities including, a giant pool deck, exercise room, and community laundry. Bicycle rentals, convenient stores and various eateries on ground level. Walking distance to Waikiki Beach, Ala Moana Shopping Center, Convention Center, and numerous other attractions.
Virtual Tour
$330k  $20,000
Waikiki - Hawaiian Monarch
444 Niu Street unit 1805, Honolulu
Condo
236 sqft
$330,000  $20,000
236
sqft
Wake up to sparkling ocean views and the lush greenery of Fort DeRussy Park from this preferred studio unit in the Hawaiian Monarch—an ideal retreat for both visitors and savvy investors alike. Nestled at the gateway to world-famous Waikiki, this beautifully positioned condo offers the rare combination of short-term rental eligibility, low maintenance fees, and resort-style amenities, making it a standout opportunity. Whether you're lounging by the pool, relaxing in the hot tub, grilling with friends in the BBQ area, or grabbing a bite from one of the on-site dining spots, the Hawaiian Monarch makes every day feel like a vacation. Just moments from Waikiki Beach, vibrant restaurants, shopping, and public transit, this studio is perfectly situated for island living or a successful Airbnb venture. Discover the ease and beauty of life at the edge of paradise—where every sunset feels like it was made just for you.
Virtual Tour
$290k  $10,000
Waikiki - Hawaiian Monarch
444 Niu Street unit 1415, Honolulu
Condo
223 sqft
$290,000  $10,000
223
sqft
FULLY FURNISHED LEGAL SHORT-TERM RENTAL. Price is below the tax-assessed value! Located in Honolulu’s vibrant heart, Hawaiian Monarch 1415 offers stunning views of the Ala Wai Canal, cityscape, and lush mountains. This stylish studio apartment seamlessly blends modern conveniences with the natural beauty of Hawaii. The open floor plan maximizes space, integrating the living, dining, and sleeping areas. Large windows let in abundant natural light while offering picturesque vistas. The stylish bathroom boasts modern fixtures and a spacious vanity. Residents can enjoy the building’s outdoor pool, fitness center, and hot tub. With 24-hour security and on-site laundry, Hawaiian Monarch 1415 offers unparalleled convenience. Close to Ala Moana Center, Waikiki Beach, and numerous dining and entertainment options, it’s the perfect blend of serene island escape and vibrant urban living. The seller can provide financials for these units, which are successful Airbnbs. Video tour available upon request.
$310k  $30,000
Waikiki - Hawaiian Monarch
444 Niu Street unit 2105, Honolulu
Condo
1 ba
236 sqft
$310,000  $30,000
1
ba
236
sqft
Preferred ocean view studio unit in the Hawaiian Monarch, a condo eligible for short-term rental with low maintenance fees. Guests and residents enjoy a wide range of amenities, including a resort-style pool, hot tub, BBQ grills, picnic area, fitness center, laundry facilities, 24-hour security, a variety of dining options, and a convenience store. This remarkable studio unit, with breathtaking views of the ocean and beautiful Fort DeRussy Park, is perfect for investors looking to enter the Airbnb market. A gem nestled at the entrance of Waikiki, this prime location provides easy access to the area’s stunning beaches, popular restaurants, bus stops, and shops. Lease does not expire until 08/01/2054! Fee available for purchase and simultaneous closing can be arranged.
1 – 19 of 19 homes for sale
  1. Hawaii
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444 Niu St condos

Some units can have City,Coastline,Diamond Head,Garden,Golf Course,Marina/Canal,Mountain,Ocean,Sunrise views.
* information deemed reliable, but not guaranteed

Overview of Hawaiian Monarch

Building name
Hawaiian Monarch
Neighborhood
Waikiki
Views
City, Coastline, Diamond Head, Garden, Golf Course, Marina/Canal, Mountain, Ocean, Sunrise (*depending on the unit)

Lifestyle & outdoors In Hawaiian Monarch

3 surf spots in this area

Rock Piles
Type: surfing
The Wall
Type: body-surfing
Waikiki, Honolulu 1-5
Rockpiles
Type: surfing

13 parks in this area

Frank C. Judd Mini Park

Ala Wai Neighborhood Park

Old Stadium Park

McCully District Park

Isenberg Street Community Garden

Isenberg Street Community Garden

Ala Wai Promenade

Ala Wai Community Park

King Kalakaua Park

Paoa Place

Duke Paoa Kahanamoku Beach Park

Beach Walk Triangle

Kalia Road

2 beaches in this area

Duke Paoa Kahanamoku Beach Park

Duke Kahanamoku Lagoon Boardwalk

1 golf course in this area

Ala Wai Golf Course

Essentials in Hawaiian Monarch

Farmers market is about 14 min walk
Hospital is about 23 min walk
Supermarket is about 1 min walk
Airport is about 15 min drive
Costco is about 16 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Walkability in Hawaiian Monarch

13 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Living in Hawaiian Monarch Hawaiian Monarch is a condo

Supermarkets are about 1 min walk, the nearest Hospital is about 23 min walk and the airport is about 15 min drive.

Hawaiian Monarch is somewhat walkable.

There are 13 parks in this area, and 2 public beaches. Nearby lifestyles include surfing, body surfing and golf.

* information deemed reliable, but not guaranteed

Hawaiian Monarch condo values & housing market

Avg. days condo listed for sale in this building.
93
Average listings price current listings for sale
$406.41k
Hawaiian Monarch condos sold last 6 months
9
Price range sold units (last 6 month)
$200k - $200k
Median sales price - 3 months
$200k
Hawaiian Monarch listings for sale
19
* information deemed reliable, but not guaranteed
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