**PRICE REDUCED** Legal vacation rental/short-term rental opportunity in Waikiki's Resort Zone! Intelligently remodeled, turnkey, and charming studio located just a few blocks from world-famous Waikiki Beaches, right near Target, grocery stores, the International Marketplace, and many excellent bars, coffee shops, restaurants, and public transportation! You'll have everything Waikiki has to offer right outside your door. This well-maintained and updated studio offers the perfect island retreat or investment opportunity. The efficient floor plan features a Murphy bed with built-in storage, plenty of cabinetry, countertop space, a full-size fridge, built-in cooktop, and a private lanai. Secure building features a keyed elevator, resident manager, community laundry, security, surfboard racks, and bicycle storage. Maintenance fees include electricity, water (hot/cold), sewer, and common area expenses, providing excellent value. Resort Mixed Use Zoning (X6) offers added flexibility, making this an outstanding opportunity in the heart of Honolulu. Current long-term tenant planning to vacate for new owner, easy to show.