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Preferred Diamond Head–facing 1-bedroom, 1-bathroom unit in Tower 1 of the sought-after Waikiki Banyan, one of Waikiki's most desirable legal short-term rental buildings. This unit offers 533 sq ft living space, 67 sq ft of balcony space & 1 unassigned parking stall. This unit participates in the Aston Waikiki Banyan rental program and maintains a strong occupancy rate. As the new owner, you have two options for maximizing investment: Hotel Management – Allow the hotel to seamlessly manage your unit. Self-Management – Renovate to your taste and rent it out independently. The building offers a pool, jacuzzi, bbq area, children's playground (which are currently under renovation), sauna, mini mart, cafe and coin-operated laundry on each floor. Enjoy the convenience of being just moments from all that Waikiki has to offer. The all-inclusive maintenance fee of $902.20 per month covers water, hot water, electricity, basic cable TV, and internet. Building improvements include the completed pipe replacement, elevator upgrades in 2025, and ongoing recreation deck renovation. The unit is Fee Simple; however a Becker Sandwich Lease of $52.20 per month applies, ending November 29 2035.