Iconic Waikiki getaway in the sought-after 05 stack! This Fee Simple legal short-term rental studio is known for its famous "Pink Couch"—featured in Forbes, Business Insider, and other top travel/Airbnb “best of” roundups—and it delivers the kind of stay guests remember. Step onto your lanai and enjoy ocean views and island breezes, all just minutes to Waikiki Beach, world-class dining, and shopping. Sold fully furnished, with strong rental history and solid income potential, this is a true turnkey opportunity. Building major improvements including spalling/painting (2020–2021) and a lobby renovation (2022–2024) with new automatic entry doors and refreshed artwork. Operations were also updated with a redesigned security area, FOB access, registration kiosk, and key vault system. Enjoy an on-site Resident Manager, security, surfboard storage, and bike racks. For added guest convenience, optional paid luggage storage is available for early arrivals/late departures so guests can explore hands-free. Maintenance fee includes electric & water (not sub metered), hot water, cable, internet, on-site management & security. Monthly special assessment through Dec 2027, prorated at closing.