A rare opportunity in a prime Waikiki location with incredible lifestyle and investment flexibility. Long land lease until 2046! (Current monthly lease rent fixed until 2036 is $671, HOA $1737, Prop Tax $218) Conveniently located near Kapiolani Park, the Honolulu Zoo, and just two blocks to world-famous Waikiki Beach and surf at Walls, this beautifully upgraded unit at Crescent Park #1303 offers the best of Waikiki living. Enjoy ocean and Diamond Head views from your permitted enclosed lanai, along with a bright and functional layout. This unit features a new washer/dryer, ample storage, and is nicely updated throughout. Condo can be offered with the option to purchase fully furnished with kitchenware and linens, making it a turnkey second home or investment property. Crescent Park is a boutique building with only four units per floor and high owner occupancy, offering a more private and residential feel. Amenities include guest parking (x4), covered parking, heated pool, sundeck, BBQ area, resident manager, and maintenance fees that cover water, sewer, trash, and cable. This property allows 30-day minimum rentals.