Honolulu - Beach Property For Sale #4686558

LEGAL SHORT-TERM RENTAL- See supplement letter from DPP stating the Hawaiian King is a *nonconforming hotel* and EXEMPT FROM STR PERMIT (only unit to receive a letter, no other owners appealed or hired attorney to fight). Hawaiian King with it's 1950's art-deco style is a unique property for sure. Shower pipes & fixtures were just replaced. MF includes water, sewer, cable, on-site manager, and common area maintenance; other fee is the electric monthly average which varies with usage and billed quarterly. Located in the heart of Waikiki with shopping, dining & beaches all within walking distance and easy access to public transportation (note no parking on property). Lease Rent to 2036; lessor approval / consent required. Buyer will need to submit application packet with $500 fee and buyer's financials to Queen Emma within 10 days of acceptance in order to receive Lessor approval and consent prior to closing; additionally Queen Emma requires 6 months of Lease Rent reserves upfront.