Waikiki Grand Hotel Homes under $600,000

Welcome to the Waikiki Grand Hotel, an iconic gem nestled in the heart of Honolulu, Hawaii. This charming building offers a unique blend of tropical paradise and urban convenience, making it an ideal destination for both vacationers and those seeking a slice of island life. With its prime location just steps away from the world-famous Waikiki Beach, residents and guests can enjoy sun-soaked days, vibrant nightlife, and a plethora of dining options right at their doorstep.

The Waikiki Grand Hotel features a variety of accommodations, perfect for those looking to invest in a piece of paradise without breaking the bank. With homes available under $600,000, this property presents an exceptional opportunity for first-time buyers or anyone looking to own a slice of Oahu. Imagine waking up to the sound of gentle waves and the scent of salty air, all while being surrounded by the lush beauty of Hawaii.

Beyond its stunning location, the Waikiki Grand Hotel boasts a welcoming atmosphere, complete with friendly staff and a range of amenities designed to enhance your living experience. From relaxing by the pool to exploring nearby attractions such as Diamond Head and the Honolulu Zoo, there’s no shortage of activities to enjoy.

Whether you're looking for a vacation home, a rental investment, or a permanent residence, the Waikiki Grand Hotel offers an unparalleled lifestyle in one of the most sought-after areas in the world. Embrace the spirit of aloha and discover your dream home in this vibrant Honolulu community!

Newest Waikiki Grand Hotel Homes under $600,000

$260,000

1 Baths ⋅ 202614227 MLS ⋅ FS - Fee Simple Tenure ⋅ 74 DOM ⋅ Waikiki Grand Hotel BLDG.

Located at the east end of Waikiki, this cozy corner studio at the Waikiki Grand Hotel offers fantastic convenience just a short walk from Waikiki Beach, the Honolulu Zoo, Kapiolani Park, and numerous dining options. The unit features upgraded high-grade jalousie windows, fire sprinklers, a microwave, and a refrigerator. Residents can also take advantage of convenient community laundry facilities and access a stunning rooftop deck offering panoramic views of Diamond Head.

134 Kapahulu Avenue Unit 907, Honolulu

$345,000

1 Baths ⋅ 202612217 MLS ⋅ FS - Fee Simple Tenure ⋅ 102 DOM ⋅ Waikiki Grand Hotel BLDG.

Discover this 243 sq ft studio plus 51 sq ft lanai in iconic Waikiki Grand Hotel, LEGALLY PERMITTED and ZONED for SHORT-TERM RENTALS. Newly RENOVATED kitchen features full-size refrigerator, new wood cabinetry, quartz countertops with waterfall edge, induction cooktop, and microwave hood, plus new LED mirror. This condotel offers flexibility as investment or personal retreat. Less than half block from Queens Beach, across from Honolulu Zoo and Kapiolani Park. Built in 1963, building offers 218 units with 24-hour security. The 10th-floor rooftop sundeck showcases views of Diamond Head and Pacific Ocean. Amenities include pool, 24-hour front desk, on-site dining at Teddy's Bigger Burgers and Hula's Bar & Lei Stand, laundry. Pet-friendly building in vibrant East Waikiki, renowned for surfing, dining, entertainment, shopping. Quick access to Diamond Head hike, Waikiki Aquarium, International Market Place. Monthly maintenance fee covers all utilities including cable and internet. Optional parking and storage available for fee. Whether managed through hotel program or independently, this turnkey property offers seamless island ownership in one of Hawaii's most sought-after locations.

134 Kapahulu Avenue Unit 802, Honolulu

$349,000

1 Baths ⋅ 202612213 MLS ⋅ FS - Fee Simple Tenure ⋅ 102 DOM ⋅ Waikiki Grand Hotel BLDG.

Prime fee simple in Waikiki Grand Hotel, LEGALLY PERMITTED and ZONED for SHORT-TERM RENTALS. Renovated 294 sq ft studio features a new full kitchen with induction cooktop, microwave hood, and full-size refrigerator, plus new wood cabinetry, quartz countertops with waterfall edge, and updated lighting. Updated bath boasts new vanity with new faucets and lighted mirror. Fully furnished and move-in ready, this turnkey unit offers flexibility as an investment, personal retreat, or hands-free rental through the hotel program. Steps from Waikiki Beach, across from Honolulu Zoo and Kapiolani Park. The 10th-floor rooftop sundeck features panoramic views of Diamond Head, Pacific Ocean, and Waikiki coastline. Resort amenities include a sparkling pool, 24-hour front desk concierge, Activities Desk, on-site dining at Teddy's Bigger Burgers and Hula's Bar & Lei Stand, and community laundry. Pet-friendly building in the heart of East Waikiki, close to world-class shopping, dining, entertainment, Waikiki Aquarium, and Waikiki Shell. Monthly maintenance fee covers electricity, water, sewer, cable TV, and high-speed WiFi. Optional parking and storage available for fee.

134 Kapahulu Avenue Unit 801, Honolulu

$320,000

1 Baths ⋅ 202609594 MLS ⋅ FS - Fee Simple Tenure ⋅ 143 DOM ⋅ Waikiki Grand Hotel BLDG.

Rare opportunity for a legal short-term rental studio on the 9th floor of the Waikiki Grand Hotel!Currently a high-performing turnkey Airbnb averaging $30,000/year gross income. This unit is sold fully furnished and ready for immediate operation. Enjoy resort-style amenities: a large pool,front desk, concierge, and a 10th-floor sundeck lounge with breathtaking, unobstructed views of he world-famous Diamond Head crater and some of the best ocean vistas on Oahu. Perfectly positioned just 134 steps from the white sands of Waikiki Beach and directly across from the Honolulu Zoo and Kapoilani Park. This pet-friendly building offers ultimate convenience- everything Waikikihas to offer, from world-class shopping to top-tier restaurants and entertainment is right at your doorstep. Whether you are looking for a savvy addition to your investment portfolio or a personal vacation retreat, this location delivers the best of the Hawaii lifestyle. Don't miss your chance to own in one of Waikiki's most sought-after locations! All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising.

134 Kapahulu Avenue Unit 917, Honolulu

$585,000

1 Baths ⋅ 202607793 MLS ⋅ FS - Fee Simple Tenure ⋅ 166 DOM ⋅ Waikiki Grand Hotel BLDG.

Located in a charming Waikiki boutique hotel/resort mixed-use building, this renovated 2025 Fee Simple unit on the preferred side of the building offers an exceptional opportunity to enjoy the best of island living. The unit features a lanai with spectacular views of Diamond Head, partial ocean, lush park setting, and iconic banyan trees. This turnkey STR property is only a few steps from world-famous Waikiki Beach and conveniently near the Honolulu Zoo, Waikiki Shell, Kapiolani Park, shopping, and an excellent selection of dining options. Monthly maintenance fees include electricity, cable TV, internet, sewer, water, and common area expenses. Residents and guests can also enjoy a welcoming lobby, onsite pool, and stunning 10th-floor sun deck views. The property has most recently been operated as a long-term rental, and the interior photos were provided by the current tenant.

134 Kapahulu Avenue Unit 510, Honolulu

$255,000

1 Baths ⋅ 202607299 MLS ⋅ FS - Fee Simple Tenure ⋅ 178 DOM ⋅ Waikiki Grand Hotel BLDG.

Fully Renovated, Turnkey Legal Short-Term Rental Across from Queen’s Beach & Honolulu Zoo. Seller is open to creative financing options, including potential no-money-down structures on this turnkey investment. Welcome to this exceptional unit in the Waikiki Grand Hotel—legally permitted for short-term rentals and perfectly positioned in the heart of Waikiki. Fully furnished and turnkey, this high-performing vacation rental offers strong income potential and consistent occupancy, making it an ideal investment opportunity. Located directly across from the Honolulu Zoo, Kapiolani Park, and just steps from world-famous Waikiki Beach, this property sits in one of Oahu’s most sought-after visitor destinations—ensuring year-round demand. Thoughtfully renovated, the unit features split AC for enhanced comfort, contributing to positive guest experiences and maximizing rental performance. Enjoy access to resort-style amenities, including a pool, rooftop lounge with panoramic ocean views, spacious lobby, on-site restaurant, community laundry, and 24-hour security. This is a rare opportunity to own a proven, high-performing vacation rental in one of Waikiki’s most desirable locations.

134 Kapahulu Avenue Unit 303, Honolulu

$265,000

1 Baths ⋅ 202607305 MLS ⋅ FS - Fee Simple Tenure ⋅ 178 DOM ⋅ Waikiki Grand Hotel BLDG.

Fully Renovated, Turnkey Legal Short-Term Rental Across from Queen’s Beach & Honolulu Zoo. Seller is open to creative financing options, including potential no-money-down structures on this turnkey investment. Welcome to this exceptional unit in the Waikiki Grand Hotel—legally permitted for short-term rentals and perfectly positioned in the heart of Waikiki. Fully furnished and turnkey, this high-performing vacation rental offers strong income potential and consistent occupancy, making it an ideal investment opportunity. Located directly across from the Honolulu Zoo, Kapiolani Park, and just steps from world-famous Waikiki Beach, this property sits in one of Oahu’s most sought-after visitor destinations—ensuring year-round demand. Enjoy access to resort-style amenities, including a pool, rooftop lounge with panoramic ocean views, spacious lobby, on-site restaurant, community laundry, and 24-hour security. This is a rare opportunity to own a proven, high-performing vacation rental in one of Waikiki’s most desirable locations.

134 Kapahulu Avenue Unit 700, Honolulu

$450,000

1 Baths ⋅ 202605385 MLS ⋅ FS - Fee Simple Tenure ⋅ 208 DOM ⋅ Waikiki Grand Hotel BLDG.

Exceptional opportunity to own a legal short-term rental in Waikiki. Perfectly positioned on the Kapiolani Park/Honolulu Zoo side of Waikiki, this property offers guests unbeatable access to world-famous beaches, Diamond Head, dining, and outdoor activities. This well-maintained unit features one of the larger floorplans, providing a comfortable and spacious layout that stands out from many other units in the development. With a proven track record of strong rental income and consistently high occupancy, this property presents an outstanding investment opportunity in the heart of Waikiki. This unit offers an interior connecting door to adjoining Unit #519, which is also available for sale. Together, the two units can be combined to create one of the largest living spaces in the building, offering tremendous flexibility for investors seeking to maximize rental potential or owners who want the option of a larger Waikiki retreat. Whether you’re looking for a high-performing investment property or a versatile island getaway with income potential, this rare opportunity at the Waikiki Grand Hotel delivers location, flexibility, and proven returns.

134 Kapahulu Avenue Unit 518, Honolulu

$499,999

1 Baths ⋅ 202524233 MLS ⋅ FS - Fee Simple Tenure ⋅ 335 DOM ⋅ Waikiki Grand Hotel BLDG.

Legal short-term rental in the heart of Waikiki! This turnkey, corner-end unit at the Waikiki Grand Hotel is fully furnished—including kitchenware—and ready to generate income from day one. Enjoy established rental history, Diamond Head views, and the convenience of being just one block from world-famous Waikiki Beach. Located on the desirable front side of the building, this high-floor unit offers fire sprinklers, full insurance coverage, and access to the 10th-floor sundeck with panoramic ocean and mountain views. Perfect as an investment or vacation retreat—don’t miss this rare opportunity in one of Waikiki’s few fully legal vacation rental buildings! Showings based on occupancy and availability.

134 Kapahulu Avenue Unit 716, Honolulu

$140,000

1 Baths ⋅ 202524415 MLS ⋅ LH - Leasehold Tenure ⋅ 343 DOM ⋅ Waikiki Grand Hotel BLDG.

Fee Purchase:$287,000. Legal short-term condotel in the popular Waikiki Grand Hotel! Spacious “residential” style unit with one of the largest floor plans, featuring a kitchenette with two-burner cooktop, fridge, and microwave. Dual-pane windows offer a quiet, modern feel. This fully legal vacation rental requires no special DPP registration—ideal as an investment or private getaway. Enjoy the unbeatable location just steps from Waikiki Beach, with access to a 10th-floor rooftop deck boasting panoramic views of Diamond Head, the Zoo, and the ocean. On-site dining options include a restaurant, bar, and grill, plus nearby parking. Monthly maintenance fee covers electricity, cable TV, internet, water/sewer, and common expenses. Offered Leasehold, with Fee Simple interest available for purchase now.

134 Kapahulu Avenue Unit 220, Honolulu

$325,000

1 Baths ⋅ 202524039 MLS ⋅ FS - Fee Simple Tenure ⋅ 348 DOM ⋅ Waikiki Grand Hotel BLDG.

Best price in the building for this LEGAL SHORT-TERM RENTAL--Rent daily, weekly, monthly, or long-term! Fantastic opportunity to own a high-floor, furnished studio at the popular Waikiki Grand Hotel, just steps from Waikiki Beach, the Honolulu Zoo, and Kapiolani Park. This quiet mountain side unit on the 9th floor features a larger 363 sq. ft. layout with a separate kitchenette. Enjoy beautiful mountain views with a peek of Diamond Head. The building offers a rooftop sundeck with stunning panoramic views of Diamond Head, the Pacific Ocean, and Waikiki Beach. Other amenities include a pool, two restaurants, and a community laundry on site. Use the unit your way — place it in the hotel’s rental program, hire your own property manager, or enjoy it as your own private island retreat. Maintenance fee has been updated for 2026 (4% increase) and includes electricity, cable TV, internet, sewer, water, and common area expenses. Don’t miss this chance to own a vacation rental or personal paradise at the popular Waikiki Grand Hotel — where location, lifestyle, and investment opportunity meet in perfect harmony.

134 Kapahulu Avenue Unit 920, Honolulu

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.