LEGAL SHORT-TERM RENTAL (NONCONFORMING HOTEL EXEMPTED FROM STR PERMIT) - Hawaiian King with it's 1950's art deco style offers a great opportunity to have a short-term rental property with a renovated, full kitchen, nice pool and on site laundry making a great investment property or place to call home. Property sold with furnishings and is currently rented through 3-28-2024. Located in the heart of Waikiki with shopping, dining & beaches all within walking distance and easy access to public transportation (no parking on property). 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. Lease Rent through 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 to be paid by buyer with escrow closing.