Excellent opportunity to own a turn-key high floor studio unit at Luana Waikiki - a charming condo hotel located at the gateway to Waikiki on Kalakaua Avenue and resort zoned which allows for legal short term rentals. Ideal location with close proximity to beaches, world class shopping, dining and entertainment. Unit is fully furnished and includes a kitchenette with a stovetop, mini fridge and microwave. Unit bedding is set up as (2) full size beds, which can be beneficial for rental purposes as two beds may be preferred by some guests over a bed + sofa. Lanai renovation has already been completed and new divider has been installed. Amenities include heated pool, BBQ deck, gym, on site laundry and business center. All utilities (electricity, water, cable tv, internet) are covered in the monthly maintenance fee.