This Waikiki one-bedroom offers exceptional privacy, outdoor living, and incredible value, priced $102,500 below tax assessed value! WOW! Approximately 595 sq. ft. of interior living space features new kitchen and bathroom faucets, plumbing, and garbage disposal. A new refrigerator and microwave. In-unit washer/dryer and 2 tandem parking stalls. Then there's the showstopper: a private, partially covered 833 sq. ft. lanai, freshly repainted and waterproofed offering space to dine, entertain, let the dogs roam, and soak up Hawaii's sunshine. Pet-friendly building welcomes two pets up to 25 lbs. each. Currently rents for $3,900/month. The tenant's lease expires February 2027 but they are interested in extending. With only two units on the 5th floor, enjoy uncommon peace and privacy. The pool, BBQ area, and men's and women's bathrooms with showers and saunas are just steps away, with no elevator ride. Beaches, dining, shopping (Target just 0.2 miles away), and entertainment are all nearby. Building and elevators have a back-up generator in case of a power failure. An exceptional opportunity to enjoy the Waikiki lifestyle in one of the neighborhood's largest one-bedroom residences!