This is a great place to stay if you're looking to be near Waikiki Beach. There are also shopping malls nearby along with options for food and convenience stores. The kitchen is pretty well stocked so you can cook if you wanted. Even better, there is a parking lot if you plan on renting a car during your trip. FYI, parking is first come first serve, so I would try to park the car by late afternoon to get a spot. A word of warning for light sleepers: the hostels nearby can get a little loud but it's nothing that earplugs and the A/C can't block out.
Overall, felt very safe and enjoyed my stay here!