It has the best view in Waikiki (ocean + Diamond head), just a perfect distance from the beach, nice restaurant, shopping, etc.
I've been staying in Waikiki many times, this is definitely one of the best experiences. very fast communication/responses from the management office, a small place but well-equipped, best location, convenience, etc. Recommendation: I expected some level of noise so I was fine, but if you are sensitive to noise, bring ear plugs to stay away from the street noise, cars, birds, wave, people talking/singing at night.