Graces place is great for a specific type of traveler. If you are okay with basic accommodation with walking distance to Waikiki and don’t plan to leave Waikiki, then it is great! It is not bad at all for the price.
Unfortunately, we planned to leave Waikiki to see other parts of the island. For that reason, we rented a car. The listing was clear that nearby parking was hard but stated there was free guaranteed parking if you were willing to walk. That was not correct. The parking at the place mentioned is not legal overnight.
Pros:
-walking distance to Waikiki
-some beach items left behind (a floatie, some chairs, snorkels)
-cheaper than most hotels
Cons
-No free overnight parking anywhere nearby. Anywhere. Regardless of what the listing promises
-no A/C
-very loud neighbors and thin doors/walls. Hearing people moving around so much late at night woke us up a few times
-door lock was weird. When you close the door, you have to twist and turn the knob repeatedly to get it all to engage. Otherwise, the door can simply be pushed open.
If you do end up staying here, Waikiki banyan is the closest and most affordable parking. It was $27 for 24 hours. Overall, the parking situation was pretty disruptive to our stay but outside of that, it is an affordable place to stay with a very communicative host.