We had a great time staying at Pacific Monarch for one month. The location is unbeatable, right in the heart of Waikiki! It is two blocks away from the beach along the busy street. I felt safe walking there at night. You will find a lot of grocery stores, shops, cafes and restaurants in the area. A surfing school (Moku) is right on the corner. It is also close to a famous International Market (shopping and eating) and a Hawaiian Royal Center (more shopping and eating:). Make sure you try some poke bowls (Maguro spot, Coco Cove) and açaí bowls (Island Vintage Coffee).
Back to the room. :) The view from the huge window/sliding door is amazing! Every day a sunrise show on one side, and a beautiful ocean - on the other side. A balcony area may be challenging to those with the fear of heights but you get used to it. Elevator worked fine. The room itself was clean, and the bathroom had all the essentials. Kitchenette is good for making a quick tea/coffee, and the small fridge is spacious enough to keep leftovers and some beverages. I would personally prefer a lighter color scheme in the design but everything was clean, even though the building itself is a bit old. We had a delay at the check in but it was due to the transition to a new system at the reception. We did get hold of the host soon but it took some time to solve the problem. Other than that, the host was very responsive and accommodated all our requests in a timely manner. It was a nice touch that the host left two beach chairs for us to use. Also, if you rent a car, the hotel charges $30 per night. If you wish to save, you might find it challenging to find a parking spot on the street. One option is to park at Monsarrat Ave, right behind the Zoo. It is a 12-15 min walk depending on your pace but you walk along the beach. I recommend this airbnb and its host, Pascal.