Maurie's place really is a great steal right in the middle of Waiki. My husband and I stayed comfortably in this humble little studio for 3 nights. Throughout our stay, we kept commenting in how awesome the location is. From the 8th story balcony of the condo you are surrounded bt Waikiki's high rise hotels and resorts and look out to the sparkling turquoise ocean. Between watching sailboats & surfers come and go, smelling great food and hearing the live music from the restaurant directly below- we loved experiencing the buzz of this vacation hot spot all from Maurie's place. The short walk to the beach across the street is unbeatable and so are the endless food spots and shopping all within walking distance.
We had a rental car for our visit in Oahu and we ended up not using it in Waikiki because everything we wanted to do was right there.
As mentioned, parking in Waikiki is no easy or cheap task. The parking garages of the hotels in the area with typically let you park there for between $25 and $30 per day. Maurie recommended renting a parking stall from the condo manager for $35 per day and we honestly thought it was worth paying a bit more but having the car right there and knowing that it was safe.