I have to say this place is excellent for two people ( me and my wife).
Room.
The room is cozy and the view is beautiful. Half of the room is big windows. We can see the beach and ocean from the kitchen. We can also see the beautiful mountains from another side (and rainbows for two days when we were having breakfast). There is a small kitchen in the room, you can find almost everything you need for the breakfast, which is very convenient. You can also find beach chairs, coolers, equipments for snorkeling.
Location.
It is pretty close to Waikiki beach. You can walk there in about 15 to 20 min. We rent a bike just outside the building (called Biki) and ride to the beach in less than 10 min. You can also rent a car just next to the lobby. We rent a cute Smart. The best part is the parking price in the buying is half if you rent the Smart. Usually is 40 dollars per day which Is insane for me. But if you rent a smart one it is 20 dollars per day which is acceptable.
Price.
We were there during the Christmas. The average hotel price is more than 300 dollars per night. Here the price is less than half per night. Because this is a Airbnb not a hotel room, you have to follow some different roles compared with a hotel. We still think this is good enough for us.
Anyway, I will choose this place again if I go back to Honolulu in the future.