My parents still live in Oahu but couldn't host us however, staying in Waikiki wasn't bad because it was my fiance's first time visiting Hawaii. For the location, the price is awesome. It's not on the beachside but it's within walking distance. We rented a car for this trip so the parking space was a definite plus. If you're able to rent a car while visiting, do it. There is so much more to explore outside of the touristy area while visiting Oahu. The owner / rental manager was quick to respond when I had questions. Very helpful and friendly.
The property - highlights included the pool, hot tub, and sauna. There was a little convenience store located in the building that was actually nice to have for small things here and there. The only odd thing about this place was navigating the elevators was a bit confusing at first. Nothing too serious, just something to note.
The room - The room had two queens / full beds which were nice if there were two couples. my fiance and I just used one and threw our things on the other. It had everything you needed. A small kitchenette with two ranges, a little fridge, and a sink. a plus was the bidet in the bathroom. We have one at home and it's a game-changer. It was clean and having the lanai was nice to eat and have coffee on. I was originally worried about the unit not having central air. My fiance is from the midwest and absolutely NEEDS A/C. The unit does have a wall unit and the little guy did the job for the small space. Just remember to turn it off when you leave.
Overall, we enjoyed our stay. It hit "the must-haves" - Safe, clean, and comfortable. In terms of aesthetics, there are nicer, updated places. But for the price and the bonus parking space, it's worth checking out. I would suggest this to people, who are traveling on a budget and don't mind a little older space.