I personally lived in this neighborhood for years and really enjoyed it. You can walk around comfortably and it's easy to get around without a car.
The building is located between The Modern Hotel and the Prince Waikiki Hotel, which are double or triple the price! So, it shows this building is in a prime location and really great value.
It's walking distance to Ala Moana Shopping Center, world's largest outdoor shopping mall! PRO TIP: The luxury shopping is at a discount here!
GOOD EATS!
The Chart House: pretty good seafood!
The Grove Restaurant & Bar: right next door at the Modern Hotel, it has a nice atmosphere
Katsumidori Sushi Tokyo: right next door at the Prince Waikiki Hotel. It's one of my favorite Japanese restaurants. Honolulu Coffee Company: inside the Prince Waikiki Hotel lounge, the coffee is great!
FUN ACTIVITIES
Lots of shopping at Ala Moana Center and Kalakau Ave!
Hiking: Manoa Falls, Tantalus
Snorkeling: Hanauma Bay is famous for it
Pineapple Plantation: if you like pineapple soft serve you should check it out!
Also, alot of tour buses come pick you up very close to this building which is very convenient!!