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Waikiki Sunset #1004 (NUC) (Waikiki)

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Photo 1 of 229 Paoakalani Ave #1004 (NUC), Honolulu
Photo 2 of 229 Paoakalani Ave #1004 (NUC), Honolulu
Photo 3 of 229 Paoakalani Ave #1004 (NUC), Honolulu
  • Asking Price: $615,000

    $10,000 price drop 10 days ago

  • Beds: 1
  • Baths: 1
  • Living: 564 ft²
  • Balcony: 67 ft²
  • Built: 1979
  • Parking: 1
  • Maint. (HOA) Fees: $926 / month
  • Other Monthly Fee: $275 / month
  • Property Taxes: $467 / month
  • Est. Mortgage: $2,950 / mo - adjust loan
  • Time Listed for Sale: 96 days
  • Status: Active
  • Tenure: Fee Simple
  • Buy without visiting ?
  • Open House:
    Sun Dec 21, 2pm - 5pm
  • All Waikiki Sunset condos for sale »
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229 Paoakalani Ave #1004 (NUC), Honolulu

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Call/Text George (808) 554-1635 or send a message using the form below.
We are expert real estate agents and have sold many condos in Waikiki Sunset. We would be happy to assist you too.
Description
Back on Market due to no fault of the unit! Turnkey Waikiki Ocean Facing Condo with Legal Vacation Rental Status!A valid Non-Conforming Use Certificate (NUC), allows for legal daily vacation rentals. Discover the perfect blend of investment potential and island lifestyle in this renovated, fully furnished unit at Waikiki Sunset! Located in the heart of Waikiki, this one bedroom/one bath unit features a king-size bed, full kitchen, plus an unassigned parking space. Parking can be scarce in Waikiki. Currently part of the Captain Cook rental program, this unit offers an opportunity for income generation or personal use.On-site amenities include a sparkling pool, BBQ grilling area, sauna, fitness center, lanai/deck, with laundry facilities on each floor, creating a resort-style experience for both residents and guests. As an added bonus, the Monthly special assessment for Brand New central air conditioning will be paid in full by the seller at closing with a full price offer. This is a fantastic opportunity to own a legal vacation property in one of Waikiki’s most desirable buildings. Just a 3-5 minute stroll to iconic Waikiki Beach. Schedule your private showing today.
Recent Activity
  • Dec 04, 2025 Price $615,000
  • Nov 24, 2025 Back to Active
  • Nov 06, 2025 Under Contract
  • Oct 24, 2025 Back to Active
  • Oct 17, 2025 Under Contract
  • Sep 19, 2025 Price $625,000
  • Aug 15, 2025 Listed at $635,000
  • Aug 12, 2025 Off Market
  • Jul 20, 2025 Price $675,000
  • Jun 10, 2025 Price $685,000
  • May 19, 2025 Price $700,000
  • May 12, 2025 Price $725,000
  • Apr 15, 2025 Listed at $750,000
Recent Sales
(Waikiki Sunset)
  • #3709 (NUC): 1 Bd | 1 Ba @ $610K (12/12/25)
  • #1510: 1 Bd | 1 Ba @ $550K (12/3/25)
  • #2902: 1 Bd | 1 Ba @ $700K (12/1/25)
  • #2008(NUC): 1 Bd | 1 Ba @ $630K (11/21/25)
  • #3208: 1 Bd | 1 Ba @ $750K (11/14/25)
  • #1904: 1 Bd | 1 Ba @ $688K (11/14/25)
  • #1206 (NUC): 1 Bd | 1 Ba @ $595K (11/12/25)
  • #PH-3807: 2 Bds | 2 Ba @ $2.2M (9/24/25)
  • #1014: 2 Bds | 1 Ba @ $929K (9/11/25)
  • #3610: 1 Bd | 1 Ba @ $790K (7/31/25)
  • #1413: 2 Bds | 1 Ba @ $930K (7/18/25)
  • #1513: 2 Bds | 1 Ba @ $1.1M (7/11/25)
  • #912: 1 Bd | 1 Ba @ $572K (6/20/25)
  • #3313: 2 Bds | 1 Ba @ $998K (5/23/25)
  • #1501: 1 Bd | 1 Ba @ $650K (5/9/25)
  • #2804: 1 Bd | 1 Ba @ $738K (4/1/25)
  • #2204: 1 Bd | 1 Ba @ $850K (2/13/25)
  • #1610: 1 Bd | 1 Ba @ $715K (2/10/25)
  • #1714: 2 Bds | 1 Ba @ $950K (2/3/25)
  • #1409: 1 Bd | 1 Ba @ $653K (12/11/24)
  • #3609: 1 Bd | 1 Ba @ $660K (12/6/24)
  • #2310: 1 Bd | 1 Ba @ $155K (11/15/24)
  • #2009: 1 Bd | 1 Ba @ $663K (11/15/24)
  • #1912: 1 Bd | 1 Ba @ $680K (10/30/24)
  • #2108: 1 Bd | 1 Ba @ $170K (8/30/24)
  • #1006: 1 Bd | 1 Ba @ $650K (7/29/24)
  • #709: 1 Bd | 1 Ba @ $615K (7/15/24)
  • #1012: 1 Bd | 1 Ba @ $650K (4/15/24)
  • #2305: 1 Bd | 1 Ba @ $625K (4/2/24)
  • #1612: 1 Bd | 1 Ba @ $688K (3/21/24)
  • #1613: 2 Bds | 1 Ba @ $935K (3/18/24)
  • #2712: 1 Bd | 1 Ba @ $855K (3/8/24)
  • #3308: 1 Bd | 1 Ba @ $780K (2/28/24)
  • #1405: 1 Bd | 1 Ba @ $600K (2/23/24)
  • #2601: 1 Bd | 1 Ba @ $600K (2/8/24)
  • #2506: 1 Bd | 1 Ba @ $660K (2/5/24)
  • #3112: 1 Bd | 1.5 Ba @ $695K (1/31/24)
  • #2514: 2 Bds | 1 Ba @ $935K (1/10/24)
  • #710: 1 Bd | 1 Ba @ $610K (1/4/24)
  • #1401: 1 Bd | 1 Ba @ $585K (12/18/23)
  • #2005: 1 Bd | 1 Ba @ $615K (11/22/23)
  • #1408: 1 Bd | 1 Ba @ $170K (11/22/23)
  • #1711: 1 Bd | 1 Ba @ $630K (10/10/23)
  • #1011: 1 Bd | 1 Ba @ $585K (8/31/23)
  • #1712: 1 Bd | 1 Ba @ $635K (8/11/23)
  • #1202: 1 Bd | 1 Ba @ $625K (6/30/23)
  • #2611: 1 Bd | 1 Ba @ $620K (6/2/23)
  • #1402: 1 Bd | 1 Ba @ $645K (6/2/23)
  • #1503: 1 Bd | 1 Ba @ $615K (5/18/23)
  • #3504: 1 Bd | 1 Ba @ $220K (4/4/23)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.13
  • Price / ft²: $1,090
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2017
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone AE
  • View: City, Coastline, Diamond Head, Ocean
  • Furnished: Full
  • Property Condition: Excellent,Above Average
  • Owner Occupancy: 4%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Patio/Deck, Recreation Area, Recreation Room, Resident Manager, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-54
  • Tax Assessed Land: $84,200
  • Tax Assessed Improvements: $526,000
  • Tax Assessed Total: $610,200
  • Courtesy: Coldwell Banker Island Prop. / (808) 875-7000
  • MLS: 202518049
Ask George a Question
About Waikiki Sunset
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
     
  • Built: 1979, 38 Floors, 435 Units, 1 & 2BR, Pets: OK (verify).
     
  • Amenities: Pool, Gym, Sauna, BBQ.
     
  • Short-term Vacation Renting: Allowed.

Note: A special assessment of $253/mo to $295/mo for the 1-bedroom units and $582 to $660/mo for the 2-bedroom units ends in December 2028, or it can be paid off in full before then. This is for the 2025 completed AC fan coil replacement project.

Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including unit

  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 14, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
$625,000
Waikiki Sunset #1210 (NUC)
1 Bd | 1 Ba
534 ft²
Featured
$629,000
Waikiki Sunset #807
1 Bd | 1 Ba
546 ft²
$595,000
Waikiki Sunset #910(NUC)
1 Bd | 1 Ba
534 ft²
Featured
$639,000
Waikiki Sunset #1803
1 Bd | 1 Ba
546 ft²
Other Condotels
$599,000
Luana Waikiki #606
1 Bd | 1 Ba
676 ft²
$658,000
Waikiki Banyan #T2-908
1 Bd | 1 Ba
533 ft²
$535,000
Island Colony #720
1 Bd | 1 Ba
570 ft²
$649,000
Tradewinds Plaza #703
Studio | 1 Ba
322 ft²
$538,000
Marine Surf Waikiki #508
Studio | 1 Ba
392 ft²
$500,000
Waikiki Grand Hotel #518
Studio | 1 Ba
363 ft²
  • Asking Price: $615,000

    $10,000 price drop 10 days ago

Description
Back on Market due to no fault of the unit! Turnkey Waikiki Ocean Facing Condo with Legal Vacation Rental Status!A valid Non-Conforming Use Certificate (NUC), allows for legal daily vacation rentals. Discover the perfect blend of investment potential and island lifestyle in this renovated, fully furnished unit at Waikiki Sunset! Located in the heart of Waikiki, this one bedroom/one bath unit features a king-size bed, full kitchen, plus an unassigned parking space. Parking can be scarce in Waikiki. Currently part of the Captain Cook rental program, this unit offers an opportunity for income generation or personal use.On-site amenities include a sparkling pool, BBQ grilling area, sauna, fitness center, lanai/deck, with laundry facilities on each floor, creating a resort-style experience for both residents and guests. As an added bonus, the Monthly special assessment for Brand New central air conditioning will be paid in full by the seller at closing with a full price offer. This is a fantastic opportunity to own a legal vacation property in one of Waikiki’s most desirable buildings. Just a 3-5 minute stroll to iconic Waikiki Beach. Schedule your private showing today.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 14, 2025.Information is deemed reliable but not guaranteed.
    • Dec 04, 2025 Price $615,000
    • Nov 24, 2025 Back to Active
    • Nov 06, 2025 Under Contract
    • Oct 24, 2025 Back to Active
    • Oct 17, 2025 Under Contract
    • Sep 19, 2025 Price $625,000
    • Aug 15, 2025 Listed at $635,000
    • Aug 12, 2025 Off Market
    • Jul 20, 2025 Price $675,000
    • Jun 10, 2025 Price $685,000
    • May 19, 2025 Price $700,000
    • May 12, 2025 Price $725,000
    • Apr 15, 2025 Listed at $750,000
    • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
       
    • Built: 1979, 38 Floors, 435 Units, 1 & 2BR, Pets: OK (verify).
       
    • Amenities: Pool, Gym, Sauna, BBQ.
       
    • Short-term Vacation Renting: Allowed.

    Note: A special assessment of $253/mo to $295/mo for the 1-bedroom units and $582 to $660/mo for the 2-bedroom units ends in December 2028, or it can be paid off in full before then. This is for the 2025 completed AC fan coil replacement project.

    Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including unit

      ... Read more
    Other Waikiki Sunset Listings
    $625,000
    Waikiki Sunset #1210 (NUC)
    1 Bd | 1 Ba
    534 ft²
    Featured
    $629,000
    Waikiki Sunset #807
    1 Bd | 1 Ba
    546 ft²
    $595,000
    Waikiki Sunset #910(NUC)
    1 Bd | 1 Ba
    534 ft²
    Featured
    $639,000
    Waikiki Sunset #1803
    1 Bd | 1 Ba
    546 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.