Hawaii Living

Waikiki Sunset #1402 (Waikiki)

229 Paoakalani Ave #1402, Honolulu

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Waikiki has unique short-term rental rules. We are expert real estate agents who specialize in this market. Contact us when ready. 
Guide To Condotels.
Description
Just on the outskirts of Kapiolani Park and Diamond Head and sandwiched in-between the Alawai Canal and the gorgeous Pacific Ocean sits a landmark in Waikiki known as the Waikiki Sunset. Have you been looking for a fantastic property close to the beach that you can come visit as often as you like but still rent out short term? This unit has the invaluable Short Term Vacation Rental certificate making it legal to do nightly rentals all the way up to year long leases and everything in-between. You can manage it yourself or use a property management company. This unit has ocean views. Just a short walk to Waikikis bathtub warm waters and powdered sugar sands. Watch the sunset singe the horizon, float in crystal blue ocean waters, surf, or enjoy the Honolulu Zoo or the gorgeous Kapiolani Park. There are a plethora of fine dining and pubs nearby. The purple couch has been replaced. Updated photos to follow on the 17th of April.
Past Activity
  • Jun 06, 2023 Sold for $645,000
  • Apr 30, 2023 In Escrow
  • Apr 06, 2023 Listed at $645,000
  • May 11, 2015 Sold for $380,000
  • Mar 17, 2015 In Escrow
  • Feb 18, 2015 Price $399,900
  • Jan 20, 2015 Price $416,000
  • Dec 10, 2014 Listed at $430,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.45
  • Price / ft²: $1,208
  • 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: 2016
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone X
  • View: City, Diamond Head, Ocean
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Card, Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Playground, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-94
  • Tax Assessed Land: $78,400
  • Tax Assessed Improvements: $418,900
  • Tax Assessed Total: $497,300
  • Courtesy: Hawaii Homes International / (808) 949-0020
  • MLS: 202308527
Good to Know
Profile

Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including units without a NUC (owners must register their unit for short-term renting - see here).


About Waikiki Sunset
Most units are 1 bedroom with the bedroom having a door and wa  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 30, 2024. Information is deemed reliable but not guaranteed.
  • Sold 6/2/23 at $645,000
    (List Price: $645,000)
Description
Just on the outskirts of Kapiolani Park and Diamond Head and sandwiched in-between the Alawai Canal and the gorgeous Pacific Ocean sits a landmark in Waikiki known as the Waikiki Sunset. Have you been looking for a fantastic property close to the beach that you can come visit as often as you like but still rent out short term? This unit has the invaluable Short Term Vacation Rental certificate making it legal to do nightly rentals all the way up to year long leases and everything in-between. You can manage it yourself or use a property management company. This unit has ocean views. Just a short walk to Waikikis bathtub warm waters and powdered sugar sands. Watch the sunset singe the horizon, float in crystal blue ocean waters, surf, or enjoy the Honolulu Zoo or the gorgeous Kapiolani Park. There are a plethora of fine dining and pubs nearby. The purple couch has been replaced. Updated photos to follow on the 17th of April.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 30, 2024. Information is deemed reliable but not guaranteed.
    • Jun 06, 2023 Sold for $645,000
    • Apr 30, 2023 In Escrow
    • Apr 06, 2023 Listed at $645,000
    • May 11, 2015 Sold for $380,000
    • Mar 17, 2015 In Escrow
    • Feb 18, 2015 Price $399,900
    • Jan 20, 2015 Price $416,000
    • Dec 10, 2014 Listed at $430,000
    Profile

    Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including units without a NUC (owners must register their unit for short-term renting - see here).


    About Waikiki Sunset
    Most units are 1 bedroom with the bedroom having a door and wa  .....
    Read more.
    Other Waikiki Sunset Listings
     
    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. However, the sale is still 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.
    Learn about property tax rates.