Hawaii Living

Waikiki Sunset #1405 (Waikiki)

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Photo 1 of 229 Paoakalani Ave #1405, Honolulu

229 Paoakalani Ave #1405, Honolulu

Selling or Buying in Waikiki Sunset?
Call agent (808) 343-5000 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
SEEKING BACK UP OFFERS! Best value condotel. NON CONFORMING USE CERTIFICATE, Hotel pool, remodeled, fully furnished and appointed. TURNKEY. Great Income stream,good reserves, pet friendly,unassigned covered parking,Guest parking,Heated Pool, wifi room, hospitality room with large screen tv,tennis courts,BBQ,Concierge front desk,Security,general store/grocery,full kitchen, MOUNTAIN VIEW, Other fee of $195.33 is for reserves. Zen like mountain view. Lowest priced FEE SIMPLE 1/1 in building with non conforming use certificate in the hotel pool. OPEN NOV 20th 2 to 5 pm
Past Activity
  • Sep 14, 2025 Listed at $649,000
  • Feb 23, 2024 Sold for $600,000
  • Jan 08, 2024 Under Contract
  • Nov 21, 2023 Listed at $610,000
  • Feb 09, 2017 Sold for $457,000
  • Dec 09, 2016 Under Contract
  • Sep 16, 2016 Price $460,000
  • Aug 29, 2016 Price $470,000
  • Jun 28, 2016 Listed at $485,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.15
  • Price / ft²: $837
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Golf Course, Marina/Canal, Mountain
  • Property Condition: Excellent
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Concierge, Heated Pool, Meeting Room, Patio/Deck, Sauna, Security Guard, Storage, Tennis Court, Trash Chute
  • TMK: 1-2-6-28-11-97
  • Tax Assessed Land: $44,200
  • Tax Assessed Improvements: $369,900
  • Tax Assessed Total: $414,100
  • Courtesy: Hawaii Homes International
  • MLS: 201616660
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 23, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
$595,000
Waikiki Sunset #910(NUC)
1 Bd | 1 Ba
534 ft²
$615,000
Waikiki Sunset #1003 (NUC)
1 Bd | 1 Ba
546 ft²
$619,900
Waikiki Sunset #2901(NUC)
1 Bd | 1 Ba
546 ft²
Featured
$629,000
Waikiki Sunset #807
1 Bd | 1 Ba
546 ft²
Other Condotels
$445,000
Bamboo #1104
1 Bd | 1 Ba
463 ft²
$399,999
Kalakauan #209
1 Bd | 1 Ba
437 ft²
$480,000
Ilikai Marina #979
Studio | 1 Ba
427 ft²
$485,000
Palms At Waikiki #604
Studio | 1 Ba
309 ft²
$500,000
Waikiki Grand Hotel #518
Studio | 1 Ba
363 ft²
$415,000
Royal Garden At Waikiki #1705
Studio | 1 Ba
353 ft²
  • Sold 2/9/17 at $457,000
    (List Price: $460,000)
Description
SEEKING BACK UP OFFERS! Best value condotel. NON CONFORMING USE CERTIFICATE, Hotel pool, remodeled, fully furnished and appointed. TURNKEY. Great Income stream,good reserves, pet friendly,unassigned covered parking,Guest parking,Heated Pool, wifi room, hospitality room with large screen tv,tennis courts,BBQ,Concierge front desk,Security,general store/grocery,full kitchen, MOUNTAIN VIEW, Other fee of $195.33 is for reserves. Zen like mountain view. Lowest priced FEE SIMPLE 1/1 in building with non conforming use certificate in the hotel pool. OPEN NOV 20th 2 to 5 pm
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 23, 2025.Information is deemed reliable but not guaranteed.
    • Sep 14, 2025 Listed at $649,000
    • Feb 23, 2024 Sold for $600,000
    • Jan 08, 2024 Under Contract
    • Nov 21, 2023 Listed at $610,000
    • Feb 09, 2017 Sold for $457,000
    • Dec 09, 2016 Under Contract
    • Sep 16, 2016 Price $460,000
    • Aug 29, 2016 Price $470,000
    • Jun 28, 2016 Listed at $485,000
    • 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
    $595,000
    Waikiki Sunset #910(NUC)
    1 Bd | 1 Ba
    534 ft²
    $615,000
    Waikiki Sunset #1003 (NUC)
    1 Bd | 1 Ba
    546 ft²
    $619,900
    Waikiki Sunset #2901(NUC)
    1 Bd | 1 Ba
    546 ft²
    Featured
    $629,000
    Waikiki Sunset #807
    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.
    Learn about property tax rates.