Hawaii Living

Waikiki Sunset #1408 (Waikiki)

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  • Sold 11/22/23 at $170,000
    (List Price: $230,000)
  • Beds: 1
  • Baths: 1
  • Living: 534 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 04/01/36
  • Lease Rent: $ 161 / month
  • Balcony: 67 ft²
  • Built: 1979
  • Parking: 1
  • Maint. (HOA) Fees: $765 / month
  • Property Taxes: $172 / month ?
  • Est. Mortgage: $1,133 / mo - adjust loan
  • Time Listed for Sale: 25 days
  • Status Sold
  • Buy without visiting ?
  • All Waikiki Sunset condos for sale »
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229 Paoakalani Ave #1408, Honolulu

Description
Well maintained and fully furnished unit one bedroom and on bath with unassigned parking. This unit comes with NUC which allows legal short-term rentals. Close to Waikiki Beach, restaurants, shops and more. Great amenities like pool, gym and other amenities. Laundry is conveniently located floor on each. Lease will expire in April of 2036. Fee Simple interest is not available. Please see the supplemental file for future lease rent increase. (Do your own due diligence.) Income statement is available upon request.
Past Activity
  • Nov 22, 2023 Sold for $170,000
  • Nov 08, 2023 Under Contract
  • Oct 14, 2023 Listed at $230,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.43
  • Price / ft²: $318
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Diamond Head, Mountain, Ocean
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Key, Keyed Elevator, Security Patrol
  • Amenities: BBQ, Club House, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute
  • TMK: 1-2-6-28-11-100
  • Tax Assessed Land: $79,100
  • Tax Assessed Improvements: $484,400
  • Tax Assessed Total: $563,500
  • Courtesy: RE/MAX ALOHA HOMES / (808) 393-9966
  • MLS: 202322556
About Waikiki Sunset
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
     
  • Built: 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
     
  • Amenities: Heated Pool, Sauna, BBQ Area, Convenience Store.
     
  • Fun Fact: All units conveyed with 1 unassigned parking stall (rare for Waikiki condo hotels).

Note: For 48 months, from 1/2025 to 12/2028, each Waikiki Sunset condo unit is being assessed an additional $253/mo to $295/mo for the one-bedroom units and $582 to $660/mo for the two-bedroom units to pay for the AC fan coil replacement project. The wo  ..... Read more.



The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 21, 2025.Information is deemed reliable but not guaranteed.
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$629,000
Waikiki Sunset #803
1 Bd | 1 Ba
546 ft²
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$659,000
Waikiki Sunset #905
1 Bd | 1 Ba
546 ft²
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Waikiki Sunset #1111
1 Bd | 1 Ba
546 ft²
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$670,000
Waikiki Sunset #3409
1 Bd | 1 Ba
546 ft²
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Ala Moana Hotel Condo #1214
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Hawaiian Monarch #806
Studio | 1 Ba
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Featured
$299,000
Aloha Surf Hotel #205
Studio | 1 Ba
175 ft²
  • Sold 11/22/23 at $170,000
    (List Price: $230,000)
Description
Well maintained and fully furnished unit one bedroom and on bath with unassigned parking. This unit comes with NUC which allows legal short-term rentals. Close to Waikiki Beach, restaurants, shops and more. Great amenities like pool, gym and other amenities. Laundry is conveniently located floor on each. Lease will expire in April of 2036. Fee Simple interest is not available. Please see the supplemental file for future lease rent increase. (Do your own due diligence.) Income statement is available upon request.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 21, 2025.Information is deemed reliable but not guaranteed.
    • Nov 22, 2023 Sold for $170,000
    • Nov 08, 2023 Under Contract
    • Oct 14, 2023 Listed at $230,000
    • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
       
    • Built: 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
       
    • Amenities: Heated Pool, Sauna, BBQ Area, Convenience Store.
       
    • Fun Fact: All units conveyed with 1 unassigned parking stall (rare for Waikiki condo hotels).

    Note: For 48 months, from 1/2025 to 12/2028, each Waikiki Sunset condo unit is being assessed an additional $253/mo to $295/mo for the one-bedroom units and $582 to $660/mo for the two-bedroom units to pay for the AC fan coil replacement project. The wo  ..... Read more.



    Other Waikiki Sunset Listings
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    $629,000
    Waikiki Sunset #803
    1 Bd | 1 Ba
    546 ft²
    • Photo
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    • Photo
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    $659,000
    Waikiki Sunset #905
    1 Bd | 1 Ba
    546 ft²
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    $660,000
    Waikiki Sunset #1111
    1 Bd | 1 Ba
    546 ft²
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    $670,000
    Waikiki Sunset #3409
    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.
    Leasehold Expiry: 04/01/36
    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.