Hawaii Living

Waikiki Sunset #2203 (Waikiki)

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229 Paoakalani Ave #2203, Honolulu

This property was sold July 14, 2022 for $578,000
Description
Great opportunity to own a vacation rental in Waikiki! Beautiful and spacious fully furnished one bedroom, one bath on 22nd floor offering a beautiful city lights, mountain, and golf course views. The unit features central AC, full kitchen, fire sprinkler system, floor-to-ceiling windows & more! The condo was fully renovated and furnished upgraded in 2009 and 2018. Maintenance fee includes all utilities. Waikiki Sunset is a desirable condo-hotel with a fabulous resort amenities, conveniently located in short distances to the Waikiki beach, Ala Wai golf course, Zoo, various restaurants and stores, Kapiolani Park, Diamond Head and to the essentials of the world's famous resort Waikiki destination.
Past Activity
  • Jul 15, 2022 Sold for $578,000
  • Jun 14, 2022 In Escrow
  • Jun 08, 2022 Price $578,000
  • Jun 07, 2022 Listed at $580,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.39
  • Price / Interior Sf: $1,059
  • HOA Fees Include: AC Central, Cable TV, Electricity, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2018
  • Zoning: AM - Apartment Mixed Use
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Diamond Head, Golf Course, Marina/Canal, Mountain
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Meeting Room, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Tennis Court
  • TMK: 1-2-6-28-11-207
  • Tax Assessed Land: $79,100
  • Tax Assessed Improvements: $424,500
  • Tax Assessed Total: $503,600
  • Courtesy: Koyo Realty, Inc.
  • MLS: 202210740
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 29, 2022. Information is deemed reliable but not guaranteed.
About Waikiki Sunset
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
  • Built in 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
  • Amenities include Heated Pool, Lighted Tennis Court, Sauna, BBQ Area, Convenience Store.
  • Free Beach Ball for the kids when they check in and every room has a Playstation (fee required)!
  • Many, but not all units allow for short-term vacation rentals - learn more here.

News
As per Bill 41 (CO 22-07), all Waikiki Sunset and Waikiki Banyan units are now legal STRs, even the ones that don’t have a NUC.

About Waikiki Sunset
Condotels like the Waikiki Sunset condo have become more and more popular with Hawaii vacationers, due to the kitchen facilities that give them meal independence, much of the same hotel services, but often at a lower price. This attractiveness has made them equally popular with real estate investors because they can possibly produce a good, steady income.

The Waikiki Sunset condo sits on the Diam  ....click here to read more
Description
Great opportunity to own a vacation rental in Waikiki! Beautiful and spacious fully furnished one bedroom, one bath on 22nd floor offering a beautiful city lights, mountain, and golf course views. The unit features central AC, full kitchen, fire sprinkler system, floor-to-ceiling windows & more! The condo was fully renovated and furnished upgraded in 2009 and 2018. Maintenance fee includes all utilities. Waikiki Sunset is a desirable condo-hotel with a fabulous resort amenities, conveniently located in short distances to the Waikiki beach, Ala Wai golf course, Zoo, various restaurants and stores, Kapiolani Park, Diamond Head and to the essentials of the world's famous resort Waikiki destination.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 29, 2022. Information is deemed reliable but not guaranteed.
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
  • Built in 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
  • Amenities include Heated Pool, Lighted Tennis Court, Sauna, BBQ Area, Convenience Store.
  • Free Beach Ball for the kids when they check in and every room has a Playstation (fee required)!
  • Many, but not all units allow for short-term vacation rentals - learn more here.

News
As per Bill 41 (CO 22-07), all Waikiki Sunset and Waikiki Banyan units are now legal STRs, even the ones that don’t have a NUC.

About Waikiki Sunset
Condotels like the Waikiki Sunset condo have become more and more popular with Hawaii vacationers, due to the kitchen facilities that give them meal independence, much of the same hotel services, but often at a lower price. This attractiveness has made them equally popular with real estate investors because they can possibly produce a good, steady income.

The Waikiki Sunset condo sits on the Diam  ....click here to read more
 
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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
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