Waikiki Sunset #2408

(Waikiki)

1 / 4
229 Paoakalani Ave #2408, Honolulu
This property was sold November 26, 2018 for $360,000
  • 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.

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 Diamond Head side of Waikiki, in a generally quieter area of the district. Quiet doesn't mean remote, however. You can easily walk to the Honol  ....click here to read more
Description

Rarely available unit with Nonconforming Use Certificate - short term rentals ok. Fee available for $183,000 until November 27, 2018. Make an offer now to buy fee! Fantastic Diamond Head and ocean view unit! Great opportunity to own in the perfect Waikiki location - walking distance to beaches, Kapiolani Park, restaurants, shopping & bus lines. Amenities include BBQ, pool, sauna, tennis court, parking stall & more. This fully furnished unit is undergoing Aston Hotel renovations, which have been paid in full by the seller. Renovation to be completed by end of October 2018. Unit is in the Aston Hotel rental pool - great investment property! NOTE: Photos are stock photos, we do not have current photos of the unit because it is undergoing renovations.

Past Activity
  • Nov 26, 2018 Sold @ $360K
  • Oct 16, 2018 In Escrow
  • Oct 04, 2018 Listed @ $355K
More Details
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 13, 2018. Information is deemed reliable but not guaranteed.
229 Paoakalani Ave #2408 - listing courtesy Coldwell Banker Pacific Prop.
- We poured our heart into building this website for you! It took time, money, and effort. If you like it, consider working with us. We will not disappoint.
- We update our site every 7 minutes.
  • HOA Fees / Interior Sf: $1.23
  • Price / Interior Sf: $665
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Sewer, Water
  • Year Remodeled: 2018
  • Owner, Tax & Resale History: Click here
  • MLS: 201826768
  • Occupancy Type: Hotel Rental Pool
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Diamond Head, Ocean, Sunset
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Card
  • Amenities: BBQ, Community Laundry, Concierge, Patio/Deck, Pool, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute
  • Inclusions: AC Central, Disposal, Drapes, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector
  • TMK: 1-2-6-28-11-240
  • Tax Assessed Land: $68,400
  • Tax Assessed Improvements: $426,200
  • Tax Assessed Total: $494,600
  • Special Sales Terms: None
  • 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.

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 Diamond Head side of Waikiki, in a generally quieter area of the district. Quiet doesn't mean remote, however. You can easily walk to the Honol  ....click here to read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 13, 2018. Information is deemed reliable but not guaranteed.
229 Paoakalani Ave #2408 - listing courtesy Coldwell Banker Pacific Prop.
- We poured our heart into building this website for you! It took time, money, and effort. If you like it, consider working with us. We will not disappoint.
- We update our site every 7 minutes.
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: 04/14/36
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
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.
If an owner claims the home exemption - the owner's primary residence - the tax rate is 0.35% of total assessed value. If an owner cannot claim the home exemption - not the owner's primary residence - the tax rate is also 0.35% if total assessed value is below $1,000,000, but if the total assessed value is at or above $1,000,000 the tax rate is two tiered: 0.45% up to the first $1,000,000 in assessed value and 0.9% above $1,000,000 in assessed value. Learn more about Oahu property taxes here.
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