Hawaii Living

Waikiki Sunset #2708 (Waikiki)

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229 Paoakalani Ave #2708, Honolulu

This property was sold October 14, 2021 for $597,500
Description
Waikiki Sunset. Renowned Waikiki Beach, world class boutique shopping and extraordinary dining. Enjoy Kapiolani Park, Queen's Beach, Ala Wai Golf Course, Honolulu Zoo. Wake up to views of Diamond Head, Kapiolani Park and the waters off Waikiki. Enjoy the heated swimming pool, sauna, large newly surfaced recreation deck and outdoor barbecue area. A mini-mart is located on property. This unit has an Nonconforming Use Certificate (NUC) and is currently in the Aston Waikiki Sunset hotel rental program.
Past Activity
  • Oct 14, 2021 Sold for $597,500
  • Sep 20, 2021 In Escrow
  • Sep 16, 2021 Listed at $575,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $2.08
  • Price / Interior Sf: $1,077
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2011
  • Zoning: X2 - Apartment Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Diamond Head, Ocean
  • Owner Occupancy: 4%
  • Management Company: Hawaiiana
  • Security Features: Card, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Fire Sprinkler, Heated Pool, Meeting Room, Recreation Area, Sauna, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-28
  • Tax Assessed Land: $77,300
  • Tax Assessed Improvements: $422,500
  • Tax Assessed Total: $499,800
  • Courtesy: Margy Grosswendt RE Agency LLC
  • MLS: 202120192
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 22, 2021. 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.

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
Waikiki Sunset. Renowned Waikiki Beach, world class boutique shopping and extraordinary dining. Enjoy Kapiolani Park, Queen's Beach, Ala Wai Golf Course, Honolulu Zoo. Wake up to views of Diamond Head, Kapiolani Park and the waters off Waikiki. Enjoy the heated swimming pool, sauna, large newly surfaced recreation deck and outdoor barbecue area. A mini-mart is located on property. This unit has an Nonconforming Use Certificate (NUC) and is currently in the Aston Waikiki Sunset hotel rental program.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 22, 2021. 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.

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
 
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 more about Oahu property taxes here.