Hawaii Living

Waikiki Sunset #3013 (Waikiki)

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229 Paoakalani Ave #3013, Honolulu

This property was sold April 15, 2021 for $765,000
Description
Rarely available, high floor 2/1 unit in popular Waikiki Sunset. IMMEDIATE views of Diamond Head and this unit has a NON-CONFORMING USE CERTIFICATE allowing you to do daily rentals! This 2bedroom unit is in currently Aston Rental program with steady income history. Ideal corner end unit in preferred east side of Waikiki for a short walk to the Waikiki Beach, Kapiolani Park, restaurants, shopping & more. Seller has paid off for Aston Rental Program upgrades to unit in 2019. One unassigned parking stall. Amenities on property include pool, BBQ area, minimart, and gym and the building is pet-friendly with board approval. Property to be sold "AS IS".
Past Activity
  • Apr 15, 2021 Sold for $765,000
  • Jan 25, 2021 In Escrow
  • Apr 22, 2020 Listed at $795,000
  • Apr 22, 2014 Sold for $578,000
  • Mar 20, 2014 In Escrow
  • Mar 04, 2014 Listed at $578,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.41
  • Price / Interior Sf: $1,316
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • View: City, Coastline, Diamond Head, Golf Course, Mountain, Ocean, Sunrise
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Exercise Room, Pool on Property, Recreation Area, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-329
  • Tax Assessed Land: $110,600
  • Tax Assessed Improvements: $480,800
  • Tax Assessed Total: $591,400
  • Courtesy: Coldwell Banker Realty
  • MLS: 202008531
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
Rarely available, high floor 2/1 unit in popular Waikiki Sunset. IMMEDIATE views of Diamond Head and this unit has a NON-CONFORMING USE CERTIFICATE allowing you to do daily rentals! This 2bedroom unit is in currently Aston Rental program with steady income history. Ideal corner end unit in preferred east side of Waikiki for a short walk to the Waikiki Beach, Kapiolani Park, restaurants, shopping & more. Seller has paid off for Aston Rental Program upgrades to unit in 2019. One unassigned parking stall. Amenities on property include pool, BBQ area, minimart, and gym and the building is pet-friendly with board approval. Property to be sold "AS IS".
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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