Hawaii Living

Waikiki Sunset #3509 (Waikiki)

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229 Paoakalani Ave #3509, Honolulu

This property was sold April 29, 2022 for $580,000
Description
High floor unit with beautiful ocean views. Convenient location in Waikiki, close to the beach, park, zoo, shops and restaurants. Unit has a Non-conforming Use Certificate (NUC) and currently in the Aston Hotel rental program. There is a Special Assessment fee of $350/mo for 10 months which began in August 2021 for the drain pipe replacement project.
Past Activity
  • Apr 29, 2022 Sold for $580,000
  • Apr 13, 2022 In Escrow
  • Mar 31, 2022 Back to Active
  • Mar 23, 2022 In Escrow
  • Feb 02, 2022 Price $580,000
  • Feb 02, 2022 Listed at $575,000
  • Dec 13, 2021 Sold for $565,000
  • Oct 21, 2021 In Escrow
  • Oct 07, 2021 Price $575,000
  • Oct 01, 2021 Price $565,000
  • Sep 16, 2021 Price $563,000
  • Sep 16, 2021 Back to Active
  • Sep 13, 2021 In Escrow
  • Sep 07, 2021 Listed at $578,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $2.03
  • Price / Interior Sf: $1,062
  • HOA Fees Include: AC Central, Electricity, Hot Water, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • View: City, Diamond Head, Mountain
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Fire Sprinkler, Patio/Deck, Pool on Property, Sauna, Security Guard, Tennis Court, Trash Chute
  • TMK: 1-2-6-28-11-395
  • Tax Assessed Land: $79,100
  • Tax Assessed Improvements: $447,000
  • Tax Assessed Total: $526,100
  • Courtesy: Kato & Associates, Inc.
  • MLS: 202202150
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
High floor unit with beautiful ocean views. Convenient location in Waikiki, close to the beach, park, zoo, shops and restaurants. Unit has a Non-conforming Use Certificate (NUC) and currently in the Aston Hotel rental program. There is a Special Assessment fee of $350/mo for 10 months which began in August 2021 for the drain pipe replacement project.
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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