Hawaii Living

Waikiki Sunset #1409 (Waikiki)

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229 Paoakalani Ave #1409, Honolulu

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Description
LEGAL SHORT TERM VACATION RENTAL UNIT IN WAIKIKI . 1bedroom 1 bath cooler mountain side of building comes with covered parking space. Just a short walk to the world-famous Waikiki Beach, Kapiolani Park, Honolulu Zoo, and a variety of restaurants and shops. Fully furnished and equipment ready for move in or rent out. You can use vacation home while in Hawaii and other time rent out. Great investment property . Central AC coil replacement scheduled Nov 15-29th 2024 .
Recent Activity
  • Sep 20, 2024 Listed at $672,000
Past Sales
  • #2108: 1 Bd | 1 Ba @ $170K (8/30/24)
  • #1006: 1 Bd | 1 Ba @ $650K (7/29/24)
  • #709: 1 Bd | 1 Ba @ $615K (7/15/24)
  • #1012: 1 Bd | 1 Ba @ $650K (4/15/24)
  • #2305: 1 Bd | 1 Ba @ $625K (4/2/24)
  • #1612: 1 Bd | 1 Ba @ $688K (3/21/24)
  • #1613: 2 Bds | 1 Ba @ $935K (3/18/24)
  • #2712: 1 Bd | 1 Ba @ $855K (3/8/24)
  • #3308: 1 Bd | 1 Ba @ $780K (2/28/24)
  • #1405: 1 Bd | 1 Ba @ $600K (2/23/24)
  • #2601: 1 Bd | 1 Ba @ $600K (2/8/24)
  • #2506: 1 Bd | 1 Ba @ $660K (2/5/24)
  • #3112: 1 Bd | 1.5 Ba @ $695K (1/31/24)
  • #2514: 2 Bds | 1 Ba @ $935K (1/10/24)
  • #710: 1 Bd | 1 Ba @ $610K (1/4/24)
  • #1401: 1 Bd | 1 Ba @ $585K (12/18/23)
  • #2005: 1 Bd | 1 Ba @ $615K (11/22/23)
  • #1408: 1 Bd | 1 Ba @ $170K (11/22/23)
  • #1711: 1 Bd | 1 Ba @ $630K (10/10/23)
  • #2204: 1 Bd | 1 Ba @ $640K (9/8/23)
  • #1011: 1 Bd | 1 Ba @ $585K (8/31/23)
  • #1712: 1 Bd | 1 Ba @ $635K (8/11/23)
  • #1202: 1 Bd | 1 Ba @ $625K (6/30/23)
  • #2611: 1 Bd | 1 Ba @ $620K (6/2/23)
  • #1402: 1 Bd | 1 Ba @ $645K (6/2/23)
  • #1503: 1 Bd | 1 Ba @ $615K (5/18/23)
  • #1513: 2 Bds | 1 Ba @ $830K (5/8/23)
  • #3504: 1 Bd | 1 Ba @ $220K (4/4/23)
  • #2404: 1 Bd | 1 Ba @ $650K (3/24/23)
  • #1007: 1 Bd | 1 Ba @ $590K (3/13/23)
  • #1810: 1 Bd | 1 Ba @ $203K (2/21/23)
  • #3703: 1 Bd | 1 Ba @ $645K (2/15/23)
  • #1105: 1 Bd | 1 Ba @ $583K (2/1/23)
  • #1009: 1 Bd | 1 Ba @ $610K (1/27/23)
  • #3204: 1 Bd | 1 Ba @ $715K (12/14/22)
  • #902: 1 Bd | 1 Ba @ $620K (10/28/22)
  • #1902: 1 Bd | 1 Ba @ $675K (10/28/22)
  • #604: 1 Bd | 1 Ba @ $640K (10/27/22)
  • #705: 1 Bd | 1 Ba @ $150K (10/17/22)
  • #1201: 1 Bd | 1 Ba @ $489K (9/14/22)
  • #3203: 1 Bd | 1 Ba @ $540K (8/11/22)
  • #3405: 1 Bd | 1 Ba @ $560K (8/10/22)
  • #2203: 1 Bd | 1 Ba @ $578K (7/14/22)
  • #2808: 1 Bd | 1 Ba @ $665K (7/8/22)
  • #2308: 1 Bd | 1 Ba @ $530K (6/6/22)
  • #3106: 1 Bd | 1 Ba @ $670K (6/2/22)
  • #908: 1 Bd | 1 Ba @ $405K (5/27/22)
  • #906: 1 Bd | 1 Ba @ $420K (5/24/22)
  • #3211: 1 Bd | 1 Ba @ $580K (5/20/22)
  • #3508: 1 Bd | 1 Ba @ $663K (5/20/22)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.52
  • Price / ft²: $1,231
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Electricity, Hot Water, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Kaimuki
  • High School: Kaimuki
  • View: City, Golf Course, Marina/Canal
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Recreation Area, Recreation Room, Trash Chute
  • TMK: 1-2-6-28-11-101
  • Tax Assessed Land: $83,500
  • Tax Assessed Improvements: $551,000
  • Tax Assessed Total: $634,500
  • Courtesy: House Plus LLC / (808) 953-4703
  • MLS: 202421565
Ask George a Question
Good to Know
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
     
  • Built: 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
     
  • Amenities: Heated Pool, Sauna, BBQ Area, Convenience Store.
     
  • Fun Fact: All units conveyed with 1 unassigned parking stall (rare for Waikiki condo hotels).

Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including units without a NUC (owners must register their unit for short-term renting - see here).

Most units are 1 bedroom with the bedroom having a door and wall  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 20, 2024.Information is deemed reliable but not guaranteed.
  • Asking Price: $672,000
Description
LEGAL SHORT TERM VACATION RENTAL UNIT IN WAIKIKI . 1bedroom 1 bath cooler mountain side of building comes with covered parking space. Just a short walk to the world-famous Waikiki Beach, Kapiolani Park, Honolulu Zoo, and a variety of restaurants and shops. Fully furnished and equipment ready for move in or rent out. You can use vacation home while in Hawaii and other time rent out. Great investment property . Central AC coil replacement scheduled Nov 15-29th 2024 .
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 20, 2024.Information is deemed reliable but not guaranteed.
    • Sep 20, 2024 Listed at $672,000
    • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
       
    • Built: 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
       
    • Amenities: Heated Pool, Sauna, BBQ Area, Convenience Store.
       
    • Fun Fact: All units conveyed with 1 unassigned parking stall (rare for Waikiki condo hotels).

    Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including units without a NUC (owners must register their unit for short-term renting - see here).

    Most units are 1 bedroom with the bedroom having a door and wall  .....
    Read more.


    Other Waikiki Sunset Listings
    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.