Hawaii Living

Waikiki Sunset #1705 (Waikiki)

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229 Paoakalani Ave #1705, Honolulu

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Call/Text George (808) 554-1635 or use contact form.
We are expert real estate agents and have sold many condos in Waikiki Sunset. We would be happy to assist you too.
Description
Do you want to own a unit in Waikiki that allows legal short-term rentals?! Come take a look at this amazing and desirable Waikiki Sunset Unit! It has 1 bedroom, 1 bathroom, assigned parking, and an amazing mountain view. The building offers amenities such as a bbq area, community laundry, pool, outdoor grass area, recreation room, exercise room, front desk service, parking structure, and much more! This home is perfect for any investors looking to grow their portfolio or for someone to use as a vacation home. This condo-hotel is within close proximity to the beach, golf course, Kapiolani Park, Diamond Head, and everything popular about Waikiki! If you love Waikiki then this property is for you! Call your agent to schedule a showing before it is too late!
Recent Activity
  • Jan 09, 2025 Listed at $690,000
Past Sales
  • #1409: 1 Bd | 1 Ba @ $653K (12/11/24)
  • #3609: 1 Bd | 1 Ba @ $660K (12/6/24)
  • #2310: 1 Bd | 1 Ba @ $155K (11/15/24)
  • #2009: 1 Bd | 1 Ba @ $663K (11/15/24)
  • #1912: 1 Bd | 1 Ba @ $680K (10/30/24)
  • #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)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.07
  • Price / ft²: $1,264
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Mountain
  • Furnished: Negotiable
  • Property Condition: Above Average,Average
  • Owner Occupancy: 10%
  • Management Company: Hawaiiana
  • Amenities: BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Trash Chute
  • TMK: 1-2-6-28-11-139
  • Tax Assessed Land: $83,500
  • Tax Assessed Improvements: $552,600
  • Tax Assessed Total: $636,100
  • Courtesy: Locations LLC / (808) 735-4200
  • MLS: 202501611
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 January 09, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
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$899,000
Waikiki Sunset #2204
1 Bd | 1 Ba
564 ft²
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$998,000
Waikiki Sunset #1114
2 Bds | 1 Ba
604 ft²
Other Condotels
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$720,000
Pacific Monarch #1607
1 Bd | 1 Ba
443 ft²
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$725,000
Waikiki Banyan #1605-I
1 Bd | 1 Ba
533 ft²
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$730,000
Ilikai Marina #288
1 Bd | 1 Ba
651 ft²
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$620,000
Hawaiian Monarch #3806
1 Bd | 2 Ba
532 ft²
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$598,000
Regency On Beachwalk #55
1 Bd | 1 Ba
494 ft²
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$650,000
Waikiki Grand Hotel #609
Studio | 1 Ba
255 ft²
  • Asking Price: $690,000
Description
Do you want to own a unit in Waikiki that allows legal short-term rentals?! Come take a look at this amazing and desirable Waikiki Sunset Unit! It has 1 bedroom, 1 bathroom, assigned parking, and an amazing mountain view. The building offers amenities such as a bbq area, community laundry, pool, outdoor grass area, recreation room, exercise room, front desk service, parking structure, and much more! This home is perfect for any investors looking to grow their portfolio or for someone to use as a vacation home. This condo-hotel is within close proximity to the beach, golf course, Kapiolani Park, Diamond Head, and everything popular about Waikiki! If you love Waikiki then this property is for you! Call your agent to schedule a showing before it is too late!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 09, 2025.Information is deemed reliable but not guaranteed.
    • Jan 09, 2025 Listed at $690,000
    • 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
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    $899,000
    Waikiki Sunset #2204
    1 Bd | 1 Ba
    564 ft²
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    $998,000
    Waikiki Sunset #1114
    2 Bds | 1 Ba
    604 ft²
    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 about property tax rates.