Hawaii Living

Waikiki Sunset #2009 (Waikiki)

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Photo 1 of 229 Paoakalani Ave #2009, Honolulu

229 Paoakalani Ave #2009, Honolulu

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Description
Great investment property. Unit is in Aston rental program that generates high occupancy and good rental income. Facing cool side of building and fully furnished unit. Remodeled in 2009 and another upgrading is planned this year. Owner's locker in the unit to store the personal belongings during rental. Convenient location, close to beach and Kapiolani Park.
Past Activity
  • Nov 15, 2024 Sold for $663,000
  • Sep 25, 2024 Under Contract
  • Sep 09, 2024 Listed at $678,000
  • Jan 26, 2020 Off Market
  • Nov 11, 2019 Listed at $508,000
  • Nov 10, 2019 Off Market
  • Sep 09, 2019 Listed at $508,000
  • May 04, 2018 Sold for $530,000
  • Apr 03, 2018 Under Contract
  • Apr 02, 2018 Price $529,000
  • Feb 13, 2018 Listed at $540,000
  • Jul 01, 2016 Sold for $390,000
  • May 23, 2016 Under Contract
  • May 17, 2016 Back to Active
  • Mar 23, 2016 Under Contract
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.20
  • Price / ft²: $971
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2009
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Golf Course, Marina/Canal, Mountain
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 19%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Meeting Room, Pool on Property, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute
  • TMK: 1-2-6-28-11-185
  • Tax Assessed Land: $53,900
  • Tax Assessed Improvements: $338,800
  • Tax Assessed Total: $392,700
  • Courtesy: Map Vision Inc.
  • MLS: 201804019
About Waikiki Sunset
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
     
  • Built: 1979, 38 Floors, 435 Units, 1 & 2BR, Pets: OK (verify).
     
  • Amenities: Pool, Gym, Sauna, BBQ.
     
  • Short-term Vacation Renting: Allowed.

Note: A special assessment of $253/mo to $295/mo for the 1-bedroom units and $582 to $660/mo for the 2-bedroom units ends in December 2028, or it can be paid off in full before then. This is for the 2025 completed AC fan coil replacement project.

Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including unit

  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 27, 2026.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
$599,000
Waikiki Sunset #2901(NUC)
1 Bd | 1 Ba
546 ft²
$603,000
Waikiki Sunset #603 (NUC)
1 Bd | 1 Ba
546 ft²
$606,000
Waikiki Sunset #1003 (NUC)
1 Bd | 1 Ba
546 ft²
$615,000
Waikiki Sunset #3003 (NUC)
1 Bd | 1 Ba
546 ft²
Other Condotels
$525,000
Island Colony #720
1 Bd | 1 Ba
570 ft²
$595,000
Waikiki Banyan #903-Mauka
1 Bd | 1 Ba
582 ft²
$451,800
Kalakauan #503
1 Bd | 1 Ba
437 ft²
$525,000
Pacific Monarch #804
Studio | 1 Ba
352 ft²
$538,000
Marine Surf Waikiki #508
Studio | 1 Ba
392 ft²
$500,000
Waikiki Grand Hotel #518
Studio | 1 Ba
363 ft²
  • Sold 5/4/18 at $530,000
    (List Price: $529,000)
Description
Great investment property. Unit is in Aston rental program that generates high occupancy and good rental income. Facing cool side of building and fully furnished unit. Remodeled in 2009 and another upgrading is planned this year. Owner's locker in the unit to store the personal belongings during rental. Convenient location, close to beach and Kapiolani Park.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 27, 2026.Information is deemed reliable but not guaranteed.
    • Nov 15, 2024 Sold for $663,000
    • Sep 25, 2024 Under Contract
    • Sep 09, 2024 Listed at $678,000
    • Jan 26, 2020 Off Market
    • Nov 11, 2019 Listed at $508,000
    • Nov 10, 2019 Off Market
    • Sep 09, 2019 Listed at $508,000
    • May 04, 2018 Sold for $530,000
    • Apr 03, 2018 Under Contract
    • Apr 02, 2018 Price $529,000
    • Feb 13, 2018 Listed at $540,000
    • Jul 01, 2016 Sold for $390,000
    • May 23, 2016 Under Contract
    • May 17, 2016 Back to Active
    • Mar 23, 2016 Under Contract
    • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
       
    • Built: 1979, 38 Floors, 435 Units, 1 & 2BR, Pets: OK (verify).
       
    • Amenities: Pool, Gym, Sauna, BBQ.
       
    • Short-term Vacation Renting: Allowed.

    Note: A special assessment of $253/mo to $295/mo for the 1-bedroom units and $582 to $660/mo for the 2-bedroom units ends in December 2028, or it can be paid off in full before then. This is for the 2025 completed AC fan coil replacement project.

    Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including unit

      ... Read more
    Other Waikiki Sunset Listings
    $599,000
    Waikiki Sunset #2901(NUC)
    1 Bd | 1 Ba
    546 ft²
    $603,000
    Waikiki Sunset #603 (NUC)
    1 Bd | 1 Ba
    546 ft²
    $606,000
    Waikiki Sunset #1003 (NUC)
    1 Bd | 1 Ba
    546 ft²
    $615,000
    Waikiki Sunset #3003 (NUC)
    1 Bd | 1 Ba
    546 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. The sale may be 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.