Hawaii Living

Waikiki Sunset #2310 (NUC) (Waikiki)

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  • Sold 3/8/22 at $207,500
    (List Price: $195,000)
  • Beds: 1
  • Baths: 1
  • Living: 534 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 04/14/36
  • Lease Rent: $ 165 / month
  • Fee Purchase: Not available
  • Balcony: 67 ft²
  • Built: 1979
  • Parking: 1
  • Maint. (HOA) Fees: $760 / month
  • Other Monthly Fee: $350 / month ?
  • Property Taxes: $151 / month ?
  • Est. Mortgage: $986 / mo - adjust loan
  • Time Listed for Sale: 50 days
  • Status: Sold
  • Buy without visiting ?
  • All Waikiki Sunset condos for sale »
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229 Paoakalani Ave #2310 (NUC), Honolulu

Email Info@HawaiiLiving.com or use below contact form.
Description
LEGAL VACATION RENTAL at Waikiki Sunset. Rare opportunity to own a Non-Conforming Use Certificate (NUC) to allow daily vacation rentals as an investor, 2nd home in lovely Hawaii, or your new home in paradise. Quality features include popcorn ceiling removal, sprinklers, furnishings for a turn-key option, open lanai, full kitchen, and 1 parking stall. Waikiki Sunset is a secure high-rise building allowing pets, and short distances to surf spots, beaches, parks, shops, restaurants, and the essentials of resort living in Waikiki. LEASEHOLD expires in April of 2036 and monthly maintenance fees include Cable TV, Central Air, Electricity, Internet, (Hot) Water, Sewer, and Common Area Expenses.
Past Activity
  • Nov 15, 2024 Sold for $155,000
  • Nov 04, 2024 Under Contract
  • Oct 18, 2024 Listed at $160,000
  • Mar 08, 2022 Sold for $207,500
  • Feb 11, 2022 Under Contract
  • Jan 21, 2022 Back to Active
  • Dec 28, 2021 Under Contract
  • Nov 29, 2021 Listed at $195,000
  • Jan 22, 2019 Sold for $183,000
  • Jan 17, 2019 Under Contract
  • Jan 17, 2019 Listed at $183,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.08
  • Price / ft²: $389
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2020
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Diamond Head, Ocean
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 4%
  • Management Company: Hawaiina
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Patio/Deck, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-228
  • Tax Assessed Land: $77,300
  • Tax Assessed Improvements: $419,100
  • Tax Assessed Total: $496,400
  • Courtesy: Coldwell Banker Realty
  • MLS: 202129698
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 November 21, 2024.Information is deemed reliable but not guaranteed.
Description
LEGAL VACATION RENTAL at Waikiki Sunset. Rare opportunity to own a Non-Conforming Use Certificate (NUC) to allow daily vacation rentals as an investor, 2nd home in lovely Hawaii, or your new home in paradise. Quality features include popcorn ceiling removal, sprinklers, furnishings for a turn-key option, open lanai, full kitchen, and 1 parking stall. Waikiki Sunset is a secure high-rise building allowing pets, and short distances to surf spots, beaches, parks, shops, restaurants, and the essentials of resort living in Waikiki. LEASEHOLD expires in April of 2036 and monthly maintenance fees include Cable TV, Central Air, Electricity, Internet, (Hot) Water, Sewer, and Common Area Expenses.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
  • 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.


 
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.
Leasehold Expiry: 04/14/36
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.