$725,000

229 Paoakalani Ave Unit 1501 Honolulu, HI 96815

Waikiki Neighborhood

Estimated payment $4,719/month

Total Views 1,071
1 Bed
1 Bath
546 Sq Ft
$1,328 Price per Sq Ft

Highlights

  • Fitness Center
  • 49,963 Sq Ft lot
  • Meeting Room
  • City View
  • Community Pool
  • Security Guard

About This Home

Legal Short Term Vacation Rental in Waikiki! Fully furnished 1 bedroom, 1 bathroom and 1 parking unit with stunning views of the mountains and city. *Some of photos are virtually staged. The actual furniture conforms to the standards required for hotel pool. Seller shall provide the imaged furniture at the seller's expense if the buyer will be willing to operate the unit as privately operated vacation rental. It will be the buyer's choice.Just minutes from Waikiki Beach, Kapiolani Park, aquarium, Honolulu Zoo, Diamond Head, shopping, restaurants, and bus lines. Don't want to go anywhere, No Problem when you have a pool, gym, BBQ area, rec. space, hospitality lounge, conference room, mini mart, and much more with 24-hour security. . Maintenance fee includes electricity, central AC, water, sewer, hot water, and basic cable. Note: Special assessment of $263.58 for fan coil project runs 01/2025-12/2028.Don’t miss out on this exceptional opportunity to own a piece of paradise. Perfect for vacationers and investors alike.

Listing Agent

Yuko Furukawa

YourTurn Inc License #RS-84810 Listed on: 06/16/2025

Co-Listing Agent

kumiko atsumi

YourTurn Inc License #RS-86277

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,822

Year Built

  • Built in 1979

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Condo Hotel

Interior Spaces

  • 546 Sq Ft Home
  • Furniture Can Be Negotiated
  • Vinyl Flooring
  • City Views
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking
  • Unassigned Parking

Utilities

  • Central Air

Listing and Financial Details

  • Exclusions: Refrigerator
  • Assessor Parcel Number 1-2-6-028-011-0107

Community Details

Overview

  • Association fees include cable TV, electricity, HVAC, hot water, sewer, water
  • Waikiki Sunset Condos
  • Waikiki Subdivision

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Recreational Area

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,822

Year Built

Built in 1979

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Waikiki Sunset
  • Co List Office Mls Id: NOEL
  • Inclusions: AC Central,Cable TV,Disposal,Microwave,Range/Oven,Refrigerator,Security System,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • CommunityFeatures: Barbecue, Community Pool, Conference/Meeting Room, Fitness, Laundry Facilities, Pool, Recreation Area, Condo Hotel Community
  • SecurityFeatures: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Security Guard
  • Co List Office Phone: (808) 286-8900
  • MLS Status: Active
  • Subdivision Name: WAIKIKI
  • Entry Level: 15
  • Living Area: 546.0
  • New Construction: No
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Furnished: Negotiable
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition
  • View: City, Mountain(s)
  • View: Yes
  • Disclosures: None
  • Exclusions: Refrigerator

Garage/Parking

  • Parking Features: Covered, One Space, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association #2 Fee: 264.0

Fee Information

  • Association Fee Includes: Cable TV, Electricity, HVAC, Hot Water, Sewer, Water

Lot Info

  • Parcel Number: 1-2-6-028-011-0107
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 886.8

Tax Info

  • Tax Annual Amount: 5822.04

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,822 $614,300 $80,600 $533,700
2024 $5,822 $635,000 $85,100 $549,900
2023 $1,675 $478,600 $82,400 $396,200
2022 $1,763 $503,600 $80,600 $423,000
2021 $1,732 $494,800 $80,600 $414,200
2020 $1,843 $526,600 $98,700 $427,900
2019 $1,830 $522,900 $82,300 $440,600
2018 $1,645 $470,000 $71,300 $398,700
2017 $1,325 $378,500 $54,800 $323,700
2016 $1,460 $417,000 $45,000 $372,000
2015 $1,525 $435,700 $38,400 $397,300
2014 $1,077 $400,300 $30,200 $370,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $725,000 +11.5% $1,328 / Sq Ft
05/09/2025 05/09/25 Sold $650,000 -2.7% $1,190 / Sq Ft
01/28/2025 01/28/25 For Sale $668,000 0.0% $1,223 / Sq Ft
05/25/2022 05/25/22 Off Market $2,000 -- --
05/24/2022 05/24/22 Rented $2,000 0.0% --
05/11/2022 05/11/22 For Rent $2,000 0.0% --
10/02/2019 10/02/19 Rented $2,000 0.0% --
10/02/2019 10/02/19 For Rent $2,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- Fntic
Deed -- Fidelity National Title
Limited Warranty Deed $83,333 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 New Conventional
Closed $455,000 New Conventional
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202513641

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-028-011-0107