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SOLD
MLS: 202509575
Condo: Waikiki Sunset #912
 
Asking Price: $570,000 FS - Fee Simple
Sold Price: $572,500
Sold Date: 06/20/2025
Type: Condominium
District: Metro
Address: 229 Paoakalani Avenue, Honolulu, HI
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 534 SF

View: Diamond Head,Ocean
Parking: Covered - 1,Garage,Guest,Secured Entry,Unassigned
Amenities: BBQ,Community Laundry,Concierge,Exercise Room,Fire Sprinkler,Heated Pool,Patio/Deck,Pool on Property
Days on Market: 368
(The Price of the property was lowered by $45,000 on 04/28/2025)
Year Built: 1979
Zoning: X2 - Apartment Precinct
Land Recorded: Dual Systems
Property Taxes: $183
Assessed Value: $625,000,.00
Assessed Ratio: 91.2%
Listing Courtesy: Locations LLC
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Motivated Seller drastically reduced the price for $35,000! Now asking only for $570,000. Renovate the unit the way you like with this saved money. Sprinkler system has been installed and the Central AC fan coil replacement work was just done as the Association's project. It has a large Diamond Head view over the Kapiolani Park. It's been the seller's beloved home for many years. Never rented. However, the units in Waikiki Sunset are legally allowed to operate as a Short Term Rental (STR) unit with a NUC. So, you have multiple choices - used it as a STR, or a long term rental, or your own residence. It comes with one unassigned parking stall and the laundry room on each floor. Mini Mart conveniently located on the 5th floor for daily needs and some souvenirs. All amenities - Pool, BBQ, Exercise Room, the air-conditioned lounge - are on the 6th floor. Very close vicinity to beautiful Waikiki beach, Kapiolani Park, Diamond Head, Honolulu Zoo and Waikiki Aquarium and all the nice restaurants and shops that Waikiki offers are right there. Selling in current "as is" condition and priced accordingly.


 
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