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  Waikiki Sunset Quick Facts:
Year Built: 1979 Units: 435
Stories: 37 Elevators: 4
Amenities:  Swimming pool, barbeque grill, sauna, and Tennis Court are above parking garage on 6th level.

Maint. Fee Range:  $1.38/sf

Waikiki Sunset

229 Paoakalani Ave
Waikiki - East
$672,000 - $672,000
Fee Simple and Leasehold

1 Bedroom Available Listings
$672,000 Fee Simple - Waikiki Sunset, Unit #: 1409

Building Analysis - Waikiki Sunset:
Waikiki Sunset is located on a quieter side street. A walk to the beach is only 1-½ blocks. The condominiums are largely rented out through Aston’s Hotel program, which yields a market driven income and is advertised by Aston as a family hotel. Owners are free to manage units themself or hire a 3rd party property manager.

Air conditioning is central. Security features include hotel staff and private guards.

While most units have recently converted to Fee Simple, there primary 2 land owners in the building, Liliu'okalani trust and St Francis Hospital. The lease expires in 2036 for the leasehold units.

Waikiki Sunset was originally zoned has a hotel but has since been rezoned as a residential building. As a result, only owners that have maintained a non conforming use certificate to allow for overnight rentals may legally rent their units out for less than one month, Honolulu's Department of Planning and Permitting maintains a list of Non Conforming Use Certificates here:
http://www.honoluludpp.org/Portals/0/pdfs/HotIssues/NUCreport.pdf



Lender Statistics - Waikiki Sunset

Management Co:  Hawaiiana 593-9100
Owner Occupancy: 20%
Condo Type: Condotel

Typical Loan Options and Down Payment Requirements:

Lodging unit/Condotel:  100% down - Lenders are currently not lending on studios without a full kitchen (hotel rooms)

Condotel unit with Full Kitchen:  30% down with minimum credit score of 680

Waikiki Sunset - Additional Information



High School:   McKinley Middle School:   Washington Elem. School:   Jefferson

House rules: not available
Pet Allowed:   Pet Notes: Yes, approval required

For Investors: 1 day rental minimum




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Waikiki - East condo map

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Condominium Configurations - Waikiki Sunset

Bedrooms:   1

Baths:   1

Square Feet:   601 - 631 SF

Lanai:   yes 

Qty:   366 

Comments:   This standard configuration is a comfortable suite. Found in units: 01, 02, 03, 04, 05, 06, 07, 08, 09, 10, 11, 12


Bedrooms:   2

Baths:   1

Square Feet:   660 SF

Lanai:   yes 

Qty:   62 

Comments:   Corner End unit has sunset views and two small bedrooms. Found in units: 13, 14


Bedrooms:   2 - Penthouse Suite

Baths:   2

Square Feet:   1,209 - 1,308 SF

Lanai:   No 

Qty:   7 

Comments:   Penthouses are on floor 38 and are twice the size os a standard unit.


The above active listings are based on information from the Multiple Listing Service of the Hicentral MLS, Ltd. Active listings last updated on 10/9/2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Hicentral MLS, Ltd. more.