| Description | Excellent investment opportunity in Waikiki! High-floor 1-bedroom, 1-bath unit at Waikiki Sunset with beautiful ocean and mountain views. This fully furnished unit features a spacious lanai and is located just a short distance from world-famous Waikiki Beach. The building is zoned for short-term rentals, making it ideal for vacation rental income or as a personal getaway with income potential. Resort-style amenities include a swimming pool, tennis court, BBQ area, fitness center, and 24-hour security. Conveniently located near shopping, dining, and entertainment in the heart of Waikiki. A great opportunity for investors looking for a property in one of Honolulu’s most desirable visitor destinations. |
|---|---|
| Status | Sold since 03-18-2026 |
| MLS# | 202605228 |
| Price | $575,000 |
| Original Price | $575,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 543 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,410 |
| Lanai Sq Ft | 67 |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 2206 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 12 |
| Year Built | 1979 |
| Condition | Average |
| View | City, Diamond Head, Ocean |
| Parking | Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $197 |
| Assessed Land | $84,200 |
| Assessed Building | $593,800 |
| Assessed Total | $678,000 |
| Assessed Ratio | 85% |
| Inclusions | AC Central, Cable TV, Disposal, Drapes, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Patio/Deck, Security Guard, Tennis Court, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, W/W Carpet |
| Disclosures | None |
| Furnished | Full |
| Land Recorded | Dual Systems |
| Possession | 45 Days or Less, At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Security Patrol, Video |
| Parcel # | 1-2-6-028-011-0210 |
| Listing courtesy of | Shimizu Gateways Inc |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 05-04-2026 | 202605228 | Sold | P | S | $575,000 | $570,000 | $678,000 | $84,200 | $593,800 |
| 03-30-2026 | 202605228 | Pending | A | P | $575,000 | $570,000 | $678,000 | $84,200 | $593,800 |
| 03-18-2026 | 202605228 | New Listing | A | $575,000 | $570,000 | $678,000 | $84,200 | $593,800 | |
| 03-13-2020 | 201935885 | Withdrawn | A | W | $588,000 | $0 | $542,300 | $85,900 | $456,400 |
| 01-01-2020 | 201935885 | New Listing | A | $588,000 | $0 | $542,300 | $85,900 | $456,400 | |
| 12-05-2009 | 2908379 | Sold | P | S | $199,800 | $300,000 | $375,900 | $29,800 | $346,100 |
| 10-20-2009 | 2908379 | Pending | A | P | $199,800 | $300,000 | $375,900 | $29,800 | $346,100 |
| 10-05-2009 | 2908379 | Price Decrease | $228,000 | $199,800 | $199,800 | $300,000 | $375,900 | $29,800 | $346,100 |
| 07-27-2009 | 2908379 | Back On Market | C | A | $199,800 | $300,000 | $375,900 | $29,800 | $346,100 |
| 07-21-2009 | 2908379 | Active Continue to Show | A | C | $199,800 | $300,000 | $375,900 | $29,800 | $346,100 |
| 06-19-2009 | 2908379 | New Listing | A | $199,800 | $300,000 | $375,900 | $29,800 | $346,100 | |
| 11-23-1998 | 9816610 | Price Decrease | $185,000 | $155,000 | $168,888 | $155,000 | $199,300 | $51,200 | $148,100 |
| 11-23-1998 | 9816610 | Sold | X | S | $168,888 | $155,000 | $199,300 | $51,200 | $148,100 |
| 07-24-1998 | 9816610 | Price Decrease | $194,888 | $168,888 | $168,888 | $155,000 | $199,300 | $51,200 | $148,100 |
| 07-24-1998 | 9816610 | Expired | A | X | $168,888 | $155,000 | $199,300 | $51,200 | $148,100 |
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