| Description | MOTIVATED SELLER ! SIGNIFICANT PRICE REDUCTION !! Don't miss this rare opportunity to own legal short term vacation rental unit in Waikiki. The unit currently participates in the Aston Rental Program. Fully furnished one bedroom one bath with one unassigned covered parking stall. Preferable cool side unit with great mountain and city views. Waikiki Sunset is conveniently located for shopping, variety of dining and entertainment. Very close to famous Waikiki Beach. This is the perfect property to enjoy as your own vacation home while generating income through short-term rentals. SELLER WILL PAY OFF SPECIAL ASSESSMENT AT CLOSING ! |
|---|---|
| Status | Sold since 08-15-2025 |
| MLS# | 202518166 |
| Price | $529,000 |
| Original Price | $639,000 |
| Price Change | $-110,000 (-17.21%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 546 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,342 |
| Lanai Sq Ft | 55 |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 807 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 342 |
| Year Built | 1979 |
| Condition | Above Average |
| View | City, Mountain |
| Parking | Covered - 1, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $462 |
| Assessed Land | $79,100 |
| Assessed Building | $525,400 |
| Assessed Total | $604,500 |
| Assessed Ratio | 88% |
| Inclusions | AC Central, Cable TV, Disposal, Drapes, Kitchenware, Linens, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Exercise Room, Fire Sprinkler, Patio/Deck, Pool on Property, Recreation Area, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, W/W Carpet |
| Disclosures | Non Resident Owner, Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | Subject to Rental Lease |
| Sale Conditions | None |
| Building Style | Condotel |
| Security | Security Patrol |
| Parcel # | 1-2-6-028-011-0029 |
| Listing courtesy of | Hawaii Living LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-11-2026 | 202518166 | Sold | P | S | $529,000 | $500,000 | $604,500 | $79,100 | $525,400 |
| 09-04-2026 | 202518166 | Pending | C | P | $529,000 | $500,000 | $604,500 | $79,100 | $525,400 |
| 07-23-2026 | 202518166 | Active Under Contract | A | C | $529,000 | $500,000 | $604,500 | $79,100 | $525,400 |
| 06-28-2026 | 202518166 | Price Decrease | $569,000 | $529,000 | $529,000 | $500,000 | $604,500 | $79,100 | $525,400 |
| 04-21-2026 | 202518166 | Price Decrease | $590,000 | $569,000 | $529,000 | $500,000 | $604,500 | $79,100 | $525,400 |
| 02-02-2026 | 202518166 | Price Decrease | $629,000 | $590,000 | $529,000 | $500,000 | $604,500 | $79,100 | $525,400 |
| 10-24-2025 | 202518166 | Price Decrease | $639,000 | $629,000 | $529,000 | $500,000 | $604,500 | $79,100 | $525,400 |
| 08-15-2025 | 202518166 | New Listing | A | $529,000 | $500,000 | $604,500 | $79,100 | $525,400 | |
| 11-03-2019 | 201922177 | Withdrawn | A | W | $509,000 | $0 | $506,900 | $80,800 | $426,100 |
| 08-02-2019 | 201922177 | New Listing | A | $509,000 | $0 | $506,900 | $80,800 | $426,100 | |
| 08-02-2019 | 201922177 | $509,000 | $509,000 | $0 | $506,900 | $80,800 | $426,100 | ||
| 08-24-2013 | 1304590 | Sold | C | S | $499,000 | $430,000 | $356,800 | $28,600 | $328,200 |
| 07-23-2013 | 1304590 | Active Continue to Show | A | C | $499,000 | $430,000 | $356,800 | $28,600 | $328,200 |
| 04-24-2013 | 1304590 | New Listing | A | $499,000 | $430,000 | $356,800 | $28,600 | $328,200 | |
| 03-27-2007 | 2701276 | Withdrawn | A | W | $258,000 | $0 | $296,900 | $50,900 | $246,000 |
| 01-09-2007 | 2701276 | New Listing | A | $258,000 | $0 | $296,900 | $50,900 | $246,000 | |
| 04-25-2001 | 2102974 | Price Decrease | $145,000 | $135,000 | $145,000 | $135,000 | $151,800 | $50,900 | $100,900 |
| 04-25-2001 | 2102974 | Sold | C | S | $145,000 | $135,000 | $151,800 | $50,900 | $100,900 |
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