229 PAOAKALANI Ave #705

Waikiki Sunset
229 PAOAKALANI Ave #705
Honolulu, HI 96815

For Sale

Sold

Sold Price

$150,000 (LH)

List Price

$180,000 (LH)

Property Type:: Condo/Townhouse
Bedrooms:: 1
Full Baths:: 1
Half Baths:: 0

Land Area (sf):: --
Living (sf):: 546
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 1 - Covered - 1, Secured Entry, Unassigned

MLS #:: 202206863
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-028-011-0013

List Date:: May 13, 2022
Date Sold:: October 17, 2022

REMARKS:

This is LEGAL VACATION RENTAL with a Non-Conforming Use Certificate (NUC). Aqua Aston is managing as a hotel unit. Monthly approximate rental income in past 3 months in 2022 is $2, 227. Leasehold expires in April of 2036 and monthly maintenance fees include Cable TV, Central Air, Electricity, Internet, Hot/cold water, Sewer, and common area expenses. The Fee is not available. Asking price dropped by $40, 000!

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Full

Year Built:: 1979
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $79,100
Assd. Val. Imprv:: $424,500
Assd. Val. Total:: $503,600

Tax Year:: 2021
Monthly Taxes:: $149
Home Exempt.:: $0

Maintenance Fees:: $760/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

Land Tenure: Leasehold
Fee Options: None
Lessor:: WBS Suites LLC

Lease Rent:: 165.24/2036
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: --
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City
Pool:: --
Amenities:: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Trash Chute
Inclusions:: Disposal, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
Security:: Key, Keyed Elevator, Security Patrol
Assn. Fee Inclusions:: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: --

Lot Description:: --
Topography:: --
Number of Stories:: One
Building Style:: High-Rise 7+ Stories
Property Condition:: Average
Construction:: Concrete
Roofing:: --
Floor Covering:: Laminate, W/W Carpet

Disclosures:: Non Resident Owner
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Dual Systems

Exclusions:: --
Easements:: --
Set-Backs:: --

Compensation*:: 3%
Compensation Type:: --

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, May 2, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Fogarty Realty, Inc.