229 Paoakalani Ave #3203

Waikiki Sunset
229 Paoakalani Ave #3203
Honolulu, HI 96815

For Sale

Sold

Sold Price

$540,000 (FS)

List Price

$510,000 (FS)

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

Land Area (sf):: 49,963
Living (sf):: 546
Lanai (sf):: 55
Other (sf):: --

Parking Stalls:: 1 - Covered - 1, Guest, Unassigned

MLS #:: 202213593
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-028-011-0347

List Date:: July 15, 2022
Date Sold:: August 11, 2022

REMARKS:

Incredible value for a LEGAL VACATION RENTAL at Waikiki Sunset priced below the market! Hight-floor unit with incredible mountain and city views! Unit does have a Non-Conforming Use Certificate (NCU) to allow daily vacation rentals as an investor, a 2nd home in the island or the perfect property for an owner-occupant! This beautiful and spacious 1 bedroom, 1 bath unit is FULLY furnished and also includes popcorn ceiling removal, sprinklers, a private open lanai, full kitchen, and 1 unassigned parking stall. Come home to this secure high rise building in the heart of Waikiki - surrounded by world-class beaches, shopping, eateries, schools, parks and all of the conveniences of Waikiki living! Monthly maintenance fee includes: electricity, water, hot water, cable TV, central air, internet, sewer and common area expenses! Drainage assessment fee was completed in May of 2022, so no current assessment is in place!

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Full

Year Built:: 1979
Year Remodeled:: --

FINANCIAL INFORMATION:

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

Tax Year:: 2022
Monthly Taxes:: $155
Home Exempt.:: $0

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

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: Other
View:: City, Mountain
Pool:: --
Amenities:: BBQ, Community Laundry, Exercise Room, Fire Sprinkler, Patio/Deck, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute
Inclusions:: AC Central, Cable TV, Disposal, Drapes, Kitchenware, Linens, Microwave Hood, Range/Oven, Refrigerator
Security:: Security Patrol, Video
Assn. Fee Inclusions:: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Association, Maintenance

Lot Description:: --
Topography:: --
Number of Stories:: 21+
Building Style:: High-Rise 7+ Stories
Property Condition:: Above Average
Construction:: Concrete, Double Wall, Hollow Tile, Masonry/Stucco, Slab
Roofing:: --
Floor Covering:: Other, W/W Carpet

Disclosures:: Pets Allowed (Verify), Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: Cash, Conventional, 1031 Exchange
Land Recorded:: Dual Systems

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

Compensation*:: 2.5
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 Friday, May 3, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Marcus Realty