229 Paoakalani Ave #1501

Waikiki Sunset
229 Paoakalani Ave #1501
Honolulu, HI 96815

For Sale

Active

List Price

$725,000 (FS)

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

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

Parking Stalls:: 1 - Covered - 1, Unassigned

MLS #:: 202616486
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-028-011-0107

List Date:: August 31, 2026

REMARKS:

Exceptional investment opportunity at Waikiki Sunset! This beautifully maintained 1-bedroom, 1-bath residence offers the perfect combination of personal enjoyment and income potential. Located in one of Waikiki's most sought-after resort-zoned buildings, the unit features a functional floor plan, full kitchen, private lanai, and abundant natural light. Just a short stroll to world-famous Waikiki Beach, Kapiolani Park, restaurants, shopping, and entertainment. Resort-style amenities include a swimming pool, fitness center, BBQ area, tennis court, 24-hour security, and more. Whether you're looking for a vacation getaway, an investment property, or both, this is an outstanding opportunity to own in the heart of Waikiki. If the buyer is considering transitioning the unit to a vacation rental, the seller is open to negotiating a credit toward furniture replacement to help facilitate the conversion.

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: Negotiable

Year Built:: 1979
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $80,600
Assd. Val. Imprv:: $589,000
Assd. Val. Total:: $669,600

Tax Year:: 2026
Monthly Taxes:: $513
Home Exempt.:: $0

Maintenance Fees:: $1,103/mo.
Association Fees:: --/mo.
Other Fees:: $264/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Mountain
Pool:: --
Amenities:: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Meeting Room, Pool on Property, Recreation Area
Inclusions:: AC Central, Cable TV, Disposal, Microwave, Range/Oven, Refrigerator, Security System, Smoke Detector
Security:: Card, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:: AC Central, Cable TV, Electricity, Hot Water, Sewer, Water
Other Fee Inclusions:: Special Assessment

Lot Description:: --
Topography:: --
Number of Stories:: 15-20
Building Style:: Condotel, High-Rise 7+ Stories
Property Condition:: Above Average
Construction:: Concrete
Roofing:: --
Floor Covering:: Vinyl, W/W Carpet

Disclosures:: None
Possession:: At Closing
Terms Accept.:: Cash, Conventional
Land Recorded:: Land Court

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

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, October 6, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. Listing courtesy of YourTurn Inc