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Waikiki Sunset

229 Paokalani Ave
Waikiki - East
$175,000 - $499,500
Fee Simple and Leasehold
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1 Bedroom Available Listings
$175,000 LH - Waikiki Sunset, Unit #: 812
$189,000 LH - Waikiki Sunset, Unit #: 711
$218,500 LH - Waikiki Sunset, Unit #: 1007 New!
$225,000 LH - Waikiki Sunset, Unit #: 1807
$249,000 FS - Waikiki Sunset, Unit #: 706
$259,900 LH - Waikiki Sunset, Unit #: 1908
$269,000 FS - Waikiki Sunset, Unit #: 808
$320,000 FS - Waikiki Sunset, Unit #: 1207
$329,000 FS - Waikiki Sunset, Unit #: 1512
$385,000 FS - Waikiki Sunset, Unit #: 2704
$385,000 FS - Waikiki Sunset, Unit #: 2603
$385,000 FS - Waikiki Sunset, Unit #: 3209
$395,000 FS - Waikiki Sunset, Unit #: 2612
$430,000 FS - Waikiki Sunset, Unit #: 3003
$499,500 FS - Waikiki Sunset, Unit #: 3610

2 Bedroom Available Listings
$398,000 FS - Waikiki Sunset, Unit #: 607
$479,000 FS - Waikiki Sunset, Unit #: 1213
Commentary - Waikiki Sunset:
Waikiki Sunset is located on a quieter side street. A walk to the beach is only 1-½ blocks. The leasehold condominiums are largely rented out through ResortQuest’s(Formerly Aston) Hotel pool, which yields a market driven income. It is advertised by ResortQuest as a family hotel.

Air conditioning is central. Security features include hotel staff and private guards.

While many units have recently converted to Fee Simple, there primary 2 land owners in the building, Liliu'okalani trust and St Francis Hospital. The lease expires in 2036 for the leasehold units.


For Investors: 1 day minimum on unit rentals

Amenities:  Swimming pool, barbeque grill, sauna, and Tennis Court are above parking garage on 6th level.
Units: 435
Stories: 37
Elevators: 4
Parking:
Pets: Yes, approval required
Year Built: 1979
High School: McKinley
Middle School: Washington
Elementary School: Jefferson

Lender Statistics - Waikiki Sunset

Owner Occpt %:   20%
Litigation:   None
Land Tenure   Fee/Lease Mix  expires:4/14/2036, max loan for LH: 25
Condo Type:   Condotel
Management Co:   ResortQuest 931-1400
Typical Loan Options and Down Payment Requirements:

Lodging unit/Condotel: 100% down - Lenders are currently not lending on studios without a full kitchen (hotel rooms)

Condotel unit with Full Kitchen: 30% down with minimum credit score of 680



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Learn all about  Waikiki - East
Waikiki Sunset is located in Waikiki - East


Condominium Configurations - Waikiki Sunset

Bedrooms:   1

Baths:   1

Square Feet:   601 - 631 SF

Lanai:   yes 

Qty:   366 

Comments:   This standard configuration is a comfortable suite. Found in units: 01, 02, 03, 04, 05, 06, 07, 08, 09, 10, 11, 12   View floor plan

Bedrooms:   2

Baths:   1

Square Feet:   660 SF

Lanai:   yes 

Qty:   62 

Comments:   Corner End unit has sunset views and two small bedrooms. Found in units: 13, 14   View floor plan

Bedrooms:   2 - Penthouse Suite

Baths:   2

Square Feet:   1,209 - 1,308 SF

Lanai:   No 

Qty:   7 

Comments:   Penthouses are on floor 38 and are twice the size os a standard unit.


The above active listings are based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. Active listings last updated on 11/19/2009. Information is deemed reliable but not guaranteed. Copyright: 2003 by the Honolulu Board of REALTORS®. more.