Building Name | Waikiki Sunset | Neighborhood | Waikiki |
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Address | 229 Paoakalani Ave., Honolulu, Hawaii 96815 | ||
Land Sqft. | 49,968 Sqft.(4,647㎡) | Year Built | 1979 |
Total Unit | 435 | Stories | 37 |
Floor Plans | Bedroom: 1~2 | Bathroom: 1~2 | Parking: 1~2 | ||
Living Sqft. | 534~1,308 Sqft.(50~122㎡) | ||
Inclusions | Range/Oven, Refrigerator | ||
Amenities | Pool, Sauna, Tennis Court, BBQ Area, Laundromat(available at all levels) | ||
Price Range | $160,000~$750,000 | Land Tenure | Lease Renegotiation Date |
Lease Expires | 4/01/2036 | Lease Renegotiation Date | 2026 |
Monthly Lease Rent | $161~$189 | ||
Expenses (Monthly) | Maintenace Fee: $850~$2,200 Real Property Tax: $160~$240 Special Assessment: – Other: – Total: $1,010~$2,440 |
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Floor Plans | Floor Plan 01, 03, 05, 07, 09, 11 Unit 02, 08, 10, 12 Unit 04 Unit 06 Unit 13,14 Unit | ||
Comment | Waikiki Sunset is a highly popular condo-hotel for tourists choosing Waikiki as their place to stay. It offers affordable accommodations, and each unit comes with a full kitchen, leading to higher occupancy rates. There are laundry machines on every floor, making it a convenient option for long-term stays. The fifth-floor deck features a pool, tennis court, BBQ grills, and a mini convenience store. The property is also ideally located—just a five-minute walk to the beach and within walking distance of popular restaurants like “Arancino di Mare,” where guests can enjoy authentic Italian cuisine. Parking is included, but instead of assigned spots, it operates as “self-parking,” meaning residents park in any available space. The condo-hotel is managed by Aqua Aston, a company with extensive experience in condo-hotel operations, providing reliable management for investors. Revenue distribution from the hotel is pooled into a trust account first, and then allocated to unit owners regardless of occupancy rates. The distribution ratio is based on the original selling price from 1979. Corner units ending in 13 or 14 are two-bedroom types, while units numbered 01–12 are one-bedroom types. Even-numbered units face the ocean, while odd-numbered units face the mountains. Monthly maintenance fee includes cable TV, central air conditioning, electricity, internet, cold and hot water. Recommended units are those above the 30th floor, specifically units ending in 02, 08, 10, and 12, as these offer stunning ocean views. |