Five Regents Condominium

2888 Ala Ilima Street 1201, Honolulu, Oahu 96818 Get Directions

$178,000

 

Full Baths
1
Total SqFt
300
Lot Size Area
50,138 SqFt
Land Tenure
Leasehold
MLS #
202427381
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Overview

Welcome to Five Regents, a prime leasehold property in a vibrant community, offering the perfect blend of comfort, convenience, and recreational amenities. With a leasehold term extending until 2078, this property presents an exceptional investment opportunity, promising great potential with many years remaining on the lease. The studio unit is rental-occupied, collecting a monthly rent of $1400.00 (Tenant's fixed lease ends 01/31/2025). The building boasts many amenities including a pool, sauna, tennis court, basketball hoop, recreation/meeting room, community laundry room, site manager, one assigned covered parking, and guest parking. Electricity is sub-metered for the unit and billed through the monthly maintenance fee statement. Upcoming increases, effective January 2025, for maintenance fees, will be $470.24, and the special assessment will be $110.15 (insurance and reserve fund requirements). Schedule a viewing today!

Property Details

Amenities
BBQ, Community Laundry, Meeting Room, Other, Pool on Property, Recreation Room, Resident Manager, Sauna, Tennis Court, Trash Chute
Building Name
Five Regents
Construction Materials
Concrete, Masonry/Stucco
Floor Number
12
Flooring
Laminate
Furnished
Partial
Neighborhood
Salt Lake
Parking Features
Assigned, Covered - 1, Guest
Parking Total
1
Property Type
Residential
Security Features
Key, Security Patrol
Living Area SqFt
300
Total SqFt
300
Status
Active
Total Actual Rent
$1,400
Unit Features
Odd# Unit
View
City, Mountain(s)
Year Built
1978

Additional Property Info

Disclosures
Pets Allowed (Verify), Property Disclosure Stmt
Flood Zone
Zone X
Lease Expiration Date
12/31/2078
Lease Fee Month
$48
Maintenance Expense
$428
Property Condition
Excellent
Tax Amount
$69
Tax Assessed Value
$237,000
Tax Assessed Value Improvements
$218,400
Tax Assessed Value Land
$18,600
Zoning
12 - A-2 Medium Density Apartme

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Top Property Management LLC Courtesy of Tiffany D Tu, Top Property Management LLC.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 by HiCentral MLS, Ltd.

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