Five Regents Condo

2888 Ala Ilima Street 1506, Honolulu, Oahu 96818 Get Directions

SOLD

 

Full Baths
1
Total SqFt
300
Lot Size Area
50,138 SqFt
Land Tenure
Leasehold
MLS #
202015193
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Overview

Studio at Five Regents offers a great opportunity! Fixed monthly lease rent at only $47 expires in 2078! All lease rents in Hawaii increase periodically and this is the only leasehold property that is fixed for the entire lease term. Amenities include Huge, spacious lobby, rec room, pool, sauna, tennis courts, on-site resident manager and security. Conveniently located near shopping center, restaurants, airport, Hickam, Pearl Harbor, Tripler and Downtown. Full renovation costs for a studio would be $10K-$15K which would still be a better deal than what is on the market and you can decorate to your own taste.

Property Details

Amenities
BBQ, Community Laundry, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute
Building Name
Five Regents
Sold Date
03/17/2021
Sold Price
$140,000
Construction Materials
Concrete
Floor Number
15
Flooring
Vinyl, W/W Carpet
Furnished
Partial
Neighborhood
Salt Lake
Parking Features
Assigned, Covered - 1, Garage
Parking Total
1
Property Type
Condo/Townhouse
Security Features
Key, Keyed Elevator, Security Patrol, Video
Living Area SqFt
300
Total SqFt
300
Status
Sold
Unit Features
Single Level
View
City, Golf Course, Mountain, Sunrise
Year Built
1978

Additional Property Info

Disclosures
Property Disclosure Stmt
Days on Market
176
Elementary School
Salt Lake
Flood Zone
Zone X
High School
Moanalua
Lease Expiration Date
03/31/2078
Lease Fee Month
$47
Lease Renegotiation Date
03/31/2078
Maintenance Expense
$364
Middle/Junior School
Moanalua
Property Condition
Above Average
Tax Amount
$65
Tax Assessed Value
$221,600
Tax Assessed Value Improvements
$203,500
Tax Assessed Value Land
$18,100
Zoning
12 - A-2 Medium Density Apartme

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Ivy K Realty, LLC Courtesy of Marc T Kumai, Ivy K Realty, 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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