2888 Ala Ilima Street Unit 1201, Honolulu, HI 96818
- $157,500
- 1
- BA
- 300
- SqFt
- Sold Price
- $157,500
- List Price
- $168,000
- Days on Market
- 226
- Closing Date
- Jul 11, 2025
- MLS#
- 202427381
- Status
- CLOSED
- Type
- Condo
- Building
- Five Regents
- Full Baths
- 1
- Living Area
- 300
- Land Area
- 50,138
- Land Tenure
- LH - Leasehold
- Neighborhood
- Salt Lake
Property Description
$10,000.00 PRICE REDUCTION - MOTIVATED SELLER! 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!
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Additional Information
- Island
- Oahu
- View
- City, Mountain(s)
- Lot Size
- 50,138
- Construction Materials
- Masonry, Concrete, Stucco
- Neighborhood
- Salt Lake
- Subdivision
- Salt Lake
- Furnished
- Partially
- Year Built
- 1978
- Building Name
- Five Regents
- Inclusions
- AC Window Unit, Cable TV, Disposal, Range Hood, Range/Oven, Refrigerator, Smoke Detector
- Maintenance Expense
- $428.28
- Parking Features
- Assigned, Covered, Guest, One Space
- Unit
- 1201
- Amenities
- Management
- Style
- High Rise
- Assessed Total
- 237000
- Pets Allowed
- Call
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Listing courtesy of Top Property Management LLC. Selling Office: The LFG Group, Inc..
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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