Bought with The LFG Group, Inc.
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2888 Ala Ilima ST #1201 Honolulu, HI 96818
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Key Details
Sold Price $157,500
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 300 sqft
Price per Sqft $525
Subdivision Salt Lake
MLS Listing ID 202427381
Sold Date 07/11/25
Style High Rise
Full Baths 1
Maintenance Fees $428
Construction Status Excellent
HOA Fees $428
HOA Y/N Yes
Year Built 1978
Annual Tax Amount $829
Property Sub-Type Condominium
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!
Location
State HI
County Oahu
Community Barbecue, Clubhouse, Conference/Meeting Room, Laundry Facilities, Other, Pool, Sauna, Tennis Court(S), Trash Chute
Area Metro
Building/Complex Name Five Regents
Interior
Flooring Laminate
Furnishings Partially
Fireplace No
Exterior
Parking Features Assigned, Covered, Guest, One Space
Community Features Barbecue, Clubhouse, Conference/Meeting Room, Laundry Facilities, Other, Pool, Sauna, Tennis Court(s), Trash Chute
Amenities Available Management
View Y/N Yes
View City, Mountain(s)
Total Parking Spaces 1
Building
Architectural Style High Rise
New Construction No
Construction Status Excellent
Others
HOA Fee Include Common Areas,Maintenance Grounds,Maintenance Structure,Sewer,Water
Tax ID 1-1-1-062-024-0084
Security Features Key Card Entry,Security Guard
Financing Cash
Special Listing Condition None
Pets Allowed Call
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