Five Regents #1201 | 2888 Ala Ilima St #1201

Asking Price: $178,000
Beds: 0
Baths: 1
Living: 300 ft²
Tenure:Leasehold ?
Leasehold Expiry: 12/31/78
Lease Rent: $ 48 / month
Fee Purchase: Not available
Built: 1978
Parking: 1
Maint. (HOA) Fees: $428 / month
Property Taxes: $69 / month ?
Est. Mortgage: 0 $900 / mo - adjust loan
Time Listed for Sale: 5 days
Status: Active
Buy without visiting ?
All Five Regents condos for sale »
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2888 Ala Ilima St #1201, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Tiffany D Tu (RA)
RS-78444
Top Property Management LLC
Phone: (808) 277-0652

Description

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. 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!

Recent Activity

Nov 27, 2024 Listed at $178,000
May 16, 2023 Sold for $161,500
Mar 23, 2023 Under Contract
Mar 20, 2023 Listed at $169,000
Jul 19, 2017 Sold for $163,000
Jun 26, 2017 Under Contract
Jun 24, 2017 Listed at $159,990

Past Sales

#2711: 1 Bd | 1 Ba @ $205K (9/9/24)
#2209: Studio | 1 Ba @ $165K (7/18/24)
#2906: Studio | 1 Ba @ $189K (4/1/24)
#1507: Studio | 1 Ba @ $180K (2/22/24)
#1904: Studio | 1 Ba @ $180K (12/27/23)
#604: Studio | 1 Ba @ $173K (11/14/23)
#1908: 1 Bd | 1 Ba @ $215K (11/8/23)
#908: 1 Bd | 1 Ba @ $207K (10/6/23)
#1408: 1 Bd | 1 Ba @ $206K (8/31/23)
#1403: Studio | 1 Ba @ $165K (8/14/23)

+Show more recently sold

#1005: 1 Bd | 1 Ba @ $185K (8/8/23)
#1606: Studio | 1 Ba @ $180K (6/22/23)
#1201: Studio | 1 Ba @ $161K (5/16/23)
#2206: Studio | 1 Ba @ $150K (4/28/23)
#1307: Studio | 1 Ba @ $180K (4/10/23)
#1208: 1 Bd | 1 Ba @ $206K (2/22/23)
#909: Studio | 1 Ba @ $155K (1/11/23)
#2805: 1 Bd | 1 Ba @ $215K (9/12/22)
#1607: Studio | 1 Ba @ $160K (8/12/22)
#2608: 1 Bd | 1 Ba @ $215K (6/29/22)
#2310: Studio | 1 Ba @ $162K (6/27/22)
#601: Studio | 1 Ba @ $150K (6/24/22)
#2011: 1 Bd | 1 Ba @ $211K (6/24/22)
#1404: Studio | 1 Ba @ $160K (6/21/22)
#2512: Studio | 1 Ba @ $170K (6/9/22)
#2910: Studio | 1 Ba @ $165K (5/31/22)
#1808: 1 Bd | 1 Ba @ $220K (5/13/22)
#2106: Studio | 1 Ba @ $142K (4/22/22)
#2302: 1 Bd | 1 Ba @ $200K (4/20/22)
#2911: 1 Bd | 1 Ba @ $180K (2/17/22)
#911: 1 Bd | 1 Ba @ $195K (2/3/22)
#1712: Studio | 1 Ba @ $165K (12/23/21)
#1701: Studio | 1 Ba @ $165K (11/19/21)
#903: Studio | 1 Ba @ $170K (11/10/21)
#1303: Studio | 1 Ba @ $165K (10/29/21)
#2905: 1 Bd | 1 Ba @ $185K (10/18/21)
#611: 1 Bd | 1 Ba @ $180K (10/4/21)
#1706: Studio | 1 Ba @ $150K (9/29/21)
#1103: Studio | 1 Ba @ $149K (8/31/21)
#1207: Studio | 1 Ba @ $165K (8/13/21)
#2712: Studio | 1 Ba @ $165K (7/12/21)
#2108: 1 Bd | 1 Ba @ $195K (7/7/21)
#702: 1 Bd | 1 Ba @ $192K (7/7/21)
#504: Studio | 1 Ba @ $148K (7/7/21)
#Unit 703: Studio | 1 Ba @ $145K (5/20/21)
#2610: Studio | 1 Ba @ $155K (5/14/21)
#2406: Studio | 1 Ba @ $145K (4/30/21)
#1006: Studio | 1 Ba @ $163K (4/12/21)
#1506: Studio | 1 Ba @ $140K (3/17/21)
#1110: Studio | 1 Ba @ $135K (2/10/21)

Blog

More Details

Owner, Tax & Resale History
HOA Fees / ft²: $1.43
Price / ft²: $593
Other Condos Price / ft²
Cash vs Financing Buyers
HOA Fees Include: Other Common Expenses, Sewer, Water
Zoning: 12 - A-2 Medium Density Apartme
Flood Zone: Zone X
View: City, Mountain
Furnished: Partial
Property Condition: Excellent
Owner Occupancy: 16%
Management Company: Touchstone Properties
Security Features: Key, Security Patrol
Amenities: BBQ, Community Laundry, Meeting Room, Other, Pool on Property, Recreation Room, Resident Manager, Sauna, Tennis Court, Trash Chute
TMK: 1-1-1-62-24-84
Tax Assessed Land: $18,600
Tax Assessed Improvements: $218,400
Tax Assessed Total: $237,000
Courtesy: Top Property Management LLC / (808) 277-0652
MLS: 202427381

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The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 02, 2024.Information is deemed reliable but not guaranteed.

Other Five Regents Listings

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$178,000

Five Regents #901

Studio | 1 Ba
300 ft²

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Five Regents #712

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300 ft²

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Leasehold

$169,900

Five Regents #1410

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300 ft²

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$205,000

Five Regents #1408

1 Bd | 1 Ba
350 ft²

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Asking Price: $178,000

Description

More Details

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 02, 2024.Information is deemed reliable but not guaranteed.

Recent Activity

Nov 27, 2024 Listed at $178,000
May 16, 2023 Sold for $161,500
Mar 23, 2023 Under Contract
Mar 20, 2023 Listed at $169,000
Jul 19, 2017 Sold for $163,000
Jun 26, 2017 Under Contract
Jun 24, 2017 Listed at $159,990

Blog

Other Five Regents Listings

Map

Leasehold

$178,000

Five Regents #901

Studio | 1 Ba
300 ft²

Map

Leasehold

$175,000

Five Regents #712

Studio | 1 Ba
300 ft²

Map

Leasehold

$169,900

Five Regents #1410

Studio | 1 Ba
300 ft²

Map

Leasehold

$205,000

Five Regents #1408

1 Bd | 1 Ba
350 ft²

You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Leasehold Expiry: 12/31/78

Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.

We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.

Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.

We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.

Other fees could be a special assessment, reserve contributions etc.

DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.

Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.

Learn about property tax rates.

Property Taxes	$ 69 / month
Maint Fees	$ 428 / month

Total

Five Regents #1201 (Salt Lake Honolulu & Moanalua)

2888 Ala Ilima St #1201, Honolulu