Hawaii Living

Five Regents #2108 (Salt Lake Honolulu & Moanalua)

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2888 Ala Ilima St #2108, Honolulu

Description
Great investment for investor with amenities including pool, sauna, party room. Secured building located near bus lines, shopping center, Airport. Long lease until 2078. Tenant lease expires 10/31/2021. Subject to 1031 exchange.
Past Activity
  • Jul 07, 2021 Sold for $195,000
  • Mar 30, 2021 Under Contract
  • Mar 29, 2021 Listed at $198,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.26
  • Price / ft²: $557
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Other Common Expenses, Water
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone X
  • View: Ocean
  • Property Condition: Above Average
  • Owner Occupancy: 16%
  • Management Company: Certified Management
  • Security Features: Card, Security Patrol
  • Amenities: BBQ, Community Association Pool, Community Laundry, Meeting Room, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Tennis Court
  • TMK: 1-1-1-62-24-199
  • Tax Assessed Land: $20,200
  • Tax Assessed Improvements: $212,400
  • Tax Assessed Total: $232,400
  • Courtesy: Ivy K Realty, LLC
  • MLS: 202107947
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 12, 2025.Information is deemed reliable but not guaranteed.
Other Five Regents Listings
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Leasehold
$206,000
Five Regents #2103
Studio | 1 Ba
300 ft²
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Leasehold
$208,500
Five Regents #1606
Studio | 1 Ba
300 ft²
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Leasehold
$179,000
Five Regents #2404
Studio | 1 Ba
300 ft²
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Leasehold
$178,000
Five Regents #901
Studio | 1 Ba
300 ft²
Other Metro Honolulu Condos
Salt Lake Honolulu & Moanalua
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$257,500
Likini West #302
1 Bd | 1 Ba
594 ft²
Punchbowl
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$224,000
Queens Villa #210
1 Bd | 1 Ba
327 ft²
Waikiki
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$199,000
Pacific Islander #403
Studio | 1 Ba
322 ft²
Makiki
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$200,000
Oahuan Ltd #218
Studio | 1 Ba
400 ft²
Ala Moana
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$215,000
Ala Moana Hotel Condo #1214
Studio | 1 Ba
297 ft²
Makiki
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$215,000
One Kalakaua #407
2 Bds | 1 Ba
772 ft²
  • Sold 7/7/21 at $195,000
    (List Price: $198,000)
Description
Great investment for investor with amenities including pool, sauna, party room. Secured building located near bus lines, shopping center, Airport. Long lease until 2078. Tenant lease expires 10/31/2021. Subject to 1031 exchange.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 12, 2025.Information is deemed reliable but not guaranteed.
    • Jul 07, 2021 Sold for $195,000
    • Mar 30, 2021 Under Contract
    • Mar 29, 2021 Listed at $198,000
    Other Five Regents Listings
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    Leasehold
    $206,000
    Five Regents #2103
    Studio | 1 Ba
    300 ft²
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    Leasehold
    $208,500
    Five Regents #1606
    Studio | 1 Ba
    300 ft²
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    Leasehold
    $179,000
    Five Regents #2404
    Studio | 1 Ba
    300 ft²
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    Leasehold
    $178,000
    Five Regents #901
    Studio | 1 Ba
    300 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: 03/31/78
    Buyer and Seller have reached an agreement and are under contract. The sale may be 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.