Hawaii Living

Five Regents #2209 (Salt Lake Honolulu & Moanalua)

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2888 Ala Ilima St #2209, Honolulu

Description
Priced to sell! Five Regents is a hidden gem in the Salt Lake area of Honolulu. Perfect for first-time homebuyers or investors. This affordable, well-maintained studio/1 bath unit comes with 1 assigned covered parking stall and is under $200k! Pet-friendly (verify), secure building with fob entry and 24-hr security patrol. Additional guest parking and first come, first serve bike/moped parking. Amenities include a swimming pool, sauna, BBQ, meeting/activity area, tennis/basketball court and community laundry. Convenient central location minutes away from Downtown Honolulu, the airport, Pearl Harbor, Hickham AFB, and Tripler Hospital. Maintenance fees are reasonable. This is a Leasehold property, but it has a long lease with low monthly payments. No step-ups in lease fee or renegotiation until the lease expires in 2078. A few photos have been virtually staged (enhanced).
Past Activity
  • Jul 18, 2024 Sold for $165,000
  • May 28, 2024 Under Contract
  • May 24, 2024 Listed at $165,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.43
  • Price / ft²: $550
  • 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, Ocean
  • Furnished: Partial
  • Property Condition: Above Average,Average
  • Owner Occupancy: 16%
  • Management Company: Touchstone
  • Security Features: Key, Keyed Elevator, Security Patrol
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Patio/Deck, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court
  • TMK: 1-1-1-62-24-212
  • Tax Assessed Land: $18,600
  • Tax Assessed Improvements: $209,200
  • Tax Assessed Total: $227,800
  • Courtesy: Property Profiles, Inc. / (808) 487-9500
  • MLS: 202411777
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 23, 2024.Information is deemed reliable but not guaranteed.
Other Five Regents Listings
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Leasehold
$169,900
Five Regents #1410
Studio | 1 Ba
300 ft²
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Leasehold
$175,000
Five Regents #712
Studio | 1 Ba
300 ft²
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Leasehold
$178,000
Five Regents #901
Studio | 1 Ba
300 ft²
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Leasehold
$205,000
Five Regents #1408
1 Bd | 1 Ba
350 ft²
Other Honolulu Condos
  • Sold 7/18/24 at $165,000
    (List Price: $165,000)
Description
Priced to sell! Five Regents is a hidden gem in the Salt Lake area of Honolulu. Perfect for first-time homebuyers or investors. This affordable, well-maintained studio/1 bath unit comes with 1 assigned covered parking stall and is under $200k! Pet-friendly (verify), secure building with fob entry and 24-hr security patrol. Additional guest parking and first come, first serve bike/moped parking. Amenities include a swimming pool, sauna, BBQ, meeting/activity area, tennis/basketball court and community laundry. Convenient central location minutes away from Downtown Honolulu, the airport, Pearl Harbor, Hickham AFB, and Tripler Hospital. Maintenance fees are reasonable. This is a Leasehold property, but it has a long lease with low monthly payments. No step-ups in lease fee or renegotiation until the lease expires in 2078. A few photos have been virtually staged (enhanced).
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 23, 2024.Information is deemed reliable but not guaranteed.
    • Jul 18, 2024 Sold for $165,000
    • May 28, 2024 Under Contract
    • May 24, 2024 Listed at $165,000
    Other Five Regents Listings
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    Leasehold
    $169,900
    Five Regents #1410
    Studio | 1 Ba
    300 ft²
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    Leasehold
    $175,000
    Five Regents #712
    Studio | 1 Ba
    300 ft²
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    Leasehold
    $178,000
    Five Regents #901
    Studio | 1 Ba
    300 ft²
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    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: 03/31/78
    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.