Hawaii Living

Five Regents #604 (Salt Lake Honolulu & Moanalua)

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2888 Ala Ilima St #604, Honolulu

Description
Five Regents is a hidden gem in the heart of Salt Lake. It is a fantastic building for investors or even first time home buyers looking to get into the market. A studio with 1 parking under $200k in Honolulu is rare! The proximity to the airport makes this condo a perfect crash pad for flight attendants and pilots! It is a secure building with fob entry and 24 hr security patrol. This studio features tree top views and is completely renovated with laminate flooring, new cabinets, granite counter tops, newly tiled shower, updated appliances, AC and fresh paint. It includes a covered parking stall plus additional guest parking and first come first serve bike/moped parking. Amenities include a swimming pool, BBQ, meeting room, tennis/pickle ball/basketball court and community laundry. Located across from Moanalua High School, minutes from Downtown Honolulu, the Airport, Pearl Harbor and more! It is a Leasehold property, but it has a long lease with low monthly payments and no step ups in rent or renegotiation until the lease expires in 2078. VA Approved&Lenders can do loans for buyers that qualify. Not to mention pet friendly! A few photos have been virtually staged(enhanced).
Past Activity
  • Nov 14, 2023 Sold for $173,000
  • Sep 01, 2023 Under Contract
  • Aug 23, 2023 Listed at $175,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.34
  • Price / ft²: $577
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Sewer, Water
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone X
  • Elementary School: Salt Lake
  • Middle School: Moanalua
  • High School: Moanalua
  • View: City, Sunset
  • Property Condition: Excellent
  • 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, Security Guard, Tennis Court, Trash Chute, Wall/Fence
  • TMK: 1-1-1-62-24-15
  • Tax Assessed Land: $18,600
  • Tax Assessed Improvements: $202,000
  • Tax Assessed Total: $220,600
  • Courtesy: BHGRE Advantage Realty / (808) 261-1800
  • MLS: 202319784
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
Other Five Regents Listings
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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
$169,900
Five Regents #1410
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 11/14/23 at $173,000
    (List Price: $175,000)
Description
Five Regents is a hidden gem in the heart of Salt Lake. It is a fantastic building for investors or even first time home buyers looking to get into the market. A studio with 1 parking under $200k in Honolulu is rare! The proximity to the airport makes this condo a perfect crash pad for flight attendants and pilots! It is a secure building with fob entry and 24 hr security patrol. This studio features tree top views and is completely renovated with laminate flooring, new cabinets, granite counter tops, newly tiled shower, updated appliances, AC and fresh paint. It includes a covered parking stall plus additional guest parking and first come first serve bike/moped parking. Amenities include a swimming pool, BBQ, meeting room, tennis/pickle ball/basketball court and community laundry. Located across from Moanalua High School, minutes from Downtown Honolulu, the Airport, Pearl Harbor and more! It is a Leasehold property, but it has a long lease with low monthly payments and no step ups in rent or renegotiation until the lease expires in 2078. VA Approved&Lenders can do loans for buyers that qualify. Not to mention pet friendly! 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 21, 2024.Information is deemed reliable but not guaranteed.
    • Nov 14, 2023 Sold for $173,000
    • Sep 01, 2023 Under Contract
    • Aug 23, 2023 Listed at $175,000
    Other Five Regents Listings
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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
    $169,900
    Five Regents #1410
    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.