Hawaii Living

Five Regents #508 (Salt Lake/Moanalua)

1 / 1

2888 Ala Ilima St #508, Honolulu

Description
AWESOME OPPORTUNITY for first time buyers and investors for this corner 1 bedroom, 1 bath, corner unit. Newly remodeled with brand new vinyl plank flooring just installed, along with new paint, new bathroom vanity, mirror and curtain rods plus air conditioner is less than a year old. Long fixed lease till 2078 with no renegotiation and at only $57 per month always! Convenient location close to schools, shopping, freeways, military base, airport, and Tripler Hospital makes renters easy to find. Current rent was $1250 per month with higher rents noted in the building. Nice amenities include a salt water pool, sauna, party room, BBQ, 24 hr. security and 24 hr. laundry room, covered parking stall, resident manager on the premise, plus lots of guest parking. Seller is doing a 1031 exchange at no expense to Buyer. See this move-in condition unit today!
Past Activity
  • Jun 13, 2019 Sold for $212,000
  • Apr 12, 2019 In Escrow
  • Apr 09, 2019 Listed at $212,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.21
  • Price / ft²: $606
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Other Common Expenses, Sewer, Water
  • Year Remodeled: 2019
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone D
  • Elementary School: Salt Lake
  • Middle School: Moanalua
  • High School: Moanalua
  • View: City, Mountain
  • Property Condition: Above Average,Excellent
  • Owner Occupancy: 16%
  • Management Company: Touchstone
  • Security Features: Card, Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Pool, Recreation Room, Resident Manager, Sauna, Security Guard
  • TMK: 1-1-1-62-24-8
  • Tax Assessed Land: $21,100
  • Tax Assessed Improvements: $202,100
  • Tax Assessed Total: $223,200
  • Courtesy: Locations LLC
  • MLS: 201910283
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
Description
AWESOME OPPORTUNITY for first time buyers and investors for this corner 1 bedroom, 1 bath, corner unit. Newly remodeled with brand new vinyl plank flooring just installed, along with new paint, new bathroom vanity, mirror and curtain rods plus air conditioner is less than a year old. Long fixed lease till 2078 with no renegotiation and at only $57 per month always! Convenient location close to schools, shopping, freeways, military base, airport, and Tripler Hospital makes renters easy to find. Current rent was $1250 per month with higher rents noted in the building. Nice amenities include a salt water pool, sauna, party room, BBQ, 24 hr. security and 24 hr. laundry room, covered parking stall, resident manager on the premise, plus lots of guest parking. Seller is doing a 1031 exchange at no expense to Buyer. See this move-in condition unit today!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
 
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.