2888 Ala Ilima Street, Unit 1201

Honolulu, HI 96818

$178,000
Price
Studio
Beds
1
Bath
300 Sq. Ft.
$593 / Sq. Ft.
300
Sq. Ft.
$593
per Sq. Ft.

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...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!
  1. Listed by Tiffany D Tu • License #RS-78444 • Top Property Management LLC • (808) 277-0652
  2. Listed by Johnny Tu • License #RB-22858 • Top Property Management LLC • (808) 277-0652

Property Details for 2888 Ala Ilima Street, Unit 1201

Architectural Style
High-Rise 7+ Stories
View
City, Mountain
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
SALT LAKE
Flood Zone
Zone X
Stories/Levels
21+
Land Tenure
LH - Leasehold
LISTING UPDATED: 11/27/2024 07:35 AM

Property Details for 2888 Ala Ilima Street, Unit 1201

StatusActive
MLS #202427381
Days on Market6
Taxes$69 / month
HOA Fees$428 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Townhouse
Year Built1978
CountyHonolulu County

Building Information for 2888 Ala Ilima Street, Unit 1201

Building/ComplexFive RegentsFloor12Stories-Residences-Pet Policy-Year Built1978

Property Information for 2888 Ala Ilima Street, Unit 1201

Summary
Location and General Information
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Association Fee 2 Includes: Maintenance
  • Association Fee Includes: Other Common Expenses, Sewer, Water
  • Association Fee Total: $428
  • Fee Options: None
  • Tax Amount: $69.13
  • Tax Assessed Value: $237,000.00
  • Tax Assessed Value Improvements: $218,400.00
  • Tax Assessed Value Land: $18,600.00
  • Tax Excemption Owner Occupancy: 0
  • Tax Year: 2024
  • Parcel Number: 1-1-1-062-024-0084
  • HOA YN: Yes
Parking
  • Parking Additional: 0
  • Parking Features: Assigned, Covered - 1, Guest
  • Parking Total: 1
  • Condo Parking Unit: 71
Property
Lot Information
  • Building Name: Five Regents
  • Floor Number: 12
  • Property Type: Condo/Townhouse
  • SQFT Roofed Living: 300.0
  • Sqft Total: 300.0
  • Land Recorded: Land Court
  • Lot Size Area: 50138.0
  • Year Built: 1978
Property and Assessments
  • Appliances: AC Window Unit, Cable TV, Disposal, Range Hood, Range/Oven, Refrigerator, Smoke Detector
  • Photo Count: 17
  • New Development Construction: No
  • Property Condition: Excellent
  • Special Listing Conditions: None
  • Disclosures: Pets Allowed (Verify), Property Disclosure Stmt
  • Foreclosure: No
  • Fractional Ownership: No
  • Supplement Count: 0
  • TMK Area: 111
  • TMK Condo Property Regime Number: 84
  • TMK Division: 1
  • TMK Parcel: 24
  • TMKPLAT: 62
  • TMK Section: 1
  • TMK Zone: 1
Interior and Exterior Features
Exterior Features
  • Amenities: BBQ, Community Laundry, Meeting Room, Other, Pool on Property, Recreation Room, Resident Manager, Sauna, Tennis Court, Trash Chute
  • Construction Materials: Concrete, Masonry/Stucco
  • Elevators Number Of: 3
  • Flooring: Laminate
  • Security Features: Key, Security Patrol
Interior Features
  • Baths Full: 1
  • Baths Half: 0
  • Baths Total: 1.0
  • Beds Total: 0.0
  • Furnished: Partial
  • Room Count: 3
Multi Family
Multi-Family Information
  • Unit Features: Odd# Unit
  • Unit Number: 1201
Mobile/Manufactured Home
  • Model Site Contact Phone: (808) 839-5505
Income & Expenses
  • Maintenance Fee Amount: $428.28
Room Information
Room 1
  • Room Description: Studio unit on the 12th floor
  • Room Level: Main
  • Room Type: Bedroom
Room 2
  • Room Level: Main
  • Room Type: Full Bathroom
Room 3
  • Room Level: Main
  • Room Type: Kitchen
Agent
Sale and Listing
  • DOM: 0
  • Listing Service: Full Service
  • Management Company Name: Touchstone Properties
  • Management Company Phone: (808)539-9777
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: 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!
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Appointment Only, Listor Must Be Present, Use ShowingTime
Rental
Rent Information
  • Lease Expiration Year: 2078
  • Lease Fee Month: $48.00
  • Lessor Name: Bali Land Associates
  • Occupant Type: Tenant
  • Total Actual Rent: $1,400.00

Property History for 2888 Ala Ilima Street, Unit 1201

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2888 Ala Ilima Street, Unit 1201

Taxable ValueLand$18,600Additions$218,400Total$237,000
Tax Record2023$782 ($65 / month)
Home Facts
Beds0Baths1Total Finished SqFt300 SqFtAbove Grade Finished SqFt300 SqFtStories1StyleCondominiumYear Built1978ZoningA-2 APARTMENTCountyHONOLULUAPN1-1-1-062-024-0084

Schools near 2888 Ala Ilima Street, Unit 1201

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Salt Lake Elementary School
PublicPK to 6

Moanalua Middle School
Public7 to 8

Moanalua High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2888 Ala Ilima Street, Unit 1201 is a condo for sale in Honolulu, HI 96818. This property was listed for sale on November 27, 2024 by Top Property Management LLC, it's currently listed at $178,000. It has been on the market for a total of 6 days and was last sold on May 16, 2023. This listing's school district is Hawaii Department Of Education. Nearby schools include Salt Lake Elementary School, Moanalua Middle School and Moanalua High School. 2888 Ala Ilima Street, Unit 1201 is a 0-bed, 1-bath, 300 sqft condo built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Top Property Management LLC, Tiffany D Tu, License #RS-78444; Top Property Management LLC, Johnny Tu, License #RB-22858