Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202506342 $206,000
Studio with 1 Bath2888 ALA ILIMA STREET 2103
HONOLULU HI 96818MLS: 202506342
Status: ACTIVE
List Price: $206,000
Price per SQFT: $687
Square Footage: 300Studio
1 Bath
Year Built: 1978
Zip Code: 96818
Listing Remarks
An Unbeatable Opportunity – Fixed Land Lease Until 2078! Imagine owning a beautifully renovated studio with a fixed land lease of just $48.00 per month until March 2078—yes, that means no increases for the next 56 years! Whether you're a first-time homebuyer or looking to jumpstart your investment portfolio, this move-in-ready unit offers incredible value. Step inside to find a modern living space featuring brand-new cabinets, sleek quartz countertops, and updated appliances. The bathroom has been transformed with floor-to-ceiling tile, a stylish walk-in shower, and a matching quartz vanity top. Throughout the unit, durable ceramic tile flooring replaces outdated finishes, and the popcorn ceiling has been removed for a fresh, contemporary feel. Positioned to face north-northeast, this unit welcomes cool trade winds, eliminating the need for excessive air conditioning while offering breathtaking views of the Honolulu Country Club golf course, canal, and surrounding mountain range. The building is packed with top-tier amenities, including a pool, basketball and tennis courts, sauna, BBQ area, recreation space, meeting room, guest parking, and 24-hour security.
Address: 2888 ALA ILIMA STREET 2103 HONOLULU HI 96818
Listing Courtesy of JEFFREY SAMUELS REALTY
Community: FIVE REGENTS ... Listing 3 of 8
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Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2025-03-06 AREA: METRO BEDROOMS: 0 BATHROOMS FULL: 1 BATHROOMS HALF: 0 LIVING AREA SQ FT: 300 BUILDING AREA TOTAL: 300 YEAR BUILT: 1978 TAXES: $840 HOA INCLUDES: None, Sewer, Water HOA AMENITIES: Management ARCHITECTURAL STYLE: HighRise BUILDING NAME: Five Regents CONSTRUCTION: HollowTile, Concrete COMMUNITY FEATURES: Barbecue, CommunityPool, DeckPorch, LaundryFacilities, Patio, Pool, RecreationArea, Sauna, TrashChute FLOORING: CeramicTile, Other PARKING FEATURES: Assigned, Covered, OneSpace PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium VIEW: Mountains, Other, Sunset LISTING AGENT: JEFFREY N SAMUELS LISTING OFFICE: JEFFREY SAMUELS REALTY LISTING CONTACT: (808) 221-0557
Estimated Monthly Payments
List Price: $206,000 20% Down Payment: $41,200 Loan Amount: $164,800 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,042 Estimate does not include taxes, fees, insurance.
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Property Location: 2888 ALA ILIMA STREET 2103 HONOLULU HI 96818
This Listing
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Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
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Last Updated: 2025-03-31