Long leasehold through 2078 with a fixed lease rent of just $48/month through the year 2078. Excellent opportunity for a first-time buyer, investor, or convenient Oahu retreat at an affordable price point. This comfortable and well-maintained studio is located on the 16th floor of the popular Five Regents and offers mountain and city views from a large picture window. The kitchen and bathroom have been updated. Five regents feature a wide range of amenities, including a swimming pool, tennis court, BBQ area, recreation and meeting rooms, community laundry, resident manager, ample guest parking, and 24-hour security. Centrally located in Salt Lake with easy access to Tripler Army Medical Center, Pearl Harbor, the airport, Downtown Honolulu and Salt Lake Shopping Center. The current tenant's lease runs through July 2026, and the tenant would like to stay. Current rent is $1,650/month.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Garage and Parking
- Parking Features: Covered, One Space
- Parking Total: 1
Home Features
- View: City, Sunset
- Security Features: Closed Circuit Camera(s), Key Card Entry, Security Guard
School Information
- Elementary School: Salt Lake
- High School: Moanalua
- Middle School: Moanalua
Homeowners Association
- Association Amenities: Management
- Association Fee Includes: Common Areas, Sewer, Water
- Maintenance Expense: 531.92
- Pets Allowed: Call
Rental Info
- Lease Amount: 48
- Lease Expiration: 2078-03-31
Amenities and Community Features
- Community Features: Barbecue, Community Pool, Laundry Facilities, Sauna, Tennis Court(s), Trash Chute
Other Property Info
- Annual Tax Amount: 876
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit,Disposal,Drapes,Intercom,Microwave,Range/Oven,Refrigerator,Smoke Detector
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: SALT LAKE
- Parcel Number: 1-1-1-062-024-0138
- Postal City: Honolulu
- Subdivision: SALT LAKE
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 300
- Year Built: 1978
- Building Area Total: 300
- Building Name: Five Regents
- Construction Materials: Concrete
- Entry Level: 16
- Property Age: 48
- Property Condition: Excellent, Good Condition, Updated/Remodeled
- Year Built Effective: 2025
- Architectural Style: High Rise