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 2078yes, 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 Throughout the unit, durable ceramic tile flooring replaces outdated finishes, and the popcorn ceiling has been removed for a fresh, contemporary feel.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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Land Info
- Lot Size Acres: 1.1510102
- Lot Size Square Feet: 50138
Garage and Parking
- Parking Features: Assigned, Covered, One Space
- Parking Total: 1
Home Features
- View: Mountain(s), Sunset
- Security Features: Security Guard
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Sewer, Water
- Maintenance Expense: 470.24
Rental Info
- Lease Amount: 48
- Lease Expiration: 2078-03-31
Amenities and Community Features
- Community Features: Barbecue, Community Pool, Deck/Porch, Laundry Facilities, Patio, Pool, Recreation Area, Sauna, Trash Chute
Other Property Info
- Annual Tax Amount: 840.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit, Cable TV, Ceiling Fan, Range Hood, Refrigerator, Smoke Detector
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: SALT LAKE
- Parcel Number: 1-1-1-062-024-0194
- Postal City: Honolulu
- Subdivision: SALT LAKE
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 300
- Year Built: 1978
- Building Area Total: 300
- Building Name: Five Regents
- Construction Materials: Hollow Tile, Concrete
- Entry Level: 21
- Levels: One
- Property Age: 47
- Property Condition: Excellent
- House Style: High Rise
- Total Area Sqft: 300
- Architectural Style: High Rise