Oahu Condo For Sale: MLS# 201913889

Island Colony #1018 for Sale at $169,000 Leasehold

This Sensational Oahu Condo includes:

  • Leasehold Land Tenure
  • studio bedroom + 1 bathroom
  • Built in 1979
  • Average, Fair Condition
  • On the market for 132 days
  • 313 Sq.Ft. of interior living area
  • 104 Sq.Ft. lanai included
  • Swimming pool
  • A relaxing sauna
  • A BBQ for grilling year round
  • Estimated monthly running costs are $400.58
  • Estimated Maintenance Per SqFt is $1.28
  • Fully furnished and ready for you to move in!

Opportunity Awaits You at This Condohotel Called Island Colony. Enjoy the Unit While in Hawaii or Rent Out When the Unit Is Not Occupied, Please Check With Hotel Management About Entering the Hotel Pool. the Large Balcony (lanai) Offers You Enough Room to Put Out Chairs and Enjoy a Cup of Coffee Before Starting the Day. This Location Cannot Be Beat! Located Between Kuhio Ave. & Ala Wai Blvd. It's a Shoppers Paradise Close to All Name Brand Stores or Stop to Eat at Any of the Amazing Restaurants in Waikiki. Priced for a Quick Sale, Listing Price Reflects Unit Condition. Unit to Be Sold "as Is" in Its Entirety, Seller Not to Provide Any Credits or Concessions. Please Note This Is a Leasehold Property, the Fee Purchase Is Available but Is Strictly an Estimate. Buyer to Confirm With Lessor. Listing information courtesy of Island Pacific Real Estate LLC.


Item Details (Information deemed reliable, but not guaranteed.)
List Price $169,000.00 USD
Land Tenure LH - Leasehold (Your rent the land underneath.)
Lessor Name AOAO Island Colony
Lease Expiration December, 2044 (in 25 years)
Lessor Name AOAO Island Colony
Lease Renegotiation January, 2025 (in 5 years)
Lease Fee Purchase $59,000.00 USD
Lease Fee Rent $173.00 USD / Month
Maintenance $330.00 USD / Month
Association Fees $411.00 USD / Month
Includes Cable TV, Other Common Expenses, Sewer, Water
$81.00 USD : Includes Lease Rent, Other Common Expenses
Tax Amount $70.58 USD / Month
Tax Assessed Value $242,000.00 USD
Tax Assessed Value Improvements $198,000.00 USD
Tax Assessed Value Land $44,000.00 USD
Tax Year 2019

Unit Features

Item Details
Bedrooms studio
Full Bathrooms 1
Interior Living Area 313 ft2 [29m2]
Open Lanai Area 104 ft2 [10m2]
Total Area 417 ft2 [39m2]
Year Built 1979
Inclusions AC Window Unit, Cable TV, Drapes, Refrigerator, Smoke Detector
Flooring Laminate, W/W Carpet
Furnished Yes
Parking Spaces 0
Parking Type None
Property Condition Average,Fair
Special Features Even# Unit
Views City, Marina/Canal, Mountain

Building Features

Item Details
Building Name Island Colony
Amenities BBQ, Community Laundry, Pool, Recreation Area, Resident Manager, Sauna, Security Guard
Architectural Style High-Rise 7+ Stories
Construction Materials Concrete
Management Company Hawaiiana Management (tel. 5939100)
Owner Occupancy 10%
Pets Allowed Yes
Security Key, Keyed Elevator, Security Patrol
Stories 21+


Item Details
Neighborhood Waikiki in Honolulu
Zip Code 96815
Zoning X2 - Apartment Precinct
Flood Zone Zone AE



Contact Request

e.g.: 1-808-123-4567
Purchased or sold real estate before?

Hi, I'm Sachiko Trillo, Realtor.

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Sachiko Trillo, Realtor

Aloha, my name is Sachiko Trillo, your friendly Oahu Realtor. I specialize in sensational vacation homes, and dependable investment properties. I'd be more than happy to personally show you some Oahu Real Estate that fits your needs. Call me today, because life is too short to wait.

Blue Bunny Hawaii Realty LLC
600 Ala Moana Blvd., #3608, Honolulu, HI 96813 USA
Cell: 1.808.369.9867
Fax: 1.808.564.0083