Oahu Condo For Sale: MLS# 201915472

Island Colony #2303 for Sale at $218,000 Leasehold

This Marvelous Oahu Condo includes:

  • Leasehold Land Tenure
  • studio bedroom + 1 bathroom
  • Built in 1979
  • Excellent Condition
  • On the market for 105 days
  • remodeled in 2017
  • 331 Sq.Ft. of interior living area
  • 65 Sq.Ft. lanai included
  • Marvelous Ocean view included!
  • Swimming pool
  • A relaxing sauna
  • A BBQ for grilling year round
  • Exercise room (So Convenient!)
  • Estimated monthly running costs are $401.00
  • Estimated Maintenance Per SqFt is $1.21
  • Fully furnished and ready for you to move in!

Vacant, Easy to Show! Beautifully Upgraded and Fully Furnished Lodging Unit Is Ready for a Tenant or for Your Island Home. This Highly Desired East Facing Unit Is High Enough to Enjoy Sunrise and Some Ocean View. Island Colony Is Conveniently Located in the Heart of Waikiki, Close to Newly Opened International Market Place, Variety of Restaurants, Shopping, Bus and Trolley Stops, and World-Famous Waikiki Beach. the Condo Features Swimming Pool, Sauna, Whirlpool, Exercise Room, Bbq Area Amenities, Coffee Shop in the Lobby and 24-Hour Security With Keyed Elevator. Paid Parking Is Available in the Building. This Is a Leasehold Unit and the Fee Is Available to Purchase. Call for Showing Today! Listing information courtesy of Locations LLC.


Item Details (Information deemed reliable, but not guaranteed.)
List Price $218,000.00 USD
Land Tenure LH - Leasehold (Your rent the land underneath.)
Lessor Name AOAO of Island
Lease Expiration December, 1944 (in -74 years)
Lessor Name AOAO of Island
Lease Renegotiation December, 2024 (in 5 years)
Lease Fee Purchase $58,670.00 USD
Lease Fee Rent $173.00 USD / Month
Maintenance $330.00 USD / Month
Association Fees $412.00 USD / Month
Includes Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
$82.00 USD :
Tax Amount $71.00 USD / Month
Tax Assessed Value $250,800.00 USD
Tax Assessed Value Improvements $206,800.00 USD
Tax Assessed Value Land $44,000.00 USD
Tax Year 2019

Unit Features

Item Details
Bedrooms studio
Full Bathrooms 1
Interior Living Area 331 ft2 [31m2]
Open Lanai Area 65 ft2 [6m2]
Total Area 396 ft2 [37m2]
Year Built 1979
Remodel Year 2017
Remodel Type Full
Inclusions AC Window Unit, Cable TV, Drapes, Kitchenware, Linens, Microwave, Refrigerator, Smoke Detector
Flooring Ceramic Tile, Laminate
Furnished Yes
Parking Spaces 0
Parking Type None
Property Condition Excellent
Special Features Odd# Unit, Single Level
Views City, Coastline, Golf Course, Marina/Canal, Mountain, Ocean, Sunrise

Building Features

Item Details
Building Name Island Colony
Amenities BBQ, Community Laundry, Exercise Room, Other, Patio/Deck, Pool, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
Architectural Style Condotel, High-Rise 7+ Stories
Condo Parking Unit none
Construction Materials Concrete
Management Company Hawaiiana Man (tel. 808593-9100)
Owner Occupancy 10%
Pets Allowed Yes
Property Frontage Ocean
Security Card, Key, Keyed Elevator, Security Patrol, Video
Stories 21+


Item Details
Neighborhood Waikiki in Honolulu
Zip Code 96815
Zoning X2 - Apartment Precinct
Flood Zone Zone AE
Elementary School Jefferson
Middle School Washington
High School Kaimuki



Contact Request

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

Hi, I'm Sachiko Trillo, Realtor.

The idea of buying Oahu real estate can be overwhelming at times. I completely understand! That's why, as your Realtor, I will:

  1. Take time to Listen carefully to you about your ideal home or condo.
  2. Thoroughly research and pin-point the perfect Oahu property.
  3. Guide you, step-by-step, through the entire purchase process.

So, let's get started!

  • Call me at 1.808.369.9867
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Sachiko Trillo, Realtor

Aloha, my name is Sachiko Trillo, your friendly Oahu Realtor. I specialize in marvelous 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