Oahu Condo For Sale: MLS# 201925819

Island Colony #1005 for Sale at $200,000 Leasehold

This Wonderful Oahu Condo includes:

  • Leasehold Land Tenure
  • studio bedroom + 1 bathroom
  • Built in 1979
  • Above Average Condition
  • On the market for only 9 days
  • 302 Sq.Ft. of interior living area
  • 116 Sq.Ft. lanai included
  • Swimming pool
  • A relaxing sauna
  • A BBQ for grilling year round
  • Exercise room (So Convenient!)
  • And a Concierge for your every need.
  • Estimated monthly running costs are $696.18
  • Estimated Maintenance Per SqFt is $2.31
  • Fully furnished and ready for you to move in!

This Investment Unit Is in the Skyline at Island Colony Hotel Pool Program and Enjoys Equal Distribution of Income Across All Studio Units in the Pool. Well Maintained and Furnished Per Island Colony Standards, You Can Choose to Keep It in the Pool; Self-Manage Short Term Rentals Under the Island Colony License Agreement; Self-Manage 30+ Day Rentals; Use as a Second Home; or Live in It Year Round! Features a Large Lanai in a Secure and Popular Building; and an Excellent Central Location Near International Marketplace, Many Other Restaurants and Shops, and Waikiki Beaches! Leasehold Fee Is Available and Estimated up to 9/30/19. Buyer to Verify Lease Info; Rental Programs, Rates and Rules. Listing information courtesy of Coldwell Banker Pacific Prop..


Item Details (Information deemed reliable, but not guaranteed.)
List Price $200,000.00 USD
Land Tenure LH - Leasehold (Your rent the land underneath.)
Lessor Name AOAO Island
Lease Expiration January, 2044 (in 24 years)
Lessor Name AOAO Island
Lease Renegotiation December, 2024 (in 5 years)
Lease Fee Purchase $60,801.00 USD
Lease Fee Rent $173.00 USD / Month
Maintenance $411.00 USD / Month
Association Fees $585.00 USD / Month
Includes Electricity, Hot Water, Other Common Expenses, Sewer, Water
$174.00 USD : Includes Lease Rent, Other Common Expenses
Tax Amount $285.18 USD / Month
Tax Assessed Value $246,200.00 USD
Tax Assessed Value Improvements $202,200.00 USD
Tax Assessed Value Land $44,000.00 USD
Tax Year 2019

Unit Features

Item Details
Bedrooms studio
Full Bathrooms 1
Interior Living Area 302 ft2 [28m2]
Open Lanai Area 116 ft2 [11m2]
Total Area 418 ft2 [39m2]
Year Built 1979
Inclusions AC Window Unit, Drapes, Microwave, Other, Refrigerator, Smoke Detector
Flooring Ceramic Tile, W/W Carpet
Furnished Yes
Parking Spaces 0
Parking Type None
Property Condition Above Average
Special Features Central AC, Odd# Unit, Single Level
Views None

Building Features

Item Details
Building Name Island Colony
Amenities BBQ, Community Laundry, Concierge, Doorman, Exercise Room, Meeting Room, Patio/Deck, Pool, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute
Architectural Style Condotel, High-Rise 7+ Stories
Condo Parking Unit N/A
Construction Materials Concrete
Elevators 4
Management Company Hawaiiana (tel. 8085939100)
Owner Occupancy 10%
Pets Allowed Yes
Property Frontage Other
Security Card, Security Patrol, Video
Stories 21+


Item Details
Neighborhood Waikiki in Honolulu
Zip Code 96815
Association Community Name AOAO Island
Zoning 12 - A-2 Medium Density Apartme
Flood Zone Zone AE



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
    (Currently, it's Wednesday, 2:25 AM in Hawaii.)
  • Or fill out the form.

By submitting any form on this site with your contact information including your name, telephone number, fax number, address and/or e-mail address, you are consenting for Sachiko Trillo or her authorized representatives to contact you even if your name is on the Federal or State "Do Not Call Lists". Your information will be kept strictly confidential and will never be sold, traded, or bartered.

Sachiko Trillo, Realtor

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