Five Regents #1508 | 2888 Ala Ilima St #1508

Asking Price: $240,000
Beds: 1
Baths: 1
Living: 350 ft²
Tenure:Leasehold ?
Leasehold Expiry: 03/31/78
Lease Rent: $ 57 / month
Built: 1978
Parking: 1
Maint. (HOA) Fees: $549 / month
Property Taxes: $76 / month ?
Est. Mortgage: 0 $1,151 / mo - adjust loan
Time Listed for Sale: 12 days
Status Active
Buy without visiting ?
All Five Regents condos for sale »
All Salt Lake Honolulu & Moanalua condos for sale »

2888 Ala Ilima St #1508, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Armi Oliver Harper (RA)
RS-60796
Harper Island Realty LLC
Phone: (808) 397-9894

Description

Discover your new sanctuary at #1508 Five Regents! This beautifully remodeled 1/1 unit features elegant laminate flooring & sleek granite countertops, with/ a remarkably low lease rent of just $57 per month, fixed until March 31, 2078. Ideal for first-time buyers, busy professionals, and investors, it offers one covered parking space & additional guest parking, great amenities! Situated in the heart of Honolulu within the sought-after Moanalua school district, this location provides easy access to Pearl Ridge, downtown Honolulu, Camp Smith, and quick commutes to Waikiki, Ala Moana Center, Diamond Head, etc. Enjoy the perfect blend of affordability and convenience—your dream home awaits!

Recent Activity

May 08, 2025 Listed at $240,000
Feb 19, 2020 Sold for $200,000
Jan 21, 2020 Under Contract
Dec 17, 2019 Listed at $218,000

Recent Sales
(Five Regents)

#2808: 1 Bd | 1 Ba @ $210K (5/5/25)
#1408: 1 Bd | 1 Ba @ $200K (4/3/25)
#904: Studio | 1 Ba @ $170K (1/3/25)
#2711: 1 Bd | 1 Ba @ $205K (9/9/24)
#2209: Studio | 1 Ba @ $165K (7/18/24)
#2906: Studio | 1 Ba @ $189K (4/1/24)
#1507: Studio | 1 Ba @ $180K (2/22/24)
#1904: Studio | 1 Ba @ $180K (12/27/23)
#604: Studio | 1 Ba @ $173K (11/14/23)
#1908: 1 Bd | 1 Ba @ $215K (11/8/23)

+Show more recently sold

#908: 1 Bd | 1 Ba @ $207K (10/6/23)
#1403: Studio | 1 Ba @ $165K (8/14/23)
#1005: 1 Bd | 1 Ba @ $185K (8/8/23)
#1606: Studio | 1 Ba @ $180K (6/22/23)
#1201: Studio | 1 Ba @ $161K (5/16/23)
#2206: Studio | 1 Ba @ $150K (4/28/23)
#1307: Studio | 1 Ba @ $180K (4/10/23)
#1208: 1 Bd | 1 Ba @ $206K (2/22/23)
#909: Studio | 1 Ba @ $155K (1/11/23)
#2805: 1 Bd | 1 Ba @ $215K (9/12/22)
#1607: Studio | 1 Ba @ $160K (8/12/22)
#2608: 1 Bd | 1 Ba @ $215K (6/29/22)
#2310: Studio | 1 Ba @ $162K (6/27/22)
#601: Studio | 1 Ba @ $150K (6/24/22)
#2011: 1 Bd | 1 Ba @ $211K (6/24/22)
#1404: Studio | 1 Ba @ $160K (6/21/22)
#2512: Studio | 1 Ba @ $170K (6/9/22)
#2910: Studio | 1 Ba @ $165K (5/31/22)
#1808: 1 Bd | 1 Ba @ $220K (5/13/22)
#2106: Studio | 1 Ba @ $142K (4/22/22)
#2302: 1 Bd | 1 Ba @ $200K (4/20/22)
#2911: 1 Bd | 1 Ba @ $180K (2/17/22)
#911: 1 Bd | 1 Ba @ $195K (2/3/22)
#1712: Studio | 1 Ba @ $165K (12/23/21)
#1701: Studio | 1 Ba @ $165K (11/19/21)
#903: Studio | 1 Ba @ $170K (11/10/21)
#1303: Studio | 1 Ba @ $165K (10/29/21)
#2905: 1 Bd | 1 Ba @ $185K (10/18/21)
#611: 1 Bd | 1 Ba @ $180K (10/4/21)
#1706: Studio | 1 Ba @ $150K (9/29/21)
#1103: Studio | 1 Ba @ $149K (8/31/21)
#1207: Studio | 1 Ba @ $165K (8/13/21)
#2712: Studio | 1 Ba @ $165K (7/12/21)
#2108: 1 Bd | 1 Ba @ $195K (7/7/21)
#702: 1 Bd | 1 Ba @ $192K (7/7/21)
#504: Studio | 1 Ba @ $148K (7/7/21)
#Unit 703: Studio | 1 Ba @ $145K (5/20/21)
#2610: Studio | 1 Ba @ $155K (5/14/21)
#2406: Studio | 1 Ba @ $145K (4/30/21)
#1006: Studio | 1 Ba @ $163K (4/12/21)

Blog

More Details

Owner, Tax & Resale History
HOA Fees / ft²: $1.57
Price / ft²: $686
Other Condos Price / ft²
Cash vs Financing Buyers
HOA Fees Include: Other Common Expenses, Sewer, Water
Year Remodeled: 2020
Zoning: 12 - A-2 Medium Density Apartme
Flood Zone: Zone X
View: Ocean, Sunset
Furnished: Partial
Property Condition: Above Average
Owner Occupancy: 20%
Management Company: Touchstone
Security Features: Key, Keyed Elevator, Security Patrol
Amenities: BBQ, Community Association Pool, Community Laundry, Meeting Room, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard
TMK: 1-1-1-62-24-127
Tax Assessed Land: $21,700
Tax Assessed Improvements: $237,700
Tax Assessed Total: $259,400
Courtesy: Harper Island Realty LLC / (808) 397-9894
MLS: 202511756

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 20, 2025.Information is deemed reliable but not guaranteed.

Other Five Regents Listings

Map

Leasehold

$218,000

Five Regents #1511

1 Bd | 1 Ba
350 ft²

Map

Leasehold

$208,500

Five Regents #1606

Studio | 1 Ba
300 ft²

Map

Leasehold

$206,000

Five Regents #2103

Studio | 1 Ba
300 ft²

Map

Leasehold

$179,000

Five Regents #2404

Studio | 1 Ba
300 ft²

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Asking Price: $240,000

Description

More Details

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 20, 2025.Information is deemed reliable but not guaranteed.

Recent Activity

May 08, 2025 Listed at $240,000
Feb 19, 2020 Sold for $200,000
Jan 21, 2020 Under Contract
Dec 17, 2019 Listed at $218,000

Blog

Other Five Regents Listings

Map

Leasehold

$218,000

Five Regents #1511

1 Bd | 1 Ba
350 ft²

Map

Leasehold

$208,500

Five Regents #1606

Studio | 1 Ba
300 ft²

Map

Leasehold

$206,000

Five Regents #2103

Studio | 1 Ba
300 ft²

Map

Leasehold

$179,000

Five Regents #2404

Studio | 1 Ba
300 ft²

You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Leasehold Expiry: 03/31/78

Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.

We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.

Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.

We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.

Other fees could be a special assessment, reserve contributions etc.

DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.

Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.

Learn about property tax rates.

Property Taxes	$ 76 / month
Maint Fees	$ 549 / month

Total

Five Regents #1508 (Salt Lake Honolulu & Moanalua)

2888 Ala Ilima St #1508, Honolulu