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Five Regents #1901 (Salt Lake Honolulu & Moanalua)

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Photo 1 of 2888 Ala Ilima St #1901, Honolulu
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2888 Ala Ilima St #1901, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Kevin K Pedersen (RA)
RS-77808
Keller Williams Honolulu
Phone: (808) 596-2888

Description
Affordable and move-in ready studio condo in Salt Lake, Honolulu, perfect for first-time buyers or investors seeking steady rental potential. Enjoy the cool, breezy side of the building with recent updates in 2025 including new vinyl plank flooring, modern kitchen cabinets, and refrigerator. This low-cost entry opportunity features a long-term lease through 2078, offering excellent long-term value. Convenient central location near Salt Lake Shopping Center, dining, groceries, and easy freeway access in both directions. Pet-friendly building (buyer to verify). Great chance to own or invest in Honolulu real estate!
Recent Activity
  • Nov 13, 2025 Listed at $170,000
Recent Sales
(Five Regents)
  • #1307: Studio | 1 Ba @ $185K (12/4/25)
  • #806: Studio | 1 Ba @ $168K (10/10/25)
  • #1508: 1 Bd | 1 Ba @ $212K (10/6/25)
  • #2404: Studio | 1 Ba @ $175K (9/19/25)
  • #2108: 1 Bd | 1 Ba @ $180K (9/3/25)
  • #hidden: Studio | 1 Ba @ $185K (8/27/25)
  • #1201: Studio | 1 Ba @ $157K (7/11/25)
  • #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)
  • #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)
  • #2206: Studio | 1 Ba @ $150K (4/28/23)
  • #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)
  • #702: 1 Bd | 1 Ba @ $192K (7/7/21)
  • #504: Studio | 1 Ba @ $148K (7/7/21)
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.93
  • Price / ft²: $567
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Other Common Expenses, Sewer, Water
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone X
  • View: City, Mountain, Sunrise
  • Property Condition: Above Average
  • Owner Occupancy: 16%
  • Management Company: Touchstone Prop
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Association Pool, Community Laundry, Condo Association Pool, Meeting Room, Recreation Area, Recreation Room, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute
  • TMK: 1-1-1-62-24-168
  • Tax Assessed Land: $18,600
  • Tax Assessed Improvements: $232,800
  • Tax Assessed Total: $251,400
  • Courtesy: Keller Williams Honolulu / (808) 596-2888
  • MLS: 202525425
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 25, 2025.Information is deemed reliable but not guaranteed.
Other Five Regents Listings
Leasehold
$175,000
Save
Five Regents #2309
Studio | 1 Ba
300 ft²
Leasehold
$158,000
Save
Five Regents #1512
Studio | 1 Ba
300 ft²
Leasehold
$155,000
Save
Five Regents #910
Studio | 1 Ba
300 ft²
Leasehold
$189,000
Save
Five Regents #2809
Studio | 1 Ba
300 ft²
All Five Regents condos for sale »
Other Metro Honolulu Condos
Waikiki
$177,000
Save
Pacific Islander #403
Studio | 1 Ba
280 ft²
Waikiki
$158,000
Save
Pacific International #303
Studio | 1 Ba
215 ft²
Punchbowl
$189,000
Save
Queens Villa #203
1 Bd | 1 Ba
327 ft²
Ala Moana
$190,000
Save
Ala Moana Hotel Condo #2431
Studio | 1 Ba
297 ft²
Punchbowl
$190,000
Save
Ward Kinau #902
Studio | 1 Ba
290 ft²
Ala Moana
$150,000
Save
Atkinson Towers #806
2 Bds | 1 Ba
792 ft²
All Metro Honolulu condos for sale »
  • Asking Price: $170,000
Description
Affordable and move-in ready studio condo in Salt Lake, Honolulu, perfect for first-time buyers or investors seeking steady rental potential. Enjoy the cool, breezy side of the building with recent updates in 2025 including new vinyl plank flooring, modern kitchen cabinets, and refrigerator. This low-cost entry opportunity features a long-term lease through 2078, offering excellent long-term value. Convenient central location near Salt Lake Shopping Center, dining, groceries, and easy freeway access in both directions. Pet-friendly building (buyer to verify). Great chance to own or invest in Honolulu real estate!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 25, 2025.Information is deemed reliable but not guaranteed.
    • Nov 13, 2025 Listed at $170,000
    Other Five Regents Listings
    Leasehold
    $175,000
    Save
    Five Regents #2309
    Studio | 1 Ba
    300 ft²
    Leasehold
    $158,000
    Save
    Five Regents #1512
    Studio | 1 Ba
    300 ft²
    Leasehold
    $155,000
    Save
    Five Regents #910
    Studio | 1 Ba
    300 ft²
    Leasehold
    $189,000
    Save
    Five Regents #2809
    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.