Hawaii Living

Five Regents #2805 (Salt Lake Honolulu & Moanalua)

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Photo 1 of 2888 Ala Ilima St #2805, Honolulu

2888 Ala Ilima St #2805, Honolulu

Description
Larger corner end unit with expensive mountain and partial ocean views with TWO covered compact tandem parking stalls. Enjoy cool cross breezes and amenities such as swimming pool, tennis court, community laundry, and security guard. Leasehold term fixed until March 31, 2078 (55 year approx.), providing a long opportunity to live in or rent out the unit. FIVE REGENTS is conveniently located close to freeway access, Honolulu International Airport and military base installations. Pets allowed (verify). Currently, rented for $1,775 on Section 8 month-to-month tenancy.
Past Activity
  • Sep 12, 2022 Sold for $215,000
  • Aug 23, 2022 Under Contract
  • Jul 29, 2022 Back to Active
  • Jul 20, 2022 Under Contract
  • Jun 27, 2022 Listed at $225,000
  • Sep 03, 2016 Sold for $189,500
  • Jul 20, 2016 Under Contract
  • Jul 12, 2016 Listed at $189,500
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.28
  • Price / ft²: $614
  • 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: Coastline, Mountain, Ocean
  • Furnished: Partial
  • Property Condition: Above Average
  • Owner Occupancy: 16%
  • Management Company: Touchstone
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Meeting Room, Pool on Property, Sauna, Security Guard
  • TMK: 1-1-1-62-24-280
  • Tax Assessed Land: $21,100
  • Tax Assessed Improvements: $214,300
  • Tax Assessed Total: $235,400
  • Courtesy: Coldwell Banker Realty
  • MLS: 202212347
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
Other Five Regents Listings
Leasehold
$220,000
Five Regents #611
1 Bd | 1 Ba
350 ft²
Leasehold
$175,000
Five Regents #2309
Studio | 1 Ba
300 ft²
Leasehold
$170,000
Five Regents #1901
Studio | 1 Ba
300 ft²
Leasehold
$158,000
Five Regents #1512
Studio | 1 Ba
300 ft²
Other Metro Honolulu Condos
Salt Lake Honolulu & Moanalua
$295,000
Harbour Ridge #1814
Studio | 1 Ba
391 ft²
Salt Lake Honolulu & Moanalua
$299,000
Plaza Landmark #2408
Studio | 1 Ba
325 ft²
Salt Lake Honolulu & Moanalua
$299,000
Likini West #505
1 Bd | 1 Ba
625 ft²
Kapiolani
$225,000
Waialae Place #306
1 Bd | 1 Ba
445 ft²
Makiki
$228,000
Rose Terrace #804
1 Bd | 1 Ba
563 ft²
Kapiolani
$240,000
Hale Hoaloha #703
1 Bd | 1 Ba
395 ft²
  • Sold 9/12/22 at $215,000
    (List Price: $225,000)
Description
Larger corner end unit with expensive mountain and partial ocean views with TWO covered compact tandem parking stalls. Enjoy cool cross breezes and amenities such as swimming pool, tennis court, community laundry, and security guard. Leasehold term fixed until March 31, 2078 (55 year approx.), providing a long opportunity to live in or rent out the unit. FIVE REGENTS is conveniently located close to freeway access, Honolulu International Airport and military base installations. Pets allowed (verify). Currently, rented for $1,775 on Section 8 month-to-month tenancy.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
    • Sep 12, 2022 Sold for $215,000
    • Aug 23, 2022 Under Contract
    • Jul 29, 2022 Back to Active
    • Jul 20, 2022 Under Contract
    • Jun 27, 2022 Listed at $225,000
    • Sep 03, 2016 Sold for $189,500
    • Jul 20, 2016 Under Contract
    • Jul 12, 2016 Listed at $189,500
    Other Five Regents Listings
    Leasehold
    $220,000
    Five Regents #611
    1 Bd | 1 Ba
    350 ft²
    Leasehold
    $175,000
    Five Regents #2309
    Studio | 1 Ba
    300 ft²
    Leasehold
    $170,000
    Five Regents #1901
    Studio | 1 Ba
    300 ft²
    Leasehold
    $158,000
    Five Regents #1512
    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.