Hawaii Living

Five Regents #806 (Salt Lake Honolulu & Moanalua)

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Photo 1 of 2888 Ala Ilima St #806, Honolulu

2888 Ala Ilima St #806, Honolulu

Description
Cute and affordable! Don't miss this opportunity to own a well-maintained unit in the desirable Five Regents high-rise, located in the heart of Salt Lake. This studio features an efficient floor plan, large windows with city and mountain views, and cool cross-breezes for year-round comfort, or use your AC to keep cool. Move-in ready condition and renovated. Perfect for first-time buyers, investors, or those looking to downsize. Enjoy a plethora of amenities including a pool, tennis court, basketball court, BBQ area, sauna, on-site resident manager and 24-hour security. The building also offers ample guest parking and laundry facilities. With low maintenance fees that includes water, sewer, and amenities, Five Regents offers unbeatable value. It's a Leasehold property but the lease doesn't expire until 2078 - what a great buy for under $200,000! Conveniently located near H1 freeway access, Tripler Hospital, Pearl Harbor, Hickam, Salt Lake Shopping Center, the airport, and more — this is island living with city convenience! Vacant and easy to see - schedule a showing today!
Past Activity
  • Oct 10, 2025 Sold for $168,000
  • Sep 04, 2025 Under Contract
  • Jul 22, 2025 Price $175,000
  • Jun 24, 2025 Listed at $199,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.93
  • Price / ft²: $560
  • 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
  • Elementary School: Salt Lake
  • Middle School: Moanalua
  • High School: Moanalua
  • View: City, Golf Course, Mountain, Sunset
  • Furnished: Partial
  • Property Condition: Excellent,Above Average
  • Owner Occupancy: 16%
  • Management Company: Touchstone
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Meeting Room, Pool on Property, Recreation Room, Resident Manager, Sauna, Security Guard, Tennis Court
  • TMK: 1-1-1-62-24-41
  • Tax Assessed Land: $18,600
  • Tax Assessed Improvements: $227,800
  • Tax Assessed Total: $246,400
  • Courtesy: Coldwell Banker Realty / (808) 676-7200
  • MLS: 202514546
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 20, 2025.Information is deemed reliable but not guaranteed.
Other Five Regents Listings
Leasehold
$175,000
Five Regents #2309
Studio | 1 Ba
300 ft²
Leasehold
$170,000
Five Regents #1901
Studio | 1 Ba
300 ft²
Leasehold
$189,000
Five Regents #2809
Studio | 1 Ba
300 ft²
Leasehold
$158,000
Five Regents #1512
Studio | 1 Ba
300 ft²
Other Metro Honolulu Condos
Waikiki
$177,000
Pacific Islander #403
Studio | 1 Ba
280 ft²
Punchbowl
$189,000
Queens Villa #203
1 Bd | 1 Ba
327 ft²
Makiki
$189,000
Punahou Gardens Apts #A713
Studio | 1 Ba
360 ft²
Punchbowl
$190,000
Ward Kinau #902
Studio | 1 Ba
290 ft²
Waikiki
$158,000
Pacific International #303
Studio | 1 Ba
215 ft²
Ala Moana
$198,000
Ala Moana Hotel Condo #1205
Studio | 1 Ba
297 ft²
  • Sold 10/10/25 at $168,000
    (List Price: $175,000)
Description
Cute and affordable! Don't miss this opportunity to own a well-maintained unit in the desirable Five Regents high-rise, located in the heart of Salt Lake. This studio features an efficient floor plan, large windows with city and mountain views, and cool cross-breezes for year-round comfort, or use your AC to keep cool. Move-in ready condition and renovated. Perfect for first-time buyers, investors, or those looking to downsize. Enjoy a plethora of amenities including a pool, tennis court, basketball court, BBQ area, sauna, on-site resident manager and 24-hour security. The building also offers ample guest parking and laundry facilities. With low maintenance fees that includes water, sewer, and amenities, Five Regents offers unbeatable value. It's a Leasehold property but the lease doesn't expire until 2078 - what a great buy for under $200,000! Conveniently located near H1 freeway access, Tripler Hospital, Pearl Harbor, Hickam, Salt Lake Shopping Center, the airport, and more — this is island living with city convenience! Vacant and easy to see - schedule a showing today!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 20, 2025.Information is deemed reliable but not guaranteed.
    • Oct 10, 2025 Sold for $168,000
    • Sep 04, 2025 Under Contract
    • Jul 22, 2025 Price $175,000
    • Jun 24, 2025 Listed at $199,000
    Other Five Regents Listings
    Leasehold
    $175,000
    Five Regents #2309
    Studio | 1 Ba
    300 ft²
    Leasehold
    $170,000
    Five Regents #1901
    Studio | 1 Ba
    300 ft²
    Leasehold
    $189,000
    Five Regents #2809
    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.