Hawaii Living

Five Regents #Unit 703 (Salt Lake Honolulu & Moanalua)

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Photo 1 of 2888 Ala Ilima St #Unit 703, Honolulu

2888 Ala Ilima St #Unit 703, Honolulu

Description
Perfect for first time home buyer or investor. Leasehold property like fee simple (long lease - till 2078; low fixed rent of $47.00/mo.). Well maintained. Newly painted. New toilet and heater. Low maintenance fee includes security, resident manager, amenities like pool, sauna, party/meeting room, barbecue area, dance floor, basketball court, laundromat. Since unit is on cool side of building you'll spend less on electricity during warm months. Convenient. Close to airport, military bases, shopping, eateries, freeway and bus stop.
Past Activity
  • May 26, 2021 Sold for $145,000
  • Apr 09, 2021 Under Contract
  • Apr 05, 2021 Listed at $147,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.26
  • Price / ft²: $483
  • 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: Mountain
  • Furnished: Partial
  • Property Condition: Above Average
  • Owner Occupancy: 17%
  • Management Company: Touchstone Properties
  • Security Features: Key
  • Amenities: BBQ, Community Laundry, Meeting Room, Other, Pool on Property, Recreation Room, Resident Manager, Sauna, Security Guard, Tennis Court, Walking/Jogging Path
  • TMK: 1-1-1-62-24-26
  • Tax Assessed Land: $17,300
  • Tax Assessed Improvements: $194,700
  • Tax Assessed Total: $212,000
  • Courtesy: INET Realty
  • MLS: 202108335
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 26, 2025.Information is deemed reliable but not guaranteed.
Other Five Regents Listings
Leasehold
$158,000
Five Regents #1512
Studio | 1 Ba
300 ft²
Leasehold
$170,000
Five Regents #1901
Studio | 1 Ba
300 ft²
Leasehold
$175,000
Five Regents #2309
Studio | 1 Ba
300 ft²
Leasehold
$189,000
Five Regents #2809
Studio | 1 Ba
300 ft²
Other Metro Honolulu Condos
Ala Moana
$150,000
Atkinson Towers #806
2 Bds | 1 Ba
792 ft²
Waikiki
$158,000
Pacific International #303
Studio | 1 Ba
215 ft²
Ala Moana
$160,000
Ala Moana Hotel Condo #1360
Studio | 1 Ba
246 ft²
Waikiki
$168,000
Pacific Islander #402
Studio | 1 Ba
198 ft²
Metro Honolulu
Waikiki
$177,000
Pacific Islander #403
Studio | 1 Ba
280 ft²
  • Sold 5/20/21 at $145,000
    (List Price: $147,000)
Description
Perfect for first time home buyer or investor. Leasehold property like fee simple (long lease - till 2078; low fixed rent of $47.00/mo.). Well maintained. Newly painted. New toilet and heater. Low maintenance fee includes security, resident manager, amenities like pool, sauna, party/meeting room, barbecue area, dance floor, basketball court, laundromat. Since unit is on cool side of building you'll spend less on electricity during warm months. Convenient. Close to airport, military bases, shopping, eateries, freeway and bus stop.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 26, 2025.Information is deemed reliable but not guaranteed.
    • May 26, 2021 Sold for $145,000
    • Apr 09, 2021 Under Contract
    • Apr 05, 2021 Listed at $147,000
    Other Five Regents Listings
    Leasehold
    $158,000
    Five Regents #1512
    Studio | 1 Ba
    300 ft²
    Leasehold
    $170,000
    Five Regents #1901
    Studio | 1 Ba
    300 ft²
    Leasehold
    $175,000
    Five Regents #2309
    Studio | 1 Ba
    300 ft²
    Leasehold
    $189,000
    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: 01/01/78
    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.