| Description | PRICE REDUCTION! MOTIVATED SELLER! Don’t miss this opportunity to own one of the best-renovated units in the building! This stunning studio has been transformed with approximately $25,000 in upgrades, offering the perfect combination of style, comfort, and convenience. Step inside and you’ll immediately appreciate the thoughtful renovations. The updated kitchen features stainless steel appliances, including a full-size refrigerator, oven, and microwave, an undermount sink, under-cabinet lighting, and a custom mobile countertop with convenient plumbing access. A new water heater and updated plumbing add peace of mind. The beautifully remodeled bathroom features a smoked-glass sliding door and all-new fixtures, including the toilet, shower enclosure, oversized medicine cabinet, and glass shelving. Wood laminate flooring, updated lighting, and fresh paint complete the modern, move-in-ready feel. Whether you're looking for your own cozy home or a smart investment, this unit is ready-to-go! Plus, low lease fees through 2078! |
|---|---|
| Status | Active since 07-14-2026 |
| MLS# | 202613508 |
| Price | $172,000 |
| Original Price | $208,500 |
| Price Change | $-36,500 (-17.51%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 300 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $532 |
| Building | Five Regents |
| Address | 2888 Ala Ilima Street 1606 Honolulu HI 96818 |
| Region | Metro |
| Neighborhood | Salt Lake |
| Days on Market | 75 |
| Year Built | 1978 |
| Condition | Excellent,Above Average |
| View | City, Golf Course, Mountain |
| Parking | Assigned, Covered - 1, Garage, Guest, Street |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $73 |
| Assessed Land | $19,900 |
| Assessed Building | $186,100 |
| Assessed Total | $206,000 |
| Assessed Ratio | 83% |
| Inclusions | AC Window Unit, Drapes, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Recreation Area, Sauna, Security Guard, Trash Chute |
| Construction | Masonry/Stucco |
| Flooring | Vinyl |
| Disclosures | Non Resident Owner, Pets Allowed (Verify) |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Leasehold | Lease rent $45 / 2078 · Buy fee |
| Parcel # | 1-1-1-062-024-0137 |
| Listing courtesy of | Engel & Volkers Honolulu |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-21-2026 | 202613508 | Price Decrease | $185,000 | $172,000 | $172,000 | $0 | $206,000 | $19,900 | $186,100 |
| 07-14-2026 | 202613508 | Price Decrease | $208,500 | $185,000 | $172,000 | $0 | $206,000 | $19,900 | $186,100 |
| 07-14-2026 | 202613508 | New Listing | A | $172,000 | $0 | $206,000 | $19,900 | $186,100 | |
| 12-04-2025 | 202502900 | Cancelled | A | W | $190,000 | $0 | $250,000 | $18,600 | $231,400 |
| 11-03-2025 | 202502900 | Price Decrease | $208,500 | $190,000 | $190,000 | $0 | $250,000 | $18,600 | $231,400 |
| 01-31-2025 | 202502900 | New Listing | A | $190,000 | $0 | $250,000 | $18,600 | $231,400 | |
| 06-23-2023 | 202310005 | Sold | C | S | $185,000 | $180,900 | $225,100 | $18,600 | $206,500 |
| 05-05-2023 | 202310005 | Active Under Contract | A | C | $185,000 | $180,900 | $225,100 | $18,600 | $206,500 |
| 05-01-2023 | 202310005 | New Listing | A | $185,000 | $180,900 | $225,100 | $18,600 | $206,500 | |
| 03-01-2018 | 201725151 | Sold | C | S | $169,000 | $170,000 | $198,100 | $17,300 | $180,800 |
| 01-12-2018 | 201725151 | In Escrow Showing | A | C | $169,000 | $170,000 | $198,100 | $17,300 | $180,800 |
| 12-21-2017 | 201725151 | Price Decrease | $179,000 | $169,000 | $169,000 | $170,000 | $198,100 | $17,300 | $180,800 |
| 12-05-2017 | 201725151 | New Listing | A | $169,000 | $170,000 | $198,100 | $17,300 | $180,800 | |
| 02-05-2016 | 201521546 | Withdrawn | A | W | $143,000 | $0 | $168,400 | $14,600 | $153,800 |
| 12-24-2015 | 201521546 | Price Decrease | $145,000 | $143,000 | $143,000 | $0 | $168,400 | $14,600 | $153,800 |
| 11-21-2015 | 201521546 | New Listing | A | $143,000 | $0 | $168,400 | $14,600 | $153,800 | |
| 01-17-2014 | 201336323 | Sold | C | S | $129,000 | $126,000 | $151,100 | $13,300 | $137,800 |
| 01-03-2014 | 201336323 | Active Continue to Show | A | C | $129,000 | $126,000 | $151,100 | $13,300 | $137,800 |
| 12-05-2013 | 201336323 | New Listing | A | $129,000 | $126,000 | $151,100 | $13,300 | $137,800 |
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