| 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! |
|---|---|
| Status | Sold since 11-13-2025 |
| MLS# | 202525425 |
| Price | $170,000 |
| Original Price | $170,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 300 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $580 |
| Building | Five Regents |
| Address | 2888 Ala Ilima Street 1901 Honolulu HI 96818 |
| Region | Metro |
| Neighborhood | Salt Lake |
| Days on Market | 75 |
| Year Built | 1978 |
| Condition | Above Average |
| View | City, Mountain, Sunrise |
| Parking | Covered - 1, Garage, Guest, Secured Entry, Street |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $73 |
| Assessed Land | $18,600 |
| Assessed Building | $232,800 |
| Assessed Total | $251,400 |
| Assessed Ratio | 68% |
| Inclusions | AC Window Unit, Cable TV, Disposal, Range Hood, Range/Oven, Refrigerator, Water Heater |
| 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 |
| Construction | Concrete, Double Wall |
| Flooring | Vinyl |
| Disclosures | 1031 Exchange, Pets Allowed (Verify), Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Leasehold | Lease rent $47 / 2078 · Buy fee |
| Parcel # | 1-1-1-062-024-0168 |
| Listing courtesy of | Keller Williams Honolulu |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 03-11-2026 | 202525425 | Sold | C | S | $170,000 | $150,000 | $251,400 | $18,600 | $232,800 |
| 01-27-2026 | 202525425 | Active Under Contract | A | C | $170,000 | $150,000 | $251,400 | $18,600 | $232,800 |
| 11-13-2025 | 202525425 | New Listing | A | $170,000 | $150,000 | $251,400 | $18,600 | $232,800 | |
| 06-22-2004 | 2404079 | Sold | P | S | $97,000 | $85,000 | $80,500 | $6,000 | $74,500 |
| 03-31-2004 | 2404079 | New Listing | A | $97,000 | $85,000 | $80,500 | $6,000 | $74,500 |
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