| Description | PRICE IMPROVEMENT! Affordable, move-in ready studio unit in Salt Lake under $200k. An ideal find for a first-time home buyer or investor seeking steady rent potential in a prime location - minutes away from Downtown Honolulu, airport, Pearl Harbor-Hickham AFB, Tripler Hospital, freeways and Salt Lake Shopping Center. This is a leasehold property with a long-term master lease through 2078 and low monthly payments. Pet-friendly (buyer to verify), secure building with fob entry and 24-hr security patrol. Additional guest parking and first come, first serve bike/moped parking. Amenities include a swimming pool, sauna, BBQ, meeting/activity area, tennis/basketball court and community laundry. A few photos have been virtually staged (enhanced). |
|---|---|
| Status | Sold since 04-07-2026 |
| MLS# | 202607017 |
| Price | $165,000 |
| Original Price | $170,000 |
| Price Change | $-5,000 (-2.94%) |
| 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 2006 Honolulu HI 96818 |
| Region | Metro |
| Neighborhood | Salt Lake |
| Days on Market | 96 |
| Year Built | 1978 |
| Condition | Excellent,Above Average |
| View | City |
| Parking | Assigned, Covered - 1 |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $61 |
| Assessed Land | $19,900 |
| Assessed Building | $188,100 |
| Assessed Total | $208,000 |
| Assessed Ratio | 79% |
| Inclusions | AC Window Unit, Blinds, Disposal, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court |
| Construction | Concrete, Double Wall |
| Flooring | Ceramic Tile, Vinyl |
| Disclosures | Property Disclosure Stmt |
| Furnished | Partial |
| 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 # | 1-1-1-062-024-0185 |
| Listing courtesy of | Property Profiles, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-26-2026 | 202607017 | Sold | P | S | $165,000 | $170,000 | $208,000 | $19,900 | $188,100 |
| 08-26-2026 | 202607017 | Pending | C | P | $165,000 | $170,000 | $208,000 | $19,900 | $188,100 |
| 07-12-2026 | 202607017 | Active Under Contract | A | C | $165,000 | $170,000 | $208,000 | $19,900 | $188,100 |
| 05-30-2026 | 202607017 | Price Decrease | $170,000 | $165,000 | $165,000 | $170,000 | $208,000 | $19,900 | $188,100 |
| 04-09-2026 | 202607017 | New Listing | A | $165,000 | $170,000 | $208,000 | $19,900 | $188,100 | |
| 08-17-2022 | 202212760 | Withdrawn | T | W | $158,000 | $0 | $216,300 | $18,100 | $198,200 |
| 07-07-2022 | 202212760 | Temporarily Withdrawn | A | T | $158,000 | $0 | $216,300 | $18,100 | $198,200 |
| 07-05-2022 | 202212760 | New Listing | A | $158,000 | $0 | $216,300 | $18,100 | $198,200 | |
| 11-12-2019 | 201925977 | Sold | C | S | $165,000 | $155,000 | $225,000 | $18,100 | $206,900 |
| 09-24-2019 | 201925977 | In Escrow Showing | A | C | $165,000 | $155,000 | $225,000 | $18,100 | $206,900 |
| 09-20-2019 | 201925977 | New Listing | A | $165,000 | $155,000 | $225,000 | $18,100 | $206,900 | |
| 05-16-2019 | 201910019 | Sold | P | S | $152,000 | $145,000 | $225,000 | $18,100 | $206,900 |
| 04-15-2019 | 201910019 | In Escrow Not Showing | A | P | $152,000 | $145,000 | $225,000 | $18,100 | $206,900 |
| 04-04-2019 | 201910019 | New Listing | A | $152,000 | $145,000 | $225,000 | $18,100 | $206,900 | |
| 04-04-2019 | 201910019 | $152,000 | $152,000 | $145,000 | $225,000 | $18,100 | $206,900 | ||
| 11-27-2012 | 1205884 | Sold | C | S | $119,000 | $115,000 | $165,700 | $10,700 | $155,000 |
| 10-15-2012 | 1205884 | Active Continue to Show | A | C | $119,000 | $115,000 | $165,700 | $10,700 | $155,000 |
| 09-17-2012 | 1205884 | Back On Market | C | A | $119,000 | $115,000 | $165,700 | $10,700 | $155,000 |
| 09-15-2012 | 1205884 | Active Continue to Show | A | C | $119,000 | $115,000 | $165,700 | $10,700 | $155,000 |
| 08-26-2012 | 1205884 | Price Decrease | $121,000 | $119,000 | $119,000 | $115,000 | $165,700 | $10,700 | $155,000 |
| 08-10-2012 | 1205884 | Price Decrease | $128,000 | $121,000 | $119,000 | $115,000 | $165,700 | $10,700 | $155,000 |
| 07-10-2012 | 1205884 | Price Decrease | $132,000 | $128,000 | $119,000 | $115,000 | $165,700 | $10,700 | $155,000 |
| 05-26-2012 | 1205884 | New Listing | A | $119,000 | $115,000 | $165,700 | $10,700 | $155,000 |
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