| Description | Gorgeous high-floor studio in the popular Five Regents! This turn-key unit with refreshed kitchen, bathroom, and ceramic tile floors is perfect for the first-time homebuyer or investor. Enjoy the stunning mountain and city views from your unit located on the cooler side of the building. Conveniently located in Salt Lake near the airport, downtown, Pearl Harbor, and more! This leasehold property has a reasonable maintenance fee of $470.24/month and a long fixed lease rent of just $48.00/month until the year 2078. |
|---|---|
| Status | Sold since 01-10-2025 |
| MLS# | 202501368 |
| Price | $178,000 |
| Original Price | $285,000 |
| Price Change | $-107,000 (-37.54%) |
| 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 2404 Honolulu HI 96818 |
| Region | Metro |
| Neighborhood | Salt Lake |
| Days on Market | 219 |
| Year Built | 1978 |
| Year Remodeled | 2018 |
| Condition | Above Average |
| View | City, Mountain |
| Frontage | Other |
| Parking | Assigned, Covered - 1, Street |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $36 |
| Assessed Land | $18,600 |
| Assessed Building | $235,000 |
| Assessed Total | $133,600 |
| Assessed Ratio | 133% |
| Inclusions | AC Window Unit, Blinds, Disposal, Microwave Hood, Range/Oven, Refrigerator, Water Heater |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Recreation Area, Resident Manager, Security Guard, Trash Chute |
| Construction | Above Ground, Concrete, Double Wall |
| Flooring | Ceramic Tile |
| Disclosures | Property Disclosure Stmt |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | 45 Days or Less, At Closing, Negotiable |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol |
| Leasehold | Lease rent $48 / 2078 · Buy fee |
| Parcel # | 1-1-1-062-024-0231 |
| Listing courtesy of | Refined Real Estate Hawaii LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-19-2025 | 202501368 | Sold | C | S | $178,000 | $175,000 | $133,600 | $18,600 | $235,000 |
| 08-17-2025 | 202501368 | Active Under Contract | A | C | $178,000 | $175,000 | $133,600 | $18,600 | $235,000 |
| 05-22-2025 | 202501368 | Price Decrease | $179,000 | $178,000 | $178,000 | $175,000 | $133,600 | $18,600 | $235,000 |
| 04-07-2025 | 202501368 | Price Decrease | $185,000 | $179,000 | $178,000 | $175,000 | $133,600 | $18,600 | $235,000 |
| 01-10-2025 | 202501368 | Price Decrease | $285,000 | $185,000 | $178,000 | $175,000 | $133,600 | $18,600 | $235,000 |
| 01-10-2025 | 202501368 | New Listing | A | $178,000 | $175,000 | $133,600 | $18,600 | $235,000 | |
| 11-10-2024 | 202418170 | Cancelled | A | W | $205,000 | $0 | $122,400 | $18,600 | $223,800 |
| 08-15-2024 | 202418170 | New Listing | A | $205,000 | $0 | $122,400 | $18,600 | $223,800 | |
| 09-12-2019 | 201911872 | Sold | X | S | $153,000 | $150,000 | $227,800 | $18,100 | $209,700 |
| 09-01-2019 | 201911872 | Expired | C | X | $153,000 | $150,000 | $227,800 | $18,100 | $209,700 |
| 05-09-2019 | 201911872 | In Escrow Showing | A | C | $153,000 | $150,000 | $227,800 | $18,100 | $209,700 |
| 05-01-2019 | 201911872 | New Listing | A | $153,000 | $150,000 | $227,800 | $18,100 | $209,700 | |
| 10-26-2017 | 201721731 | Withdrawn | A | W | $160,000 | $0 | $200,600 | $17,300 | $183,300 |
| 10-18-2017 | 201721731 | New Listing | A | $160,000 | $0 | $200,600 | $17,300 | $183,300 |
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