| Description | Cute and affordable! Don't miss this opportunity to own a well-maintained unit in the desirable Five Regents high-rise, located in the heart of Salt Lake. This studio features an efficient floor plan, large windows with city and mountain views, and cool cross-breezes for year-round comfort, or use your AC to keep cool. Move-in ready condition and renovated. Perfect for first-time buyers, investors, or those looking to downsize. Enjoy a plethora of amenities including a pool, tennis court, basketball court, BBQ area, sauna, on-site resident manager and 24-hour security. The building also offers ample guest parking and laundry facilities. With low maintenance fees that includes water, sewer, and amenities, Five Regents offers unbeatable value. It's a Leasehold property but the lease doesn't expire until 2078 - what a great buy for under $200,000! Conveniently located near H1 freeway access, Tripler Hospital, Pearl Harbor, Hickam, Salt Lake Shopping Center, the airport, and more — this is island living with city convenience! Vacant and easy to see - schedule a showing today! |
|---|---|
| Status | Sold since 06-24-2025 |
| MLS# | 202514546 |
| Price | $175,000 |
| Original Price | $199,000 |
| Price Change | $-24,000 (-12.06%) |
| 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 806 Honolulu HI 96818 |
| Region | Metro |
| Neighborhood | Salt Lake |
| Days on Market | 72 |
| Year Built | 1978 |
| Condition | Excellent,Above Average |
| View | City, Golf Course, Mountain, Sunset |
| Parking | Assigned, Covered - 1, Guest, Street |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Elementary | Salt Lake |
| Middle | Moanalua |
| High | Moanalua |
| Tax Amount | $69 |
| Assessed Land | $18,600 |
| Assessed Building | $227,800 |
| Assessed Total | $246,400 |
| Assessed Ratio | 71% |
| Inclusions | AC Window Unit, Blinds, Disposal, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Water Heater |
| Amenities | BBQ, Community Laundry, Meeting Room, Pool on Property, Recreation Room, Resident Manager, Sauna, Security Guard, Tennis Court |
| Construction | Concrete |
| Flooring | Laminate |
| Disclosures | None |
| 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 $48 / 2078 · Buy fee |
| Parcel # | 1-1-1-062-024-0041 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 10-10-2025 | 202514546 | Sold | C | S | $175,000 | $168,000 | $246,400 | $18,600 | $227,800 |
| 09-04-2025 | 202514546 | Active Under Contract | A | C | $175,000 | $168,000 | $246,400 | $18,600 | $227,800 |
| 07-22-2025 | 202514546 | Price Decrease | $199,000 | $175,000 | $175,000 | $168,000 | $246,400 | $18,600 | $227,800 |
| 06-24-2025 | 202514546 | New Listing | A | $175,000 | $168,000 | $246,400 | $18,600 | $227,800 |
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