2888 Ala Ilima Street Unit 1607, Honolulu, HI 96818

$168,000
1
BA
300
SqFt

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List Price
$168,000
Status
ACTIVE
Days on Market
178
Price Change
▼ $12,000 1779164397
MLS#
202603404
Subtype
Residential
Style
High Rise
Year Built
1978
Bathrooms
1
Full Baths
1
Living Area
300
Lot Size
50,138
Subdivision
Salt Lake
Neighborhood
Salt Lake
Building Name
Five Regents
MLS Area Major
Metro
Land Tenure
LH - Leasehold

Property Description

Long leasehold through 2078 with a fixed lease rent of just $48/month through the year 2078. Excellent opportunity for a first-time buyer, investor, or convenient Oahu retreat at an affordable price point. This comfortable and well-maintained studio is located on the 16th floor of the popular Five Regents and offers mountain and city views from a large picture window. The kitchen and bathroom have been updated. Five regents feature a wide range of amenities, including a swimming pool, tennis court, BBQ area, recreation and meeting rooms, community laundry, resident manager, ample guest parking, and 24-hour security. Centrally located in Salt Lake with easy access to Tripler Army Medical Center, Pearl Harbor, the airport, Downtown Honolulu and Salt Lake Shopping Center. The current tenant's lease runs through July 2026, and the tenant would like to stay. Current rent is $1,650/month.

Additional Information

Amenities
Management
Taxes
$876
Pets Allowed
Call
Building Name
Five Regents
Property Description
High Rise
Flooring
Vinyl
Parking Features
Covered, One Space
Elementary School
Salt Lake
Middle School
Moanalua
High School
Moanalua
View
City, Sunset

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Listing courtesy of Listing Agent: Nancy Chen (nancyc@cbpacific.com) from Listing Office: Coldwell Banker Realty.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: (808) 738-3904