$175,000
UNDER CONTRACT $24K PRICE DROP

Five Regents 2888 Ala Ilima St Unit 806 Honolulu, HI 96818

Aliamanu-Salt Lake Neighborhood

Estimated payment $1,107/month

Total Views 3,345
-- Bed
1 Bath
300 Sq Ft
$583 Price per Sq Ft

Highlights

  • Golf Course View
  • 50,138 Sq Ft lot
  • Sauna
  • Salt Lake Elementary School Rated 9+
  • Clubhouse
  • Community Pool

About This Home

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!

Listing Agent

Colette Nishimura

Coldwell Banker Realty Brokerage Phone: (808) 676-7200 License #RB-23061 Listed on: 06/24/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $823

Year Built

  • Built in 1978

Lot Details

  • Property is in excellent condition

HOA Fees

  • $110 Monthly HOA Fees

Property Views

  • Golf Course
  • City

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 1 Full Bathroom
  • 300 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Closed Circuit Camera

Parking

  • 1 Parking Space
  • Covered Parking
  • Guest Parking
  • Assigned Parking

Schools

  • Salt Lake Elementary School
  • Moanalua Middle School
  • Moanalua High School

Listing and Financial Details

  • Assessor Parcel Number 1-1-1-062-024-0041

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, sewer, water
  • Five Regents Condos
  • Salt Lake Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$823

Year Built

Built in 1978

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Five Regents
  • Inclusions: AC Window Unit,Blinds,Disposal,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector,Water Heater
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1978
  • Attribution Contact: (808) 676-7200
  • CommunityFeatures: Barbecue, Clubhouse, Conference/Meeting Room, Laundry Facilities, Pool, Sauna, Tennis Court(s)
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry, Security Guard
  • Association Amenities: Management
  • MLS Status: Active Under Contract
  • Subdivision Name: SALT LAKE
  • Entry Level: 8
  • Unit Levels: One
  • Living Area: 300.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: UnderContract

Interior Features

  • Flooring: Laminate
  • Furnished: Partially
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Excellent, Good Condition, Updated/Remodeled
  • View: City, Golf Course, Mountain(s), Sunset
  • View: Yes
  • Disclosures: None

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, One Space, On Street
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Association #2 Fee: 110.0
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Sewer, Water

Schools

  • Elementary School: Salt Lake
  • High School: Moanalua
  • Middle Or Junior School: Moanalua

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 1-1-1-062-024-0041
  • Zoning Description: 12 - A-2 Medium Density Apartme

Rental Info

  • Land Lease Amount: 48.0
  • Lease Amount Frequency: Monthly

Multi Family

  • Maintenance Expense: 470.24
  • Lease Expiration: 1978-03-31

Tax Info

  • Tax Annual Amount: 822.96

Map

About Five Regents

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $823 $246,400 $18,600 $227,800
2024 $823 $235,200 $18,600 $216,600
2023 $775 $221,500 $18,600 $202,900
2022 $738 $210,900 $18,100 $192,800
2021 $743 $212,400 $17,300 $195,100
2020 $734 $209,600 $18,100 $191,500
2019 $759 $216,800 $18,100 $198,700
2018 $702 $200,600 $17,300 $183,300
2017 $685 $195,700 $17,300 $178,400
2016 $641 $183,200 $16,600 $166,600
2015 $577 $164,800 $14,600 $150,200
2014 $553 $161,300 $14,600 $146,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $175,000 -12.1% $583 / Sq Ft
06/24/2025 06/24/25 For Sale $199,000 -- $663 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202514546

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-1-062-024-0041

Hawaii Honolulu County Honolulu 96818 Aliamanu-Salt Lake

2888 Ala Ilima St Unit 806, Honolulu, HI

This home is located at 2888 Ala Ilima St Unit 806, Honolulu, HI 96818 and is currently priced at $175,000, approximately $583 per square foot. This property was built in 1978. 2888 Ala Ilima St Unit 806 is a home located in Honolulu County with nearby schools including Salt Lake Elementary School, Moanalua Middle School, and Moanalua High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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Listing Agent
Colette Nishimura
Section Image
Coldwell Banker Realty
(808) 646-3963