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Five Regents condo # 1607, Honolulu, Hawaii - photo 2 of 15
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2888 Ala Ilima Street unit 1607, Honolulu, HI, 96818
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Five Regents unit 1607, Salt Lake condo

$180,000 Condo for sale 300 sqft Neighborhood:  Salt Lake
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.
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Condo details

300 sqft interior area
  • Condo building Five Regents
  • Year Built 1978
  • Year Remodeled 2025
  • Days on market 14
  • Price per sqft $600/sqft
  • Maintenance fees $532
  • Total Monthly fees $532
  • Address

    2888 Ala Ilima Street unit 1607, Honolulu, HI, 96818

  • Total area 300 sqft
  • Interior area 300 sqft
  • nr.of parking places 1
  • Floor Number 16
  • Inclusions AC Window Unit, Disposal, Drapes, Intercom, Microwave, Range/Oven, Refrigerator, Smoke Detector
  • Neighborhood Salt Lake
  • Land area 50,138 sqft / 1.151 acres
  • City of Oahu Honolulu
  • Floors Vinyl
  • Region Honolulu
  • Island Oahu
  • Land tenure LH - Leasehold
  • View City, Sunset

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$918
Taxes
$73
HOA dues
$532
$1,523 per month
Mortgage
Down payment
$36,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $918 / month

Neighborhood: Salt Lake

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
10.83 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Building: Five Regents

Concrete construction
Property type
High-Rise 7+ Stories
Construction
Concrete

Building community amenities and features

Property Condition
Excellent, Above Average
Other Fee Includes
Other Common Expenses,Sewer,Water
Parking
Covered - 1
Amenities
BBQ, Community Laundry, Condo Association Pool, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute
Unit features
Odd# Unit

Salt Lake prices

Average price $1.75m
Neighborhood average sales price*
$1.75m
Neighborhood median sales price*
$1.54m
Number or sales*
22
Street median sales price*
$1.03m
*last 6 months

Schools

15 schools in this area
School rating Distance
NR
Moanalua Elementary School
1337 Mahiole St, Honolulu, HI 96819
Elementary School
0.717mi
NR
Moanalua Middle School
1289 Mahiole St, Honolulu, HI 96819
Middle School
0.623mi
NR
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
High School
0.155mi
School rating Distance
NR
Moanalua Elementary School
1337 Mahiole St, Honolulu, HI 96819
0.717mi
NR
Aliamanu Elementary School
3265 Salt Lake Blvd, Honolulu, HI 96818
0.751mi
NR
Salt Lake Elementary School
1131 Ala Lilikoi St, Honolulu, HI 96818
0.768mi
NR
Major General William R Shafter Elementary School
2 Fort Shafter, Honolulu, HI 96819
0.995mi
NR
Mayor Joseph J Fern Elementary School
1121 Middle St, Honolulu, HI 96819
1.387mi
School rating Distance
NR
Moanalua Middle School
1289 Mahiole St, Honolulu, HI 96819
0.623mi
NR
Moanalua Elementary School
1337 Mahiole St, Honolulu, HI 96819
0.717mi
NR
Aliamanu Elementary School
3265 Salt Lake Blvd, Honolulu, HI 96818
0.751mi
NR
Aliamanu Middle School
3271 Salt Lake Boulevard, Honolulu, HI 96818
0.803mi
NR
Christian Academy
3400 Moanalua Road, Honolulu, HI 96819
1.388mi
School rating Distance
NR
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
0.155mi
NR
Christian Academy
3400 Moanalua Road, Honolulu, HI 96819
1.388mi
NR
Admiral Arthur W Radford High School
4361 Salt Lake Blvd, Honolulu, HI 96818
1.939mi
NR
Grace Christian Academy
99-833 Iwaena Street, Aiea, HI 96701
2.006mi
NR
Assets School
1 Ohana Nui Way, Honolulu, HI 96818
2.06mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Price Decrease Apr 16, 2024
Date Event Price $/sqft Source
Apr 16, 2024 Price Decrease $1,500 -3.23% $5.00 MLS #202219261
Mar 19, 2024 Back On Market $1,550 $5.17 MLS #202219261
Nov 8, 2023 Rented $1,550 $5.17 MLS #202219261
Oct 21, 2023 Price Increase $1,550 +3.33% $5.17 MLS #202219261
Oct 21, 2023 Back On Market $1,500 $5.00 MLS #202219261
Oct 18, 2022 Rented $1,500 $5.00 MLS #202219261
Sep 29, 2022 Price Decrease $1,500 -6.25% $5.00 MLS #202219261
Sep 10, 2022 New Listing rental $1,600 $5.33 MLS #202219261
Aug 12, 2022 Sold $160,000 -5.88% from last sold price $533.33 Public Record
Jul 18, 2022 Active Under Contract $170,000 $566.67 MLS #202201906
Jun 6, 2022 Back On Market $170,000 $566.67 MLS #202201906
May 16, 2022 Active Under Contract $170,000 $566.67 MLS #202201906
Feb 3, 2022 New Listing $170,000 $566.67 MLS #202201906
Jan 30, 2022 Coming Soon $170,000 $566.67 MLS #202201906
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Tax & MLS details 2888 Ala Ilima Street unit 1607, Honolulu, HI, 96818

MLS #202603404
Current Property Taxes p/month
$73
Assessed Improvement value
$231,400
TMK
1-1-1-062-024-0138
Flood Zone
Zone X
Total Assessed value
$250,000
Listed by
Coldwell Banker Realty
(808) 738-3904
MLS #
202603404
Hawaii House tour report for this condo
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

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Frequently asked questions for 2888 Ala Ilima Street unit 1607

What is 2888 Ala Ilima Street unit 1607?

2888 Ala Ilima Street unit 1607 is a condo in the Five Regents building located in Honolulu, HI. This is a condo in the Salt Lake neighborhood. This apartment has 300 sqft interior space with city, sunset views. Unit #1607 is located on floor number 16 and the property condition is excellent,above average.

When was this condo built and last sold?

This house was build in 1978.

What is the full address of this condo?

2888 Ala Ilima Street unit 1607, Honolulu, HI, 96818.

Are there beaches near 2888 Ala Ilima Street unit 1607?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2026 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty. Some active listings appearing on this site may be listed by other REALTORS®. 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on February 12, 2026.
Hawaii House Last checked 1 minute ago.

2888 Ala Ilima Street unit 1607 is a condo in the Five Regents building located in Honolulu, HI. This is a , condo in the Salt Lake neighborhood. This apartment has 300 sqft interior space with  City, Sunset views. Unit #1607 is located on floor number 16 and the property condition is excellent,above average. The neighborhood is Salt Lake and the full address is 2888 Ala Ilima Street unit 1607, Honolulu, HI, 96818.

Condo for sale $180,000 2888 Ala Ilima Street unit 1607, Honolulu, HI, 96818 300 sqft Save House Remove from Saved