$168,000

2888 Ala Ilima Street 1607, Honolulu, HI 96818

  • 1 bath |
  • 300 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon1.15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $560/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Date Added:
February 11, 2026
Data Last Updated:
May 20, 2026 at 7:19AM
Listing Office:
Coldwell Banker Realty : (808) 738-3904
MLS ID:
202603404
  • Flooring: Vinyl
  • Style: High Rise
  • Parking: CoveredOne SpaceParking spaces: 1
  • General: Concrete
  • Road/Access: Other
  • HOA Amenities: ManagementCommon AreasSewerWater
  • Originating MLS: HICMLS
  • County: Oahu
  • Zoning: 1-1-1-062-024-0138
  • View: CitySunsetView
  • Source: HICMLS

This listing courtesy of Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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