$180,000

2888 Ala Ilima Street 1607, Honolulu, HI 96818

1 bath |
300 sqft

Condominium
Built in 1978
1.15acre lot
—— car garage
$600/sqft
Listed 3 days 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:: February 14, 2026 at 9:34PM
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

Schools Nearby

Salt Lake Elementary School

1131 Ala Lilikoi St, Honolulu, HI, 96818

Grades KG-6

0.76 miles away

Moanalua Middle School

1289 Mahiole St, Honolulu, HI, 96819

Grades 7-8

0.62 miles away

Moanalua High School

2825 Ala Ilima St, Honolulu, HI, 96818

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.