2888 Ala Ilima Street #1201, Honolulu, HI 96818 - Photo 1

1/1

$157,500

Sold
Closed
Condo
1 Full Bath
300 Sq. Ft.
Five Regents
Aliamanu - Salt Lake - Foster Village

1/1

Property Description

$10,000.00 PRICE REDUCTION - MOTIVATED SELLER! Welcome to Five Regents, a prime leasehold property in a vibrant community, offering the perfect blend of comfort, convenience, and recreational amenities. With a leasehold term extending until 2078, this property presents an exceptional investment opportunity, promising great potential with many years remaining on the lease. The studio unit is rental-occupied, collecting a monthly rent of $1400.00 (Tenant's fixed lease ends 01/31/2025). The building boasts many amenities including a pool, sauna, tennis court, basketball hoop, recreation/meeting room, community laundry room, site manager, one assigned covered parking, and guest parking. Electricity is sub-metered for the unit and billed through the monthly maintenance fee statement. Upcoming increases, effective January 2025, for maintenance fees, will be $470.24, and the special assessment will be $110.15 (insurance and reserve fund requirements). Schedule a viewing today!

Full Property Details

Full Property Details for 2888 Ala Ilima St #1201

General

Sold For: $157,500
HOA FEE: $428
Taxes: $829
Status: Closed
Type: Condo
Source: Honolulu_Board_Of_Realtors
MLS ID: 202427381
Added to Site: 455 day(s) ago

Rental Information

Complex Features: Barbecue, Clubhouse, Conference/Meeting Room, Laundry Facilities, Other, Pool, Sauna, Tennis Court(s), Trash Chute

Interior

Furnishings: Partially
Flooring: Laminate

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Additional Information

Shared Amenities: Management
Tennis: Yes
Security/Safety: Key Card Entry, Security Guard

Parking

Total Spaces: 1
Parking Features: Assigned, Covered, Guest, One Space

Location

Area: Metro
County: Oahu
Subdivision: SALT LAKE
Building Name: Five Regents

Community

Assoc. Fees Include: Common Areas, Maintenance Grounds, Maintenance Structure, Sewer, Water

Structural Information

Architectural Style: High Rise
Detached/Attached: Detached
Construction: Masonry, Concrete, Stucco
Entry Floor Number: 12
Square Feet: 300
Living Area: 300 Sq. Ft.
Year Built: 1978
Property Condition: Excellent

Lot Features

Property View: City, Mountain(s)
Mountain views: Yes
Lot Size: 50138
Zoning: 12 - A-2 Medium Density Apartme

Financial Considerations

Lease Price: $48
Maint. Fee: $428
Maint. Fee/Month: $428
Assessment Amount: $237,000
Tax Amount: $829.56

Disclosures and Reports

Special Conditions: None
Inclusions: AC Window Unit, Cable TV, Disposal, Range Hood, Range/Oven, Refrigerator, Smoke Detector
Disclosures/Reports: Seller Disclosure
Disclosures/Rstr.: Seller Disclosure
Property ID: 1-1-1-062-024-0084

Listed by Top Property Management LLC
Sold by The LFG Group, Inc.

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Listing agents

— 2888 Ala Ilima St #1201 —

Top Property Management LLC
Top Property Management LLC

(808) 277-0652

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Schools

Schools serving 2888 Ala Ilima St #1201

School District:Hawaii Department of Education

Name	Grades	Distance
Salt Lake Elementary School 1131 Ala Lilikoi Street, Honolulu, HI 96818	PK-6	0.8 mi
Moanalua Middle School 1289 Mahiole Street, Honolulu, HI 96819	7-8	0.7 mi
Moanalua High School 2825 Ala Ilima St, Honolulu, HI 96819	9-12	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2888 Ala Ilima St #1201

Date

Details

Price

Change

Source

7/11/2025

Sold

$157,500

-6.25%

MLS

3/21/2025

Price Reduced

$168,000

-5.08%

MLS

3/20/2025

Price Reduced

$177,000

-0.56%

MLS

11/27/2024

Listed

$178,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2888 Ala Ilima Street #1201, Honolulu, HI 96818 (MLS# 202427381) is a Condo property that was sold at $157,500 on July 11, 2025. Want to learn more about 2888 Ala Ilima Street #1201? Do you have questions about finding other Condo real estate for sale in Aliamanu - Salt Lake - Foster Village? You can browse all Aliamanu - Salt Lake - Foster Village real estate or contact a Coldwell Banker agent to request more information.

2888 Ala Ilima St #1201 Honolulu, HI 96818