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$160,000
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Property Description
Affordable, move-in ready studio with modern upgrades, ideal for first-time buyers or investors seeking strong rental potential. This well-maintained unit offers a rare long-term lease through 2078, providing excellent value and a low-cost entry into homeownership. Located on the cool breezy side of the building, the unit features: luxury vinyl plank flooring, sleek cabinetry, quartz countertops, popcorn ceiling removal, and window A/C for year-round comfort. Includes one full-size covered parking stall in a secure, well-managed building. Community amenities include a swimming pool, sauna, BBQ area, clubhouse, basketball court, and tennis courts. The Salt Lake neighborhood is centrally located near the airport, with freeway access in both directions. Salt Lake Shopping Center has groceries, dining, and everyday essentials nearby.
Full Property Details
Full Property Details for 2888 Ala Ilima St #512
General
- Price: $160,000
- HOA FEE: $532
- Taxes: $701
- Status: Active
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202604801
- Updated: 4/1/2026
- Added to Site: 46 day(s) ago
Rental Information
- Complex Features: Barbecue, Clubhouse, Community Pool, Conference/Meeting Room, Laundry Facilities, Recreation Area, Sauna, Tennis Court(s), Trash Chute
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Shared Amenities: Management
- Tennis: Yes
- Security/Safety: Closed Circuit Camera(s), Key Card Entry, Security Guard
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Covered, Garage, Guest, One Space, On Street
Location
- Area: Metro
- County: Oahu
- Subdivision: SALT LAKE
- Building Name: Five Regents
Community
- Assoc. Fees Include: Common Areas, None, Sewer, Water
Structural Information
- Architectural Style: High Rise
- Detached/Attached: Detached
- Construction: Double Wall, Concrete
- Entry Floor Number: 5
- Square Feet: 300
- Living Area: 300 Sq. Ft.
- Year Built: 1978
- Property Condition: Excellent
Lot Features
- Property View: City
- Zoning: 12 - A-2 Medium Density Apartme
Financial Considerations
- Lease Price: $47
- Maint. Fee: $532
- Maint. Fee/Month: $532
- Assessment Amount: $200,400
- Tax Amount: $701.4
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Leasehold
- Inclusions: AC Window Unit, Cable TV, Ceiling Fan, Drapes, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Water Heater
- Disclosures/Reports: Seller Disclosure
- Disclosures/Rstr.: Seller Disclosure
- Property ID: 1-1-1-062-024-0011
Listed by Keller Williams Honolulu
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Schools
Schools serving 2888 Ala Ilima St #512
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2888 Ala Ilima St #512
Date
Details
Price
Change
Source
3/04/2026
Listed
$160,000
-13.8%
MLS
8/09/2019
Sold
$185,625
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2888 Ala Ilima St #512
Year
Property Taxes
Change
Tax Assessment
Change
2025
$818
6%
$245,000
5%
2023
$770
5%
$233,800
6%
2022
$734
—
$220,100
5%
2022
$734
-1%
$209,600
-1%
2021
$739
—
$211,100
2%
2021
$739
-2%
$207,400
-3%
2019
$752
8%
$214,800
8%
2018
$697
2%
$199,200
2%
2017
$682
7%
$194,800
7%
2016
$636
11%
$181,800
11%
2015
$572
11%
$163,500
2%
2013
$514
—
$160,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2888 Ala Ilima St #512
2888 Ala Ilima Street #512, Honolulu, HI 96818 (MLS# 202604801) is a Condo property with 0 bedrooms and 1 full bathroom. 2888 Ala Ilima Street #512 is currently listed for $160,000 and was received on March 04, 2026. Want to learn more about 2888 Ala Ilima Street #512? Do you have questions about finding other Condo real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

