Five Regents Unit 1607 in SALT LAKE

Five Regents Unit 1607 in SALT LAKE
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$168,000

Leasehold
2888 Ala Ilima St #1607, Honolulu, HI, 96818
0 beds1 bath300 sqftFloor 16

0

Bedrooms

1

Bathrooms

300

Sqft

16

Floor

1978

Year Built

1

Parking

Data Discrepancies

Association Fee

Listing association fee $532/mo is outside building range of $532 - $621/mo

Additional Parking Options

Building also offers assigned, guest parking not mentioned in listing.

Unlisted Building Features

Building has features not mentioned in listing: Meeting Room, Recreation Area, Recreation Room

How do you feel about this one?

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.

Views

CitySunset

Features

Unit Feature - Odd# Unit
Flooring - Vinyl
Parking - Covered - 1
Construction - Concrete
Property Condition - Excellent
Property Condition - Above Average

Amenities

BBQ
Community Laundry
Condo Association Pool
Resident Manager
Sauna
Security Guard
Tennis Court
Trash Chute

Inclusions

AC Window Unit
Disposal
Drapes
Intercom
Microwave
Range/Oven
Refrigerator
Smoke Detector

Schools

Elementary: Salt Lake

Middle: Moanalua

High School: Moanalua

Lot & Legal

Frontage: Other
Stories: 21+

Building Features

Owner Occupancy16.00%
Fully Insured
Pool
Saltwater Pool
Window A/C
Community Laundry

Listing History

MLS 202603404
  1. May 18, 2026Price reducedto $168,000
  2. Feb 11, 2026Active
  3. Feb 11, 2026Listedat $168,000
MLS 202511135
  1. Jul 24, 2025Rented
  2. Apr 30, 2025Listedat $1,650

Includes all MLS listings of this same physical unit (matched by TMK).

Schedule Showing

Listing Details

MLS #202603404
StatusActive
First SeenFebruary 11, 2026

Property Details

Property TypeCondo/Townhouse
StyleHigh-Rise 7+ Stories
Land TenureLeasehold
Lease Expiration2078
Remodeled2025
NeighborhoodSalt Lake
MLS AreaMetro
Lot Size50138.00 sqft
TMK1-1-1-062-024-0138
ZoningApartment: A-2 Medium Density Apartment
Flood ZoneZone X· Minimal risk

Monthly Costs

All amounts are monthly

Association Fee$532
Property Taxes(-$120,000 exemption)$38
Total Monthly$570

Fee Includes

Other Common ExpensesSewerWater

MLS# 202603404

Listing Courtesy of: Coldwell Banker Realty

Agent: Nancy Chen

Co-listing agent: Omeo Fan

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listing information last updated: May 18, 2026.

Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

All right, title, and interest in each copy of every MLS Compilation shall at all times remain vested in HiCentral MLS, Ltd.

© 2026 HiCentral MLS, Ltd. All rights reserved.

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