Active

Price cut: $10K (7/2)

$165,000

2888 Ala Ilima St APT 1203, Honolulu, HI 96818

0beds

300sqft

$1,570/mo

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Condominium

Built in 1978

-- sqft lot

$161,700 Zestimate^®

$550/sqft

$532/mo HOA

What's special

Wake up to sweeping Salt Lake views from this beautifully renovated studio at Five Regents #1203, where modern comfort meets unbeatable convenience. This thoughtfully upgraded 300 sq ft residence features smooth ceilings, fresh interior paint, rich hardwood flooring, and a sleek modern kitchen, creating a bright, open feel that lives beyond its size. The interior has been efficiently designed to maximize comfort, flow, and everyday livability. Residents enjoy resort-style amenities including 24/7 security, ample guest parking, community laundry, pool, sauna, BBQ area, tennis court, and more, all within a fully insured building. Leasehold fee is $48 with a long lease secured through 2078. Ideally located in the heart of Salt Lake with quick freeway access and just minutes to Target and Salt Lake Shopping Center, this is a fantastic opportunity for first-time buyers or investors seeking a move-in ready unit with strong value and convenience.

133 days
229
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Features

Bedroom on Main Level, Full Bath on Main Level
Flooring: Hardwood

Interior area

Total structure area: 300
Total interior livable area: 300 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Assigned, Covered, Guest, One Space, On Street

Features

Has view: Yes
View description: City

Details

Parcel number: 1110620240086
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium

Materials

Double Wall

Condition

Excellent
New construction: No
Year built: 1978

Community & HOA

Community

Features: Barbecue, Laundry Facilities, Pool, Sauna, Tennis Court(s), Trash Chute
Security: Key Card Entry, Security Guard
Subdivision: Salt Lake

HOA

Services included: Common Areas, Sewer, Water
HOA fee: $532 monthly

Location

Region: Honolulu

Financial & listing details

Price per square foot: $550/sqft
Tax assessed value: $203,900
Annual tax amount: $868
Date on market: 5/1/2026
Inclusions: AC Window Unit, Range/Oven, Refrigerator, Water Heater

Estimated market value

$161,700

$154,000 - $170,000

$1,665/mo

Price history

Date	Event	Price
7/2/2026	Price change	$165,000-5.7%$550/sqft
Source: HiCentral MLS #202608503 Report a problem
5/1/2026	Listed for sale	$175,000+21.5%$583/sqft
Source: HiCentral MLS #202608503 Report a problem
11/21/2016	Sold	$144,000-3.4%$480/sqft
Source: Public Record Report a problem
7/7/2016	Listed for sale	$149,000+19.2%$497/sqft
Source: Hawaii Americana Realty #201617727 Report a problem
8/23/2014	Listing removed	$1,050$4/sqft
Source: Ivy K Realty, LLC Report a problem
7/24/2014	Listed for rent	$1,050$4/sqft
Source: Ivy K Realty, LLC Report a problem
7/3/2014	Sold	$125,000-1.6%$417/sqft
Source: Public Record Report a problem
5/28/2014	Listed for sale	$127,000$423/sqft
Source: Coldwell Banker Pacific Properties - Kahala #201410306 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$203,900 -17.8%
2025	$869 +4.7%	$248,200 +4.7%
2024	$830 +6.1%	$237,000 +6.1%
2023	$782 +5%	$223,300 +5%
2022	$744 -0.7%	$212,700 -0.7%
2021	$750 +0.8%	$214,200 +0.8%
2020	$743 -3.2%	$212,400 -3.2%
2019	$768 +8.4%	$219,500 +8.4%
2018	$708 +2.8%	$202,400 +2.8%
2017	$689 +6.4%	$196,900 +6.4%
2016	$648 +11%	$185,000 +11%
2015	$583 +4.7%	$166,600 +2.3%
2014	$557	$162,800