Affordable and move-in ready studio condo in Salt Lake, Honolulu, perfect for first-time buyers or investors seeking steady rental potential. Enjoy the cool, breezy side of the building with recent updates in 2025 including new vinyl plank flooring, modern kitchen cabinets, and refrigerator. This low-cost entry opportunity features a long-term lease through 2078, offering excellent long-term value. Convenient central location near Salt Lake Shopping Center, dining, groceries, and easy freeway access in both directions. Pet-friendly building (buyer to verify). Great chance to own or invest in Honolulu real estate!
Closed
$150,000
2888 Ala Ilima St APT 1901, Honolulu, HI 96818
0beds
300sqft
Condominium
Built in 1978
-- sqft lot
$150,100 Zestimate®
$500/sqft
$1,613 Estimated rent
Home value
$150,100
$143,000 - $158,000
$1,613/mo
Zestimate® history
Owner options
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$669/mo
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$669/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kevin K Pedersen 808-398-4147,
Keller Williams Honolulu
Bought with:
Derek Kamm, RB-22059
Coldwell Banker Island Prop
Ryan Sanada, RS-76461
Coldwell Banker Island Prop
Source: HiCentral MLS,MLS#: 202525425
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Vinyl
Interior area
- Total structure area: 300
- Total interior livable area: 300 sqft
Property
Parking
- Total spaces: 1
- Parking features: Covered, Garage, Guest, One Space, On Street, Secured
- Has garage: Yes
Features
- Levels: One
- Has view: Yes
- View description: City, Mountain(s), Sunrise
Details
- Parcel number: 1110620240168
- 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, Concrete
Condition
- Good Condition
- New construction: No
- Year built: 1978
Community & HOA
Community
- Features: Barbecue, Clubhouse, Community Pool, Conference/Meeting Room, Laundry Facilities, Recreation Area, Sauna, Tennis Court(s), Trash Chute
- Security: Closed Circuit Camera(s), Key Card Entry, Security Guard
- Subdivision: Salt Lake
HOA
- Amenities included: Management
- Services included: Common Areas, Sewer, Water
- HOA fee: $580 monthly
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $500/sqft
- Tax assessed value: $251,400
- Annual tax amount: $876
- Date on market: 11/13/2025
- Inclusions: AC Window Unit, Cable TV, Disposal, Range Hood, Range/Oven, Refrigerator, Water Heater
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Sold | $150,000-11.8%$500/sqft |
Source:  HiCentral MLS #202525425 Report a problem | ||
| 1/27/2026 | Contingent | $170,000$567/sqft |
Source: HiCentral MLS #202525425 Report a problem | ||
| 1/27/2026 | Listing removed | $1,600$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/24/2025 | Listed for rent | $1,600$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/13/2025 | Listed for sale | $170,000+100%$567/sqft |
Source: HiCentral MLS #202525425 Report a problem | ||
| 6/22/2004 | Sold | $85,000$283/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $880 +4.7% | $251,400 +4.7% |
| 2024 | $840 | $240,100 +6.1% |
| 2023 | -- | $226,400 +4.9% |
| 2022 | $756 -0.7% | $215,900 -0.7% |
| 2021 | $761 | $217,400 |
| 2020 | $761 -3.1% | $217,400 -3.1% |
| 2019 | $785 +9.1% | $224,300 +9.1% |
| 2018 | $719 +3.3% | $205,500 +3.3% |
| 2017 | $697 +5.8% | $199,000 +5.8% |
| 2016 | $658 +10.8% | $188,100 +10.8% |
| 2015 | $594 +5.3% | $169,700 +2.6% |
| 2014 | $564 | $165,400 |
Find assessor info on the county website
Neighborhood: Salt Lake
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Nearby schools
GreatSchools rating
- 9/10Salt Lake Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 8/10Moanalua Middle SchoolGrades: 7-8Distance: 0.6 mi
- 9/10Moanalua High SchoolGrades: 9-12Distance: 0.2 mi
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- Hawaii
- Honolulu County
- Honolulu
- 96818
- Salt Lake
- 2888 Ala Ilima St Apartment 1901
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