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  • $399,000

    509 University Ave APT 1003, Honolulu, HI 96826

    2beds
    696sqft
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    Condominium
    Built in 1961
    -- sqft lot
    $388,700 Zestimate®
    $573/sqft
    $1,351/mo HOA

    What's special

    Clean modern aestheticEngineered hardwood flooringExpansive windowsBeautifully renovated two-bedroom residence
    Set just beyond the energy of Waikiki, this beautifully renovated two-bedroom residence at Ala Wai Cove offers a refined balance of comfort and quality. Thoughtfully updated with high-end materials, the interior features engineered hardwood flooring, a well-appointed kitchen with stainless steel appliances and granite countertops, and an upgraded bathroom with large walk-in shower. The layout feels both functional and inviting, designed for everyday living with a clean, modern aesthetic. Expansive windows and a spacious 93 square foot lanai frame views of the Ala Wai Canal, the ocean beyond, and the vibrant Waikiki skyline, creating a dynamic backdrop from morning to evening. Whether enjoying your morning coffee or winding down at sunset, the lanai extends the living space and invites in cooling island breezes. Conveniently located near Waikiki, Iolani School, the University of Hawaii, shopping, dining, and major thoroughfares, Ala Wai Cove offers easy access to the best of Honolulu while remaining comfortably removed from the crowds. There is an $85K assessment = $548.38 monthly, building is starting work on hot water, fire safety and waste drains.
    201 days
    |
    127
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alesia D Barnes 808-397-7928,

    Compass,

    Aaron D Businger 808-429-2353,

    Compass

    Source: HiCentral MLS,MLS#: 202528533MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Features
      • Flooring: Ceramic Tile, Laminate
      Interior area
      • Total structure area: 789
      • Total interior livable area: 696 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Covered, One Space
      Features
      • Levels: Three Or More
      • Has view: Yes
      • View description: Canal, Coastline, City, Mountain(s), Ocean, Sunset
      • Has water view: Yes
      • Water view: Canal,Coastline,Ocean
      Details
      • Parcel number: 1270130110072
      • Zoning description: 13 - A-3 High Density Apartment
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise,Penthouse
      • Property subtype: Condominium
      Materials
      • Concrete
      Condition
      • Excellent,Updated/Remodeled
      • New construction: No
      • Year built: 1961
      • Major remodel year: 2025

      Community & HOA

      Community
      • Features: Laundry Facilities, Storage Facilities
      • Security: Key Card Entry
      • Subdivision: Kapiolani
      HOA
      • Amenities included: Management
      • Services included: Common Areas, Sewer, Water
      • HOA fee: $1,351 monthly
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $573/sqft
      • Tax assessed value: $435,500
      • Annual tax amount: $1,104
      • Date on market: 1/1/2026
      • Inclusions: AC Split, Cable TV, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector

        Estimated market value

        $388,700

        $369,000 - $408,000

        $2,732/mo

        Price history

        DateEventPrice
        1/1/2026Listed for sale$399,000$573/sqft
        Source: HiCentral MLS #202528533 Report a problem
        4/24/2007Sold$399,000+41%$573/sqft
        Source: Public Record Report a problem
        6/30/2004Sold$283,000$407/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,104 +0.8%$435,500 +0.6%
        2024$1,096 +3.1%$433,100 +7.3%
        2023$1,063 +5.3%$403,700 +3.9%
        2022$1,009 +1.7%$388,400 +1.3%
        2021$992 -2.8%$383,500 -2.1%
        2020$1,021 -3%$391,600 +2.9%
        2019$1,052 -1.5%$380,500 -1.2%
        2018$1,068 +4.4%$385,200 +3.5%
        2017$1,023 +4.3%$372,300 +3.4%
        2016$981 +6.9%$360,200 +5.3%
        2015$917 +11.8%$342,100 +5%
        2014$820 $325,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kapiolani

        Getting around

        86 / 100
        Very Walkable
        67 / 100
        Good Transit
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ala Wai
        • Middle: Washington
        • High: Kaimuki

        Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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