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  • $399,000

    509 University Ave APT 703, Honolulu, HI 96826

    2beds
    696sqft
    : 
    $3,672/mo
    Get pre-qualified
    Condominium
    Built in 1961
    -- sqft lot
    $387,300 Zestimate®
    $573/sqft
    $1,302/mo HOA

    What's special

    Coveted 2-bedroom, 1-bathroom condo at Ala Wai Cove with sweeping Diamond Head and canal views! This beautifully updated residence offers an open-concept living, dining, and kitchen layout, creating a comfortable and inviting space for everyday living and entertaining. Step onto the spacious 93 sq. ft. lanai and enjoy unobstructed views of iconic Diamond Head, the Ala Wai Canal, Ala Wai Golf Course, and Ala Wai Park. The recently renovated kitchen features custom cabinetry, quartz countertops and backsplash, a new stove, cooktop, and range hood, providing a fresh and modern finish. Koa luxury vinyl plank flooring extends throughout the living areas and bedrooms, complementing the warm, inviting interior. Additional features include one assigned covered parking stall and a pet-friendly building. Ideally situated in the heart of Honolulu, Ala Wai Cove is conveniently located near shopping, restaurants, entertainment, beaches, and the many attractions of Waikiki. A rare opportunity to enjoy spectacular views, a thoughtful renovation, and an unbeatable central location.
    1 day
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff R Loyd 808-542-6095,

    Hawaii Military Realty, Inc.

    Source: HiCentral MLS,MLS#: 202616771MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Features
      • Storage
      • Flooring: Ceramic Tile, Vinyl
      Interior area
      • Total structure area: 696
      • 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, City, Golf Course, Mountain(s), Sunset, Sunrise
      • Has water view: Yes
      • Water view: Canal
      Details
      • Parcel number: 1270130110048
      • Zoning description: 13 - A-3 High Density Apartment
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      Materials
      • Double Wall, Hollow Tile, Concrete
      • Foundation: Slab
      Condition
      • Excellent,Good Condition,Updated/Remodeled
      • New construction: No
      • Year built: 1961
      • Major remodel year: 2026

      Community & HOA

      Community
      • Features: Deck/Porch, Laundry Facilities, Patio, Trash Chute
      • Security: Key Card Entry
      • Subdivision: Kapiolani
      HOA
      • Amenities included: Management
      • Services included: Common Areas, Hot Water, Maintenance Grounds, Maintenance Structure, Sewer, Water
      • HOA fee: $1,302 monthly
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $573/sqft
      • Tax assessed value: $430,800
      • Annual tax amount: $1,566
      • Date on market: 9/1/2026
      • Inclusions: Cable TV, Ceiling Fan, Drapes, Intercom, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector

        Estimated market value

        $387,300

        $368,000 - $407,000

        $2,522/mo

        Price history

        DateEventPrice
        9/2/2026Listed for sale$399,000-0.2%$573/sqft
        Source: HiCentral MLS #202616771 Report a problem
        6/1/2026Listing removed$399,900$575/sqft
        Source: HiCentral MLS #202525750 Report a problem
        3/26/2026Price change$399,900-5.9%$575/sqft
        Source: HiCentral MLS #202525750 Report a problem
        11/20/2025Listed for sale$425,000+13.3%$611/sqft
        Source: HiCentral MLS #202525750 Report a problem
        1/28/2021Listing removed--
        Source: Owner Report a problem
        2/6/2020Listing removed$2,200$3/sqft
        Source: Owner Report a problem
        1/22/2020Listed for rent$2,200$3/sqft
        Source: Owner Report a problem
        11/19/2019Sold$375,000$539/sqft
        Source: Public Record Report a problem
        10/25/2019Price change$375,000-3.6%$539/sqft
        Source: ChaneyBrooks Choice Advisors #201930165 Report a problem
        9/13/2019Price change$389,000-2.5%$559/sqft
        Source: ChaneyBrooks Choice Advisors #201926107 Report a problem
        6/26/2019Listed for sale$399,000+7.8%$573/sqft
        Source: ChaneyBrooks Choice Advisors #201916884 Report a problem
        8/13/2014Sold$370,000+12.1%$532/sqft
        Source: Public Record Report a problem
        7/30/2010Sold$330,000-1.5%$474/sqft
        Source: Public Record Report a problem
        6/26/2010Price change$335,000-4.3%$481/sqft
        Source: NRT Hawaii #1006726 Report a problem
        5/23/2010Listed for sale$350,000$503/sqft
        Source: NRT Hawaii #1006726 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $430,800 -3.7%
        2025$1,566 -49.1%$447,500 +0.6%
        2024$3,076 +111.5%$444,800 +7%
        2023$1,455 -47.4%$415,600 +2.7%
        2022$2,768 +99%$404,600 +1.8%
        2021$1,391 -41%$397,300 +3.1%
        2020$2,356 +127.2%$385,200 +2.4%
        2019$1,037 -1.6%$376,300 -1.3%
        2018$1,054 +4.5%$381,100 +3.5%
        2017$1,008 +4.3%$368,100 +3.4%
        2016$966 +7.1%$356,100 +5.4%
        2015$902 +12%$337,800 +4.8%
        2014$806 $322,300
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Kapiolani

        Getting around

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

        Nearby schools

        GreatSchools rating

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