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.
Active
$399,000
509 University Ave APT 703, Honolulu, HI 96826
2beds
696sqft
Condominium
Built in 1961
-- sqft lot
$387,300 Zestimate®
$573/sqft
$1,302/mo HOA
What's special
- 1 day
- 15
- 0
Zillow last checked:
Listing updated:
Listed by:
Jeff R Loyd 808-542-6095,
Hawaii Military Realty, Inc.
Source: HiCentral MLS,MLS#: 202616771
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
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $399,000-0.2%$573/sqft |
Source: | ||
| 6/1/2026 | Listing removed | $399,900$575/sqft |
Source: | ||
| 3/26/2026 | Price change | $399,900-5.9%$575/sqft |
Source: | ||
| 11/20/2025 | Listed for sale | $425,000+13.3%$611/sqft |
Source: | ||
| 1/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/6/2020 | Listing removed | $2,200$3/sqft |
Source: Owner Report a problem | ||
| 1/22/2020 | Listed for rent | $2,200$3/sqft |
Source: Owner Report a problem | ||
| 11/19/2019 | Sold | $375,000$539/sqft |
Source: Public Record Report a problem | ||
| 10/25/2019 | Price change | $375,000-3.6%$539/sqft |
Source: ChaneyBrooks Choice Advisors #201930165 Report a problem | ||
| 9/13/2019 | Price change | $389,000-2.5%$559/sqft |
Source: ChaneyBrooks Choice Advisors #201926107 Report a problem | ||
| 6/26/2019 | Listed for sale | $399,000+7.8%$573/sqft |
Source: ChaneyBrooks Choice Advisors #201916884 Report a problem | ||
| 8/13/2014 | Sold | $370,000+12.1%$532/sqft |
Source: Public Record Report a problem | ||
| 7/30/2010 | Sold | $330,000-1.5%$474/sqft |
Source: Public Record Report a problem | ||
| 6/26/2010 | Price change | $335,000-4.3%$481/sqft |
Source: NRT Hawaii #1006726 Report a problem | ||
| 5/23/2010 | Listed for sale | $350,000$503/sqft |
Source: NRT Hawaii #1006726 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment





