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    • $468,600

    738 Palani Ave APT 502, Honolulu, HI 96816

    2beds
    586sqft
    Condominium
    Built in 1995
    -- sqft lot
    $472,100 Zestimate®
    $800/sqft
    $1,997 Estimated rent

    Home value

    $472,100

    $448,000 - $496,000

    $1,997/mo

    Zestimate® history
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    $2,090/mo

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    What's special

    Rarely available 2BR corner-end unit with only 2 units per floor! This delightful, pet-friendly building built in 1995, is a gem in Kapahulu with just 8 units total, 100% hurricane insurance with full replacement cost, and guest parking! A commuter’s dream, this prime location provides quick access to the freeway, beaches, Waikiki, University of Hawaii, Ala Moana, and downtown Honolulu. This urban haven features breathtaking views of Diamond Head, golf course, and mountains by day, and sparkling city lights at night. Your top-floor retreat features 3 lanais to soak in the island breeze, plus split A/C for those warmer tropical days. Move-in ready and beautifully upgraded throughout, including an in-unit washer/dryer! Nestled between Diamond Head and Waikiki, Kapahulu is a vibrant, eclectic neighborhood brimming with shopping, dining, and local favorites—from poke bowls to shave ice and malasadas. Outdoor enthusiasts will love the close proximity to beaches, hiking trails, Ala Wai golf course, and parks. Don’t miss this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina M Nishiyama 808-479-3915,

    Engel & Volkers Honolulu

    Bought with:

    Micah S Grafsgaard, RB-23305

    Paradise Real Estate Brokers

    Source: HiCentral MLS,MLS#: 202504878MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Screened porch
    • Level: Main
    Features
    • Bedroom on Main Level, Full Bath on Main Level
    • Flooring: Vinyl
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 672
    • Total interior livable area: 586 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Guest, One Space, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More,One
    • Has view: Yes
    • View description: City, Golf Course, Mountain(s)
    Details
    • Parcel number: 1270340450008
    • Zoning description: 12 - A-2 Medium Density Apartme
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Low Rise,Penthouse
    • Property subtype: Condominium
    Materials
    • Double Wall, Concrete
    • Foundation: Slab
    Condition
    • Excellent,Updated/Remodeled
    • New construction: No
    • Year built: 1995
    • Major remodel year: 2022

    Community & HOA

    Community
    • Features: None
    • Security: Closed Circuit Camera(s), Elevator Secured, Key Card Entry
    • Subdivision: Kapahulu
    HOA
    • Services included: Common Areas, Sewer, Water
    • HOA fee: $716 monthly
    Location
    • Region: Honolulu

    Financial & listing details

    • Price per square foot: $800/sqft
    • Tax assessed value: $440,000
    • Annual tax amount: $1,080
    • Date on market: 2/13/2025
    • Inclusions: AC Split, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater

    Price history

    DateEventPrice
    5/15/2026Listing removed$480,000$819/sqft
    Source: HiCentral MLS #202605711 Report a problem
    4/17/2026Price change$480,000-3.8%$819/sqft
    Source: HiCentral MLS #202605711 Report a problem
    3/16/2026Listed for sale$499,000+6.5%$852/sqft
    Source: HiCentral MLS #202605711 Report a problem
    4/4/2025Sold$468,600-1.3%$800/sqft
    Source: HiCentral MLS #202504878 Report a problem
    3/6/2025Contingent$475,000$811/sqft
    Source: HiCentral MLS #202504878 Report a problem
    2/14/2025Listed for sale$475,000+2.2%$811/sqft
    Source: HiCentral MLS #202504878 Report a problem
    8/30/2022Sold$465,000$794/sqft
    Source: Agent Provided Report a problem
    7/20/2022Contingent$465,000$794/sqft
    Source: HiCentral MLS #202209545 Report a problem
    7/9/2022Listed for sale$465,000+103.9%$794/sqft
    Source: HiCentral MLS #202209545 Report a problem
    9/27/1995Sold$228,000$389/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,120 +3.7%$440,000 +2.7%
    2024$1,080 -10.9%$428,600 -4%
    2023$1,213 +12.1%$446,500 +9.1%
    2022$1,082 +12.9%$409,100 +9.4%
    2021$958 -10%$373,800 -7.5%
    2020$1,065 -10.6%$404,300 -3.9%
    2019$1,192 +8.4%$420,500 +6.7%
    2018$1,100 +5.4%$394,200 +4.2%
    2017$1,044 +2.4%$378,200 +1.9%
    2016$1,019 +7.7%$371,200 +5.9%
    2015$947 +19.2%$350,500 +4.8%
    2014$794 $334,600
    Find assessor info on the county website

    Neighborhood: Kapahulu

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