Ala Wai Plaza
500 University Avenue Unit 320 Honolulu HI 96826
$585,000 | Active
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Price dropped on 09-15-2026. Original price was $590,000
Listed on 08-19-2026
2 Bedrooms, 2 Full Baths, 1 Half Bath, 1 Parking Spaces
1,120 Square Feet Living * $1,022 Total Association Fees
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Property Last Viewed: 10/04/2026 03:58 PM, Total Views Today: 0, Total Views: 75
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OahuRE.com Notes About This Property
View all new listings in the Ala Wai Plaza since this property was listed.
Seller is selling `As Is` and may not want to do repairs or issue credits during the inspection period.
The last sale on January 19, 2017, used Conventional financing, so it is not an assumable mortgage.
Listed previously on August 24, 2016 for $552,888. View Details
Fell out of escrow or Temporarily Withdrawn 1 time. View Details
Price Decreased 4 times. View Details
Expired 1 time. View Details
There are 5 buildings in the same neighborhood with similar units for sale.
There are 74 buildings in the same region with similar units for sale.
There were 16 units sold in the last 2 years in the Ala Wai Plaza building.
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Property Details
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| MLS#: | 202615793 * Questions? |
| Status: | Active since 08-19-2026 See History |
| Price: | $585,000 |
| Monthly: | $ 4,804.37 Update the default down payment and interest rate |
| Monthly payment estimate for $ 585,000 price, 10% down, 7.4% interest rate, 30 year loan, $ 137 taxes, and $ 1,022 fees. Insurance not included. | |
| Beds: | 2 Baths: 2 Half: 1 Parking Spaces: 1 |
| Living Sq Ft: | 1,120 |
| Land Tenure: | FS - Fee Simple |
| Total Fees: | $1,022 |
| Lanai Sq Ft: | 0 |
| Address: | 500 University Avenue 320 Honolulu HI 96826 |
| Region: | Metro - Activity |
| Neighborhood: | Kapiolani - Activity |
| Street: | University - Activity * University Avenue 320 Stats |
| Building Name: | Activity in Ala Wai Plaza * Ala Wai Plaza Stats |
| Statistics: | Live Building Stats |
| Showing: | Showing Request with 20% Rebate |
| Original: | $590,000 |
| Change: | $-5,000 -0.85% |
| Parcel#: | 1-2-7-013-002-0039 |
| Link: | Tax Info/Plat Map/Parcel Map/Sketch |
| Days: | 51 days in Active or In Escrow Showing |
| Date: | Listed: 08-19-2026 |
| Date: | Status Change: 08-19-2026 |
| Recent History: | Last Sold on 01-19-2017 for $517,000 - MLS# 201621951 - Seller's Agent: Chad TY Shimabukuro, Buyer's Agent: Carol P Christie |
| Year Built: | 1970 Remodeled: |
| View: | City, Diamond Head |
| Frontage: | |
| Monthly Tax: | $137 Year: 2026 |
| Land: | FS - Fee Simple |
| Condition: | Excellent, Above Average |
| Description: | |
|
Price Improvement! Welcome to this well-maintained split-level residence at sought-after Ala Wai Plaza, featuring a unique 2BR/2.5BA floor plan with 2 bedrooms and 2 full baths upstairs, and the kitchen, living room, and half bath downstairs. Enjoy a peek-a-boo Diamond Head view from the primary bedroom and peaceful treetop views. Features include laminate flooring throughout, jalousie windows with new screens for refreshing trade winds and excellent cross-ventilation, hardwood kitchen cabinet doors, quartz countertops in the kitchen and both full baths, renovated bathroom vanities, a new dishwasher, and popcorn ceiling removal throughout most of the home. The spacious lanai with roller shades offers a serene spot for morning coffee, entertaining, or unwinding, with no afternoon sun for added comfort. Maintenance fee includes cable, internet, and hot water. Enjoy convenient Honolulu living near the park, Ala Wai Canal, community garden, ‘Iolani School (K–12), Ala Wai Elementary, UH Manoa, McCully dining, Ala Moana Center, Waikiki, and nearby beaches. Come see this special home and make it your own! |
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| Inclusions:
AC Window Unit, Dishwasher, Disposal, Drapes, Dryer, Microwave Hood, Microwave, Range/Oven, Refrigerator, Washer
Amenities: BBQ, Community Association Pool, Exercise Room, Patio/Deck, Recreation Area, Resident Manager, Security Guard, Trash Chute Utilities: Construction: Above Ground, Concrete Lot Features: Floor: Ceramic Tile, Laminate, Marble/Granite Disclosures: Property Disclosure Stmt Land Recorded: Land Court Furnished: Unknown Possession: At Closing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Sale Conditions: None Pet Friendly: Yes Occupancy: 61% Number of Parking Spaces: 1 Parking Spaces Number: 21 Floor Number: 3 Elevators: Management Company Name & Phone: Hawaiian Properties (808)539-9777 |
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| Sold Price: | |
| Concession: | |
| Closed: | |
| Sold Ratio: | |
| Days Sold: | |
| Land: | $96,400 |
| Building: | $492,400 |
| Assessed Total: | $588,800 |
| Assessed Ratio: | 99.35% |
| Pool: | |
| Location: | |
| Parking: | Assigned |
| District Locator: | DOE Locator to Confirm District |
| Area Total: | 6,941,983 |
| Acres: | 159.3660 |
| Topography: | |
| Building Style: | High-Rise 7+ Stories |
| Building: | Ala Wai Plaza |
| New Const: | No |
| Maint. Fee: | $856 |
| Assoc. Fee: | $0 |
| Other Fee: | $166 |
| Includes: | Cable TV, Hot Water, Internet Service, Sewer, Water |
| Total Fees: | $1,022 |
| Exemption: | 120000 |
| Other: | 0 |
| Lanai Sq Ft: | 0 |
| Garage Sq Ft: | 0 |
| Avg Sq Ft Living: | $522.32 |
| Security: | Key |
| Rental Income: | $0 |
| Zoning: | 13 - A-3 High Density Apartment |
| Flood Zone: | Zone AO * Check if this property is in a Flood Zone |
| Tsunami Zone: | Check if this property is in a Tsunami Zone * Tsunami Info * Oahu Tsunami Map |
| Roofing: | |
| Set-Backs: | Roads: |
| Easements: | |
| Links: | |
| Google Maps * Supermarkets * Schools * Private Schools * Hospitals * Restaurants * Gyms * Shopping * Attractions * Beaches * Churches * Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch | |
| Commuting: | |
| Waikiki * Downtown * Ala Moana * Airport * Kapolei * Hawaii Kai * Kailua Town * Windward Mall * Waikele * North Shore | |
| Barbers Point * Camp Smith * Fort Shafter * Hickam * Lualualei * K-Bay Marine * Pearl Harbor * Schofield * Tripler * Wheeler * VA Mortgage Info | |
| Closing Cost Calculators: | |
| Buyer's Closing Cost Calculator to estimate the buyer's closing cost. | |
| Seller's Closing Cost Calculator to estimate the seller's closing cost. | |
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| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
| 09-15-2026 | 202615793 | Price Decrease | $590,000 | $585,000 | $585,000 | $0 | $588,800 | $96,400 | $492,400 |
| 08-19-2026 | 202615793 | New Listing | $590,000 | Active | $585,000 | $0 | $588,800 | $96,400 | $492,400 |
| 01-19-2017 | 201621951 | Sold | $590,000 | Sold | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 01-17-2017 | 201621951 | In Escrow Not Showing | In Escrow Showing | In Escrow Not Showing | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 01-13-2017 | 201621951 | In Escrow – Showing | Active | In Escrow Showing | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 01-13-2017 | 201621951 | Back On Market | Expired | Active | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 01-01-2017 | 201621951 | Expired | In Escrow Showing | Expired | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 12-09-2016 | 201621951 | Active Continue to Show | Active | In Escrow Showing | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 11-10-2016 | 201621951 | Price Decrease | $539,000 | $524,995 | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 11-04-2016 | 201621951 | Price Decrease | $549,000 | $539,000 | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 10-17-2016 | 201621951 | Price Decrease | $552,888 | $549,000 | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
| 08-24-2016 | 201621951 | New Listing | $552,888 | Active | $524,995 | $517,000 | $524,000 | $59,200 | $464,800 |
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Pet Friendly Building - Always confirm with Agent.
Pet Policy: 2 Pets - under 20 lbs. Cats, birds, fish, dogs are allowed.
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Comparables
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City and County Public Information Links
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Tax Info including a Plat Map PDF and GIS Parcel Map Department of Planning & Permitting All Permits Tax Records and Property History in this Neighborhood |
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Estimated Monthly Mortgage Payment
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Save $82,553.17 of interest charges by adding an extra payment of $100 per month. View details from the link above.
Rate: |
6.65% | 6.90% | 7.15% | 7.40% | 7.65% | 7.90% | 8.15% | 8.40% | 8.90% |
0% Down |
$3,755 | $3,853 | $3,951 | $4,050 | $4,151 | $4,252 | $4,354 | $4,457 | $4,665 |
3.5% Down |
$3,624 | $3,718 | $3,813 | $3,909 | $4,005 | $4,103 | $4,201 | $4,301 | $4,502 |
10% Down |
$3,380 | $3,468 | $3,556 | $3,645 | $3,736 | $3,827 | $3,918 | $4,011 | $4,199 |
20% Down |
$3,004 | $3,082 | $3,161 | $3,240 | $3,321 | $3,401 | $3,483 | $3,565 | $3,732 |
30% Down |
$2,629 | $2,697 | $2,766 | $2,835 | $2,905 | $2,976 | $3,048 | $3,120 | $3,266 |
40% Down |
$2,253 | $2,312 | $2,371 | $2,430 | $2,490 | $2,551 | $2,612 | $2,674 | $2,799 |
50% Down |
$1,878 | $1,926 | $1,976 | $2,025 | $2,075 | $2,126 | $2,177 | $2,228 | $2,333 |
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Listing courtesy of Nahoku Realty LLC
| Active means currently for sale. Active Under Contract means in escrow but still showing and looking for offers. Pending means in escrow and not looking for offers. Hold means the property is temporarily off the market. Cancelled means it is off the market. |
Buyer's rebate is 20% of our commission when we represent the buyer. Based on the information from the Multiple Listing Service of HiCentral MLS, Ltd. Active listings last updated on 10.09.26. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent and we offer you are 20% rebate on our commission. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation. The offer of compensation to cooperating participants is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference |