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509 University Avenue 504 · Ala Wai Cove

Honolulu HI 96826 · Active · $225,000

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Open House Sun Nov 8, 2:00pm-5:00pm

509 University Avenue 504 · Ala Wai Cove

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Rebate20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling
DescriptionDesirable CORNER 2-bedroom, 1-bath end unit with excellent natural light, cross-ventilation, and expansive views toward Waikiki, Diamond Head, Ala Wai Canal, and Ala Wai Park. This FEE-SIMPLE unit offers a functional two-bedroom layout, lanai, dedicated parking, and private storage in a well-located Honolulu condominium. Enjoy easy access to 'Iolani School, Ala Wai Elementary School, paddling clubs, University of Hawaii, Ala Wai Golf Course, Ala Wai Park, and Ala Wai Dog Park. Ala Wai Cove is a PET-FRIENDLY secured elevator building with a welcoming pet policy–a rare find for the owners of larger four-legged companions. Newer building windows provide added comfort and value. Bring your ideas and make this spacious residence your own. The highly-motivated seller will carefully consider all offers and is offering a flooring credit to the buyer at closing.
StatusActive since 10-20-2026
MLS#202619663
Price$225,000
Original Price$225,000
Price Change (0.00%)
Beds / Baths / Half2 / 1 / 0
Parking Spaces1
Living Sq Ft705
Land TenureFS - Fee Simple
Maintenance Fee$1,359 — includes Hot Water, Other Common Expenses, Water
Lanai Sq Ft93
BuildingAla Wai Cove
Address509 University Avenue 504 Honolulu HI 96826
RegionMetro
NeighborhoodKapiolani
Days on Market14
Year Built1961
ConditionAverage,Fair
ViewCity, Diamond Head, Garden, Golf Course, Marina/Canal, Other, Sunrise, Sunset
ParkingAssigned, Garage, Open - 1
Zoning13 - A-3 High Density Apartment
Flood ZoneZone A · See flood zone map · Explain flood zones
Monthly Tax$115
Assessed Land$98,700
Assessed Building$296,100
Assessed Total$394,800
Assessed Ratio57%
InclusionsDrapes, Range/Oven, Refrigerator
AmenitiesCommunity Laundry, Other, Resident Manager, Storage, Trash Chute
ConstructionBrick, Concrete, Double Wall, Masonry/Stucco
FlooringCeramic Tile, W/W Carpet
DisclosuresCall Listor, Licensed Owner, Pets Allowed (Verify), Property Disclosure Stmt, Relative of Licensee, See Remarks
Land RecordedLand Court
PossessionAt Closing
Sale ConditionsNone
Building StyleHigh-Rise 7+ Stories
Stories8-14
Floor Number5
SecurityCard, Gated Community, Key, Video
Open HouseSun Nov 8, 2:00pm-5:00pm
Parcel #1-2-7-013-011-0033
Listing courtesy ofColdwell Banker Realty
DateMLS#ChangeOld ValueNew ValueList PriceSold PriceAssessed TotalLandBuilding
10-20-2026202619663New ListingA$225,000$0$394,800$98,700$296,100
07-09-2026202607529CancelledAW$249,000$0$394,800$98,700$296,100
06-25-2026202607529Price Decrease$269,000$249,000$249,000$0$394,800$98,700$296,100
04-14-2026202607529New ListingA$249,000$0$394,800$98,700$296,100
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