| Description | Studio with one bath, one parking a lanai and a storage locker. Convenient location! Minutes away from University of Hawaii, Iolani School, Mid-Pac, shopping centers freeway and Waikiki. Secure lobby with intercom system. Unit is a fixer-upper. Price below assessed value. Will be sold AS-IS. |
|---|---|
| Status | Sold since 07-14-2025 |
| MLS# | 202515956 |
| Price | $218,000 |
| Original Price | $238,000 |
| Price Change | $-20,000 (-8.40%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 414 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $764 |
| Lanai Sq Ft | 85 |
| Building | Ala Wai Cove |
| Address | 509 University Avenue 707 Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Kapiolani |
| Days on Market | 42 |
| Year Built | 1961 |
| Condition | Needs Major Repair |
| View | City |
| Frontage | Other |
| Parking | Open - 1 |
| Zoning | 13 - A-3 High Density Apartment |
| Flood Zone | Zone A |
| Elementary | Ala Wai |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $87 |
| Assessed Land | $57,600 |
| Assessed Building | $236,900 |
| Assessed Total | $294,500 |
| Assessed Ratio | 74% |
| Inclusions | None |
| Amenities | Community Laundry, Resident Manager |
| Construction | Concrete, Double Wall |
| Flooring | Other |
| Disclosures | Pets Allowed (Verify) |
| Furnished | None |
| Land Recorded | Dual Systems |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Card, Key, Video |
| Parcel # | 1-2-7-013-011-0052 |
| Listing courtesy of | REMAX Hawaii |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 10-10-2025 | 202515956 | Sold | C | S | $218,000 | $192,000 | $294,500 | $57,600 | $236,900 |
| 08-25-2025 | 202515956 | Active Under Contract | A | C | $218,000 | $192,000 | $294,500 | $57,600 | $236,900 |
| 08-07-2025 | 202515956 | Price Decrease | $238,000 | $218,000 | $218,000 | $192,000 | $294,500 | $57,600 | $236,900 |
| 07-14-2025 | 202515956 | New Listing | A | $218,000 | $192,000 | $294,500 | $57,600 | $236,900 |
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