| Description | This condo unit is truly an Investor’s dream come true! The 1-bedroom, 1-bathroom, 684 sq ft end unit offers natural breezes, lots of privacy, stunning Diamond Head views, a covered parking stall, and the convenience of location, lifestyle, and income potential. Ala Wai Plaza Skyrise—recently named Building of the Year 2024—features premium amenities including a pool, BBQ area, and 24/7 security. Plumbing re-piping was completed in 2021, and the building is fully hurricane insured. Unit is being sold strictly “AS IS,” making this an unbeatable opportunity to renovate, rent, or flip for maximum value. This is the chance savvy investors have been waiting for...bring your best offer today! |
|---|---|
| Status | Sold since 07-21-2025 |
| MLS# | 202512486 |
| Price | $448,888 |
| Original Price | $500,000 |
| Price Change | $-51,112 (-10.22%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 684 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $779 |
| Lanai Sq Ft | 124 |
| Building | Ala Wai Plaza Skyrise |
| Address | 555 University Avenue 3207 Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Kapiolani |
| Days on Market | 19 |
| Year Built | 1971 |
| Condition | Average |
| View | Diamond Head |
| Parking | Covered - 1 |
| Zoning | 13 - A-3 High Density Apartment |
| Flood Zone | Zone A |
| Elementary | Ala Wai |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $50 |
| Assessed Land | $57,100 |
| Assessed Building | $423,900 |
| Assessed Total | $481,000 |
| Assessed Ratio | 93% |
| Inclusions | Ceiling Fan, Disposal, Microwave Hood, Range/Oven, Refrigerator |
| Amenities | BBQ, Car Wash, Patio/Deck, Pool on Property, Resident Manager, Security Guard, Storage, Trash Chute |
| Construction | Concrete |
| Flooring | Laminate |
| Disclosures | Lender Approval Required, Pets Allowed (Verify) |
| Furnished | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | Lien Release, Short Sale |
| Building Style | High-Rise 7+ Stories |
| Security | Card, Keyed Elevator, Security Patrol, Video |
| Notice | Short Sale |
| Parcel # | 1-2-7-013-008-0178 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 12-05-2025 | 202512486 | Sold | C | S | $448,888 | $440,000 | $481,000 | $57,100 | $423,900 |
| 08-09-2025 | 202512486 | Active Under Contract | A | C | $448,888 | $440,000 | $481,000 | $57,100 | $423,900 |
| 07-29-2025 | 202512486 | Price Decrease | $500,000 | $448,888 | $448,888 | $440,000 | $481,000 | $57,100 | $423,900 |
| 07-21-2025 | 202512486 | New Listing | CS | A | $448,888 | $440,000 | $481,000 | $57,100 | $423,900 |
| 03-01-2022 | 202130096 | Sold | C | S | $499,000 | $499,000 | $473,400 | $50,100 | $423,300 |
| 01-19-2022 | 202130096 | In Escrow Showing | A | C | $499,000 | $499,000 | $473,400 | $50,100 | $423,300 |
| 01-07-2022 | 202130096 | Back On Market | C | A | $499,000 | $499,000 | $473,400 | $50,100 | $423,300 |
| 12-28-2021 | 202130096 | In Escrow Showing | A | C | $499,000 | $499,000 | $473,400 | $50,100 | $423,300 |
| 12-23-2021 | 202130096 | New Listing | CS | A | $499,000 | $499,000 | $473,400 | $50,100 | $423,300 |
| 12-23-2021 | 202130096 | Coming Soon | I | CS | $499,000 | $499,000 | $473,400 | $50,100 | $423,300 |
| 05-27-2016 | 201607145 | Sold | P | S | $475,000 | $473,000 | $406,500 | $35,100 | $371,400 |
| 05-26-2016 | 201607145 | Pending | C | P | $475,000 | $473,000 | $406,500 | $35,100 | $371,400 |
| 05-03-2016 | 201607145 | Active Continue to Show | A | C | $475,000 | $473,000 | $406,500 | $35,100 | $371,400 |
| 04-19-2016 | 201607145 | New Listing | A | $475,000 | $473,000 | $406,500 | $35,100 | $371,400 |
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