Ala Wai Plaza
500 University Ave #309
Honolulu, HI 96826

For Sale
Active
List Price
$550,000 (FS)

Upcoming Open House Events:

PUBLIC:
Sunday, May 19, 2024 2:00 PM - 5:00 PM UST REDUCED $48,000!!! Best sweat equity value 2 bed/2.5 bath, two story unit facing Waikiki, 1 Assigned parking located close to security gate! Great 24 hour Security! Nice marble floors, Grand view, overlooking Ala Wai Neighborhood Park! $550,000 Fee Simple, MOTIVATED SELLER! Low maintenance fees with great amenities, salt water swimming pool, fitness room, onsite Resident Manager, Great location, Pet friendly, awesome cross breeze, space and price!!! Ala Wai Plaza 309 checks all the boxes!
This is an online event. To attend, please visit:
Property Type:
Condo/Townhouse
Bedrooms:
2
Full Baths:
2
Half Baths:
1
Land Area (sf):
6,941,983
Living (sf):
1,120
Lanai (sf):
105
Other (sf):
--
Parking Stalls:
1 - Assigned, Open - 1, Street
MLS #:
202407429
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPIOLANI
TMK:
1-2-7-013-002-0029
List Date:

REMARKS:

HUGE PRICE REDUCTION!!! Beautiful, spacious, and breezy 2-story, 2-bedroom, 2.5-bathroom unit at Ala Wai Plaza! It is a coveted building, 24 hour Security Guards, onsite Resident Manager/with office, very well kept! Unit has great floor plans. Large kitchen and living room area with 1/2 bath on the first floor, then two bedrooms with two full baths upstairs, excellent cross breeze, and preferred view overlooking the park and Ala Wai Canal! Some remodeling was done with lovely marble floors, a newly painted interior, and resurfaced cabinets. Seller motivation with a 'sweat equity Buyer" is win win scenario!! Clean working appliances and a large lanai overlook the pool area Ala Wai Canal and Neighborhood Park. Perfect for relaxing sunsets. One open, assigned parking stall, that is super close to the security entrance! It is a remarkably well maintained building with a large saltwater swimming pool, fitness room, upgraded security elevators, and friendly and well-kept common areas. Bike and surfboard storage, too! Fantastic Location. The seller is giving the carpet credit. Maintenance fee includes water, hot water, sewer, cable, and current assessment for capital improvements.

PROPERTY INFORMATION:

Zoning:
13 - A-3 High Density Apartment
Furnished:
Partial
Year Built:
1970
Year Remodeled:
2016

FINANCIAL INFORMATION:

Assd. Val. Land:
$91,300
Assd. Val. Imprv:
$490,000
Assd. Val. Total:
$581,300
Tax Year:
2023
Monthly Taxes:
$108
Home Exempt.:
$0
Maintenance Fees:
$941/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
City, Garden, Marina/Canal, Mountain, Sunset
Pool:
--
Amenities:
BBQ, Car Wash, Community Association Pool, Exercise Room, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Security Guard, Storage, Trash Chute
Inclusions:
Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer
Security:
Key, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:
Other Common Expenses, Sewer, Water
Other Fee Inclusions:
--
Lot Description:
--
Topography:
--
Number of Stories:
Two
Building Style:
High-Rise 7+ Stories
Property Condition:
Average
Construction:
Concrete
Roofing:
--
Floor Covering:
Marble/Granite, W/W Carpet
Disclosures:
Pets Allowed (Verify), Property Disclosure Stmt
Possession:
At Closing
Terms Accept.:
Cash, Conventional, FHA, VA
Land Recorded:
Regular System
Exclusions:
--
Easements:
--
Set-Backs:
--
Compensation*:
2.5
Compensation Type:
%

* The offer of compensation to cooperating brokers 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.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 18, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Harper Island Realty LLC