509 University Ave #703

Ala Wai Cove
509 University Ave #703
Honolulu, HI 96826

For Sale

Active

List Price

$399,000 (FS)

Property Type:: Condo/Townhouse
Bedrooms:: 2
Full Baths:: 1
Half Baths:: 0

Land Area (sf):: 28,009
Living (sf):: 696
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 1 - Assigned, Covered - 1

MLS #:: 202616771
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: KAPIOLANI
TMK:: 1-2-7-013-011-0048

List Date:: September 01, 2026

REMARKS:

Coveted 2-bedroom, 1-bathroom condo at Ala Wai Cove with sweeping Diamond Head and canal views! This beautifully updated residence offers an open-concept living, dining, and kitchen layout, creating a comfortable and inviting space for everyday living and entertaining. Step onto the spacious 93 sq. ft. lanai and enjoy unobstructed views of iconic Diamond Head, the Ala Wai Canal, Ala Wai Golf Course, and Ala Wai Park. The recently renovated kitchen features custom cabinetry, quartz countertops and backsplash, a new stove, cooktop, and range hood, providing a fresh and modern finish. Koa luxury vinyl plank flooring extends throughout the living areas and bedrooms, complementing the warm, inviting interior. Additional features include one assigned covered parking stall and a pet-friendly building. Ideally situated in the heart of Honolulu, Ala Wai Cove is conveniently located near shopping, restaurants, entertainment, beaches, and the many attractions of Waikiki. A rare opportunity to enjoy spectacular views, a thoughtful renovation, and an unbeatable central location.

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PROPERTY INFORMATION:

Zoning:: 13 - A-3 High Density Apartment
Furnished:: None

Year Built:: 1961
Year Remodeled:: 2026

FINANCIAL INFORMATION:

Assd. Val. Land:: $98,100
Assd. Val. Imprv:: $332,700
Assd. Val. Total:: $430,800

Tax Year:: 2025
Monthly Taxes:: $131
Home Exempt.:: $0

Maintenance Fees:: $1,302/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Diamond Head, Golf Course, Marina/Canal, Mountain, Sunrise, Sunset
Pool:: --
Amenities:: Community Laundry, Patio/Deck, Resident Manager, Trash Chute
Inclusions:: Cable TV, Ceiling Fan, Drapes, Intercom, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
Security:: Card, Key
Assn. Fee Inclusions:: Hot Water, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Maintenance

Lot Description:: --
Topography:: --
Number of Stories:: 8-14
Building Style:: High-Rise 7+ Stories
Property Condition:: Excellent, Above Average
Construction:: Concrete, Double Wall, Hollow Tile, Slab
Roofing:: --
Floor Covering:: Ceramic Tile, Vinyl

Disclosures:: Pets Allowed (Verify), Property Disclosure Stmt
Possession:: 45 Days or Less, At Closing
Terms Accept.:: Cash, Conventional, VA
Land Recorded:: Land Court

Exclusions:: --
Easements:: --
Set-Backs:: --

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, September 8, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. Listing courtesy of Hawaii Military Realty, Inc.