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$399,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 789 Sq. Ft.
  • Ala Wai Cove
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Set just beyond the energy of Waikiki, this beautifully renovated two-bedroom residence at Ala Wai Cove offers a refined balance of comfort and quality. Thoughtfully updated with high-end materials, the interior features engineered hardwood flooring, a well-appointed kitchen with stainless steel appliances and granite countertops, and an upgraded bathroom with large walk-in shower. The layout feels both functional and inviting, designed for everyday living with a clean, modern aesthetic. Expansive windows and a spacious 93 square foot lanai frame views of the Ala Wai Canal, the ocean beyond, and the vibrant Waikiki skyline, creating a dynamic backdrop from morning to evening. Whether enjoying your morning coffee or winding down at sunset, the lanai extends the living space and invites in cooling island breezes. Conveniently located near Waikiki, Iolani School, the University of Hawaii, shopping, dining, and major thoroughfares, Ala Wai Cove offers easy access to the best of Honolulu while remaining comfortably removed from the crowds.

Full Property Details for 509 University Ave #1003

General

  • Price: $399,000
  • HOA FEE: $1,302
  • Taxes: $1,104
  • Status: Active
  • Type: Condo
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202528533
  • Updated: 1/2/2026
  • Added to Site: 16 day(s) ago

Rental Information

  • Complex Features: Laundry Facilities, Storage Facilities

Interior

  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Management
  • Security/Safety: Key Card Entry

Parking

  • Total Spaces: 1
  • Parking Features: Assigned, Covered, One Space

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: KAPIOLANI
  • Building Name: Ala Wai Cove

School Information

  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki

Community

  • Assoc. Fees Include: Common Areas, Sewer, Water

Structural Information

  • Architectural Style: High Rise, Penthouse
  • Detached/Attached: Detached
  • Construction: Concrete
  • Entry Floor Number: 10
  • Square Feet: 789
  • Living Area: 696 Sq. Ft.
  • Year Built: 1961
  • Property Condition: Excellent, Updated/Remodeled

Lot Features

  • Property View: Canal, Coastline, City, Mountain(s), Ocean, Sunset
  • Mountain views: Yes
  • Zoning: 13 - A-3 High Density Apartment

Water Features

  • Water View: Yes

Financial Considerations

  • Maint. Fee: $1,302
  • Maint. Fee/Month: $1,302
  • Assessment Amount: $435,500
  • Tax Amount: $1,104.24

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: AC Split, Cable TV, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
  • Disclosures/Reports: Seller Disclosure
  • Disclosures/Rstr.: Seller Disclosure
  • Property ID: 1-2-7-013-011-0072

Listed by Compass

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Listing agents

— 509 University Ave #1003 —

  • Compass

  • Compass

(808) 825-4277

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 509 University Ave #1003

School District:Hawaii Department of Education
NameGradesDistance
Ala Wai Elementary School
503 Kamoku Street, Honolulu, HI 96826
PK-50.1 mi
President George Washington Middle School
1633 South King Street, Honolulu, HI 96826
6-80.9 mi
Kaimuki High School
2705 Kaimuki Avenue, Honolulu, HI 96816
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 509 University Ave #1003 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/01/2026
Listed
$399,000
—
MLS
4/24/2007
Sold
$399,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 509 University Ave #1003

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,096
3%
$435,500
1%
2023
$1,063
5%
$433,100
7%
2022
$1,009
—
$403,700
4%
2022
$1,009
2%
$388,400
1%
2021
$992
—
$383,500
-2%
2021
$992
-7%
$391,600
2%
2018
$1,068
4%
$385,200
3%
2017
$1,023
4%
$372,300
3%
2016
$981
7%
$360,200
5%
2015
$917
-13%
$342,100
-10%
2019
$1,052
44%
$380,500
17%
2013
$732
—
$325,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Compass

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509 University Avenue #1003, Honolulu, HI 96826 (MLS# 202528533) is a Condo property with 2 bedrooms and 1 full bathroom. 509 University Avenue #1003 is currently listed for $399,000 and was received on January 01, 2026. Want to learn more about 509 University Avenue #1003? Do you have questions about finding other Condo real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

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