Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$388,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 696 Sq. Ft.
  • Ala Wai Cove
  • Fee Simple
  • Updated 7 days ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 509 University Ave #703

General

  • Price: $388,000
  • HOA FEE: $1,302
  • Taxes: $1,566
  • Status: Active
  • Type: Condo
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202616771
  • Updated: 11/3/2026
  • Added to Site: 71 day(s) ago

Rental Information

  • Complex Features: Deck/Porch, Laundry Facilities, Patio, Trash Chute

Interior

  • Interior Features: Storage
  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Vinyl

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

Community

  • Assoc. Fees Include: Common Areas, Hot Water, Maintenance Grounds, Maintenance Structure, Sewer, Water

Structural Information

  • Architectural Style: High Rise
  • Detached/Attached: Detached
  • Construction: Double Wall, Hollow Tile, Concrete
  • Entry Floor Number: 7
  • Square Feet: 696
  • Living Area: 696 Sq. Ft.
  • Year Built: 1961
  • Property Condition: Excellent, Good Condition, Updated/Remodeled

Lot Features

  • Property View: Canal, City, Golf Course, Mountain(s), Sunset, Sunrise
  • Mountain views: Yes
  • Lot Size: 28009
  • 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: $430,800
  • Tax Amount: $1,566

Disclosures and Reports

  • Special Conditions: None
  • Land Tenure: Fee Simple
  • Inclusions: Cable TV, Ceiling Fan, Drapes, Intercom, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector
  • Disclosures/Reports: Seller Disclosure
  • Disclosures/Rstr.: Seller Disclosure
  • Property ID: 1-2-7-013-011-0048

Listed by Hawaii Military Realty, Inc.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 509 University Ave #703 —

  • Hawaii Military Realty, Inc.

(808) 218-9338

Get Pre-Approved Today

Be ready to buy your new home!

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 #703

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 509 University Ave #703 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/03/2026
Price Reduced
$388,000
-2.76%
MLS
9/01/2026
Listed
$399,000
—
MLS
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 #703

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,566
—
$430,800
-4%
2025
$1,566
8%
$447,500
1%
2023
$1,455
3%
$444,800
7%
2022
$1,416
—
$415,600
3%
2022
$1,416
2%
$404,600
2%
2021
$1,391
—
$397,300
3%
2021
$1,391
34%
$385,200
2%
2019
$1,037
-2%
$376,300
-1%
2018
$1,054
5%
$381,100
4%
2017
$1,008
4%
$368,100
3%
2016
$966
7%
$356,100
5%
2015
$902
6%
$337,800
5%
2014
$848
—
$322,300
—
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.

Estimate the Cost for 509 University Ave #703

$
Down Payment
%
$
%

$
$

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

Listed by Hawaii Military Realty, Inc.

509 University Avenue #703, Honolulu, HI 96826 (MLS# 202616771) is a Condo property with 2 bedrooms and 1 full bathroom. 509 University Avenue #703 is currently listed for $388,000 and was received on September 01, 2026. Want to learn more about 509 University Avenue #703? 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.

Tour this property