The Ulu Team

$399,000

509 University Avenue #1003

KAPIOLANI · Honolulu · 96826 · MLS 202528533

  • 2beds
  • 1baths
  • 696living sqft
  • Condotype

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. There is an $85K assessment = $548.38 monthly, building is starting work on hot water, fire safety and waste drains.

Building & interior

Condition
Excellent · Updated Remodeled
Living area
696 sqft
Total area
789 sqft
Year built
1961
Renovated
2025
Stories
Three Or More
Floor
10
Parking
1 stalls · Assigned · Covered · One Space
Furnished
Unfurnished
View
Canal · Coastline · City · Mountains · Ocean · Sunset

HOA & monthly fees

Maintenance fee
$1,351/mo
Total monthly fees
$1,351/mo
Fee includes
Common Areas · Sewer · Water
Owner-occupancy
Vacant-occupied

Construction & features

Flooring
Ceramic Tile · Laminate
Construction
Concrete
Community
Laundry Facilities · Storage Facilities
Security
Key Card Entry

Tax & assessment

Annual property tax
$1,104/yr
Tax year
2025
Assessed — total
$435,500
Assessed — land
$98,100
Assessed — improvements
$337,400
TMK
1-2-7-013-011-0072
Zoning
13 - A-3 High Density Apartment
Land tenure
Fee simple
Financing accepted
Cash · Conventional · Va Loan
Disclosures
Seller Disclosure

Price history

Original list
$399,000
Current
$399,000

What's included

  • AC Split
  • Cable TV
  • Microwave
  • Range Hood
  • Range/Oven
  • Refrigerator
  • Smoke Detector

Nearby

  • Laundry Facilities
  • Storage Facilities
  • Management

Listed by Compass

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

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