$239,000

Ala Wai Plaza 500 University Ave Unit 1006 Floor 10 Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood

Estimated payment $1,438/month

-- Bed
1 Bath
402 Sq Ft
$595 Price per Sq Ft

Highlights

  • City View
  • End Unit
  • Resident Manager or Management On Site
  • Main Floor Bedroom
  • Card or Code Access
  • 1-minute walk to Ala Wai Neighborhood Park

About This Home

Location is everything when choosing your home in Honolulu! Cross the canal from Waikiki, 'Ala Wai Cove' offers the perfect balance of convenience and comfort. This cozy top-floor studio features 402 sqft of interior space and a spacious 85 sqft open lanai, ideal for enjoying the island breeze and mountain views. There is a separate storage locker on the same floor. Positioned on the cooler side of the building, this residence enjoys a wonderful cross breeze throughout the day, keeping the space naturally comfortable. The unit also includes one full-size assigned parking stall, a rare and valuable feature in this area. Installed new carpet and interior freshly painted. Just one block from Iolani School, the premier school, and a few minutes drive from the University of Hawaii. Easy access to shopping, dining and H-1 freeway, the location couldn’t be more convenient. Plus, the upcoming Ala Wai bridge project will soon make walking or biking into Waikiki effortless - connecting you to the best of both worlds! Whether you're a first-time home buyer, student, or investor looking for a well-located property with solid value and potential, Ala Wai Cove is an opportunity not to be missed.

Listing Agent

Naoko Okada

Coldwell Banker Realty Brokerage Phone: (808) 596-0456 License #RS-74433 Listed on: 10/24/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 1961

Lot Details

  • End Unit

HOA Fees

  • $99 Monthly HOA Fees

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 402 Sq Ft Home
  • 3-Story Property
  • Storage
  • City Views
  • Closed Circuit Camera

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Open Parking
  • Assigned Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-013-011-0075

Community Details

Overview

  • Association fees include common areas, sewer, water
  • Ala Wai Cove Condos
  • Kapiolani Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,018

Year Built

Built in 1961

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Architectural Style: High Rise, Penthouse
  • Building Name: Ala Wai Cove
  • Inclusions: Book Shelves,Cable TV,Disposal,Drapes,Microwave,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1961
  • Attribution Contact: (808) 596-0456
  • CommunityFeatures: Laundry Facilities, Storage Facilities
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry
  • Association Amenities: Management
  • MLS Status: Active
  • Subdivision Name: KAPIOLANI
  • Entry Level: 10
  • Interior Features: Bedroom on Main Level, Storage
  • Unit Levels: Three Or More
  • Living Area: 402.0
  • New Construction: No
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition
  • View: City, Mountain(s)
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, Seller Disclosure
  • Common Walls: End Unit

Garage/Parking

  • Parking Features: Assigned, One Space
  • Total Parking Spaces: 1.0
  • Open Parking: Yes

Condo/Co-op/Association

  • Association #2 Fee: 99.0

Fee Information

  • Association Fee Includes: Common Areas, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1-2-7-013-011-0075
  • Zoning Description: 13 - A-3 High Density Apartment

Multi Family

  • Maintenance Expense: 741.13

Tax Info

  • Tax Annual Amount: 1017.6

Map

About Ala Wai Plaza

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 For Sale $239,000 -- $595 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202523768

HiCentral MLS (Honolulu Board of REALTORS®)
Hawaii Honolulu County Honolulu 96826 McCully-Mō'ili'ili

500 University Ave Unit 1006, Honolulu, HI

This home is located at 500 University Ave Unit 1006, Honolulu, HI 96826 and is currently priced at $239,000, approximately $594 per square foot. This property was built in 1961. 500 University Ave Unit 1006 is a home located in Honolulu County with nearby schools including Ala Wai Elementary School, President George Washington Middle School, and Kaimuki High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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Naoko Okada
Listing Agent
Naoko Okada
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Coldwell Banker Realty
(808) 556-3434