$275,000
$94K PRICE DROP

Ala Wai Cove 509 University Ave Unit 1004 Floor 10 Honolulu, HI 96826

McCully-Mō'ili'ili Neighborhood

Estimated payment $1,539/month

Total Views 1,668
2 Beds
1 Bath
705 Sq Ft
$390 Price per Sq Ft

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Card or Code Access
  • 28,009 Sq Ft lot
  • End Unit
  • 2-minute walk to Ala Wai Neighborhood Park

About This Home

Come see this bright and breezy 2-bedroom, 1-bath unit with potential to add your own personal touches. Soak in panoramic views of the Waikiki Skyline, Ala Wai Canal and Diamond Head right from your own private lanai of this rarely available corner-end unit. Ala Wai Cove also features a secure lobby, is pet friendly, and its community laundry room and personal storage are easily accessible and located on each floor. Located just steps from Ala Wai Park and Recreation Area, you’ll have easy access to walking paths, sports facilities, and green spaces—perfect for an active lifestyle. You are also just minutes from University of Hawaii, schools, Ala Wai Golf Course, Ala Moana Shopping center, Waikiki, and more! Enjoy the convenience of living in town while having a canvas to create and add your own touches! Maintenance Fee and Occupancy Percentage to be determined in escrow

Listing Agent

Brian Lee

Coldwell Banker Realty Brokerage Phone: (808) 596-0456 License #RB-22906 Listed on: 07/04/2025

Coldwell Banker Realty

Co-Listing Agent

Ronald Lee

Coldwell Banker Realty Brokerage Phone: (808) 596-0456 License #RB-14357

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $966

Year Built

  • Built in 1961

Lot Details

  • End Unit

Property Views

  • Ocean
  • City

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 705 Sq Ft Home
  • 3-Story Property
  • Storage
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Covered Parking

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-013-011-0073

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, sewer, water
  • Ala Wai Cove Condos
  • Kapiolani Subdivision

Additional Features

  • Community Storage Space
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$966

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Architectural Style: High Rise
  • Building Name: Ala Wai Cove
  • Co List Office Mls Id: CBPP
  • Inclusions: Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1961
  • Attribution Contact: (808) 596-0456
  • CommunityFeatures: Storage Facilities
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry
  • Co List Office Phone: (808) 596-0456
  • MLS Status: Active
  • Subdivision Name: KAPIOLANI
  • Entry Level: 10
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level, Storage
  • Unit Levels: Three Or More, One
  • Living Area: 705.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Double Wall, Concrete
  • Property Condition: Average Condition
  • View: Canal, City, Mountain(s), Ocean
  • View: Yes
  • Disclosures: Seller Disclosure
  • Common Walls: End Unit

Garage/Parking

  • Parking Features: Covered, One Space
  • Total Parking Spaces: 1.0

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Water

Lot Info

  • Parcel Number: 1-2-7-013-011-0073
  • Zoning Description: 13 - A-3 High Density Apartment

Multi Family

  • Maintenance Expense: 1309.15

Tax Info

  • Tax Annual Amount: 966.0

Map

About Ala Wai Cove

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $966 $432,600 $98,700 $333,900
2024 $966 $436,100 $98,700 $337,400
2023 $583 $406,500 $93,500 $313,000
2022 $880 $391,500 $90,000 $301,500
2021 $862 $386,200 $86,500 $299,700
2020 $890 $394,300 $86,500 $307,800
2019 $920 $382,800 $79,600 $303,200
2018 $937 $387,600 $71,000 $316,600
2017 $892 $374,800 $67,500 $307,300
2016 $849 $362,500 $60,600 $301,900
2015 $786 $344,500 $60,600 $283,900
2014 $656 $327,800 $65,300 $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Price Changed $275,000 -16.4% $390 / Sq Ft
08/27/2025 08/27/25 Price Changed $329,000 -10.8% $467 / Sq Ft
07/04/2025 07/04/25 For Sale $369,000 -- $523 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202515322

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-013-011-0073

Hawaii Honolulu County Honolulu 96826 McCully-Mō'ili'ili

509 University Ave Unit 1004, Honolulu, HI

This home is located at 509 University Ave Unit 1004, Honolulu, HI 96826 and is currently priced at $275,000, approximately $390 per square foot. This property was built in 1961. 509 University Ave Unit 1004 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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Listing Agent
Brian Lee
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Coldwell Banker Realty
(808) 318-8523