Hawaii Living

Ala Wai Cove #805 (Kapiolani)

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509 University Ave #805, Honolulu

Description
Motivated Seller!! This is a must-see property. Experience the allure of Ala Wai Cove with this breezy 1-bedroom unit in a secure and convenient location. Nestled at the end of University Avenue, this pet-friendly apartment offers easy access to Ala Wai Community Park, UH, bus lines, Iolani high school, Biki Biki bicycle rental and freeways. The secure lobby with an intercom system ensures safety, and the assigned covered parking adds convenience. Community laundry is on the same floor. The unit comes with a large covered lanai boasting enchanting views and breezy trade winds. There is an additional storage closet in the laundry room. There are $147/month special assessment but end on 3/31/2026(the end date will be confirmed when Condo documents are received), the seller will either pay if off or credit it to the buyer at closing.
Past Activity
  • Mar 24, 2024 Sold for $330,000
  • Feb 11, 2024 Under Contract
  • Feb 02, 2024 Listed at $335,000
  • Feb 02, 2024 Off Market
  • Nov 27, 2023 Price $340,000
  • Nov 10, 2023 Listed at $355,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.42
  • Price / ft²: $599
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Sewer, Water
  • Zoning: 13 - A-3 High Density Apartment
  • Flood Zone: Zone A
  • View: City, Marina/Canal
  • Furnished: None
  • Property Condition: Average
  • Owner Occupancy: 52%
  • Management Company: Hawaiiana Management
  • Security Features: Key
  • Amenities: Car Wash, Community Laundry, Resident Manager, Trash Chute
  • TMK: 1-2-7-13-11-58
  • Tax Assessed Land: $74,100
  • Tax Assessed Improvements: $266,300
  • Tax Assessed Total: $340,400
  • Courtesy: Five Star Realty, Inc. / (808) 382-6871
  • MLS: 202402944
Good to Know
Address: 509 University Ave, Honolulu, HI 96826

The Ala Wai Cove is a home for Honolulu condo shoppers seeking a place close to everything, but guaranteed to provide a slower pace and quieter times. The building rises right where University ends its makai run, a site that gives it distinct advantages.

Across the street is Ala Wai Community Park and Ala Wai Elementary, two extremely low-rise entities that will stay that way, so your view of the canal and Waikiki is permanent. They also promise low noise levels to add to the positives of living here.

Traffic levels are very low h  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 08, 2024.Information is deemed reliable but not guaranteed.
  • Sold 3/22/24 at $330,000
    (List Price: $335,000)
Description
Motivated Seller!! This is a must-see property. Experience the allure of Ala Wai Cove with this breezy 1-bedroom unit in a secure and convenient location. Nestled at the end of University Avenue, this pet-friendly apartment offers easy access to Ala Wai Community Park, UH, bus lines, Iolani high school, Biki Biki bicycle rental and freeways. The secure lobby with an intercom system ensures safety, and the assigned covered parking adds convenience. Community laundry is on the same floor. The unit comes with a large covered lanai boasting enchanting views and breezy trade winds. There is an additional storage closet in the laundry room. There are $147/month special assessment but end on 3/31/2026(the end date will be confirmed when Condo documents are received), the seller will either pay if off or credit it to the buyer at closing.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 08, 2024.Information is deemed reliable but not guaranteed.
    • Mar 24, 2024 Sold for $330,000
    • Feb 11, 2024 Under Contract
    • Feb 02, 2024 Listed at $335,000
    • Feb 02, 2024 Off Market
    • Nov 27, 2023 Price $340,000
    • Nov 10, 2023 Listed at $355,000
    Address: 509 University Ave, Honolulu, HI 96826

    The Ala Wai Cove is a home for Honolulu condo shoppers seeking a place close to everything, but guaranteed to provide a slower pace and quieter times. The building rises right where University ends its makai run, a site that gives it distinct advantages.

    Across the street is Ala Wai Community Park and Ala Wai Elementary, two extremely low-rise entities that will stay that way, so your view of the canal and Waikiki is permanent. They also promise low noise levels to add to the positives of living here.

    Traffic levels are very low h  .....
    Read more.
    Other Ala Wai Cove Listings
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    Ala Wai Cove #804
    2 Bds | 1 Ba
    705 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.