Hawaii Living

Ala Wai Plaza #309 (Kapiolani)

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500 University Ave #309, Honolulu

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Description
Another HUGE PRICE REDUCTION!!! Beautiful, spacious, and breezy 2-story, 2-bedroom, 2.5-bathroom unit at Ala Wai Plaza! It is a coveted building, 24 hour Security Guards, onsite Resident Manager/with office, very well kept! Unit has great floor plans. Lowest priced two story 2 bedroom in Honolulu! Large kitchen and living room area with 1/2 bath on the first floor, then two bedrooms with two full baths upstairs, excellent cross breeze, and preferred view overlooking the park and Ala Wai Canal! Some remodeling was done with lovely marble floors, a newly painted interior, and resurfaced cabinets. Seller motivation with a 'sweat equity Buyer" is win win scenario!! Clean working appliances and a large lanai overlook the pool area Ala Wai Canal and Neighborhood Park. Perfect for relaxing sunsets. One open, assigned parking stall, that is super close to the security entrance! It is a remarkably well maintained building with a large saltwater swimming pool, fitness room, upgraded security elevators, and well-kept common areas. Bike and surfboard storage, too! Fantastic Location. Maintenance fee includes water, hot water, sewer , cable, and current assessment for capital improvements.
Past Activity
  • Jul 11, 2024 Sold for $525,000
  • Jun 01, 2024 Under Contract
  • May 29, 2024 Price $525,000
  • Apr 24, 2024 Price $550,000
  • Apr 01, 2024 Listed at $598,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.84
  • Price / ft²: $469
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Other Common Expenses, Sewer, Water
  • Year Remodeled: 2016
  • Zoning: 13 - A-3 High Density Apartment
  • Flood Zone: Zone A
  • View: City, Garden, Marina/Canal, Mountain, Sunset
  • Furnished: Partial
  • Property Condition: Average
  • Owner Occupancy: 60%
  • Management Company: Hawaiian Prop.
  • Security Features: Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Car Wash, Community Association Pool, Exercise Room, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Security Guard, Storage, Trash Chute
  • TMK: 1-2-7-13-2-29
  • Tax Assessed Land: $91,300
  • Tax Assessed Improvements: $490,000
  • Tax Assessed Total: $581,300
  • Courtesy: Harper Island Realty LLC / (808) 397-9894
  • MLS: 202407429
Good to Know
  • Address: 500 University Ave, Honolulu, HI 96826.
  • Built in 1970, 345 Units on 25 Floors, 1 - 3BR, Pets: OK (verify).
  • Amenities include Pool, BBQ, Recreation Area, Security Guard.
  • You live not only right on Ala Wai Park, but also the new dog park!

About Ala Wai Plaza
For some Honolulu condo buyers, they have a nagging wish that they could have a 'real home' with an upstairs. The Ala Wai Plaza condo just might be the real solution to this.

Every 2 & 3 BR unit here has 2 levels, complete with staircase and the noise reducing benefits that only a second story can b  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
Other Ala Wai Plaza Listings
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Ala Wai Plaza #301
3 Bds | 2.5 Ba
1,427 ft²
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Ala Wai Plaza #2406
3 Bds | 2.5 Ba
1,432 ft²
Other Kapiolani Condos
  • Sold 7/11/24 at $525,000
    (List Price: $525,000)
Description
Another HUGE PRICE REDUCTION!!! Beautiful, spacious, and breezy 2-story, 2-bedroom, 2.5-bathroom unit at Ala Wai Plaza! It is a coveted building, 24 hour Security Guards, onsite Resident Manager/with office, very well kept! Unit has great floor plans. Lowest priced two story 2 bedroom in Honolulu! Large kitchen and living room area with 1/2 bath on the first floor, then two bedrooms with two full baths upstairs, excellent cross breeze, and preferred view overlooking the park and Ala Wai Canal! Some remodeling was done with lovely marble floors, a newly painted interior, and resurfaced cabinets. Seller motivation with a 'sweat equity Buyer" is win win scenario!! Clean working appliances and a large lanai overlook the pool area Ala Wai Canal and Neighborhood Park. Perfect for relaxing sunsets. One open, assigned parking stall, that is super close to the security entrance! It is a remarkably well maintained building with a large saltwater swimming pool, fitness room, upgraded security elevators, and well-kept common areas. Bike and surfboard storage, too! Fantastic Location. Maintenance fee includes water, hot water, sewer , cable, and current assessment for capital improvements.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Jul 11, 2024 Sold for $525,000
    • Jun 01, 2024 Under Contract
    • May 29, 2024 Price $525,000
    • Apr 24, 2024 Price $550,000
    • Apr 01, 2024 Listed at $598,000
    • Address: 500 University Ave, Honolulu, HI 96826.
    • Built in 1970, 345 Units on 25 Floors, 1 - 3BR, Pets: OK (verify).
    • Amenities include Pool, BBQ, Recreation Area, Security Guard.
    • You live not only right on Ala Wai Park, but also the new dog park!

    About Ala Wai Plaza
    For some Honolulu condo buyers, they have a nagging wish that they could have a 'real home' with an upstairs. The Ala Wai Plaza condo just might be the real solution to this.

    Every 2 & 3 BR unit here has 2 levels, complete with staircase and the noise reducing benefits that only a second story can b  .....
    Read more.
    Other Ala Wai Plaza Listings
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    Ala Wai Plaza #301
    3 Bds | 2.5 Ba
    1,427 ft²
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    Ala Wai Plaza #2406
    3 Bds | 2.5 Ba
    1,432 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.