Hawaii Living

Ala Wai Plaza #311 (Kapiolani)

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Photo 1 of 500 University Ave #311, Honolulu

500 University Ave #311, Honolulu

Description
Great location! Wonderful building! Amazing price! Live in Ala Wai Plaza centrally located between UH Manoa and Waikiki! Condo overlooks the park next door. 1/1 with balcony includes washer and dryer and 1 parking space. Secure pet friendly building has many amenities including swimming pool, fitness center, BBQ area, and resident manager. Don't let this opportunity to live in the heart of everything at a reasonable price get away.
Past Activity
  • Jul 27, 2025 Off Market
  • Sep 20, 2024 Price $415,000
  • Jul 26, 2024 Listed at $430,000
  • Apr 20, 2016 Sold for $325,000
  • Mar 07, 2016 Under Contract
  • Feb 10, 2016 Listed at $330,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.53
  • Price / ft²: $611
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Hot Water, Sewer, Water
  • Zoning: 13 - A-3 High Density Apartment
  • Flood Zone: Zone AO
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • Furnished: None
  • Property Condition: Average
  • Owner Occupancy: 60%
  • Management Company: Hawaiian Prop
  • Security Features: Keyed Elevator
  • Amenities: BBQ, Pool on Property, Resident Manager
  • TMK: 1-2-7-13-2-31
  • Tax Assessed Land: $29,100
  • Tax Assessed Improvements: $308,500
  • Tax Assessed Total: $337,600
  • Courtesy: Stott Real Estate, Inc.
  • MLS: 201601850
About Ala Wai Plaza
  • Address: 500 University Ave, Honolulu, HI 96826.
     
  • Built: 1970, 345 Units, 25 Floors, 1 - 3BR, Pets: OK (verify).
     
  • Amenities: Pool, Gym, BBQ, Recreation Area.
     
  • Short-term Vacation Renting: Not Allowed.

Ala Wai Plaza, a condo with community laundry, with all 2BR and 3BR units featuring two levels. Comprising two buildings - the Diamond Head Tower and the Park Tower overlooking the Ala Wai Canal - it offers 44 single-level 1BRs (532 sq ft), 2BRs (1,120–1,299 sq ft), and 3BRs (1,427–1,736 sq ft).

The open canal and park landsc

  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 31, 2026.Information is deemed reliable but not guaranteed.
Other Ala Wai Plaza Listings
$435,000
Ala Wai Plaza #1611
1 Bd | 1 Ba
532 ft²
$995,000
Ala Wai Plaza #PH6
2 Bds | 2.5 Ba
1,736 ft²
Other Kapiolani Condos
$330,000
Ala Wai Cove #205
1 Bd | 1 Ba
551 ft²
$315,000
Kaualana Manor 1 #206
1 Bd | 1 Ba
604 ft²
$311,000
Rainbow Terrace #203
1 Bd | 1 Ba
570 ft²
$310,000
Hono Hale Towers #A53
1 Bd | 1 Ba
465 ft²
$349,900
Iolani Court Plaza #401
1 Bd | 1 Ba
578 ft²
$300,000
University Plaza #308
1 Bd | 1 Ba
642 ft²
  • Sold 4/20/16 at $325,000
    (List Price: $330,000)
Description
Great location! Wonderful building! Amazing price! Live in Ala Wai Plaza centrally located between UH Manoa and Waikiki! Condo overlooks the park next door. 1/1 with balcony includes washer and dryer and 1 parking space. Secure pet friendly building has many amenities including swimming pool, fitness center, BBQ area, and resident manager. Don't let this opportunity to live in the heart of everything at a reasonable price get away.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 31, 2026.Information is deemed reliable but not guaranteed.
    • Jul 27, 2025 Off Market
    • Sep 20, 2024 Price $415,000
    • Jul 26, 2024 Listed at $430,000
    • Apr 20, 2016 Sold for $325,000
    • Mar 07, 2016 Under Contract
    • Feb 10, 2016 Listed at $330,000
    • Address: 500 University Ave, Honolulu, HI 96826.
       
    • Built: 1970, 345 Units, 25 Floors, 1 - 3BR, Pets: OK (verify).
       
    • Amenities: Pool, Gym, BBQ, Recreation Area.
       
    • Short-term Vacation Renting: Not Allowed.

    Ala Wai Plaza, a condo with community laundry, with all 2BR and 3BR units featuring two levels. Comprising two buildings - the Diamond Head Tower and the Park Tower overlooking the Ala Wai Canal - it offers 44 single-level 1BRs (532 sq ft), 2BRs (1,120–1,299 sq ft), and 3BRs (1,427–1,736 sq ft).

    The open canal and park landsc

      ... Read more
    Other Ala Wai Plaza Listings
    $435,000
    Ala Wai Plaza #1611
    1 Bd | 1 Ba
    532 ft²
    $995,000
    Ala Wai Plaza #PH6
    2 Bds | 2.5 Ba
    1,736 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. The sale may be 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.