Hawaii Living

Ala Wai Plaza #PH4 (Kapiolani)

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Photo 1 of 500 University Ave #PH4, Honolulu

500 University Ave #PH4, Honolulu

Selling or Buying in Ala Wai Plaza?
Call/Text Sanni (808) 728-5612 or send a message using the form below.
Sanni Tribler

Sanni Tribler MBA

李麗珊小姐
Realtor, RS-86376

Mobile: (808) 728-5612

Email: Sanni@HawaiiLiving.com

Description
VIEWS, VIEWS, VIEWS! Sweeping Diamond Head, Ocean, City, Marina/Canal and Sunset views! Excellent opportunity to purchase in the preferred Park Tower, this rarely available Penthouse unit boasts 1,736 sq. ft. of living space along with a 364 sq. ft. lanai for a total of 2,100 sq. ft. Enjoy cool breezes from this 2 bedroom/2 bath/3 parking single level unit in the secure, desirable Ala Wai Plaza. Great amenities including pool, BBQ, exercise room, party room, resident manager and full-time security staff. Located next to Ala Wai Park, and short distance to Waikiki, UH, shopping, restaurants, entertainment, bus-line and freeway access. Remodel to taste, or invest for rental income. Unit is to be sold in “AS IS” condition.
Past Activity
  • Jul 27, 2022 Sold for $1,345,000
  • Jul 06, 2022 Under Contract
  • Jul 06, 2022 Back to Active
  • Jun 27, 2022 Price $1,350,000
  • Jun 27, 2022 Under Contract
  • Jun 27, 2022 Listed at $850,000
  • Jun 25, 2022 Off Market
  • Jun 24, 2022 Back to Active
  • Jun 24, 2022 Price $1,399,000
  • May 01, 2022 Under Contract
  • Nov 17, 2021 Listed at $1,350,000
  • Nov 16, 2021 Off Market
  • Aug 31, 2021 Back to Active
  • Aug 05, 2021 Under Contract
  • Nov 16, 2020 Listed at $1,350,000
  • Dec 01, 2019 Off Market
  • Nov 30, 2018 Listed at $1,350,000
  • Oct 20, 2017 Sold for $780,000
  • Aug 16, 2017 Under Contract
  • Jul 05, 2017 Listed at $850,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.66
  • Price / ft²: $449
  • 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 A
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Diamond Head, Golf Course, Marina/Canal, Ocean, Sunrise
  • Furnished: None
  • Property Condition: Fair
  • Owner Occupancy: 61%
  • Management Company: Hawaiiana
  • Security Features: Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Exercise Room, Patio/Deck, Pool on Property, Recreation Room, Resident Manager, Security Guard, Trash Chute
  • TMK: 1-2-7-13-2-343
  • Tax Assessed Land: $127,600
  • Tax Assessed Improvements: $705,400
  • Tax Assessed Total: $833,000
  • Courtesy: Choi International
  • MLS: 201713649
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 18, 2026.Information is deemed reliable but not guaranteed.
Other Ala Wai Plaza Listings
$1,075,000
Ala Wai Plaza #PH6
2 Bds | 2.5 Ba
1,736 ft²
$435,000
Ala Wai Plaza #1611
1 Bd | 1 Ba
532 ft²
Other Kapiolani Condos
$740,000
Royal Iolani #2506
2 Bds | 2 Ba
702 ft²
$699,000
Kuilei Place #3515
2 Bds | 1.5 Ba
696 ft²
$695,000
Marco Polo Apts #2216
2 Bds | 2 Ba
824 ft²
$619,000
Contessa #2504
2 Bds | 2 Ba
1,007 ft²
$599,000
Regency Tower #3706
2 Bds | 2 Ba
1,000 ft²
$580,000
Sixteen Regents #403
3 Bds | 2 Ba
1,122 ft²
  • Sold 10/20/17 at $780,000
    (List Price: $850,000)
Description
VIEWS, VIEWS, VIEWS! Sweeping Diamond Head, Ocean, City, Marina/Canal and Sunset views! Excellent opportunity to purchase in the preferred Park Tower, this rarely available Penthouse unit boasts 1,736 sq. ft. of living space along with a 364 sq. ft. lanai for a total of 2,100 sq. ft. Enjoy cool breezes from this 2 bedroom/2 bath/3 parking single level unit in the secure, desirable Ala Wai Plaza. Great amenities including pool, BBQ, exercise room, party room, resident manager and full-time security staff. Located next to Ala Wai Park, and short distance to Waikiki, UH, shopping, restaurants, entertainment, bus-line and freeway access. Remodel to taste, or invest for rental income. Unit is to be sold in “AS IS” condition.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 18, 2026.Information is deemed reliable but not guaranteed.
    • Jul 27, 2022 Sold for $1,345,000
    • Jul 06, 2022 Under Contract
    • Jul 06, 2022 Back to Active
    • Jun 27, 2022 Price $1,350,000
    • Jun 27, 2022 Under Contract
    • Jun 27, 2022 Listed at $850,000
    • Jun 25, 2022 Off Market
    • Jun 24, 2022 Back to Active
    • Jun 24, 2022 Price $1,399,000
    • May 01, 2022 Under Contract
    • Nov 17, 2021 Listed at $1,350,000
    • Nov 16, 2021 Off Market
    • Aug 31, 2021 Back to Active
    • Aug 05, 2021 Under Contract
    • Nov 16, 2020 Listed at $1,350,000
    • Dec 01, 2019 Off Market
    • Nov 30, 2018 Listed at $1,350,000
    • Oct 20, 2017 Sold for $780,000
    • Aug 16, 2017 Under Contract
    • Jul 05, 2017 Listed at $850,000
    • 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
    $1,075,000
    Ala Wai Plaza #PH6
    2 Bds | 2.5 Ba
    1,736 ft²
    $435,000
    Ala Wai Plaza #1611
    1 Bd | 1 Ba
    532 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.