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Ala Wai Cove condo # 1006, Honolulu, Hawaii - photo 2 of 21
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509 University Ave unit 1006, Honolulu, HI, 96826
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Ala Wai Cove unit 1006, Kapiolani condo

$239,000 Condo for sale 402 sqft Neighborhood:  Kapiolani
Location is everything when choosing your home in Honolulu! Cross the canal from Waikiki, 'Ala Wai Cove' offers the perfect balance of convenience and comfort. This cozy top-floor studio features 402 sqft of interior space and a spacious 85 sqft open lanai, ideal for enjoying the island breeze and mountain views. There is a separate storage locker on the same floor. Positioned on the cooler side of the building, this residence enjoys a wonderful cross breeze throughout the day, keeping the space naturally comfortable. The unit also includes one full-size assigned parking stall, a rare and valuable feature in this area. Installed new carpet and interior freshly painted. Just one block from Iolani School, the premier school, and a few minutes drive from the University of Hawaii. Easy access to shopping, dining and H-1 freeway, the location couldn’t be more convenient. Plus, the upcoming Ala Wai bridge project will soon make walking or biking into Waikiki effortless - connecting you to the best of both worlds! Whether you're a first-time home buyer, student, or investor looking for a well-located property with solid value and potential, Ala Wai Cove is an opportunity not to be missed.
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Condo details

402 sqft interior area
  • Condo building Ala Wai Cove
  • Year Built 1961
  • Days on market 54
  • Price per sqft $595/sqft
  • Maintenance fees $741
  • Other Monthly fees $99
  • Total Monthly fees $840
  • Address

    509 University Ave unit 1006, Honolulu, HI, 96826

  • Total area 487 sqft
  • Interior area 402 sqft
  • Open Lanai area 85 sqft
  • nr.of parking places 1
  • Floor Number 10
  • Inclusions Book Shelves, Cable TV, Disposal, Drapes, Microwave, Range/Oven, Refrigerator, Smoke Detector
  • Neighborhood Kapiolani
  • City of Oahu Honolulu
  • Floors Ceramic Tile, Vinyl, W/W Carpet
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • View City, Mountain

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$1,219
Taxes
$85
HOA dues
$741
$2,045 per month
Mortgage
Down payment
$47,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $1,219 / month

Neighborhood: Kapiolani

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
13.5 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Building: Ala Wai Cove

Above Ground, Concrete construction
Property type
High-Rise 7+ Stories
Construction
Above Ground, Concrete

Building community amenities and features

Property Condition
Above Average
Other Fee Includes
Other Common Expenses,Sewer,Water
Parking
Assigned, Open - 1
Amenities
Community Laundry, Resident Manager, Storage
Unit features
Bedroom on 1st Level, Corner/End, Even# Unit, Penthouse, Storage

Kapiolani prices

Average price $658.61k
Neighborhood average sales price*
$658.61k
Neighborhood median sales price*
$562.5k
Number or sales*
48
Street median sales price*
$742k
Median sale price Royal Iolani*
$742k
*last 6 months

Schools

15 schools in this area
School rating Distance
NR
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
Elementary School
0.049mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.22mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.22mi
School rating Distance
NR
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.049mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.22mi
NR
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.517mi
NR
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.587mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.748mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.22mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.539mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.748mi
NR
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.906mi
NR
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.911mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.22mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.539mi
NR
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.676mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.778mi
NR
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.906mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Rented Oct 23, 2020
Date Event Price $/sqft Source
Oct 23, 2020 Rented $1,200 $2.99 MLS #202027019
Oct 13, 2020 New Listing rental $1,200 -4% $2.99 MLS #202027019
Apr 9, 2020 Cancelled $1,250 $3.11 MLS #202005039
Mar 9, 2020 New Listing rental $1,250 +4.17% $3.11 MLS #202005039
Feb 9, 2015 Rented $1,200 $2.99 MLS #201423532
Dec 30, 2014 New Listing rental $1,200 +9.09% $2.99 MLS #201423532
Jan 8, 2014 Rented $1,100 $2.74 MLS #201335959
Nov 25, 2013 New Listing rental $1,100 +10% $2.74 MLS #201335959
Sep 20, 2012 Rented $1,000 $2.49 MLS #1209901
Sep 4, 2012 New Listing rental $1,000 $2.49 MLS #1209901
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Tax & MLS details 509 University Ave unit 1006, Honolulu, HI, 96826

MLS #202523768
Current Property Taxes p/month
$85
Assessed Improvement value
$234,900
TMK
1-2-7-013-011-0075
Flood Zone
Zone A
Total Assessed value
$290,800
Listed by
Coldwell Banker Realty
(808) 596-0456
MLS #
202523768
Hawaii House tour report for this condo
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 509 University Ave unit 1006

What is 509 University Ave unit 1006?

509 University Ave unit 1006 is a condo in the Ala Wai Cove building located in Honolulu, HI. This is a condo in the Kapiolani neighborhood. This apartment has 402 sqft interior space with city, mountain views. Unit #1006 is located on floor number 10 and the property condition is above average.

When was this condo built and last sold?

This house was build in 1961.

What is the full address of this condo?

509 University Ave unit 1006, Honolulu, HI, 96826.

Are there beaches near 509 University Ave unit 1006?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty. Some active listings appearing on this site may be listed by other REALTORS®. 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on November 02, 2025.
Hawaii House Last checked 1 minute ago.

509 University Ave unit 1006 is a condo in the Ala Wai Cove building located in Honolulu, HI. This is a , condo in the Kapiolani neighborhood. This apartment has 402 sqft interior space with  City, Mountain views. Unit #1006 is located on floor number 10 and the property condition is above average. The neighborhood is Kapiolani and the full address is 509 University Ave unit 1006, Honolulu, HI, 96826.

Condo for sale $239,000 509 University Ave unit 1006, Honolulu, HI, 96826 402 sqft Save House Remove from Saved