Discovery Bay
1778 Ala Moana Blvd #1016
Honolulu, HI 96815

For Sale
Sold
Sold Price
$250,000 (LH)
List Price
$250,000 (LH)
Property Type:
Condo/Townhouse
Bedrooms:
1
Full Baths:
1
Half Baths:
0
Land Area (sf):
84,463
Living (sf):
852
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
1 - Assigned, Covered - 1, Street
Property Photo
MLS #:
202216724
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-012-010-0352
List Date:
Date Sold:

REMARKS:

Extra high, 9' 4" ceilings! Remodeled, peaceful unit. New carpeting w/matching appliances, Corian counters, washer & dryer. Bonus office area w/enclosed lanai & sliding doors: great for remote workers.. Also, this unit has a 2' x 2' x 5 1/2' lockable storage closet Discovery Bay is known for it’s resort amenities including: large swimming pool, BBQ area, exercise room, sauna, recreation area & whirlpool. Secure building w/resident manager, security guard & secured lobby & elevator. Wonderful on the edge of Waikiki, conveniently close to Ala Moana Shopping Center, beaches, restaurants, Kaka'ako, the Convention Center & so much more! This unit is awesome for a first home buyer, long-term rental or investment property. Fully furnished & turnkey without the linens. AOAO is in the process of purchasing 62+% of the Beneficial Interest in the trust that owns the land under Discovery Bay. This means ownership of approximately 62% of the lease rents paid to the trust are returned to the AOAO. In 2021 that was over $2 million, In the first six months of 2022 $995, 353. was paid to the AOAO. (figures are from Discovery Bay website: Beneficial Interest financials at Hawaiiana Management)

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Full
Year Built:
1977
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$14,000
Assd. Val. Imprv:
$485,300
Assd. Val. Total:
$499,300
Tax Year:
2022
Monthly Taxes:
$134
Home Exempt.:
$0
Maintenance Fees:
$895/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.
Land Tenure
Leasehold
Fee Options
None
Lessor:
Bank of Hawaii
Lease Rent:
449.55/2039
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
--
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

Elem. School:
Ala Wai
Middle School:
Washington
High School:
Kaimuki

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
City
Pool:
--
Amenities:
BBQ, Exercise Room, Heated Pool, Patio/Deck, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
Inclusions:
AC Central, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Kitchenware, Microwave, Range/Oven, Refrigerator, Washer
Security:
Key, Keyed Elevator, Security Patrol, Video
Assn. Fee Inclusions:
AC Central, Cable TV, Gas, Hot Water, Sewer, Water
Other Fee Inclusions:
Lease Rent
Lot Description:
--
Topography:
--
Number of Stories:
21+
Building Style:
High-Rise 7+ Stories
Property Condition:
Above Average
Construction:
Above Ground, Concrete
Roofing:
--
Floor Covering:
Ceramic Tile, W/W Carpet
Disclosures:
Property Disclosure Stmt
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
--
Set-Backs:
--
Compensation*:
2.5
Compensation Type:
--

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, April 30, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Hawaii Life