Discovery Bay
1778 Ala Moana Blvd #3808
Honolulu, HI 96815

For Sale
Sold
Sold Price
$328,000 (LH)
List Price
$338,000 (LH)
Property Type:
Condo/Townhouse
Bedrooms:
1
Full Baths:
1
Half Baths:
0
Land Area (sf):
84,463
Living (sf):
683
Lanai (sf):
86
Other (sf):
--
Parking Stalls:
1 - Assigned, Covered - 1
Property Photo
MLS #:
202322430
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-012-010-0298
List Date:
Date Sold:

REMARKS:

Opportunity is knocking! Do you want to live in Waikiki for a fraction of the price? This rare high floor gives you mountain, Diamond Head, and city views on the cooler side of the building. Discovery Bay is a popular secure building with central AC, washer-dryer in the unit, assigned covered parking with security, and resort like amenities including pool, sundeck, spa, sauna, BBQ, and fitness center. Location is unbeatable with bus lines, grocery stores, restaurants, post office, Ala Moana Shopping Center, Waikiki, beaches, boating, surfing, easily accessible. Discovery Bay is a leasehold property with the owner's association currently owning approximately 94% of the leased fee. An owner’s purchase of its share of the AOAO’s leased fee would convert its apartment to 94% fee simple. After your purchase of 93.786% of the leased fee (for approximately $126, 000), your new lease rent for the 6.214% owned by the Fee Simple Co-Tenant would range from $15-$60 per month until December 31, 2029. After this, it will become $20-$80 per month until the end of lease on December 31, 2039. NOTE: The first 7 pictures are VIRTUALLY STAGED.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
None
Year Built:
1977
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$13,200
Assd. Val. Imprv:
$567,800
Assd. Val. Total:
$581,000
Tax Year:
2023
Monthly Taxes:
$177
Home Exempt.:
$0
Maintenance Fees:
$865/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.
Land Tenure
Leasehold
Fee Options
None
Lessor:
BOH Trust
Lease Rent:
406.00/2039
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
$120,325
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

Elem. School:
Jefferson
Middle School:
Washington
High School:
Mckinley

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
Diamond Head, Mountain
Pool:
--
Amenities:
BBQ, Condo Association Pool, Exercise Room, Patio/Deck, Resident Manager, Sauna, Trash Chute, Whirlpool
Inclusions:
AC Central, Disposal, Dryer, Microwave Hood, Range/Oven, Smoke Detector, Washer
Security:
Key, Security Patrol, Video
Assn. Fee Inclusions:
AC Central, Cable TV, Gas, Hot Water, Sewer, Water
Other Fee Inclusions:
None
Lot Description:
--
Topography:
--
Number of Stories:
21+
Building Style:
High-Rise 7+ Stories
Property Condition:
Average
Construction:
Above Ground, Concrete
Roofing:
--
Floor Covering:
Ceramic Tile, W/W Carpet
Disclosures:
Call Listor
Possession:
At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Land Court
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 Thursday, May 2, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Coldwell Banker Realty