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.
* 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