For Sale: Sold

Discovery Bay
1778 Ala Moana Blvd #3515
Honolulu, HI 96815

$260,000 (LH)
Sold Price
$275,000 (LH)
List Price
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
84,463
Living (sf):
464
Lanai (sf):
0
Other (sf):
--
Parking Stalls:
1 - Assigned, Covered - 1
MLS #:
202321428
TMK:
1-2-6-012-010-0597
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI

REMARKS:

Spacious high floor, Fully furnished studio unit with W/D in the unt and assigned a parking stall. Well maintained, secured building with ample of amenities such as pool, fitness, BBQ grills and sauna. Nice Breeze from the mountain, Covenient location, , walking distance to the beach, Waikiki, Ala Moana Shopping Center and beach parks. Discovery Bay AOAO recently finalized agreement regarding purchase of additional leasehold interest to make it a 93.786% fee simple unit. Estimated cost to purchase is $72, 522. This is a qualified fee simple building, meaning it will be 100% fee simple in the future. By early 2024, it will be 93.786% fee simple and the lease rent will be only 6.214% of the current lease rent. The remaining 6.214% leasehold will be fee simple in the future according to the information on Discovery Bay website.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Full
Year Built:
1977
Year Remodeled:
2013

FINANCIAL INFORMATION:

Assd. Val. Land:
$7,900
Assd. Val. Imprv:
$438,200
Assd. Val. Total:
$446,100
Tax Year:
2023
Monthly Taxes:
$130
Home Exempt.:
$0
Maintenance Fees:
$522/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.
Land Tenure:
--
FeeOptions
None
Lessor:
Bank of Hawaii Trust
Lease Rent:
245.00/2039
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
--
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

Elementary School:
Jefferson
Middle School:
Washington
High School:
Kaimuki

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, February 22, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Moana Realty LLC