For Sale: Active Under Contract

Discovery Bay
1778 Ala Moana Blvd #1912
Honolulu, HI 96815

$299,000 (LH)
List Price
Property Type:
Condo/Townhouse
Bedrooms:
1
Full Baths:
1
Half Baths:
0
Land Area (sf):
84,463
Living (sf):
769
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
1 - Assigned, Open - 1
MLS #:
202408044
TMK:
1-2-6-012-010-0434
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI

REMARKS:

NEW PRICE! Spacious floor, Fully furnished one bedroom unit with W/D in the unit and assigned a parking stall. Well maintained, secured building with ample of amenities such as pool, fitness, BBQ grills and sauna. Convenient 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 $129, 816. Estimated closing cost is $4100.30. 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. SOLD ABSOLUTELY AS IS

PROPERTY INFORMATION:

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

FINANCIAL INFORMATION:

Assd. Val. Land:
$13,200
Assd. Val. Imprv:
$607,300
Assd. Val. Total:
$620,500
Tax Year:
2023
Monthly Taxes:
$181
Home Exempt.:
$0
Maintenance Fees:
$865/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.
Land Tenure:
--
FeeOptions
Fee Available
Lessor:
Bank of Hawaii TRS
Lease Rent:
406.28/2039
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
$129,816
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

Elementary School:
--
Middle School:
--
High School:
--

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, May 17, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Fogarty Realty, Inc.