1778 Ala Moana Boulevard Unit 1015, Honolulu, HI 96815

$275,000
1
BA
464
SqFt
List Price
$275,000
Days on Market
18
MLS#
202321064
Status
ACTIVE
Type
Condo
Building
Discovery Bay
Full Baths
1
Living Area
464
Sq Ft Total
464
Land Area
84,463
Land Tenure
LH - Leasehold
Neighborhood
Waikiki

Property Description

Charming studio with a full kitchen and washer/dryer in the unit. Central air, covered parking. Great amenities: hot-tub, pool, BBQ, sauna, fitness rooms, etc. Great investment property or 2nd home. All the units on this floor have high ceiling. Convenient location, across the street from Waikiki Beach, one block from Ala Moana Shopping Center. Central air, covered parking. Convenient location, across the street from Beach. Large sun deck on the 11th floor includes sparkling pool, spacious heated whirlpool, BBQ, exercise rooms,, sauna etc. 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. Easy to see. 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. Please verify. Current fee simple assessed value for the unit is $432,300. The list price is below market value by 50k or more.

Additional Information

Island
Oahu
Monthly Maint Fee
$522
Condo Parking Unit
10-45
Unit Features
Bedroom on 1st Level, Central AC, Full Bath on 1st Floor, Odd# Unit
View
City
Parking Total
1
Lot Size
84,463
Construction Materials
Above Ground, Concrete
Mls Area Major
Metro
Neighborhood
Waikiki
Frontage
Other
Furnished
Full
Year Built
1977
Year Remodeled
2018
Tax Amount
$98
Building Name
Discovery Bay
Inclusions
AC Central, Disposal, Drapes, Dryer, Range/Oven, Refrigerator, Washer
Maintenance Expense
$522
Parking Features
Assigned, Covered - 1
Unit
1015
Amenities
BBQ, Exercise Room, Pool on Property, Recreation Area, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
Style
High-Rise 7+ Stories
Lease Fee Month
245
Lease Expiration Date
2039-08-14
Assessed Total
432300
Assessed Improvement
424400
Assessed Land
7900
Zoning
X2 - Apartment Precinct

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Darlene Y S Chun.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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