Hawaii Living

Discovery Bay #1002 (Waikiki)

  • Sold 9/11/23 at $383,000
    (List Price: $399,000)
  • Beds: 1
  • Baths: 1
  • Living: 769 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/23
  • Lease Rent: $ 406 / month
  • Fee Purchase: Not available
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $865 / month
  • Property Taxes: $134 / month ?
  • Est. Mortgage: $2,018 / mo - adjust loan
  • Time Listed for Sale: 17 days
  • Status: Sold
  • Buy without visiting ?
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1778 Ala Moana Blvd #1002, Honolulu

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Description
Prime location at the beginning of Waikiki. Desirable 10' high ceiling ocean view renovated unit, large 1-bed, 1-bath, 1-parking space at the Discovery Bay Endeavor Tower. Enclosed lanai for additional living spaces, luxury marble flooring throughout living room and kitchen. New washer and dryer just installed in May. Bathroom renovated by CB Construction in luxury hotel style with custom bathtub. One secured covered parking #10-10. Experience world-class shopping, dining, and beaches just minutes away. Close to Ala Moana Shopping Center, Magic Island Beach Park, Entertainment, on bus line and short distance to Hilton Hawaiian Village Hotel, beaches and beautiful Lagoon. Discovery Bay Association owns 62.7% of the beneficial fee interest. Currently HOA is in the process of purchasing additional 31% fee interest. This will bring the total fee simple interest to 94% and ongoing negotiation to make it 100% fee simple building. This well managed building has 24/7 security, gym, jacuzzi, heated pool, 2 exercise room, large sun deck and 8 BBQ stations. Sold fully furnished. Great Investment!
Past Activity
  • Sep 11, 2023 Sold for $383,000
  • Jun 19, 2023 In Escrow
  • Jun 02, 2023 Listed at $399,000
  • Mar 18, 2021 Withdrawn / Canceled
  • Jan 29, 2021 Temp. Withdrawn / Hold
  • Nov 30, 2020 Listed at $295,000
  • Aug 29, 2019 Withdrawn / Canceled
  • Aug 27, 2019 Listed at $299,000
  • Mar 18, 2015 Sold for $282,500
  • Feb 05, 2015 In Escrow
  • Jan 20, 2015 Listed at $295,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.12
  • Price / ft²: $498
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2017
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Marina/Canal, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana Mgt
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Condo Association Pool, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-17
  • Tax Assessed Land: $13,200
  • Tax Assessed Improvements: $548,200
  • Tax Assessed Total: $561,400
  • Courtesy: Marina Hawaii Vacations / (808) 946-0716
  • MLS: 202307360
Good to Know
  • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
  • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
  • The homeowners' association has purchased a 62% interest in the Fee.

Updates
The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOA  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 26, 2024. Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
Leasehold
$383,000
Discovery Bay #1517
1 Bd | 1 Ba
684 ft²
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Leasehold
$455,000
Discovery Bay #4003
1 Bd | 1 Ba
683 ft²
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Leasehold
$458,000
Discovery Bay #3913
1 Bd | 1 Ba
683 ft²
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Leasehold
$330,000
Discovery Bay #3308
1 Bd | 1 Ba
683 ft²
Other Waikiki Condos
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444 Nahua #706
1 Bd | 1 Ba
538 ft²
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La Casa #806
1 Bd | 1 Ba
565 ft²
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Ala Wailani #403
1 Bd | 1 Ba
642 ft²
  • Sold 9/11/23 at $383,000
    (List Price: $399,000)
Description
Prime location at the beginning of Waikiki. Desirable 10' high ceiling ocean view renovated unit, large 1-bed, 1-bath, 1-parking space at the Discovery Bay Endeavor Tower. Enclosed lanai for additional living spaces, luxury marble flooring throughout living room and kitchen. New washer and dryer just installed in May. Bathroom renovated by CB Construction in luxury hotel style with custom bathtub. One secured covered parking #10-10. Experience world-class shopping, dining, and beaches just minutes away. Close to Ala Moana Shopping Center, Magic Island Beach Park, Entertainment, on bus line and short distance to Hilton Hawaiian Village Hotel, beaches and beautiful Lagoon. Discovery Bay Association owns 62.7% of the beneficial fee interest. Currently HOA is in the process of purchasing additional 31% fee interest. This will bring the total fee simple interest to 94% and ongoing negotiation to make it 100% fee simple building. This well managed building has 24/7 security, gym, jacuzzi, heated pool, 2 exercise room, large sun deck and 8 BBQ stations. Sold fully furnished. Great Investment!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 26, 2024. Information is deemed reliable but not guaranteed.
    • Sep 11, 2023 Sold for $383,000
    • Jun 19, 2023 In Escrow
    • Jun 02, 2023 Listed at $399,000
    • Mar 18, 2021 Withdrawn / Canceled
    • Jan 29, 2021 Temp. Withdrawn / Hold
    • Nov 30, 2020 Listed at $295,000
    • Aug 29, 2019 Withdrawn / Canceled
    • Aug 27, 2019 Listed at $299,000
    • Mar 18, 2015 Sold for $282,500
    • Feb 05, 2015 In Escrow
    • Jan 20, 2015 Listed at $295,000
    • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
    • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
    • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
    • The homeowners' association has purchased a 62% interest in the Fee.

    Updates
    The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOA  .....
    Read more.


    Other Discovery Bay Listings
    Leasehold
    $383,000
    Discovery Bay #1517
    1 Bd | 1 Ba
    684 ft²
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    Leasehold
    $455,000
    Discovery Bay #4003
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $458,000
    Discovery Bay #3913
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $330,000
    Discovery Bay #3308
    1 Bd | 1 Ba
    683 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Leasehold Expiry: 12/31/23
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.