Hawaii Living

Discovery Bay #1602 (Waikiki)

  • Sold 2/28/22 at $268,000
    (List Price: $268,000)
  • Beds: 1
  • Baths: 1
  • Living: 683 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 406 / month
  • Fee Purchase: Not available
  • Balcony: 86 ft²
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $809 / month
  • Property Taxes: $122 / month ?
  • Est. Mortgage: $1,355 / mo - adjust loan
  • Time Listed for Sale: 13 days
  • Status: Sold
  • Buy without visiting ?
  • All Discovery Bay condos for sale »
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1778 Ala Moana Blvd #1602, Honolulu

Description
Enjoy Island Living! Fabulous Ocean, yacht harbor and sunset view at the Discovery Bay prefer 02 stack. Monthly rental income $3,300. Well maintained 24/7 secured building with one covered parking. Amenities include: Exercise rooms, Sun Deck, Pool, Sauna, Whirlpool, 8 BBQ stations, Resident Manager. Excellent location! Across from Hilton Hawaiian Village Hotel. One block to the beach and the beautiful lagoon. Close to the Ala Moana Shopping Center and Magic Island. Enjoy Waikiki night life & world class shopping. Association owns 62% of the beneficial fee interest & on-going negotiation of the remaining 38% to make this a fee simple building. Premier Waikiki Location!
Past Activity
  • Feb 28, 2022 Sold for $268,000
  • Feb 07, 2022 In Escrow
  • Feb 03, 2022 Back to Active
  • Jan 21, 2022 In Escrow
  • Jan 17, 2022 Back to Active
  • Dec 20, 2021 In Escrow
  • Dec 15, 2021 Listed at $268,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.18
  • Price / ft²: $392
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: AM - Apartment Mixed Use
  • Flood Zone: Zone AE
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Mckinley
  • View: City, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana Mgt
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Exercise Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-72
  • Tax Assessed Land: $12,200
  • Tax Assessed Improvements: $405,100
  • Tax Assessed Total: $417,300
  • Courtesy: Marina Hawaii Vacations
  • MLS: 202130554
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 April 24, 2024. Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$289,000
Discovery Bay #1115
Studio | 1 Ba
464 ft²
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Leasehold
$320,000
Discovery Bay #1607
1 Bd | 1 Ba
683 ft²
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New 19 hours ago Leasehold
$320,000
Discovery Bay #2008
1 Bd | 1 Ba
683 ft²
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Leasehold
$350,000
Discovery Bay #3308
1 Bd | 1 Ba
683 ft²
Other Waikiki Condos
  • Sold 2/28/22 at $268,000
    (List Price: $268,000)
Description
Enjoy Island Living! Fabulous Ocean, yacht harbor and sunset view at the Discovery Bay prefer 02 stack. Monthly rental income $3,300. Well maintained 24/7 secured building with one covered parking. Amenities include: Exercise rooms, Sun Deck, Pool, Sauna, Whirlpool, 8 BBQ stations, Resident Manager. Excellent location! Across from Hilton Hawaiian Village Hotel. One block to the beach and the beautiful lagoon. Close to the Ala Moana Shopping Center and Magic Island. Enjoy Waikiki night life & world class shopping. Association owns 62% of the beneficial fee interest & on-going negotiation of the remaining 38% to make this a fee simple building. Premier Waikiki Location!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 24, 2024. Information is deemed reliable but not guaranteed.
    • Feb 28, 2022 Sold for $268,000
    • Feb 07, 2022 In Escrow
    • Feb 03, 2022 Back to Active
    • Jan 21, 2022 In Escrow
    • Jan 17, 2022 Back to Active
    • Dec 20, 2021 In Escrow
    • Dec 15, 2021 Listed at $268,000
    • 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
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    Leasehold
    $289,000
    Discovery Bay #1115
    Studio | 1 Ba
    464 ft²
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    Leasehold
    $320,000
    Discovery Bay #1607
    1 Bd | 1 Ba
    683 ft²
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    New 19 hours ago Leasehold
    $320,000
    Discovery Bay #2008
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $350,000
    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: 12/31/39
    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.