Hawaii Living

Discovery Bay #1910 (Waikiki)

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  • Sold 7/1/22 at $217,500
    (List Price: $220,000)
  • Beds: 0
  • Baths: 1
  • Living: 464 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 250 / month
  • Fee Purchase: Not available
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $487 / month
  • Property Taxes: $105 / month ?
  • Est. Mortgage: $1,112 / mo - adjust loan
  • Time Listed for Sale: 18 days
  • Status: Sold
  • Buy without visiting ?
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1778 Ala Moana Blvd #1910, Honolulu

Description
Spacious studio with direct sweeping Ocean/Marina views located near the beach, Marina, Ala Moana Shopping Center and restaurants. Central airconditioning, washer/dryer within the kitchen, lots of closets, wood pergo flooring + vinyl wood look planks , complete furnishings as apartment has been previously on a vacation rental program, to just move in with a suitcase. Building amenities include a heated swimming pool, spa, saunas, exercise rooms, pet walk park (5th floor), large sun deck, gas BBQ grills with picnic tables, security guards, basketball half-court + tennis hitting wall. Excellent management and wonderful sunset views. Easy to show as agent lives in the same condo. Same day showings with very little advance notice is okay!Association of owners is the owner of 62% of the leased fee interest currently but negotiations continue for the remaining 38% to change the status to fee simple. On any lease negotiation for a longer lease, the association retains the "majority vote". Low prices within Discovery Bay reflect this discount for leasehold ownership but the details of the leasehold status is very different from other leasehold buildings.
Past Activity
  • Jul 01, 2022 Sold for $217,500
  • May 26, 2022 In Escrow
  • May 11, 2022 Price $220,000
  • May 08, 2022 Listed at $218,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.05
  • Price / ft²: $469
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Sewer, Water
  • Year Remodeled: 2017
  • Zoning: 18 - AMX-3 High Density Apt Mix
  • Flood Zone: Zone AE
  • View: Coastline, Diamond Head, Marina/Canal, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana Management
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Association Pool, Condo Association Pool, Dog Park, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-110
  • Tax Assessed Land: $7,600
  • Tax Assessed Improvements: $366,800
  • Tax Assessed Total: $374,400
  • Courtesy: Sue Young
  • MLS: 202207591
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 March 28, 2024. Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$315,000
Discovery Bay #2318
1 Bd | 1 Ba
770 ft²
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Leasehold
$320,000
Discovery Bay #1607
1 Bd | 1 Ba
683 ft²
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Leasehold
$348,000
Discovery Bay #1912
1 Bd | 1 Ba
769 ft²
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Leasehold
$350,000
Discovery Bay #3308
1 Bd | 1 Ba
683 ft²
Other Honolulu Condos
  • Sold 7/1/22 at $217,500
    (List Price: $220,000)
Description
Spacious studio with direct sweeping Ocean/Marina views located near the beach, Marina, Ala Moana Shopping Center and restaurants. Central airconditioning, washer/dryer within the kitchen, lots of closets, wood pergo flooring + vinyl wood look planks , complete furnishings as apartment has been previously on a vacation rental program, to just move in with a suitcase. Building amenities include a heated swimming pool, spa, saunas, exercise rooms, pet walk park (5th floor), large sun deck, gas BBQ grills with picnic tables, security guards, basketball half-court + tennis hitting wall. Excellent management and wonderful sunset views. Easy to show as agent lives in the same condo. Same day showings with very little advance notice is okay!Association of owners is the owner of 62% of the leased fee interest currently but negotiations continue for the remaining 38% to change the status to fee simple. On any lease negotiation for a longer lease, the association retains the "majority vote". Low prices within Discovery Bay reflect this discount for leasehold ownership but the details of the leasehold status is very different from other leasehold buildings.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
    • Jul 01, 2022 Sold for $217,500
    • May 26, 2022 In Escrow
    • May 11, 2022 Price $220,000
    • May 08, 2022 Listed at $218,000
    • 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
    $315,000
    Discovery Bay #2318
    1 Bd | 1 Ba
    770 ft²
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    Leasehold
    $320,000
    Discovery Bay #1607
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $348,000
    Discovery Bay #1912
    1 Bd | 1 Ba
    769 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.