Hawaii Living

Discovery Bay #2604 (Waikiki)

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1778 Ala Moana Blvd #2604, Honolulu
This property was sold April 06, 2020 for $385,000
Description
Sweeping ocean and marina views from this high floor highly desirable "04" Endeavor unit. Comes fully furnished with central AC, secured building and near Ala Moana, Magic Island and all that Waikiki has to offer. Discovery Bay Homeowners Association owns more than 62% of the beneficial fee interest with ongoing negotiations.
Past Activity
  • Apr 06, 2020 Sold @ $385K
  • Mar 14, 2020 Expired
  • Feb 27, 2020 In Escrow
  • Jan 21, 2020 Price ↓ $415K
  • Apr 15, 2019 Price ↓ $435K
  • Mar 22, 2019 Listed @ $450K
  • May 15, 2015 Sold @ $377K
  • Apr 28, 2015 In Escrow
  • Apr 06, 2015 Listed @ $379K
More Details
  • HOA Fees / Interior Sf: $0.94
  • Price / Interior Sf: $373
  • HOA Fees Include: AC Central, Electricity, Internet Service, Sewer, Water
  • Sold Furnished: Fully
  • Owner, Tax & Resale History: Click here
  • MLS: 201908019
  • Occupancy Type: Owner
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Coastline, Marina/Canal, Mountain, Ocean, Sunset
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana
  • Security Features: Card, Key, Video
  • Amenities: BBQ, Exercise Room, Other, Pool on Property, Resident Manager, Sauna, Security Guard, Trash Chute
  • Inclusions: AC Central, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
  • TMK: 1-2-6-12-10-174
  • Tax Assessed Land: $40,800
  • Tax Assessed Improvements: $630,400
  • Tax Assessed Total: $671,200
  • Special Sales Terms: None
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The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 12, 2020. Information is deemed reliable but not guaranteed.
#2604 - listing courtesy Locations LLC.

Sold 4/6/20 for

$385,000

Living

1,113 sqft

Baths

2

Beds

2

 
 
    Description
    Sweeping ocean and marina views from this high floor highly desirable "04" Endeavor unit. Comes fully furnished with central AC, secured building and near Ala Moana, Magic Island and all that Waikiki has to offer. Discovery Bay Homeowners Association owns more than 62% of the beneficial fee interest with ongoing negotiations.
    • Apr 06, 2020 Sold @ $385K
    • Mar 14, 2020 Expired
    • Feb 27, 2020 In Escrow
    • Jan 21, 2020 Price ↓ $415K
    • Apr 15, 2019 Price ↓ $435K
    • Mar 22, 2019 Listed @ $450K
    • May 15, 2015 Sold @ $377K
    • Apr 28, 2015 In Escrow
    • Apr 06, 2015 Listed @ $379K
    • 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 AOAO an ability to work towards offering the owners the fee.
    Upon lease expiry - year 2039 - all parties with an interest in the land have to come to an agreement. Since the owners have an interest in the fee, they cannot be asked to vacate their unit, as is the case with many leasehold properties. 

    About Discovery Bay
    The Discovery Bay condo is another of Waikiki's dual streng  ....click here to read more
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 12, 2020. Information is deemed reliable but not guaranteed.
    #2604 - listing courtesy Locations LLC.
    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 more about Oahu property taxes here.