Hawaii Living

Discovery Bay #2715 (Waikiki)

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1778 Ala Moana Blvd #2715, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Connie Ortiz-Sarubbi (RA)
RS-60035
Savvy Realty & Loans
Phone: (808) 926-3700

Description
Large, totally renovated, upgraded studio, fully furnished with 1 assigned parking. All new appliance, washer/dryer, granite counter and kitchen, high floor with a picture window. AOAO CURRENTLY OWNS APPROXIMATELY 62% OF THE BENEFICIAL FEE SIMPLE INTEREST. Move in ready, open to all offers. Motivated seller!
Recent Activity
  • Jan 26, 2021 Price $235,000
  • Oct 27, 2020 Price $259,000
  • Oct 27, 2020 Listed at $249,000
  • Sep 28, 2020 Withdrawn
  • Aug 07, 2019 Listed at $259,000
  • Feb 01, 2017 Expired
  • Apr 25, 2016 In Escrow
  • Jan 25, 2016 Listed at $265,000
  • Aug 13, 2015 Sold for $161,000
  • Jun 05, 2015 In Escrow
  • Apr 14, 2015 Price $161,000
  • Mar 18, 2015 Listed at $1,000
Sold
  • #1712: 683 sqft @ $310K (7/21/21)
  • #1409: 724 sqft @ $280K (7/21/21)
  • #PH3: 1,667 sqft @ $675K (7/14/21)
  • #1801: 1,003 sqft @ $410K (5/28/21)
  • #1914: 1,131 sqft @ $346K (5/25/21)
  • #2814: 1,003 sqft @ $375K (5/24/21)
  • #1713: 683 sqft @ $270K (5/17/21)
  • #2502: 683 sqft @ $292K (5/11/21)
  • #1211: 1,131 sqft @ $400K (4/30/21)
  • #3213: 683 sqft @ $260K (4/30/21)
  • #1514: 1,131 sqft @ $400K (4/28/21)
  • #3410: 464 sqft @ $248K (4/19/21)
  • #2716: 762 sqft @ $280K (4/15/21)
  • #3017: 683 sqft @ $230K (3/22/21)
  • ##4007: 683 sqft @ $209K (3/22/21)
  • #3812: 769 sqft @ $235K (3/12/21)
  • #915: 464 sqft @ $164K (3/5/21)
  • #2416: 724 sqft @ $215K (3/4/21)
  • #1006: 724 sqft @ $183K (2/19/21)
  • #1711: 1,131 sqft @ $375K (2/19/21)
  • #3903: 683 sqft @ $265K (2/10/21)
  • #3011: 1,131 sqft @ $400K (12/31/20)
  • #3704: 1,131 sqft @ $400K (12/18/20)
  • #3513: 683 sqft @ $240K (12/14/20)
  • #3110: 464 sqft @ $220K (10/30/20)
  • #3606: 724 sqft @ $215K (10/30/20)
  • #4017: 769 sqft @ $275K (10/7/20)
  • #1319: 724 sqft @ $245K (10/2/20)
  • #1203: 770 sqft @ $190K (6/26/20)
  • #2614: 1,003 sqft @ $439K (5/19/20)
  • #2209: 724 sqft @ $300K (4/15/20)
  • #2604: 1,113 sqft @ $385K (4/6/20)
  • #3717: 683 sqft @ $180K (3/30/20)
  • #3701: 1,131 sqft @ $508K (3/18/20)
  • #2510: 464 sqft @ $218K (2/25/20)
  • #3001: 1,131 sqft @ $425K (2/21/20)
  • #3509: 724 sqft @ $230K (1/31/20)
  • #2320: 464 sqft @ $185K (1/27/20)
  • #2316: 852 sqft @ $235K (1/10/20)
  • #2605: 464 sqft @ $167K (1/8/20)
  • #1401: 1,003 sqft @ $301K (1/3/20)
  • #3003: 683 sqft @ $215K (12/26/19)
  • #3908: 683 sqft @ $250K (12/16/19)
  • #2411: 1,131 sqft @ $448K (12/6/19)
  • #3106: 852 sqft @ $275K (10/24/19)
  • #3912: 683 sqft @ $293K (10/21/19)
  • #3507: 683 sqft @ $228K (10/16/19)
  • #1707: 683 sqft @ $200K (9/26/19)
  • #3414: 1,131 sqft @ $350K (9/16/19)
  • #2015: 464 sqft @ $169K (8/27/19)
More Details
  • HOA Fees / Interior Sf: $0.98
  • Price / Interior Sf: $506
  • HOA Fees Include: Cable TV, Internet Service, Water
  • Year Remodeled: 2016
  • Owner, Tax & Resale History: Click here
  • Zoning: X2 - Apartment Precinct
  • Any View: City, Mountain
  • Owner Occupancy: 63%
  • Management Company: Hawaiiana Management
  • Security Features: Key, Security Patrol
  • Amenities: BBQ, Exercise Room, Pool on Property, Recreation Area, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-517
  • Tax Assessed Land: $7,100
  • Tax Assessed Improvements: $384,900
  • Tax Assessed Total: $392,000
  • Courtesy: Savvy Realty & Loans
  • MLS: 202027951
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 02, 2021. Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$229,000
Discovery Bay #2615
Studio | 1 Bath
464 sqft
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Leasehold
$249,000
Discovery Bay #3215
Studio | 1 Bath
464 sqft
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Leasehold
$249,000
Discovery Bay #2010
Studio | 1 Bath
464 sqft
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Leasehold
$295,000
Discovery Bay #1118
1 Bed | 1 Bath
769 sqft
About Discovery Bay
  • 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
Other Waikiki Condos
Villa On Eaton Square #2108
1 Beds | 1 Baths
582 sqft
Royal Kuhio
1 Beds | 1 Baths
436 sqft
Rosalei #909
1 Beds | 1 Baths
477 sqft
Hawaiian Monarch #1116
0 Beds | 1 Baths
259 sqft
Kuhio Village #1207A
2 Beds | 2 Baths
433 sqft
Ainahau Gardens #307
0 Beds | 1 Baths
300 sqft
  • Asking Price: $235,000
Description
Large, totally renovated, upgraded studio, fully furnished with 1 assigned parking. All new appliance, washer/dryer, granite counter and kitchen, high floor with a picture window. AOAO CURRENTLY OWNS APPROXIMATELY 62% OF THE BENEFICIAL FEE SIMPLE INTEREST. Move in ready, open to all offers. Motivated seller!
Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Connie Ortiz-Sarubbi (RA)
RS-60035
Savvy Realty & Loans
Phone: (808) 926-3700

    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 02, 2021. Information is deemed reliable but not guaranteed.
    • Jan 26, 2021 Price $235,000
    • Oct 27, 2020 Price $259,000
    • Oct 27, 2020 Listed at $249,000
    • Sep 28, 2020 Withdrawn
    • Aug 07, 2019 Listed at $259,000
    • Feb 01, 2017 Expired
    • Apr 25, 2016 In Escrow
    • Jan 25, 2016 Listed at $265,000
    • Aug 13, 2015 Sold for $161,000
    • Jun 05, 2015 In Escrow
    • Apr 14, 2015 Price $161,000
    • Mar 18, 2015 Listed at $1,000
    • 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 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
    Other Discovery Bay Listings
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    Leasehold
    $229,000
    Discovery Bay #2615
    Studio | 1 Bath
    464 sqft
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    Leasehold
    $249,000
    Discovery Bay #3215
    Studio | 1 Bath
    464 sqft
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    Leasehold
    $249,000
    Discovery Bay #2010
    Studio | 1 Bath
    464 sqft
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    Leasehold
    $295,000
    Discovery Bay #1118
    1 Bed | 1 Bath
    769 sqft
    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.