Discovery Bay #3217

(Waikiki)

1 / 15
  • Asking Price: $210,000
  • Living: 683 sqft
  • Beds: 1
  • Baths: 1
1778 Ala Moana Blvd #3217, Honolulu, 96815
Agency Info

Our office is currently not able to assist you with this property. We recommend you contact the listing agency - Y.P. Kang

  • 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
Description

Tenant occupied until on or before June 22nd. No showings before tenant vacates. Once vacant, unit will be cleaned up and able to be seen/shown on short notice. Also okay to present offer(s) subject to inspection. High floor cool side great views good potential. Unit will need to be re-done. A great opportunity awaits. Unit is subject to renegotiation on a short fixed leasehold with the condo being part fee simple and part leasehold with Bank of Hawaii Trust. Priced to sell!

Recent Activity
  • Jun 04, 2018 Listed @ $210K
  • Oct 01, 2013 Expired
  • Jul 01, 2013 Listed @ $250K
Recently Sold
(Discovery Bay)
  • #2613: 683 sqft @ $245K (10/15/18)
  • #2204: 1,131 sqft @ $390K (10/12/18)
  • #3320: 464 sqft @ $220K (10/2/18)
  • #3304: 1,131 sqft @ $485K (9/7/18)
  • #1104: 1,131 sqft @ $381K (8/28/18)
  • #1505: 464 sqft @ $160K (8/20/18)
  • #2309: 724 sqft @ $225K (8/8/18)
  • #1406: 724 sqft @ $259K (7/24/18)
  • #2307: 683 sqft @ $225K (7/13/18)
  • #2311: 1,003 sqft @ $440K (7/12/18)
More Details
  • HOA Fees / Interior Sf: $2.76
  • Price / Interior Sf: $307
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses
  • Sold Furnished: No
  • Owner, Tax & Resale History: Click here
  • MLS: 201814261
  • Waikiki Condos Median Listing Price: $457K
  • Waikiki Condos Median Interior: 588 sqft
  • Occupancy Type: Tenant
  • View: City, Mountain
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Owner Occupancy: 35%
  • Management Company: Hawaiiana Mgmt
  • Security Features: Key, Security Patrol
  • Amenities: BBQ, Heated Pool, Patio/Deck, Pool, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute
  • Inclusions: AC Central, Cable TV, Range/Oven, Refrigerator
  • TMK: 1-2-6-12-10-569
  • Tax Assessed Land: $27,800
  • Tax Assessed Improvements: $478,200
  • Tax Assessed Total: $506,000
  • Special Sales Terms: None
We poured our heart into building this website for you! It took time, money, and effort. If you like it, consider working with us. We will not disappoint.

We update our site every 7 minutes.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 22, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Y.P. Kang.
Other Discovery Bay Listings
Leasehold
$210,000
Discovery Bay #2615
Studio | 1 Ba | 440 sqft
Year Remodeled: 2017
Leasehold
$198,000
Discovery Bay #2105
Studio | 1 Ba | 464 sqft
Leasehold
$238,000
Discovery Bay #1103
1 Bd | 1 Ba | 683 sqft
Ocean view
Leasehold
$248,000
Discovery Bay #2618
1 Bd | 1 Ba | 683 sqft
  • 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
Royal Kuhio #1501
1 Bd | 1Ba | 538 sqft
Aloha Surf Hotel #1513
1 Bd | 1Ba | 223 sqft
Waikiki Banyan #2701
1 Bd | 1Ba | 533 sqft
Kalakauan #504
1 Bd | 1Ba | 437 sqft
LeaseholdSold(10/15/18)
$245,000
Discovery Bay #2613
1 Bd | 1 Ba | 683 sqft
Oceanfront
LeaseholdSold(10/12/18)
$390,000
Discovery Bay #2204
2 Bd | 2 Ba | 1,131 sqft
Oceanfront
LeaseholdSold(10/2/18)
$220,000
Discovery Bay #3320
Studio | 1 Ba | 464 sqft
Ocean view
LeaseholdSold(9/7/18)
$485,000
Discovery Bay #3304
2 Bd | 2 Ba | 1,131 sqft
Ocean view
LeaseholdSold(8/28/18)
$381,500
Discovery Bay #1104
2 Bd | 2 Ba | 1,131 sqft
Ocean view
LeaseholdSold(8/20/18)
$160,000
Discovery Bay #1505
Studio | 1 Ba | 464 sqft
Marina view
LeaseholdSold(8/8/18)
$225,000
Discovery Bay #2309
1 Bd | 1 Ba | 724 sqft
Ocean view
LeaseholdSold(7/24/18)
$259,000
Discovery Bay #1406
1 Bd | 1 Ba | 724 sqft
LeaseholdSold(7/13/18)
$225,000
Discovery Bay #2307
1 Bd | 1 Ba | 683 sqft
Year Remodeled: 2010
LeaseholdSold(7/12/18)
$440,000
Discovery Bay #2311
2 Bd | 2 Ba | 1,003 sqft
Oceanfront
We poured our heart into building this website for you! It took time, money, and effort. If you like it, consider working with us. We will not disappoint.

We update our site every 7 minutes.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 22, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Y.P. Kang.
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: 12/30/39
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
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.
If an owner claims the home exemption - the owner's primary residence - the tax rate is 0.35% of total assessed value. If an owner cannot claim the home exemption - not the owner's primary residence - the tax rate is also 0.35% if total assessed value is below $1,000,000, but if the total assessed value is at or above $1,000,000 the tax rate is two tiered: 0.45% up to the first $1,000,000 in assessed value and 0.9% above $1,000,000 in assessed value. Learn more about Oahu property taxes here.
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