Hawaii Living

Discovery Bay #PH3 (Waikiki)

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  • Asking Price: $725,000
  • Beds: 2
  • Baths: 2
  • Living: 1,667 sqft
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 969 / month
  • Fee Purchase: Not available
  • Balcony: 171 sqft
  • Built: 1977
  • Parking: 2
  • Maint. (HOA) Fees: $ 1,856 / month
  • Property Taxes: $ 273 / month ?
  • Est. Mortgage: $2,445 /mo - adjust loan
  • Days on Market: 2 days
  • Status: Active
  • Buy without visiting ?
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1778 Ala Moana Blvd #PH3, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Doug Weber (RA)
RS-67571
Locations LLC
Phone: (808) 735-4200

Description
Spectacular penthouse living with Diamond head, mountain and city views! Spacious! Well maintained, 2 bed 2 bath condo with 2 parking, in a prime location, close to the beach, shops, restaurants and public transportation. This well managed building has great amenities, sauna, pool, Jacuzzi, exercise rooms, Resident Manager with 24 hour security. First Open House this Sunday April 10th.
Recently Sold
(Discovery Bay)
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More Details
  • HOA Fees / Interior Sf: $1.11
  • Price / Interior Sf: $435
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Owner, Tax & Resale History: Click here
  • Zoning: X2 - Apartment Precinct
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Diamond Head, Mountain, Sunrise
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: Exercise Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-333
  • Tax Assessed Land: $29,100
  • Tax Assessed Improvements: $907,000
  • Tax Assessed Total: $936,100
  • Courtesy: Locations LLC
  • MLS: 202108216
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 10, 2021. Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$545,000
Discovery Bay #2111
2 Beds | 2 Baths
1,130 sqft
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Leasehold
$480,000
Discovery Bay #3314
2 Beds | 2 Baths
1,003 sqft
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Leasehold
$449,000
Discovery Bay #2214
2 Beds | 2 Baths
1,003 sqft
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Leasehold
$439,000
Discovery Bay #1401
2 Beds | 2 Baths
1,131 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
Waikiki Sunset
#2413

2 Beds | 1 Baths
604 sqft
Lanikea At Waikiki
#704

2 Beds | 2 Baths
1,017 sqft
Waikiki Landmark
#907

2 Beds | 2 Baths
1,128 sqft
Waipuna
#506

2 Beds | 2 Baths
1,297 sqft
Regency On Beachwalk
#46

2 Beds | 1 Baths
693 sqft
Royal Garden At Waikiki
#2400

2 Beds | 2 Baths
1,244 sqft
  • Asking Price: $725,000
Description
Spectacular penthouse living with Diamond head, mountain and city views! Spacious! Well maintained, 2 bed 2 bath condo with 2 parking, in a prime location, close to the beach, shops, restaurants and public transportation. This well managed building has great amenities, sauna, pool, Jacuzzi, exercise rooms, Resident Manager with 24 hour security. First Open House this Sunday April 10th.
Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Doug Weber (RA)
RS-67571
Locations LLC
Phone: (808) 735-4200

    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 10, 2021. Information is deemed reliable but not guaranteed.
    • 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
    $545,000
    Discovery Bay #2111
    2 Beds | 2 Baths
    1,130 sqft
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    Leasehold
    $480,000
    Discovery Bay #3314
    2 Beds | 2 Baths
    1,003 sqft
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    Leasehold
    $449,000
    Discovery Bay #2214
    2 Beds | 2 Baths
    1,003 sqft
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    Leasehold
    $439,000
    Discovery Bay #1401
    2 Beds | 2 Baths
    1,131 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.