Hawaii Living

Discovery Bay #1005 (Waikiki)

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1778 Ala Moana Blvd #1005, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Robert V Cooper (R)
RB-11428
TY Realty, Inc.
Phone: (808) 941-6675

Description
This LARGE HIGH CEILING studio is a fixer upper. Bring your contractor. The parking stall is on the same level as the unit. Great location for easy access to restaurants, convenience stores, Ala Moana shops, beaches, surf breaks, and on the Bus and trolley line. Seasoned building managed and Board of Directors with wonderful staff, 24-hour security, and all the amenities you need! Private showings. Amenities: Heated swimming pool, BBQ area, (2) exercise rooms, sauna, recreation/sunning area & whirlpool. Building is secure w/resident manager, security guard. Please allow at least 2 days for appointments, the unit is currently rented. The association is offering 96.893% of the lease fee interest for sale at $78,242.00 plus closing costs until July 31, 2025. The AOAO has the right to purchase the remaining lease fee interest before the lease ends on 12/31/2039. The unit owner has entered into a purchase contract to purchase the leased fee interest. This contract may be assigned to the buyer subject to the Association's consent to the assignment. Upon closing the unit will be 96.893% fee simple and 3.107% leasehold.
Recent Activity
  • Feb 08, 2025 Listed at $218,000
Past Sales
(Discovery Bay)
  • #3308: 1 Bd | 1 Ba @ $260K (3/10/25)
  • #2414: 2 Bds | 2 Ba @ $665K (3/7/25)
  • #4003: 1 Bd | 1 Ba @ $514K (3/7/25)
  • #1517: 1 Bd | 1 Ba @ $280K (2/6/25)
  • #1003: 1 Bd | 1 Ba @ $300K (1/17/25)
  • #2008: 1 Bd | 1 Ba @ $299K (11/7/24)
  • #2110: Studio | 1 Ba @ $315K (11/1/24)
  • #3602: 1 Bd | 1 Ba @ $390K (10/4/24)
  • #2801: 2 Bds | 2 Ba @ $620K (10/3/24)
  • #1607: 1 Bd | 1 Ba @ $315K (9/27/24)
  • #3913: 1 Bd | 1 Ba @ $420K (9/17/24)
  • #3320: Studio | 1 Ba @ $320K (8/20/24)
  • #3908: 1 Bd | 1 Ba @ $320K (8/9/24)
  • #3513: 1 Bd | 1 Ba @ $375K (7/26/24)
  • #1620: Studio | 1 Ba @ $218K (7/16/24)
  • #3213: 1 Bd | 1 Ba @ $375K (6/27/24)
  • #2405: Studio | 1 Ba @ $255K (5/22/24)
  • #1912: 1 Bd | 1 Ba @ $299K (5/21/24)
  • #1113: 1 Bd | 1 Ba @ $325K (5/17/24)
  • #2004: 2 Bds | 2 Ba @ $580K (5/15/24)
  • #2318: 1 Bd | 1 Ba @ $300K (5/15/24)
  • #2509: 1 Bd | 1 Ba @ $372K (5/15/24)
  • #1307: 1 Bd | 1 Ba @ $300K (4/5/24)
  • #2618: 1 Bd | 1 Ba @ $380K (3/28/24)
  • #1417: 1 Bd | 1 Ba @ $345K (3/11/24)
  • #2409: 1 Bd | 1 Ba @ $425K (2/28/24)
  • #1303: 1 Bd | 1 Ba @ $315K (1/19/24)
  • #3808: 1 Bd | 1 Ba @ $328K (1/16/24)
  • #906: 1 Bd | 1 Ba @ $360K (12/29/23)
  • #2215: Studio | 1 Ba @ $255K (12/22/23)
  • #1001: 1 Bd | 1 Ba @ $395K (12/15/23)
  • #3408: 1 Bd | 1 Ba @ $300K (12/12/23)
  • #3515: Studio | 1 Ba @ $260K (11/27/23)
  • #2718: 1 Bd | 1 Ba @ $320K (11/27/23)
  • #4006: 1 Bd | 1 Ba @ $389K (11/21/23)
  • #1611: 2 Bds | 2 Ba @ $600K (10/17/23)
  • #1707: 1 Bd | 1 Ba @ $340K (10/4/23)
  • #1115: Studio | 1 Ba @ $220K (9/28/23)
  • #1613: 1 Bd | 1 Ba @ $355K (9/27/23)
  • #3418: 1 Bd | 1 Ba @ $370K (9/18/23)
  • #2612: 1 Bd | 1 Ba @ $358K (9/12/23)
  • #1002: 1 Bd | 1 Ba @ $383K (9/11/23)
  • #1310: Studio | 1 Ba @ $230K (9/6/23)
  • #1508: 1 Bd | 1 Ba @ $350K (8/22/23)
  • #1320: Studio | 1 Ba @ $220K (8/14/23)
  • #3018: 1 Bd | 1 Ba @ $350K (7/26/23)
  • #2906: 1 Bd | 1 Ba @ $423K (7/20/23)
  • #1916: 1 Bd | 1 Ba @ $282K (7/10/23)
  • #3803: 1 Bd | 1 Ba @ $455K (6/30/23)
  • #1013: 1 Bd | 1 Ba @ $310K (6/28/23)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.37
  • Price / ft²: $470
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Other, Sunset
  • Furnished: Partial
  • Property Condition: Needs Major Repair
  • Owner Occupancy: 40%
  • Management Company: Hawaiiana Mgmt
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Condo Association Pool, Exercise Room, Other, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Storage, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-20
  • Tax Assessed Land: $14,300
  • Tax Assessed Improvements: $394,400
  • Tax Assessed Total: $408,700
  • Courtesy: TY Realty, Inc. / (808) 941-6675
  • MLS: 202503043
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 AOA  ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 27, 2025.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$260,000
Discovery Bay #2918
1 Bd | 1 Ba
683 ft²
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Leasehold
$279,900
Discovery Bay #1418
1 Bd | 1 Ba
683 ft²
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Leasehold
$298,000
Discovery Bay #3120
Studio | 1 Ba
464 ft²
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Leasehold
$299,000
Discovery Bay #1907
1 Bd | 1 Ba
683 ft²
Other Waikiki Condos
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$223,000
Ainahau Gardens #311
Studio | 1 Ba
300 ft²
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$199,000
Pacific Islander #403
Studio | 1 Ba
280 ft²
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$250,000
Waikiki Marina Condominium #1803
Studio | 1 Ba
365 ft²
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$279,000
Hawaiian Monarch #2502
Studio | 1 Ba
223 ft²
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$280,000
Boulevard Tower #303
1 Bd | 1 Ba
506 ft²
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$289,000
Fairway Villa #915
Studio | 1 Ba
364 ft²
  • Asking Price: $218,000
Description
This LARGE HIGH CEILING studio is a fixer upper. Bring your contractor. The parking stall is on the same level as the unit. Great location for easy access to restaurants, convenience stores, Ala Moana shops, beaches, surf breaks, and on the Bus and trolley line. Seasoned building managed and Board of Directors with wonderful staff, 24-hour security, and all the amenities you need! Private showings. Amenities: Heated swimming pool, BBQ area, (2) exercise rooms, sauna, recreation/sunning area & whirlpool. Building is secure w/resident manager, security guard. Please allow at least 2 days for appointments, the unit is currently rented. The association is offering 96.893% of the lease fee interest for sale at $78,242.00 plus closing costs until July 31, 2025. The AOAO has the right to purchase the remaining lease fee interest before the lease ends on 12/31/2039. The unit owner has entered into a purchase contract to purchase the leased fee interest. This contract may be assigned to the buyer subject to the Association's consent to the assignment. Upon closing the unit will be 96.893% fee simple and 3.107% leasehold.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 27, 2025.Information is deemed reliable but not guaranteed.
    • Feb 08, 2025 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
    $260,000
    Discovery Bay #2918
    1 Bd | 1 Ba
    683 ft²
    • Photo
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    Leasehold
    $279,900
    Discovery Bay #1418
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $298,000
    Discovery Bay #3120
    Studio | 1 Ba
    464 ft²
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    Leasehold
    $299,000
    Discovery Bay #1907
    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. The sale may be 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.