Hawaii Living

Discovery Bay #2801 (Waikiki)

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  • Sold 10/3/24 at $620,000
    (List Price: $620,000)
  • Beds: 2
  • Baths: 2
  • Living: 1,131 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 597 / month
  • Fee Purchase: $190,703
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $1,347 / month
  • Property Taxes: $258 / month ?
  • Est. Mortgage: $3,135 / mo - adjust loan
  • Time Listed for Sale: 63 days
  • Status: Sold
  • Buy without visiting ?
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1778 Ala Moana Blvd #2801, Honolulu

Email Info@HawaiiLiving.com or use below contact form.
Description
OCEAN VIEW, HIGH FLOOR, Large, Spacious & Clean. Enclosed Lanai. Remodeled (1/2008) corner unit with a mountain canal view. Vinyl flooring, kitchen, & bath cabinets. 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. Unit is fully furnished and ready to occupy or lease. A Leasehold property with Fee Available @ $190,703.00 from Discovery Bay Condominium Association owning approximately 96.893% of beneficial interest in the trust. Transfer of this interest from the AOAO to the unit owners is ongoing. Current Lease rent paid quarterly @ $1,790.52. Discovery Bay is a wonderful choice if you are looking for a great location close to the Beach, Ala Moana Beach Park, and Ala Moana Shopping Center. Amenities include Heated swimming pool, BBQ area, (2) exercise rooms, sauna, recreation/sunning area & whirlpool. Building has security guard, secured lobby & video. RP tax based on 2023 assessment. Pay guest parking is available.
Past Activity
  • Oct 03, 2024 Sold for $620,000
  • Aug 13, 2024 Under Contract
  • Jun 11, 2024 Listed at $620,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.19
  • Price / ft²: $548
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2008
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Coastline, Marina/Canal, Ocean, Sunrise, Sunset
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: hawaiiana MGT
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Condo Association Pool, Exercise Room, Heated Pool, Other, Patio/Deck, Pool on Property, Resident Manager, Sauna, Storage, Whirlpool
  • TMK: 1-2-6-12-10-191
  • Tax Assessed Land: $19,300
  • Tax Assessed Improvements: $866,000
  • Tax Assessed Total: $885,300
  • Courtesy: TY Realty, Inc. / (808) 941-6675
  • MLS: 202414059
Good to Know
  • 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 November 21, 2024.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$580,000
Discovery Bay #1414
2 Bds | 2 Ba
1,131 ft²
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Discovery Bay #2414
2 Bds | 2 Ba
1,131 ft²
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Leasehold
$455,000
Discovery Bay #4003
1 Bd | 1 Ba
683 ft²
Other Waikiki Condos
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2233 Ala Wai #5B
2 Bds | 2 Ba
1,024 ft²
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Keoni Ana #1304
2 Bds | 1.5 Ba
815 ft²
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Oahu Surf #601
2 Bds | 2 Ba
773 ft²
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Walina Apts #1101
2 Bds | 2 Ba
980 ft²
  • Sold 10/3/24 at $620,000
    (List Price: $620,000)
Description
OCEAN VIEW, HIGH FLOOR, Large, Spacious & Clean. Enclosed Lanai. Remodeled (1/2008) corner unit with a mountain canal view. Vinyl flooring, kitchen, & bath cabinets. 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. Unit is fully furnished and ready to occupy or lease. A Leasehold property with Fee Available @ $190,703.00 from Discovery Bay Condominium Association owning approximately 96.893% of beneficial interest in the trust. Transfer of this interest from the AOAO to the unit owners is ongoing. Current Lease rent paid quarterly @ $1,790.52. Discovery Bay is a wonderful choice if you are looking for a great location close to the Beach, Ala Moana Beach Park, and Ala Moana Shopping Center. Amenities include Heated swimming pool, BBQ area, (2) exercise rooms, sauna, recreation/sunning area & whirlpool. Building has security guard, secured lobby & video. RP tax based on 2023 assessment. Pay guest parking is available.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Oct 03, 2024 Sold for $620,000
    • Aug 13, 2024 Under Contract
    • Jun 11, 2024 Listed at $620,000
    • 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
    $580,000
    Discovery Bay #1414
    2 Bds | 2 Ba
    1,131 ft²
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    Discovery Bay #2414
    2 Bds | 2 Ba
    1,131 ft²
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    Leasehold
    $455,000
    Discovery Bay #4003
    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. 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 about property tax rates.