MLS Number 202130227 For Sale

Let our Oahu real estate inspire you...

Enjoy Island Living! Fabulous ocean, yacht harbor, city and sunset view in the desirable "11" stack. Upgraded corner unit. Current monthly rental income $6,000. Well maintained 24/7 secured building with covered parking and enclosed lanai. Excellent location next to public transportation, minutes to beach, lagoon, shops and restaurants. Great amenities include swimming Pool, exercise rooms, sauna, sun deck, whirlpool, 8 BBQ stations. Across from Hilton Hawaiian Village Hotel. Close to Ala Moana shopping center and Magic Island. AOAO owns 62% of the beneficial fee interest and on-going negotiation of the remaining 38% to make this a fee simple building. Tenant lease ends on 4/1/22. Premier Waikiki Location. Listing information courtesy of Marina Hawaii Vacations

Item Details (Information deemed reliable, but not guaranteed.)
Property Type Condo/Townhouse
Building Name Discovery Bay
Unit Number 1611
Bedrooms 2
Full Bathrooms 2
Interior Living Area 1,131 sq. ft.
105.07 sq. m.
Total Area 1,131 sq. ft.
105.07 sq. m.
Year Built 1977
Year Remodeled 2019
Remodel Type Full
Furnished Yes
Parking Total 1
Parking Type
  • Assigned
  • Covered - 1
  • Street
Property Condition Above Average,Excellent
Unit Features
  • Bedroom on 1st Level
  • Central AC
  • Corner/End
  • Full Bath on 1st Floor
  • Odd# Unit
  • Single Level
Views
  • City
  • Ocean
  • Sunrise
  • Sunset
Inclusions
  • AC Central
  • Cable TV
  • Dishwasher
  • Disposal
  • Drapes
  • Dryer
  • Microwave
  • Range/Oven
  • Refrigerator
  • Smoke Detector
  • Washer
Flooring
  • Ceramic Tile
Item Details (Information deemed reliable, but not guaranteed.)
Amenities
  • BBQ
  • Exercise Room
  • Patio/Deck
  • Pool on Property
  • Recreation Area
  • Resident Manager
  • Restaurant
  • Sauna
  • Security Guard
  • Trash Chute
  • Whirlpool
Architectural Style
  • High-Rise 7+ Stories
Condo Parking Unit 5-112
Construction Materials
  • Concrete
  • Double Wall
Elevators 4
Management Company Hawaiiana Mgt (tel. 808-593-9100)
Owner Occupancy 40%
Property Frontage
  • Other
Security
  • Key
  • Security Patrol
  • Video
Stories 21+
Item Details (Information deemed reliable, but not guaranteed.)
Current Price $479,000 LH - Leasehold
Price / Sq. Ft. $423.52 / Sq. Ft.
Land Tenure LH - Leasehold (Your rent the land underneath.)
Lease Expiration 2039 (in 17 years)
Lease Renegotiation Date 2029-01-01 (in 7 years)
Lease Fee Purchase Not available.
Lease Fee Rent $597 / Month
Tax Assessed Value $628,900
Tax Assessed Value Improvements $611,000
Tax Assessed Value Land $17,900
Tax Exemption Owner Occupancy $0
Tax Amount $183 / Month
Tax Year 2021
TMK (Tax Map Key) 1-2-6-012-010-0403
Maintenance $1,188 / Month
Maintenance/SqFt $57 / Month / Sq. Ft.
Total Monthly Fees $1,188 / Month
Item Details
City Honolulu
Neighborhood Waikiki
Zip Code 96815
Association Community Name AOAO Discovery Bay
Zoning AM - Apartment Mixed Use
Flood Zone Zone AE
Elementary School Ala Wai
Middle School Washington
High School Mckinley

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Hi, I'm Sachiko Trillo, Oahu Realtor.

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