MLS Number 202320563 For Sale
Let our Oahu real estate inspire you...
This Spacious well maintained 1 Bedroom condominium is not your typical Waikiki condo, and Discovery Bay is a wonderful choice if you are looking for a great location close to Waikiki Beach's, Ala Moana Beach Park, and Ala Moana Shopping Center. You can live in the unit, or rent it out part of the year when your not enjoying all the benefits of this wonderful location. This turn key unit has everything you need including ocean and marina views, a full sized kitchen, washer/dryer, central A/C, and 1 spacious assigned covered parking space. This well managed building has 24/7 security, jacuzzi, swimming pool, 2 exercise rooms, a huge sun deck, and 8 BBQ stations. Although this is a leasehold building, Discovery Bay Homeowners Association recently finalized agreement regarding the purchase of additional leasehold interest to make it a 93.786% fee simple unit. This is a qualified fee simple building, meaning it will be 100% fee simple in the future.
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | Discovery Bay |
| Unit Number | 1102 |
| Bedrooms | 1 |
| Full Bathrooms | 1 |
| Interior Living Area | 769 sq. ft.
71.44 sq. m. |
| Total Area |
769 sq. ft. 71.44 sq. m. |
| Year Built | 1977 |
| Year Remodeled | 2016 |
| Remodel Type | Partial |
| Furnished | Yes |
| Parking Total | 1 |
| Parking Type |
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| Property Condition | Above Average |
| Unit Features |
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| Views |
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| Inclusions |
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| Flooring |
|
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Amenities |
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| Architectural Style |
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| Condo Parking Unit | 10-7 |
| Construction Materials |
|
| Elevators | 4 |
| Management Company | Hawaiiana Mgmt (tel. 808-593-9100) |
| Owner Occupancy | 40% |
| Property Frontage |
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| Security |
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| Stories | 21+ |
| Attribution Contact | John Keoni Welch: (808) 226-1728 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $399,500 LH - Leasehold |
| Price / Sq. Ft. | $519.51 / Sq. Ft. |
| Land Tenure | LH - Leasehold (Your rent the land underneath.) |
| Lease Expiration | 2039 (in 16 years) |
| Lease Renegotiation Date | 2029-12-31 (in 6 years) |
| Lease Fee Purchase | Not available. |
| Lease Fee Rent | $406 / Month |
| Tax Assessed Value | $562,100 |
| Tax Assessed Value Improvements | $548,900 |
| Tax Assessed Value Land | $13,200 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $164 / Month |
| Tax Year | 2023 |
| TMK (Tax Map Key) | 1-2-6-012-010-0024 |
| Maintenance | $865 / Month |
| Maintenance/SqFt | $96 / Month / Sq. Ft. |
| Total Monthly Fees | $865 / Month |
| Item | Details |
|---|---|
| City | Honolulu |
| Neighborhood | Waikiki |
| Zip Code | 96815 |
| Association Community Name | Discovery Bay AOAO |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Elementary School | Jefferson |
| Middle School | Washington |
| High School | Kaimuki |
