MLS Number 202401203 For Sale
Let our Oahu real estate inspire you...
A welcoming, spacious one bedroom unit enhanced with an enclosed lanai looking out on a cool, quiet, mountain view in the Resolution Tower. A "cook's kitchen" featuring updated stainless steel appliances and outstanding storage with large pull out drawers accompanied by roomy cabinets and a china hutch in the dining area. Discovery Bay is a secured entry building in an excellent location near the beach, restaurants and Ala Moana Center with easy access in and out of Waikiki. After all these years, the land owners are making available the remainder of the fee (less 3%) giving a buyer the opportunity to own a large unit in a well maintained building with an excellent location for a far less price of comparable, neighboring condos. Fee available for purchase now at $129,816 with submission of fee purchase sales contract deadline May 31, 2024 with closing by July 31, 2025.
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | Discovery Bay |
| Unit Number | 2318 |
| Bedrooms | 1 |
| Full Bathrooms | 1 |
| Interior Living Area | 770 sq. ft.
71.54 sq. m. |
| Total Area |
770 sq. ft. 71.54 sq. m. |
| Year Built | 1977 |
| Year Remodeled | 2022 |
| 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 | 5-102 |
| 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 | One |
| Attribution Contact | Captain Cook Real Estate: (808) 735-5588 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $315,000 LH - Leasehold |
| Price / Sq. Ft. | $409.09 / Sq. Ft. |
| Land Tenure | LH - Leasehold (Your rent the land underneath.) |
| Lease Expiration | 2039 (in 15 years) |
| Lease Renegotiation Date | 2029-12-31 (in 5 years) |
| Lease Fee Purchase | $129,816 |
| Lease Fee Rent | $406 / Month |
| Tax Assessed Value | $570,500 |
| Tax Assessed Value Improvements | $557,300 |
| Tax Assessed Value Land | $13,200 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $166 / Month |
| Tax Year | 2023 |
| TMK (Tax Map Key) | 1-2-6-012-010-0480 |
| Maintenance | $917 / Month |
| Maintenance/SqFt | $147 / Month / Sq. Ft. |
| Total Monthly Fees | $917 / 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 |
