MLS Number 202401753 For Sale
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Nicely renovated wonderful high floor unit with 1 assigned parking stall on the cool side of the Discovery Bay Endeavor Tower! Freshly painted and updated kitchen and bathroom with washer/dryer is in the unit. A lot of spacious closets. A prime Waikiki resort district, this condo is 24/7 secured Bldg. perfect location close to restaurants, shopping of Waikiki, Ala Moana Shopping Center and beach parks. Amenities included: pool, sauna gym, whirlpool, BBQ and much more. Discovery Bay AOAO recently finalized agreement regarding purchase of additional leasehold interest to make it a 93.786% fee simple unit. Estimated cost to purchase is $78,242.00. This is a qualified fee simple building, meaning it will be 100% fee simple in the future. By early 2024, it will be 93.786% fee simple and the lease rent will be only 6.214% of the current lease rent. The remaining 6.214% leasehold will be fee simple in the future according to the information on Discovery Bay website.
Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Property Type | Condo/Townhouse |
Building Name | Discovery Bay |
Unit Number | 2405 |
Bedrooms | studio |
Full Bathrooms | 1 |
Interior Living Area | 464 sq. ft.
43.11 sq. m. |
Total Area |
464 sq. ft. 43.11 sq. m. |
Year Built | 1977 |
Year Remodeled | 2024 |
Remodel Type | Partial |
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 |
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Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Amenities |
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Architectural Style |
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Condo Parking Unit | 6-124 |
Construction Materials |
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Elevators | 4 |
Management Company | Hawaiiana Management Co. (tel. 593-9100) |
Owner Occupancy | 20% |
Property Frontage |
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Security |
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Stories | 21+ |
Attribution Contact | Moana Realty LLC: [email protected] |
Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Current Price | $260,000 LH - Leasehold |
Price / Sq. Ft. | $560.34 / Sq. Ft. |
Land Tenure | LH - Leasehold (Your rent the land underneath.) |
Lease Expiration | 2039 (in 15 years) |
Lease Fee Purchase | $78,242 |
Lease Fee Rent | $245 / Month |
Tax Assessed Value | $438,700 |
Tax Assessed Value Improvements | $430,800 |
Tax Assessed Value Land | $7,900 |
Tax Exemption Owner Occupancy | $0 |
Tax Amount | $128 / Month |
Tax Year | 2023 |
TMK (Tax Map Key) | 1-2-6-012-010-0155 |
Maintenance | $533 / Month |
Maintenance/SqFt | $69 / Month / Sq. Ft. |
Total Monthly Fees | $533 / Month |
Item | Details |
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City | Honolulu |
Neighborhood | Waikiki |
Zip Code | 96815 |
Zoning | X2 - Apartment Precinct |
Flood Zone | Zone AE |
Elementary School | Jefferson |
Middle School | Washington |
High School | Kaimuki |