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SOLD
MLS: 202503043
Condo: Discovery Bay #1005
 
Asking Price: $218,000 Leasehold
Sold Price: $218,000
Sold Date: 07/02/2025
Type: Condominium
District: Metro
Address: 1778 Ala Moana Boulevard, Honolulu, HI
Neighborhood: Waikiki
Beds: 0   Baths: 1
Living Area: 464 SF
Land Area: 1.94 Acres
View: Other,Sunset
Parking: Assigned,Covered - 1,Street
Amenities: BBQ,Condo Association Pool,Exercise Room,Other,Patio/Deck,Pool on Property,Recreation Area,Resident
Days on Market: 422
Year Built: 1977
Zoning: X2 - Apartment Precinct
Land Recorded: Land Court
Property Taxes: $119,.20
Assessed Value: $408,700,.00
Assessed Ratio: 53.34%
Listing Courtesy: TY Realty, Inc.
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This LARGE HIGH CEILING studio is a fixer upper. Bring your contractor. The parking stall is on the same level as the unit. 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. Amenities: Heated swimming pool, BBQ area, (2) exercise rooms, sauna, recreation/sunning area & whirlpool. Building is secure w/resident manager, security guard. Please allow at least 2 days for appointments, the unit is currently rented. The association is offering 96.893% of the lease fee interest for sale at $78,242.00 plus closing costs until July 31, 2025. The AOAO has the right to purchase the remaining lease fee interest before the lease ends on 12/31/2039. The unit owner has entered into a purchase contract to purchase the leased fee interest. This contract may be assigned to the buyer subject to the Association's consent to the assignment. Upon closing the unit will be 96.893% fee simple and 3.107% leasehold.


 
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