Nicely remodeled studio apartment with recently updated bathroom, flooring, new washer/dryer. Assigned parking 7-133. Discovery Bay is located on the west end of Waikiki, a 5 minute walk to Ala Moana Shopping Center and Magic Island. Across the street from the white sandy beaches of the famous Duke Kahamamoku Beach. Amenities: Security, BBQ's, heated pool, sauna, gym, large jacuzzi & basketball hoop. At this time, Discovery Bay requires a 30 minimum monthly lease. Seller's have already purchased the 96.893% fee for this unit. "The unit is 96.893% fee simple and 3.107% leasehold ($7.61/mo). The AOAO has right to purchase the remaining leased fee interest before the lease ends on 12/31/2039. The lease rent for the last 10 years of the lease is known, and the method to establish the price of the remaining leased fee interest has been agreed upon". See Discovery Bay's website.