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MLS: 202514853 (Active - For Sale)Condo: Discovery Bay #2816
 
Asking Price: $475,000 FS - Fee Simple
Type: Condominium
District: Metro
Address: 1778 Ala Moana Boulevard, Honolulu, HI
Maintenance Fee: 1167.00
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 724 SF
Land Area: 1.94 Acres
View: City
Parking: Assigned,Street
Amenities: BBQ,Community Association Pool,Exercise Room,Patio/Deck,Pool on Property,Security Guard,Trash Chute,
Days on Market: 178
Year Built: 1977
Zoning: X2 - Apartment Precinct
Land Recorded: Land Court
Property Taxes: $178
Assessed Value: $609,500
Assessed Ratio: 77.93%
Listing Courtesy: Corcoran Pacific Properties
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All Units For Sale in Discovery Bay


A fantastic opportunity at Discovery Bay! Come home to a well-maintained and spacious one-bedroom, one-bath, one-parking condo available at a very reasonable price. This unit has been partially renovated and features a large, open lanai. Discovery Bay offers residents a prime location with close proximity to Waikiki Beach, Ala Moana Center, dining, shopping, entertainment, and the bus line. The property also boasts an array of amenities, including two exercise rooms, whirlpool, sauna, pool, BBQ area and a large sundeck. This is an excellent rental opportunity for investors. The unit is currently vacant and easy to show. Sold "AS IS". Furnishings negotiable. Seller has 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.


17 Comparable Units Sold in Discovery Bay (Last 12 months)
Description List Date Sold Date List Price Sold Price
1 Bed 1 Bath02/25/202507/25/2025$249,900$220,000
1 Bed 1 Bath09/01/202403/10/2025$260,000$260,000
1 Bed 1 Bath05/05/202406/27/2025$260,000$243,000
1 Bed 1 Bath05/31/202507/25/2025$275,000$231,000
1 Bed 1 Bath02/27/202505/01/2025$289,000$289,000
1 Bed 1 Bath08/12/202402/06/2025$290,000$280,000
1 Bed 1 Bath03/05/202506/23/2025$299,000$280,000
1 Bed 1 Bath06/04/202401/17/2025$328,000$300,000
1 Bed 1 Bath06/24/202403/31/2025$345,000$335,000
1 Bed 1 Bath10/17/202403/31/2025$349,000$320,000
1 Bed 1 Bath02/28/202504/30/2025$368,000$351,000
1 Bed 1 Bath08/01/202511/21/2025$400,000$385,000
1 Bed 1 Bath05/07/202403/07/2025$455,000$514,816
1 Bed 1 Bath07/19/202509/09/2025$460,000$460,000
1 Bed 1 Bath04/02/202510/24/2025$475,000$465,000
1 Bed 1 Bath08/18/202509/23/2025$486,000$475,000
1 Bed 1 Bath10/11/202512/16/2025$498,000$485,000
Average Price:  $346,695

 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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