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SOLD
MLS: 202408044
Condo: Discovery Bay #1912
 
Asking Price: $299,000 Leasehold
Sold Price: $299,000
Sold Date: 05/21/2024
Type: Condominium
District: Metro
Address: 1778 Ala Moana Boulevard, Honolulu, HI
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 769 SF
Land Area: 1.94 Acres
View: City,Coastline
Parking: Assigned,Open - 1
Amenities: BBQ,Exercise Room,Pool on Property,Recreation Area,Security Guard,Trash Chute
Days on Market: 228
Year Built: 1977
Zoning: X2 - Apartment Precinct
Land Recorded: Land Court
Property Taxes: $181
Assessed Value: $620,500,.00
Assessed Ratio: 48.19%
Listing Courtesy: Fogarty Realty, Inc.
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NEW PRICE! Spacious floor, Fully furnished one bedroom unit with W/D in the unit and assigned a parking stall. Well maintained, secured building with ample of amenities such as pool, fitness, BBQ grills and sauna. Convenient location, walking distance to the beach, Waikiki, Ala Moana Shopping Center and beach parks. 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 $129,816. Estimated closing cost is $4100.30. 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. SOLD ABSOLUTELY AS IS


 
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