Charming high Floor unit. Great investment property or 2nd home. Remodeled kitchen. Washer/Dryer in the unit. Covered parking. Pool, fitness room, sauna, hot-tub, BBQ. 24-7 security guards. Great location, across from Waikiki beach, 1 block from Ala Moana Shopping Center. The unit is 96.893% fee simple and 3.107% leasehold. The AOAO has the right to purchase the remaining leased fee interest before the lease ends on December 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. The 100% fee simple is expected to happen in 1 to 2 years. Maintenance fee include $22.82 monthly leaserent for the 3.107% leasehold. Price to sell at $379, 000. The property is assessed by the city for $561, 700.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Bedroom on Main Level
- Furnished Description: Furnished
- Flooring: Vinyl
Heating and Cooling
- Cooling Features: Central Air
Other Rooms
Pool and Spa
- Pool Features: Heated
- Spa Features: Community
Land Info
- Lot Size Acres: 1.9390037
- Lot Size Square Feet: 84463
Garage and Parking
- Parking Features: Covered, One Space
- Parking Total: 1
Home Features
- View: City, Mountain(s)
- Security Features: Key Card Entry, Security Guard
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Cable TV, Hot Water, Internet, Sewer, Water
- Maintenance Expense: 659
Rental Info
- Lease Amount: 20
- Lease Expiration: 2039-12-31
Amenities and Community Features
- Community Features: Barbecue, Fitness, Pool, Restaurant, Sauna, Trash Chute
Other Property Info
- Annual Tax Amount: 1380.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Central, Blinds, Cable TV, Disposal, Dryer, Range/Oven, Refrigerator
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-012-010-0507
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 464
- Year Built: 1977
- Building Area Total: 464
- Building Name: Discovery Bay
- Construction Materials: Concrete
- Entry Level: 26
- Levels: One
- Property Age: 48
- Property Condition: Excellent, Updated/Remodeled
- House Style: High Rise
- Total Area Sqft: 464
- Year Built Effective: 2020
- Architectural Style: High Rise