| Description | 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. |
|---|---|
| Status | Sold since 02-08-2025 |
| MLS# | 202503043 |
| Price | $218,000 |
| Original Price | $218,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 464 |
| Land Tenure | LH - Leasehold |
| Maintenance Fee | $636 |
| Building | Discovery Bay |
| Address | 1778 Ala Moana Boulevard 1005 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 54 |
| Year Built | 1977 |
| Condition | Needs Major Repair |
| View | Other, Sunset |
| Frontage | Other |
| Parking | Assigned, Covered - 1, Street |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $119 |
| Assessed Land | $14,300 |
| Assessed Building | $394,400 |
| Assessed Total | $408,700 |
| Assessed Ratio | 53% |
| Inclusions | AC Central, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Range/Oven, Refrigerator, Smoke Detector, Washer |
| Amenities | BBQ, Condo Association Pool, Exercise Room, Other, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Storage, Trash Chute, Whirlpool |
| Construction | Concrete |
| Flooring | Vinyl, W/W Carpet |
| Disclosures | Call Listor, Non Resident Owner, Property Disclosure Stmt, See Remarks |
| Furnished | Partial |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol, Video |
| Leasehold | Lease rent $245 / 2039 · Buy fee $78,242 |
| Parcel # | 1-2-6-012-010-0020 |
| Listing courtesy of | TY Realty, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-02-2025 | 202503043 | Sold | P | S | $218,000 | $218,000 | $408,700 | $14,300 | $394,400 |
| 06-28-2025 | 202503043 | Pending | C | P | $218,000 | $218,000 | $408,700 | $14,300 | $394,400 |
| 04-28-2025 | 202503043 | Active Under Contract | A | C | $218,000 | $218,000 | $408,700 | $14,300 | $394,400 |
| 04-22-2025 | 202503043 | Back On Market | C | A | $218,000 | $218,000 | $408,700 | $14,300 | $394,400 |
| 03-28-2025 | 202503043 | Active Under Contract | A | C | $218,000 | $218,000 | $408,700 | $14,300 | $394,400 |
| 02-08-2025 | 202503043 | New Listing | A | $218,000 | $218,000 | $408,700 | $14,300 | $394,400 |
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