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Discovery Bay Center

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  Discovery Bay Center Quick Facts:

Year Built: 1977 Units: 665
Stories: 42 Elevators: 8
High School: Kaimuki
Middle School: Washington
Elem. School: Jefferson

Unit# 2216 in Discovery Bay Center

1778 Ala Moana - Waikiki - West
MLS#: 202505239
$368,000 Leasehold
Original List Price: $368,000
Days On Market: 12

Unit Information
Bedrooms: 1 Living Area: 724 SF Parking: 1 stall
Baths: 1 Full Lanai: 128 SF    
Condition: Above Average Total SF: 852 SF View: City, Diamond Head, Mountain, Sunrise
Listing Agent Remarks:   desirable location with diamond head and sunrise view! enjoy the spacious enclosed lanai in this larger size one bedroom/one bath condo with washer/dryer in unit. covered & secured parking space next to the elevator. amenities include: pool, sauna, whirlpool, 8 bbq stations, 2 exercise rooms and a large sun deck. restaurants located on the ground floor along the 2 buildings. prime location at the beginning of waikiki with numerous shopping, fine dining and entertainment options. db is across from hilton hawaiian village hotel and a beautiful lagoon. close to ala moana shopping mall, magic island. conveniently located along the bus & trolley line next to the db buildings. this is a leasehold unit with fee available (96.893%) to purchase at $143,640 from discovery bay condominium association. it owns 96.893% of the beneficial interest in the trust. unit is fully furnished with excellent rental income for investors. owner has entered into a sales contract to purchase the leased fee interest and this contract can be assigned to the buyer while in escrow with db association consent to the assignment. ~ marina hawaii vacations

Financial Information
 Property Taxes:  $186 per month [Tax Info]
 Lease Rent:  $450 per month
 Maintenance Fees:  $1167 per month
  Maintenance Fee pays for: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer
  Maint. Fee/Interior SF: $1.61/sf   Maint. Fee/Total SF: $1.37/sf

Leasehold Information
Fee Available - Fee Purchase Price: $143640
Monthly Lease Rent: $450 (mentioned above)
Renegotiation Date: 12/31/2029
Lease Year: 2039
Expires: 12/31/2039
Learn more about Leasehold Properties



Additional Information
Property Frontage: Other
Flooring: Ceramic Tile, Laminate
Unit Features: Bedroom on 1st Level, Corner/End, Even# Unit, Full Bath on 1st Floor, Single Level
Exclusions: Other
Furnished: Full
Disclosures: Listor Owner, Property Disclosure Statement  - Attribution Contact (808) 946-0716
Parking Features: 1 stall(s), Assigned Stall, Stalls Covered: - 1, Garage, Other, Secured Entry, Street Parking available

Rental Income: $4650


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




Neighborhood Information


HIcondos.com:
Our specialty is helping buyers find the right condo in Honolulu, Downtown to Diamond Head, and representing their best interests.

This is not our listing and we do not represent the sellers of this property.

>> Discovery Bay Center's AOAO Biennial Registration
The following data is available in the above AOAO Biennial Registration (provided by eHawaii.gov) link:
  • Owner Occupancy?: Check Section 6
  • Maintenance Fees?: Check Section 8
  • Special Assessments?: Check Section 9
  • Pets Permitted?: Check Section 12


  • Lender Statistics - Discovery Bay Center

    Owner Occpt %:   38%
    Condo Type:   Regular
    Management Co:   Bill Samaritano 941-3307
    Typical Loan Options and Down Payment Requirements:

    Standard Condo: 20% down

    Standard Condo/Non-US Buyer: 35% down

    The above active listing information is based on information from the Multiple Listing Service of the Hicentral MLS, Ltd. Active listings last updated on 3/13/2025. Information is deemed reliable but not guaranteed. The information has not been verified by HIcondos.com or it's associates and should be verified by the buyer. Copyright: 2025 by the Hicentral MLS, Ltd. more.