Nicely remodeled studio apartment with recently updated bathroom, flooring, new washer/dryer. Assigned parking 7-133. Discovery Bay is located on the west end of Waikiki, a 5 minute walk to Ala Moana Shopping Center and Magic Island. Across the street from the white sandy beaches of the famous Duke Kahamamoku Beach. Amenities: Security, BBQ's, heated pool, sauna, gym, large jacuzzi & basketball. At this time, Discovery Bay requires a 30 minimum monthly lease. It is important to note that it is currently illegal to rent for less 30 days at Discovery Bay. Seller's have already purchased the 96.893% fee for this unit. Your purchase will qualify for a fee simple loan if needed. 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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Storage
- Furnished Description: Furnished
- Flooring: Carpet, Laminate
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: Assigned, Covered, One Space
- Parking Total: 1
Home Features
- View: City, Mountain(s)
- Security Features: Closed Circuit Camera(s), Key Card Entry, Security Guard
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Common Areas, Cable TV, HVAC, Hot Water, Internet, Sewer, Water
- Maintenance Expense: 636
- Pets Allowed: Call
Rental Info
- Lease Amount: 7.71
- Lease Expiration: 2039-12-31
Amenities and Community Features
- Community Features: Barbecue, Conference/Meeting Room, Deck/Porch, Dog Park, Fitness, Patio, Pool, Recreation Area, Restaurant, Sauna, Storage Facilities, Trash Chute
Other Property Info
- Annual Tax Amount: 2028.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Central, Cable TV, Dishwasher, Disposal, Drapes, Dryer, Kitchenware, Linens, Microwave, Washer
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: WAIKIKI
- Parcel Number: 1-2-6-012-010-0115
- Postal City: Honolulu
- Subdivision: WAIKIKI
- Zoning Description: X2 - Apartment Precinct
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 465
- Year Built: 1977
- Building Area Total: 465
- Building Name: Discovery Bay
- Construction Materials: Concrete, Steel Frame
- Entry Level: 20
- Levels: One
- Property Age: 48
- Property Condition: Excellent, Updated/Remodeled
- House Style: High Rise
- Total Area Sqft: 465
- Year Built Effective: 2012
- Architectural Style: High Rise
