Discovery Bay – Waikiki

1778 Ala Moana Boulevard #3908

  • Condominium
  • MLS202401720
  • Asking $350K Leasehold

Keep Calm & Collect Rent

This high floor, spacious 1-bedroom unit has been updated and well maintained offering you a turn-key experience to enjoy the iconic lifestyle at Discovery Bay in Waikiki. Offered fully furnished, you can simply bring your suitcase, move right in and enjoy Hawaii living on your terms. Currently tenant occupied, this would also make a wonderful investment property as you could earn income from day 1.

Discovery Bay has been making headlines as the AOAO acquires the Fee Interest and now owns nearly 97% of it. Starting in 2024, you can purchase the majority interest Fee Simple and reduce your monthly expenses. Although this is currently a leasehold building, Discovery Bay Homeowners Association recently purchased additional leasehold interest that will make this a 96.893% fee simple unit. Fee interest to this unit can be acquired and conveyed in early 2024. This is a qualified fee simple building, meaning it will be 100% fee simple in the future.

Bedrooms

Bathrooms

Parking

Sq Ft Interior

Monthly AOAO Fee [US$]

2023 Taxes/Month [$US]

Year Built

What is it?

Central Waikiki

Central Waikiki is the beating heart of Honolulu’s tourism. Its terrain is flat (it’s man-made) and its walk/bike scores are high. With ride-sharing and Biki® at your fingertips, there is virtually no need to own a car. Fort DeRussy Beach and the best Friday night fireworks viewing is less than 1/2 mile directly in front of you. That’s what? A 8-12 minute walk for a typical chihuahua? When you hear about the easiest access to everything Honolulu including over $500M in world-class beaches, shopping, dining, and nightly entertainment…you’re hearing about Waikiki.

Surf Score: 98/100 with many breaks including: Sandbar, Canoes, Paradise, Pops, Queens, Cunhas and Walls.

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In Review
Are you curious how everyone felt after this purchase & sale?
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Sellers

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Ms Orother

Buyer

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Carl Smigielski

Co-listing Broker, Portfolio of KWH RB-21303

“There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration by injected humour.”
Kimo Smigielski

Listing Broker, Sandwich Isles Realty RB-15238

Contact Kimo

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5000 Kahala Ave, Honolulu, HI 96816
+1 (808) 255-2400

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