Hawaii House
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1402 Lusitana St, Honolulu, HI 96813

Multi-Family · For sale · 3767 sqft · $1,599,500

Over 5.5% CAP possible !!! Great location near Downtown. The 2 residential units ( 3 bed 2 bath & 2 bed 1 bath) upstairs all totally remodeled in 2006 with 9 ft high ceilings, new cabinets, flooring and baths in great condition. Owner lives in one of the units. Commercial spaces includes established Liquor Store with potential to extend lease with increased rents or run it yourself for extra profits !!! Additional 2 other spaces are rented for $3500/ month. Great opportunity to increase rents to market prices. Will sell fast. Will present all offers first come first serve
Details
  • Original list price$1,599,500
  • Days on market3
  • Building typeMulti Dwellings,Other
  • Price per sqft$425/sqft
  • Address

    1402 Lusitana St, Honolulu, HI, 96813

  • Year Built1918
  • NeighborhoodPunchbowl-lower
  • Land tenureFS - Fee Simple
  • Land SqFt3169 sqft
  • ViewCity
Unit Information
  • # of 1 Bd0
  • # of 2 Bd1
  • # of 3 Bd1
  • Total Units5
Amenities & Features
  • StoriesTwo
  • RoofOther
  • ConstructionOther
  • UtilitiesCable, Gas, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity
  • Property ConditionAbove Average, Average
  • ParkingCovered
  • nr.of parking places2
  • AmenitiesNone
Income
  • Total Actual Rent$10,620
  • Total Annual Operating Expenses
  • Total Income
  • Net Operating Income
Schools Nearby
  • Royal Elementary School1519 Queen Emma St, Honolulu, HI 96813
  • Central Middle School1302 Queen Emma St, Honolulu, HI 96813
  • President William McKinley High School1039 S King St, Honolulu, HI 96814
Neighborhood - Punchbowl-lower
  • Neighborhood average sales price*$379.2k
  • Neighborhood median sales price*$278.5k
  • Number or sales*36
  • Street median sales price*$292k
Price history
Date Event Price $/sqft Source
2018-01-18 New Listing $1,599,500 $424.61 MLS 201801225
2017-12-12 Expired $1,600,000 $424.74 MLS 201714245
2017-08-17 Price Decrease $1,600,000 -5.88% $424.74 MLS 201714245
2017-06-28 New Listing $1,700,000 $451.29 MLS 201714245
2015-04-16 Withdrawn $1,620,000 $430.05 MLS 201416944
2014-11-13 Price Decrease $1,620,000 -4.14% $430.05 MLS 201416944
2014-08-20 New Listing $1,690,000 $448.63 MLS 201416944
2014-08-02 Expired $1,690,000 $448.63 MLS 201401682
2014-02-05 New Listing $1,690,000 $448.63 MLS 201401682
2013-12-18 Withdrawn $1,590,000 $422.09 MLS 201330879
2013-09-11 Price Decrease $1,590,000 -5.92% $422.09 MLS 201330879
2013-08-08 New Listing $1,690,000 $448.63 MLS 201330879
2013-07-30 Withdrawn $2,000,000 $530.93 MLS 1213730
2012-12-28 New Listing $2,000,000 $530.93 MLS 1213730
Taxes
  • Current Property Taxes p/month$988
  • Property Tax Year2018
  • Assessed Improvement value$317,500
  • Assessed Land value$839,800
  • MLS #201801225
  • TMK1-2-1-022-018-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • TopographyLevel,Other
  • Lot DescriptionOther
  • Property SetbacksOf Record
  • Total Assessed value$1,157,300
Agent viewpoints   of 1402 Lusitana St, Honolulu, HI, 96813
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family For sale $1,599,500 1402 Lusitana St, Honolulu, HI, 96813 3767 sqft Remove from Saved Save House