Hawaii House
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1452 Lusitana St, Honolulu, HI 96813

Multi-Family · Sold · 4762 sqft · Sold 05/31/2016 $1,680,000 $1,780,000

Desirable 8 unit hollow tile apartment building with walkability to downtown and Queen's Hospital, super accessible to all freeway directions, 100% leased in a neighborhood with lots of well-maintained condos. Each unit is individually metered and tenants pay all WATER/SEWER AND ELECTRIC, resulting in lower than usual expenses. Each tenant also has its own laundry, but opportunity to add coin op for more income. Please use Jill Kauka, First American Title, Kapiolani. To be sold AS IS--seller will not repair/credit. Buyer to accept existing survey; Seller shall pay for lender-required update.
Details
  • Original list price$1,888,888
  • Days on market105
  • Building typeApartments,Multi Dwellings
  • Price per sqft$353/sqft
  • Address

    1452 Lusitana St, Honolulu, HI, 96813

  • Year Built1960
  • NeighborhoodPunchbowl-lower
  • Land tenureFS - Fee Simple
  • Land SqFt5004 sqft
  • ViewNone
  • Listing provided courtesy ofChristina L Dwight, Commercial Inv. Strategies
Unit Information
  • # of 1 Bd4
  • # of 2 Bd4
  • # of 3 Bd0
  • Total Units8
Amenities & Features
  • StoriesTwo
  • RoofPitch & Gravel
  • ConstructionHollow Tile
  • UtilitiesCable, Internet, Overhead Electricity, Sewer Fee, Telephone, Water
  • Property ConditionAverage
  • ParkingAssigned
  • nr.of parking places5
  • AmenitiesNone
Income
  • Total Actual Rent$112,500
  • Total Annual Operating Expenses$10,105
  • Total Income$112,500
  • Net Operating Income$102,395
Schools
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Elementary School
0.157mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Middle School
0.157mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
High School
0.157mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.157mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.209mi
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.254mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.441mi
NR
Soto Academy
1708 Nuuanu Avenue, Honolulu, HI 96817
0.522mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.157mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.157mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.209mi
2
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.222mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.441mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.157mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.157mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.209mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.375mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.732mi
Data provided by Greatschools.org
Neighborhood - Punchbowl-lower
  • Neighborhood average sales price*$457.65k
  • Neighborhood median sales price*$330k
  • Number or sales*22
  • Street median sales price*$882.5k
Price history
Date Event Price $/sqft Source
May 31, 2016 Sold $1,680,000 $352.79 Public Record
Apr 6, 2016 In Escrow - not showing $1,780,000 $373.79 MLS 201603584
Apr 6, 2016 In Escrow - still showing $1,780,000 $373.79 MLS 201603584
Mar 11, 2016 Price Decrease $1,780,000 -5.76% $373.79 MLS 201603584
Feb 17, 2016 New Listing $1,888,888 $396.66 MLS 201603584
Mar 1, 2015 Expired $1,888,888 $396.66 MLS 201417663
Sep 5, 2014 New Listing $1,888,888 $396.66 MLS 201417663
Jul 6, 2013 Expired $1,388,000 $291.47 MLS 1213115
May 7, 2013 Temporarily Withdrawn $1,388,000 $291.47 MLS 1213115
Dec 4, 2012 New Listing $1,388,000 $291.47 MLS 1213115
Taxes
  • Current Property Taxes p/month$292
  • Property Tax Year2015
  • Assessed Improvement value$327,100
  • Assessed Land value$675,400
  • MLS #201603584
  • TMK1-2-1-022-002-0000
  • Land RecordedRegular System
  • Zoning12 - A-2 M
  • TopographyGentle Slope
  • Lot DescriptionClear
  • Property SetbacksNone
  • Total Assessed value$1,002,500
Agent viewpoints   of 1452 Lusitana St, Honolulu, HI, 96813
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,680,000 $1,780,000 1452 Lusitana St, Honolulu, HI, 96813 4762 sqft Remove from Saved Save House