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
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 Nearby
-
Neighborhood - Punchbowl-lower
  • Neighborhood average sales price*$303.61k
  • Neighborhood median sales price*$295.75k
  • Number or sales*32
  • Street median sales price*$295.75k
Price history
Date Event Price $/sqft Source
2016-05-31 Sold $1,680,000 $352.79 Public Record
2016-04-06 In Escrow - not showing $1,780,000 $373.79 MLS 201603584
2016-04-06 In Escrow - still showing $1,780,000 $373.79 MLS 201603584
2016-03-11 Price Decrease $1,780,000 -5.76% $373.79 MLS 201603584
2016-02-17 New Listing $1,888,888 $396.66 MLS 201603584
2015-03-01 Expired $1,888,890 $396.66 MLS 201417663
2014-09-05 New Listing $1,888,890 $396.66 MLS 201417663
2013-07-06 Expired $1,388,000 $291.47 MLS 1213115
2013-05-07 Temporarily Withdrawn $1,388,000 $291.47 MLS 1213115
2012-12-04 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
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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