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1463 Lusitana St, Honolulu, HI, 96813
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1463 Lusitana St, Honolulu, HI 96813

$8,350,000 Multi-Family Home for sale 14,593 sqft Neighborhood:  Punchbowl-lower
6 min walk to Kamamalu Neighborhood Park
3 min drive to Ala Moana Beach
8 min drive to Oʻahu Country Club
4 min drive to Point Panic
4 min drive to Kewalos
About lifestyles
20-unit fully renovated CMU apartment building in the heart of Honolulu with 20 covered parking stalls! Property is 100% leased and provides excellent, stable cash flow with income/expenses stated being based on in-place leases and budgeted expenses for the year. Property underwent a full renovation in 2021-2022 which included roof re-coating, new fences/security gates as well as a roll-down parking gate. Interior luxury finishes were completed in each unit with new paint, flooring, cabinets, counters, light and plumbing fixtures. This is an extremely rare opportunity to acquire a large, stabilized apartment building in town!
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Multi-family details

1974 year built
  • Year Built 1974
  • Year Remodeled 2022
  • Original list price $8,350,000
  • Days on market 76
  • Building type Apartments
  • Price per sqft $572/sqft
  • Address

    1463 Lusitana St, Honolulu, HI, 96813

  • Frontage Other
  • Neighborhood Punchbowl-lower
  • Land tenure FS - Fee Simple
  • Land SqFt 11,697 sqft
  • View City

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$42,575
Taxes
$1,126
HOA dues
$0
$43,701 per month
Mortgage
Down payment
$1,670,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $42,575 / month

Neighborhood: Punchbowl-lower

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.83 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

20 total units
# of 1 Bd
2
# of 2 Bd
18
# of 3 Bd
0
Total Units
20

Amenities & Features

20 parking places
Stories
4-7
Furnished
Partial
Roof
Other
Construction
Above Ground, Hollow Tile
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Excellent
Parking
Assigned, Covered
nr.of parking places
20
Amenities
A/C

Income

Net Operating Income: $401,746
Total Actual Rent
$41,555
Total Annual Operating Expenses
$154,514
Total Income
$556,260
Net Operating Income
$401,746

Punchbowl-lower prices

Average price $1.69m
Neighborhood average sales price*
$1.69m
Neighborhood median sales price*
$902.5k
Number or sales*
30
Street median sales price*
$998k
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Elementary School
0.192mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Middle School
0.192mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
High School
0.192mi
School rating Distance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.192mi
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.224mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.243mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.422mi
NR
Soto Academy
1708 Nuuanu Avenue, Honolulu, HI 96817
0.514mi
School rating Distance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.192mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.192mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.243mi
4
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.249mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.422mi
School rating Distance
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.192mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.192mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.243mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.355mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.713mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Feb 12, 2024
Date Event Price $/sqft Source
Feb 12, 2024 New Listing $8,350,000 $572.19 MLS #202403457
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Tax & MLS details 1463 Lusitana St, Honolulu, HI, 96813

12 - A-2 Medium Density Apartme zoning / MLS #202403457
Current Property Taxes p/month
$1,126
Property Tax Year
2023
Assessed Improvement value
$1,785,500
Assessed Land value
$2,104,800
TMK
1-2-1-021-016-0000
Land Recorded
Dual Systems
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Inside
Lot Description
Other
Property Setbacks
C&C
Total Assessed value
$3,890,300
Listed by
Standard Management LLC
(808) 208-8107
MLS #
202403457
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Recently sold nearby 1463 Lusitana St in Punchbowl-lower

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Frequently asked questions for 1463 Lusitana St

When was this multi-family home built and last sold?

This house was build in 1974.

What is the full address of this multi-family home?

1463 Lusitana St, Honolulu, HI, 96813.

Are there beaches near 1463 Lusitana St?

The nearest beach is 1.345 miles away, called Ala Moana Beach. It should take about 3 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on February 12, 2024.
Hawaii House Last checked less than a minute ago.

Multi-Family Home for sale $8,350,000 1463 Lusitana St, Honolulu, HI, 96813 14,593 sqft Save House Remove from Saved