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1445 Lusitana St Honolulu - Multi-family - photo 1 of 1 1445 Lusitana St Honolulu - Multi-family - photo 1 of 1
SOLD 02/12/10
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1445 Lusitana St, Honolulu, HI 96813

Multi-Family · Sold · 4 · Sold 02/12/2010 $1,180,000 $1,200,000

A total of four buildings, great cash flow with potential for upside. Total return of 8.2% on current Income and expenses! The front building consists of three units and was renovated recently. The back buildings consists of six units. Said property is individually metered for electric. In addition , each unit has its own 50 gallon water heater. Contingency sale, seller accepting backup offers.
Details
  • Original list price$1,350,000
  • Days on market184
  • Building typeMulti Dwellings
  • Price per sqft$295,000/sqft
  • Address

    1445 Lusitana St, Honolulu, HI, 96813

  • Year Built1960
  • NeighborhoodPunchbowl-lower
  • Land tenureFS - Fee Simple
  • Land SqFt7787 sqft
  • ViewMountain
Unit Information
  • # of 1 Bd4
  • # of 2 Bd4
  • # of 3 Bd1
  • Total Units9
Amenities & Features
  • StoriesTwo
  • FurnishedNone
  • RoofAsphalt Shingle
  • ConstructionOther
  • Property ConditionAverage
  • ParkingCovered
  • nr.of parking places9
  • AmenitiesA/C
Income
  • Total Actual Rent$118,900
  • Total Annual Operating Expenses$21,466
  • Total Income$119,700
  • Net Operating Income$98,234
Schools Nearby
-
Neighborhood - Punchbowl-lower
  • Neighborhood average sales price*$289.43k
  • Neighborhood median sales price*$300k
  • Number or sales*21
  • Street median sales price*$292k
Price history
Date Event Price $/sqft Source
2010-02-12 Sold $1,180,000 $295,000.00 Public Record
2009-10-05 In Escrow - still showing $1,200,000 $300,000.00 MLS 2911079
2009-09-15 Price Decrease $1,200,000 -90% $300,000.00 MLS 2911079
2009-09-15 Price Increase $12,000,000 +788.89% $3,000,000.00 MLS 2911079
2009-09-15 Back On Market $1,200,000 $300,000.00 MLS 2911079
2009-09-08 In Escrow - still showing $1,200,000 $300,000.00 MLS 2911079
2009-08-18 New Listing $1,200,000 $300,000.00 MLS 2911079
2009-01-01 Expired $1,675,000 $418,750.00 MLS 2805179
2008-04-23 Price Decrease $1,675,000 -4.29% $418,750.00 MLS 2805179
2008-03-27 New Listing $1,750,000 $437,500.00 MLS 2805179
Taxes
  • Current Property Taxes p/month$5,636
  • Property Tax Year2008
  • Assessed Improvement value$385,500
  • Assessed Land value$1,045,500
  • MLS #2911079
  • TMK1-2-1-021-015-0000
  • Land RecordedLand Court
  • Zoning12 - A-2 M
  • TopographyLevel
  • LocationCorner
  • Lot DescriptionClear
  • Property SetbacksOf Record
  • Total Assessed value$1,431,000
Agent viewpoints   of 1445 Lusitana St, Honolulu, HI, 96813
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise

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Hawaii House
Multi-Family Sold $1,180,000 $1,200,000 1445 Lusitana St, Honolulu, HI, 96813 4 Remove from Saved Save House