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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
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Elementary School
0.16mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Middle School
0.16mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
High School
0.16mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.16mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.226mi
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.263mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.461mi
NR
Soto Academy
1708 Nuuanu Avenue, Honolulu, HI 96817
0.547mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.16mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.16mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.226mi
2
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.248mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.461mi
School ratingDistance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.16mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.16mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.226mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.394mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.705mi
Data provided by Greatschools.org
Neighborhood - Punchbowl-lower
  • Neighborhood average sales price*$453.69k
  • Neighborhood median sales price*$308k
  • Number or sales*24
  • Street median sales price*$1.48m
Price history
Date Event Price $/sqft Source
Feb 12, 2010 Sold $1,180,000 $295,000.00 Public Record
Oct 5, 2009 In Escrow - still showing $1,200,000 $300,000.00 MLS 2911079
Sep 15, 2009 Price Decrease $1,200,000 -90% $300,000.00 MLS 2911079
Sep 15, 2009 Price Increase $12,000,000 +788.89% $3,000,000.00 MLS 2911079
Sep 15, 2009 Back On Market $1,350,000 $337,500.00 MLS 2911079
Sep 8, 2009 In Escrow - still showing $1,350,000 $337,500.00 MLS 2911079
Aug 18, 2009 New Listing $1,350,000 $337,500.00 MLS 2911079
Jan 1, 2009 Expired $1,675,000 $418,750.00 MLS 2805179
Apr 23, 2008 Price Decrease $1,675,000 -4.29% $418,750.00 MLS 2805179
Mar 27, 2008 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