Hawaii House
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2437 Tusitala St, Honolulu, HI 96815

Multi-Family · Sold · 7413 sqft · Sold 12/31/2009 $1,750,000 $2,050,000

Original owner, 1st time on the market. Very well maintained 4-story, concrete walk-up. Fully furnished 11 units with 5 one bedroom/one bath and 6 two bedroom/2 bath and 11 partially covered parking stalls. All units gutted and fully remodeled in 2005 including all plumbing and electrical. Separately metered with shared washer/dryer. 2008 adjusted NOI $122,251 (5.04%/cap)
Details
  • Original list price$2,425,000
  • Days on market315
  • Building typeApartments
  • Price per sqft$236/sqft
  • Address

    2437 Tusitala St, Honolulu, HI, 96815

  • Year Built1970
  • NeighborhoodWaikiki
  • Land tenureFS - Fee Simple
  • Land SqFt4900 sqft
  • ViewNone
  • Virtual TourView (external link)
Unit Information
  • # of 1 Bd5
  • # of 2 Bd6
  • # of 3 Bd0
  • Total Units11
Amenities & Features
  • Stories4-7
  • FurnishedPartial
  • RoofPitch & Gravel
  • ConstructionConcrete, Hollow Tile
  • Property ConditionAbove Average
  • ParkingAssigned, Covered
  • nr.of parking places11
  • AmenitiesA/C, Trash Chute
Income
  • Total Actual Rent$163,164
  • Total Annual Operating Expenses$44,788
  • Total Income$167,039
  • Net Operating Income$122,251
Schools Nearby
-
Neighborhood - Waikiki
  • Neighborhood average sales price*$486.27k
  • Neighborhood median sales price*$390k
  • Number or sales*604
  • Street median sales price*$280k
Price history
Date Event Price $/sqft Source
2009-12-31 Sold $1,750,000 $236.07 Public Record
2010-01-01 Expired $2,050,000 $276.54 MLS 2902491
2009-11-04 In Escrow - still showing $2,050,000 $276.54 MLS 2902491
2009-10-30 Back On Market $2,050,000 $276.54 MLS 2902491
2009-09-21 In Escrow - still showing $2,050,000 $276.54 MLS 2902491
2009-09-08 Price Decrease $2,050,000 -9.89% $276.54 MLS 2902491
2009-05-05 Price Decrease $2,275,000 -6.19% $306.89 MLS 2902491
2009-03-04 Back On Market $2,050,000 $276.54 MLS 2902491
2009-02-20 Temporarily Withdrawn $2,050,000 $276.54 MLS 2902491
2009-02-19 New Listing $2,050,000 $276.54 MLS 2902491
Taxes
  • Current Property Taxes p/month$6,046
  • Property Tax Year2008
  • Assessed Improvement value$706,200
  • Assessed Land value$1,261,300
  • MLS #2902491
  • TMK1-2-6-024-061-0000
  • Land RecordedLand Court
  • ZoningX2 - Apart
  • TopographyLevel
  • Lot DescriptionClear
  • Property SetbacksOf Record
  • Total Assessed value$1,967,500
Agent viewpoints   of 2437 Tusitala St, Honolulu, HI, 96815
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Open floorplan
Needs Work
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Hawaii House
Multi-Family Sold $1,750,000 $2,050,000 2437 Tusitala St, Honolulu, HI, 96815 7413 sqft Remove from Saved Save House