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
  • Listing provided courtesy ofJordon WY Wong, Marcus & Associates, Inc.
  • 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
School ratingDistance
5
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.335mi
8
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.457mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
High School
0.508mi
School ratingDistance
5
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.335mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.427mi
8
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.457mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.508mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.524mi
School ratingDistance
8
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.457mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.508mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.524mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.992mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.121mi
School ratingDistance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.508mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.524mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.735mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.992mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.121mi
Data provided by Greatschools.org
Neighborhood - Waikiki
  • Neighborhood average sales price*$519.53k
  • Neighborhood median sales price*$415.25k
  • Number or sales*602
  • Street median sales price*$303.25k
Price history
Date Event Price $/sqft Source
Dec 31, 2009 Sold $1,750,000 $236.07 Public Record
Jan 1, 2010 Expired $2,050,000 $276.54 MLS 2902491
Nov 4, 2009 In Escrow - still showing $2,050,000 $276.54 MLS 2902491
Oct 30, 2009 Back On Market $2,050,000 $276.54 MLS 2902491
Sep 21, 2009 In Escrow - still showing $2,050,000 $276.54 MLS 2902491
Sep 8, 2009 Price Decrease $2,050,000 -9.89% $276.54 MLS 2902491
May 5, 2009 Price Decrease $2,275,000 -6.19% $306.89 MLS 2902491
Mar 4, 2009 Back On Market $2,425,000 $327.13 MLS 2902491
Feb 20, 2009 Temporarily Withdrawn $2,425,000 $327.13 MLS 2902491
Feb 19, 2009 New Listing $2,425,000 $327.13 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
Stunning views
Ocean views
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