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1463 Lusitana St, Honolulu, HI 96813
6 min walk to Kamamalu Neighborhood Park
3 min drive to Ala Moana Beach
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 2002
- Original list price $8,350,000
- Days on market 84
- 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
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Monthly payment
Calculate your monthly payments
Mortgage
$42,575
Taxes
$1,135
HOA dues
$0
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
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
17.83 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
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
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 $621.84k
Neighborhood average sales price*
$621.84k
Neighborhood median sales price*
$640k
Number or sales*
19
Street median sales price*
$565k
Median sale price Kekuilani Villas*
$565k
*last 6 months
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Elementary School
|
0.192mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Middle School
|
0.192mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
High School
|
0.192mi |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.192mi | |
| out of 10 |
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
|
0.224mi |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.243mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.422mi | |
|
Soto Academy
1708 Nuuanu Avenue,
Honolulu, HI 96817
|
0.514mi |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.192mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.192mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.243mi | |
| out of 10 |
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.249mi |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.422mi |
| School rating | Distance | |
|---|---|---|
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.192mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.192mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.243mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.355mi | |
|
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 Sep 25, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Sep 25, 2024 | New Listing | $8,350,000 | $572.19 | MLS #202421815 |
| May 29, 2024 | Cancelled | $8,350,000 | $572.19 | MLS #202403457 |
| Feb 12, 2024 | New Listing | $8,350,000 | $572.19 | MLS #202403457 |
Tax & MLS details 1463 Lusitana St, Honolulu, HI, 96813
12 - A-2 Medium Density Apartme zoning / MLS #202421815
Current Property Taxes p/month
$1,135
Property Tax Year
2024
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
(808) 208-8107
MLS #
202421815
Hawaii House tour report for this multi-family home
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Stunning views
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Open floorplan
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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 September 25, 2024.
Hawaii House Last checked less than a minute ago.
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