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1254 Lunalilo St Honolulu, HI, 96822

Neighborhood: Makiki Area

$5,000,000 Multi-Family for sale

Do you desire to expand your growing investment portfolio with a centrally-located multiunit property? Check out the possibilities of 1254 Lunalilo Street! Tucked away in an extremely convenient area is this 15-unit concrete multiunit building featuring a desirable 1:1 parking ratio, separate electric meters, and a secured laundry area with two washers, two dryers, and a utility sink. Boasting 12-one bedroom units and 3-two bedroom units, the property allows for maximum resident comfort. Each unit features an open layout, neutral interior paint, a spacious living/dining area, storage closets, and a fully-equipped kitchen with a gas stove, pantry, and ample cabinets. Bedrooms are well-sized with generous closet space, while each full bathroom includes a shower/tub combo, medicine cabinet, and a storage vanity. Outdoor relaxation is a breeze with all units featuring a cozy balcony. Tenants will enjoy easy access to transportation, shopping, restaurants, entertainment, and Makiki Park. NOI is actual. Please contact Listor with additional questions. Interior showings will be subjected to accepted offer. Please submit offers using the Commercial PSA. DO NOT DISTURB tenants.
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Property details

1969 year built
View
City
Days on Verhouse
54
Address
1254 Lunalilo St, Honolulu, HI, 96822
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments
Year Built
1969
Land tenure
FS - Fee Simple
Neighborhood
Makiki Area
District
Honolulu
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

15 parking places
Stories
4-7
Furnished
Partial
Roof
Other
Utilities
Cable, Gas, Internet, Public Water, Telephone, Underground Electricity, Water
Property Condition
Above Average
nr.of parking places
15
Garage & Parking
Assigned
Amenities
Resident Manager

Listed by

Derek C Lau, Real Estate Specialists
(808) 791-3709
Name
Derek C Lau
License number
RB-19796
Brokerage company
Real Estate Specialists
(808) 791-3709
MLS #
202404884

Payment calculator

Calculate your monthly payments
Mortgage
$15,352
Taxes
$598
HOA dues
$0
$15,950 per month
Mortgage
$1,000,000 / 20%
2.28%
30 years
Your amount $15,352 / month

Exterior Features

Concrete, Hollow Tile construction and more
Construction
Concrete, Hollow Tile

Lot details

TMK #1240200170000
Lot Description
Clear
Parcel nr.
1240200170000

Makiki Area neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Makiki Area

31%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 44 years
More info

Commute types

65% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

49% have 1 vehicle
More info

Vehicles by gender

49% have 1 vehicle
More info

Housing market insights for

$730.94k
Neighborhood average
sales price*
$522.18k
Neighborhood median
sales price*
1239
Number
of sales*

Housing type

61% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are renters
More info
13.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Unit Information

# of 1 Bd
12
# of 3 Bd
3

Income

Total Actual Rent
$16,150

Schools

15 schools with rating up to 6
School rating Distance
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
Elementary School
0.214mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Middle School
0.264mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.233mi
School rating Distance
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.214mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.264mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.412mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.469mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.472mi
School rating Distance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.264mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.472mi
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.495mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.541mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.582mi
School rating Distance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.233mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.472mi
5
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.539mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.541mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.575mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Mar 6, 2024

Makiki Area Median sales price 2024

Bedrooms Med. price % of listings
Not specified $247.5k 9.09%
1 bed $305.1k 27.27%
2 beds $422.5k 54.55%
3 beds $1.7m 6.82%
4 beds $1.25m 2.27%
Date Event Price $/sqft Source
Mar 6, 2024 New Listing $5,000,000 0 MLS #202404884
Aug 22, 2023 Rented $1,400 2.64 MLS #202319250
Aug 12, 2023 New Listing $1,400 +3.7% 2.64 MLS #202319250
Jun 21, 2023 Rented $1,350 2.54 MLS #202313783
Jun 14, 2023 New Listing $1,350 2.54 MLS #202313783

Taxes of 1254 Lunalilo St, Honolulu, HI, 96822

12 - A-2 Medium Density Apartme zoning / MLS #202404884
Current Property Taxes p/month
$598
Assessed Improvement value
$800,400
Assessed Land value
$1,246,900
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Total Assessed value
$2,047,300

Tax History

Year Taxes Source
2023 $7,176 MLS #202404884
0 n/a MLS #202313783
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 1254 Lunalilo St, Honolulu, HI, 96822

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Frequently Asked Questions about 1254 Lunalilo St

Which year was this multi-family built?

This multi-family was build in 1969.

What is the full address of this Multi-Family?

1254 Lunalilo St, Honolulu, HI, 96822.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Real Estate Specialists.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Mar 06, 2024
Verhouse Last checked 4 minutes ago


The closest grocery stores are Times Supermarket, 0.13 miles away and Safeway, 0.15 miles away.
The Makiki Area neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.86 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Multi-Family For sale $5m 1254 Lunalilo St, Honolulu, HI, 96822 Save House Remove from Saved