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1463 Lusitana St Honolulu, HI, 96813
Neighborhood: Punchbowl-lower$8,350,000 Multi-Family for sale 14,593 sqft
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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Property details
1974 year built
View
City
Price per sqft
$572/sqft
Days on Verhouse
75
Address
1463 Lusitana St, Honolulu, HI, 96813
City of Hawaii
Honolulu
Island
Oahu
Building type
Apartments
Year Built
1974
Frontage
Other
Land tenure
FS - Fee Simple
Neighborhood
Punchbowl-lower
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
20 parking places
Stories
4-7
Furnished
Partial
Roof
Other
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Excellent
nr.of parking places
20
Garage & Parking
Assigned, Covered
Amenities
A/C
Listed by
Michael M Okamoto, Standard Management LLC
(808) 208-8107
(808) 208-8107
Name
Michael M Okamoto
License number
RB-22000
Brokerage company
Standard Management LLC
(808) 208-8107
(808) 208-8107
MLS #
202403457
Payment calculator
Calculate your monthly payments
Mortgage
$25,637
Taxes
$1,126
HOA dues
$0
Mortgage
$1,670,000 / 20%
2.28%
30 years
Your amount
$25,637 / month
Exterior Features
Above Ground, Hollow Tile construction and more
Construction
Above Ground, Hollow Tile
Lot details
TMK #1210210160000
Lot Description
Other
Parcel nr.
1210210160000
Punchbowl-lower 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 Punchbowl-lower
31%
Families with children
National average: 39%
30%
Non family households
416,417
Population
$128,695
Average Income
Age & gender
Median age 44 years
More info
Commute types
65% commute by car
More info
Education level
25% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$733.72k
Neighborhood average
sales price*
sales price*
$516.24k
Neighborhood median
sales price*
sales price*
1078
Number
of sales*
of sales*
Housing type
60% are apartments
More info
Rooms
38% of the houses have 2 or 3 rooms
More info
Bedrooms
47% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are renters
More info
17.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Unit Information
# of 1 Bd
2
# of 3 Bd
18
Income
Total Actual Rent
$41,555
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Elementary School |
0.189mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Middle School |
0.189mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
High School |
0.189mi | |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.189mi | |
| out of 10 |
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
|
0.226mi |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.24mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.423mi | |
|
Soto Academy
1708 Nuuanu Avenue,
Honolulu, HI 96817
|
0.513mi | |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.189mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.189mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.24mi | |
| out of 10 |
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.246mi |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.423mi | |
| School rating | Distance | |
|---|---|---|
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.189mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.189mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.24mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.356mi | |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.716mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Feb 12, 2024
Punchbowl-lower Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $245k | 30% |
| 1 bed | $350k | 30% |
| 2 beds | $405.25k | 40% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 12, 2024 | New Listing | $8,350,000 | 572.19 | MLS #202403457 |
Taxes of 1463 Lusitana St, Honolulu, HI, 96813
12 - A-2 Medium Density Apartme zoning / MLS #202403457
Current Property Taxes p/month
$1,126
Assessed Improvement value
$1,785,500
Assessed Land value
$2,104,800
Land Recorded
Dual Systems
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Inside
Total Assessed value
$3,890,300
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2023 | $13,518 | MLS #202403457 |
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 1463 Lusitana St, Honolulu, HI, 96813
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Frequently Asked Questions about 1463 Lusitana St
Which year was this multi-family built?
This multi-family was build in 1974.
What is the full address of this Multi-Family?
1463 Lusitana St, Honolulu, HI, 96813.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC.
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: Feb 12, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Safeway, 0.36 miles away and ‘Umeke Market & Deli, 0.49 miles away.
The Punchbowl-Lower neighborhood has a population of 416,417, and 31% of the families have children. The median age is 44.47 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
