Register (optional)
Forgot Password
MLS: 202421815 (Active - For Sale)
 
Asking Price: $8,000,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1463 Lusitana Street, Honolulu, HI
Neighborhood: Punchbowl-lower
Land Area: 11,697 SF
View: City
Parking: Assigned,Covered
Amenities: A/C
Days on Market: 191
(The Price of the property was lowered by $350,000 on 03/09/2025)
Year Built: 1974
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Dual Systems
Property Taxes: $1,135
Assessed Value: $3,888,400
Assessed Ratio: 205.74%
Listing Courtesy: Standard Management LLC
Google Map   County Records
 
Add to Watch List
Print Version
Request Info
 
All Multi-Family Homes For Sale in Punchbowl-lower


20-UNIT RENOVATED APARTMENT BUILDING FOR SALE! 20-unit, renovated CMU apartment building with 20 covered and secured parking stalls, just outside downtown Honolulu. The property is 100% occupied and provides high, stable cash flow due to upgraded units, a secured building, and a convenient location. Fantastic unit mix of (18) 2-bedroom units with lanais and (2) 1-bedroom units, each with a private, secured entrance and front lanai. The entire property is fenced and gated, with keyed security doors and a roll-up gate on the parking garage. Landlord-owned, coin-operated laundry and a leased roof antenna for additional income. In addition to exterior renovations, including landscaping and a roof re-coating, unit interiors were upgraded with luxury finishes, including new paint, LVT flooring, cabinets, counters, appliances, and light and plumbing fixtures. This is an extremely rare opportunity to acquire a large, renovated, and stable building in town. Proforma 4.77% cap!


1 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath02/12/202409/18/2024$2,995,000$2,900,000
Average Price:  $2,900,000

 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by other REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.
Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
SEARCH
OAHU REAL ESTATE
Pool

Foreclosures   Short Sales
Bedrooms:
Price:
View:
Frontage:


(Try our Detailed Oahu MLS Search)
CALCULATE MORTGAGE