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.
Property Details
Property Features
Property Information:
Year Built: 1969
Listing Office:
Office Name: Real Estate Specialists
Office Phone: (808) 791-3709
Agent Phone: (808) 791-3709
Interior Features
Interior Information:
Appliances: Dryer, Washer
Exterior Features
Exterior Information:
View: City
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot: Cleared, Level
Price Information
Listing Price Info
Price Summary:
List Price: $5,000,000
Tax Information:
Annual Amount: $7,212
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Honolulu, HI.
This property is $4.3M more than the Median Sold Price in Honolulu, HI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HICMLS
MLS Number: #202404884
Listing Office:
Office Name: Real Estate Specialists
Office Phone: (808) 791-3709
Agent Phone: (808) 791-3709
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.
Some of the 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,212
$2,060,700
2020
$7,616
$2,176,100
2019
$6,774
$2,193,800
2018
$6,774
$1,935,500
2017
$6,480
$1,851,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$25K
Per Month
Principal & Interest
$24.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$15K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Queen Kaahumanu Elementary School
1141 Kinau St
Distance between this listing and this school0.20 miles
Public District Grades PK-5
8
/10
President Abraham Lincoln Elementary School
615 Auwaiolimu St
Distance between this listing and this school0.66 miles
Public District Grades PK-5
4
/10
King William Lunalilo Elementary School
810 Pumehana St
Distance between this listing and this school0.91 miles
Public District Grades PK-5
Nearby Schools
6
/10
Robert Louis Stevenson Middle School
1202 Prospect St
Distance between this listing and this school0.50 miles
Public District Grades 6-8
8
/10
President George Washington Middle School
1633 S King St
Distance between this listing and this school0.59 miles
Public District Grades 6-8
6
/10
Central Middle School
1302 Queen Emma St
Distance between this listing and this school1.17 miles
Public District Grades 6-8
Nearby Schools
7
/10
President Theodore Roosevelt High School
1120 Nehoa St
Distance between this listing and this school0.55 miles
Public District Grades 9-12
3
/10
President William Mckinley High School
1039 S King St
Distance between this listing and this school0.56 miles
Public District Grades 9-12
4
/10
Halau Ku Mana - a New Century Public Charter School
2101 Makiki Heights Dr
Distance between this listing and this school0.98 miles
The neighbors living near this home have an average income of $41,033. Typical income of Honolulu, HI residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1254 Lunalilo St in Honolulu, HI and zip code 96822 in the Makiki / Lower Punchbowl / Tantalu neighborhood. This home was built in 1969. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $5,000,000.
Over 41 listings were sold over their listed price in October 2024 in Honolulu, HI. In the same period over 174 listings were sold below the listed price and 63 listings were sold for the listed price. The number of homes for sale in Honolulu, HI increased by 7.7% between September 2024 and October 2024. In October 2024 median list price was $688,705 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.
Pro Boxing
Pro Boxing
Art Museums
Major League Soccer (MLS)
IKEA
Bloomingdales
Banana Republic
Quiznos
Starbucks
Jack In The Box
Lexus
Audi
Toyota
Soft Adult Contemporary
News
Jazz