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!
Property Details
Property Features
Property Information:
Year Built: 1974
Listing Office:
Office Name: Standard Management LLC
Office Phone: (808) 208-8107
Agent Phone: (808) 208-8107
Exterior Features
Exterior Information:
Waterfront: Other
View: City
Parking Information:
Parking: Assigned, Covered
Lot Features
Lot Information:
Lot: Interior Lot, Other, Level
Price Information
Listing Price Info
Price Summary:
List Price: $8,350,000
Tax Information:
Annual Amount: $10,336
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Honolulu, HI.
This property is $7.6M 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: #202421815
Listing Office:
Office Name: Standard Management LLC
Office Phone: (808) 208-8107
Agent Phone: (808) 208-8107
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: 11/19/2024, 9:20:54 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
$10,336
$2,953,100
2020
$10,609
$3,031,400
2019
$9,219
$2,788,200
2018
$9,220
$2,634,200
2017
$8,653
$2,472,400
History based on county public records data.
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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
Royal Elementary School
1519 Queen Emma St
Distance between this listing and this school0.09 miles
Public District Grades PK-5
5
/10
Kauluwela Elementary School
1486 Aala St
Distance between this listing and this school0.68 miles
Public District Grades PK-5
6
/10
Pauoa Elementary School
2301 Pauoa Rd
Distance between this listing and this school0.78 miles
Public District Grades PK-5
Nearby Schools
6
/10
Central Middle School
1302 Queen Emma St
Distance between this listing and this school0.25 miles
Public District Grades 6-8
4
/10
Prince David Kawananakoa Middle School
49 Funchal St
Distance between this listing and this school0.61 miles
Public District Grades 6-8
6
/10
Robert Louis Stevenson Middle School
1202 Prospect St
Distance between this listing and this school0.79 miles
Public District Grades 6-8
Nearby Schools
8
/10
Myron B. Thompson Academy - New Century Public Charter School
1040A Richards St Rm 220
Distance between this listing and this school0.50 miles
Public Charter Grades KG-12
3
/10
President William Mckinley High School
1039 S King St
Distance between this listing and this school0.81 miles
Public District Grades 9-12
7
/10
President Theodore Roosevelt High School
1120 Nehoa St
Distance between this listing and this school1.01 miles
The neighbors living near this home have an average income of $46,487. Most Honolulu, HI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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This home is located at 1463 Lusitana St in Honolulu, HI and zip code 96813 in the Downtown neighborhood. This home was built in 1974. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $8,350,000.
In October 2024 more than 41 listings in Honolulu, HI were sold above the asking price. During the same period more than 63 listings were sold at asking price, while more than 174 were sold below. The inventory of homes for sale in Honolulu, HI between September 2024 and October 2024 increased by 7.7%. In October 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $688,705.
From Rocket Homes Real Estate and based on county public records data.
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