#202403860, Listing Office: Real Estate Specialists
Property details
About 1463 Lusitana St
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!
Highlights
Summary
- MLS Number: 202421815
- MLS Name: HICMLS
- Office Name: Standard Management LLC
- Office Phone: (808) 208-8107
- Agent Phone: (808) 208-8107
- Agent Email: mike@standardcommercial.com
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
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Last updated on: 2/10/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of building exterior](/homes/listing-images/53407224_S0478/S0478/S0478-R0100/1088758884/2003519615110.jpg?version=1729294735&width=640)
$8,350,000
1463 Lusitana St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $3,890,300 | $13,517 |
2023 | $3,862,200 | $12,434 |
2022 | $3,552,700 | $12,434 |
2021 | $2,953,100 | $10,335 |
2020 | $3,031,400 | $10,609 |
2019 | $2,788,200 | $9,219 |
2018 | $2,634,200 | $9,219 |
2017 | $2,472,400 | $8,653 |
History based on county public records data.
Nearby schools
3
Royal Elementary School
Public District PK-5
0.1 mi
•1519 Queen Emma St
5
Kauluwela Elementary School
Public District PK-5
0.7 mi
•1486 Aala St
6
Pauoa Elementary School
Public District PK-5
0.8 mi
•2301 Pauoa Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,487. Typical income of Honolulu, HI residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 1463 Lusitana St in Honolulu, HI and zip code 96813 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $8,350,000.
In January 2025, from all listings sold in Honolulu, HI there were more than 30 sold above asking price, over 136 sold below and more than 48 were sold right at the asked price. The number of listings in Honolulu, HI increased by 15.5% between December and January 2025. In January 2025 median list price was $695,876 and the average listing age was 61 days.