Active

1463 Lusitana Street

Honolulu HI, 96813

$8,350,000


$572.19 per sqft

Active

56 Beds

14,593 sqft

Multi-family

Built in 1974

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!

202403457

MLS ID

February 12, 2024

Listed

February 15, 2024

Updated

Map

1463 Lusitana Street
Honolulu HI, 96813

Interior Features

Bedrooms

56 Beds


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

11,697 Acres


Lot Features

Level

School Information

High School

Roosevelt


Elementary School

Lincoln

Other Property Details

Area Name

Metro


Taxes

$13,518


Tax Frequency

Annually


Garage

No


Parking Total

20


View

Yes


View Description

City


County

Oahu


Water Source

Public


Pool

No


Zoning

12 - A-2 Medium Density Apartme

 

Courtesy of Standard Management LLC, Michael M Okamoto

Listing Contact: (808) 208-8107 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS / HiCentral (HBR) listings last updated on 2/15/2024 10:46 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. 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. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved. 

Data last updated 10:46 PM UTC, 2/15/2024

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