1402 Lusitana St

$1,425,000
Price
9
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

UPDATE - Seller is remodeling one downstairs unit to be another rental property - adding an additional $2,000-$2,300 per month! Cash-flowing property in the heart of Honolulu. Located across the street from Queen's Medical Centre and minutes away from many government buildings, this property is highly desirable. There is a mix of business and residential with a strong rental history. A great opportunity to own a Fee Simple property with 1 business unit & 4 residential units. Dont let this one pass...UPDATE - Seller is remodeling one downstairs unit to be another rental property - adding an additional $2,000-$2,300 per month! Cash-flowing property in the heart of Honolulu. Located across the street from Queen's Medical Centre and minutes away from many government buildings, this property is highly desirable. There is a mix of business and residential with a strong rental history. A great opportunity to own a Fee Simple property with 1 business unit & 4 residential units. Dont let this one pass because opportunity does not knock twice. Easy access to the major streets and seconds from H1 make the commute very convenient. Residential units consist of ONE 3 bedroom and three 2 bedroom units. 2 residential units are located upstairs and below is an established convenience store and 2 rental units. It has 2 parking spaces. Come get this before it's gone. Please do not disturb tenants.
  1. Listed by Deep Shrestha • License #RS-79380 • eXp Realty • (808) 725-2794
  2. Listed by Caitlin Concilus • License #RS-81330 • eXp Realty • (808) 725-2794

Property Details for 1402 Lusitana Street

View
None
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
PUNCHBOWL-LOWER
Flood Zone
Zone X
Stories/Levels
Two
Land Tenure
FS - Fee Simple
LISTING UPDATED: 10/06/2025 09:45 AM

Property Details for 1402 Lusitana Street

StatusActive
MLS #202502636
Days on Market331
Taxes$366 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1918
Lot Size0.07 AC / 3,169 SF
CountyHonolulu County

Location

Listing Courtesy of eXp Realty, Deep Shrestha, License #RS-79380; eXp Realty, Caitlin Concilus, License #RS-81330
Add your commute

Building Information for 1402 Lusitana Street

Stories-Residences5Year Built1918Building Size-Lot Size0.07 AC / 3,169 SF

Payment Calculator

$7,407 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,041

Property Taxes

$366

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1402 Lusitana Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Corner
Taxes and HOA Information
  • Tax Amount: $366.00
  • Tax Assessed Value: $1,253,200.00
  • Tax Assessed Value Improvements: $304,900.00
  • Tax Assessed Value Land: $948,300.00
  • Tax Year: 2025
  • Parcel Number: 1-2-1-022-018-0000
  • HOA YN: No
Parking
  • Parking Features: Covered
  • Parking Total: 2
  • Other Parking Features: None
Property
Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • Land Recorded: Regular System
  • Lot Features: Clear
  • Lot Size Area: 3169.0
  • Year Built: 1918
  • Year Remodeled: 1978
  • Building Type: Multi Dwellings, Other
Property and Assessments
  • Photo Count: 7
  • Property Condition: Average, Fair
  • Special Listing Conditions: None
  • Disclosures: Property Disclosure Stmt
  • Foreclosure: No
  • Set Backs: None
  • Supplement Count: 0
  • TMK Area: 121
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 18
  • TMKPLAT: 22
  • TMK Section: 1
  • TMK Zone: 2
Utilities
  • Utilities: Cable, Gas, Internet, Public Water, Sewer Fee, Telephone, Underground Electricity, Water
  • Sewer: Connected
  • Utilities Meters: Individual
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Double Wall, Other, Slab
  • Easements: None
  • Recreation Facilities: None
  • Roof: Other
Multi Family
Multi-Family Information
  • Commercial Spaces Number Of: 2
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 1
  • Unit Two Number Of Bed: 3
  • Number Of Units Total: 5
Income & Expenses
  • Total Annual Operating Expenses: $.00
  • Total Income: $157,800.00
  • Expenses Include: Other
  • Net Operating Income: $157,800.00
  • Other Income: $.00
Agent
Sale and Listing
  • DOM: 253
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: UPDATE - Seller is remodeling one downstairs unit to be another rental property - adding an additional $2,000-$2,300 per month! Cash-flowing property in the heart of Honolulu. Located across the street from Queen's Medical Centre and minutes away from many government buildings, this property is highly desirable. There is a mix of business and residential with a strong rental history. A great opportunity to own a Fee Simple property with 1 business unit & 4 residential units. Dont let this one pass because opportunity does not knock twice. Easy access to the major streets and seconds from H1 make the commute very convenient. Residential units consist of ONE 3 bedroom and three 2 bedroom units. 2 residential units are located upstairs and below is an established convenience store and 2 rental units. It has 2 parking spaces. Come get this before it's gone. Please do not disturb tenants.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd
Rental
Rent Information
  • Total Actual Rent: $13,150.00

Property History for 1402 Lusitana Street

DateEvent & SourcePriceAppreciation
Oct 6, 2025

Price Change

HICENTRAL #202502636

$1,425,000—
Jan 28, 2025

Price Change

HICENTRAL #202502636

$1,599,000—
Jan 28, 2025

Price Change

HICENTRAL #202502636

$1,425,000—
Jan 26, 2025

Listed (Active)

HICENTRAL #202502636

$1,650,000—
Oct 31, 2024

Temporarily Off Market

HICENTRAL #202422097

$1,650,000—
Sep 30, 2024

Listed (Active)

HICENTRAL #202422097

$1,650,000—
Nov 6, 2023

Permanently Off Market

HICENTRAL #202320083

$1,750,000—
Aug 28, 2023

Listed (Active)

HICENTRAL #202320083

$1,750,000—
Jan 10, 2023

Permanently Off Market

HICENTRAL #202221724

$1,799,000—
Oct 19, 2022

Listed (Active)

HICENTRAL #202221724

$1,799,000—
Jun 27, 2022

Permanently Off Market

HICENTRAL #202209884

$1,799,000—
May 23, 2022

Listed (Active)

HICENTRAL #202209884

$1,799,000—
May 6, 2022

Permanently Off Market

HICENTRAL #202204835

$1,799,500—
Mar 14, 2022

Listed (Active)

HICENTRAL #202204835

$1,799,500—
Mar 9, 2022

Permanently Off Market

HICENTRAL #202109092

$1,849,000—
Feb 24, 2022

Temporarily Off Market

HICENTRAL #202109092

$1,849,000—
Oct 27, 2021

Price Change

HICENTRAL #202109092

$1,990,000—
Sep 21, 2021

Price Change

HICENTRAL #202109092

$2,050,000—
Apr 20, 2021

Listed (Active)

HICENTRAL #202109092

$2,250,000—
May 5, 2020

Permanently Off Market

HICENTRAL #202003966

$1,988,000—
Feb 25, 2020

Listed (Active)

HICENTRAL #202003966

$1,988,000—
Apr 23, 2018

Sold

HICENTRAL #201801225

$1,475,000—
Apr 23, 2018

Contract Signed

HICENTRAL #201801225

—
Apr 4, 2018

Sold (Public Record)

Public Record #623359921

$1,475,000

+11.2% / yr

Jan 18, 2018

Listed (Active)

HICENTRAL #201801225

$1,599,500—
Dec 11, 2017

Temporarily Off Market

HICENTRAL #201714245

$1,600,000—
Jun 28, 2017

Listed (Active)

HICENTRAL #201714245

$1,700,000—
Apr 16, 2015

Permanently Off Market

HICENTRAL #201416944

$1,620,000—
Aug 20, 2014

Listed (Active)

HICENTRAL #201416944

$1,690,000—
Aug 1, 2014

Temporarily Off Market

HICENTRAL #201401682

$1,690,000—
Feb 4, 2014

Listed (Active)

HICENTRAL #201401682

$1,690,000—
Dec 18, 2013

Permanently Off Market

HICENTRAL #201330879

$1,590,000—
Aug 8, 2013

Listed (Active)

HICENTRAL #201330879

$1,690,000—
Jul 30, 2013

Permanently Off Market

HICENTRAL #1213730

$2,000,000—
Dec 26, 2012

Listed (Active)

HICENTRAL #1213730

$2,000,000—
Jun 15, 2005

Sold (Public Record)

Public Record #159052255

$380,000—
DateEvent & SourcePrice
10/06/2025

Price Change

HICENTRAL #202502636

$1,425,000
01/28/2025

Price Change

HICENTRAL #202502636

$1,599,000
01/28/2025

Price Change

HICENTRAL #202502636

$1,425,000
01/26/2025

Listed (Active)

HICENTRAL #202502636

$1,650,000
10/31/2024

Temporarily Off Market

HICENTRAL #202422097

$1,650,000
09/30/2024

Listed (Active)

HICENTRAL #202422097

$1,650,000
11/06/2023

Permanently Off Market

HICENTRAL #202320083

$1,750,000
08/28/2023

Listed (Active)

HICENTRAL #202320083

$1,750,000
01/10/2023

Permanently Off Market

HICENTRAL #202221724

$1,799,000
10/19/2022

Listed (Active)

HICENTRAL #202221724

$1,799,000
06/27/2022

Permanently Off Market

HICENTRAL #202209884

$1,799,000
05/23/2022

Listed (Active)

HICENTRAL #202209884

$1,799,000
05/06/2022

Permanently Off Market

HICENTRAL #202204835

$1,799,500
03/14/2022

Listed (Active)

HICENTRAL #202204835

$1,799,500
03/09/2022

Permanently Off Market

HICENTRAL #202109092

$1,849,000
02/24/2022

Temporarily Off Market

HICENTRAL #202109092

$1,849,000
10/27/2021

Price Change

HICENTRAL #202109092

$1,990,000
09/21/2021

Price Change

HICENTRAL #202109092

$2,050,000
04/20/2021

Listed (Active)

HICENTRAL #202109092

$2,250,000
05/05/2020

Permanently Off Market

HICENTRAL #202003966

$1,988,000
02/25/2020

Listed (Active)

HICENTRAL #202003966

$1,988,000
04/23/2018

Sold

HICENTRAL #201801225

$1,475,000
04/23/2018

Contract Signed

HICENTRAL #201801225

—
04/04/2018

Sold (Public Record)

Public Record #623359921

$1,475,000

+11.2% / yr

01/18/2018

Listed (Active)

HICENTRAL #201801225

$1,599,500
12/11/2017

Temporarily Off Market

HICENTRAL #201714245

$1,600,000
06/28/2017

Listed (Active)

HICENTRAL #201714245

$1,700,000
04/16/2015

Permanently Off Market

HICENTRAL #201416944

$1,620,000
08/20/2014

Listed (Active)

HICENTRAL #201416944

$1,690,000
08/01/2014

Temporarily Off Market

HICENTRAL #201401682

$1,690,000
02/04/2014

Listed (Active)

HICENTRAL #201401682

$1,690,000
12/18/2013

Permanently Off Market

HICENTRAL #201330879

$1,590,000
08/08/2013

Listed (Active)

HICENTRAL #201330879

$1,690,000
07/30/2013

Permanently Off Market

HICENTRAL #1213730

$2,000,000
12/26/2012

Listed (Active)

HICENTRAL #1213730

$2,000,000
06/15/2005

Sold (Public Record)

Public Record #159052255

$380,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1402 Lusitana Street

Taxable ValueLand$948,300Additions$304,900Total$1,253,200
Tax Record2025$15,147 ($1,262 / month)
Home Facts
Total Finished SqFt3,767 SqFtAbove Grade Finished SqFt3,767 SqFtStories2Lot Size3,169 SqFtStyleMiscellaneous CommercialYear Built1918Year Renovated1978ZoningA-2 APARTMENTCountyHONOLULUAPN1-2-1-022-018

Schools near 1402 Lusitana Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Royal Elementary School
PublicPK to 5

Princess Ruth Keelikolani Middle School
Public6 to 8

President William Mckinley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1402 Lusitana Street is a multi-family home for sale in Honolulu, HI 96813. This property was listed for sale on January 26, 2025 by eXp Realty, it's currently listed at $1,425,000. It has been on the market for a total of 331 days and was last sold on April 23, 2018. This listing's school district is Hawaii Department Of Education. Nearby schools include Royal Elementary School, Princess Ruth Keelikolani Middle School and President William Mckinley High School. 1402 Lusitana Street is a 9-bed, 0-bath, multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, Deep Shrestha, License #RS-79380; eXp Realty, Caitlin Concilus, License #RS-81330

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.