1402 Lusitana Street

Honolulu, HI 96813

$2,050,000
Price
7
Beds
3,767 Sq. Ft.
$544 / Sq. Ft.
3,767
Sq. Ft.
$544
per Sq. Ft.

Description

Huge price drop for excellent cashflow & a motivated seller A great opportunity to own a Fee Simple property with 2 business units & 3 residential units. It comes with 2 parking and many opportunities. Residential units consist of ONE 3 bedrooms and two 2 bedroom units. All residential units are located upstairs and below is an established convenience store and storage space for a business. Come gets this before it's gone. Please do not disturb tenants.

Property Details for 1402 Lusitana Street

View
None
Zoning
12 - A-2 Medium Density Apartme
Neighbourhood
PUNCHBOWL-LOWER
Flood Zone
Zone X

Location

Listing Courtesy of RE/MAX ALOHA HOMES, Ray Radim Prosek, License #RB-22498; RE/MAX ALOHA HOMES, Deep Shrestha, License #RS-79380

Property Details for 1402 Lusitana Street

StatusActive
MLS #202109092
Days on Market157
Taxes$1,229 / 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

Listing Agent

Ray Radim Prosek

Ray Radim Prosek

RE/MAX ALOHA HOMES

ray@alohahomesagents.com

P: (808) 393-9966

License #RB-22498

Contact Agent(s)

Location

Listing Courtesy of RE/MAX ALOHA HOMES, Ray Radim Prosek, License #RB-22498; RE/MAX ALOHA HOMES, Deep Shrestha, License #RS-79380

Building Information for 1402 Lusitana Street

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

Payment Calculator

$8,099 per month

30 year fixed, 2.95% Interest

Principal and Interest

$6,870

Property Taxes

$1,229

HOA Dues

$0

Property Information for 1402 Lusitana Street

Summary
    Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Other
    Taxes and HOA Information
  • Tax Amount: $1,229.00
  • Tax Assessed Value: $.00
  • Tax Assessed Value Improvements: $316,600.00
  • Tax Assessed Value Land: $873,100.00
  • Tax Paid By Seller: No
  • Tax Year: 2020
  • Parcel Number: 1-2-1-022-018-0000
    Parking
  • Parking Features: Assigned
  • Parking Total: 2
  • Other Parking Features: None
Property
    Lot Information
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 3767.0
  • Sqft Total: 3767.0
  • Land Recorded: Regular System
  • Land Tenure: FS - Fee Simple
  • Lot Features: Other
  • Lot Size Area: 3169.0
  • Year Built: 1918
  • Building Type: Multi Dwellings
    Property and Assessments
  • Photo Count: 14
  • Property Condition: Average
  • Special Listing Conditions: None
  • Disclosures: Property Disclosure Stmt
  • Foreclosure: No
  • Set Backs: C&C
  • TMK Area: 121.0
  • TMK Condo Property Regime Number: 0.0
  • TMK Division: 1.0
  • TMK Parcel: 18.0
  • TMKPLAT: 22.0
  • TMK Section: 1.0
  • TMK Zone: 2.0
    Utilities
  • Utilities: Other
  • Sewer: Other
  • Utilities Meters: None
Interior and Exterior Features
    Exterior Features
  • Amenities: None
  • Construction Materials: Other
  • Easements: None
  • Recreation Facilities: None
  • Roof: Other
Multi Family
    Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 1
  • Unit Two Number Of Bed: 2
  • Stories Type: Two
  • Number Of Units Total: 5
    Income & Expenses
  • Total Annual Operating Expenses: $.00
  • Total Income: $.00
  • Expenses Include: Mgmt Fee, Other
  • Net Operating Income: $.00
  • Other Income: $.00
Agent
    Sale and Listing
  • DOM: 156
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: **HUGE PRICE DROP FOR EXCELLENT CASHFLOW & A MOTIVATED SELLER** A great opportunity to own a Fee Simple property with 2 business units & 3 residential units. It comes with 2 parking and many opportunities. Residential units consist of ONE 3 bedrooms and two 2 bedroom units. All residential units are located upstairs and below is an established convenience store and storage space for a business. Come gets this before it's gone. Please do not disturb tenants.
  • Possession: At Closing
Rental
    Rent Information
  • Total Actual Rent: $.00

Property History for 1402 Lusitana Street

DateEvent & SourcePriceAppreciation
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
DateEvent & SourcePrice
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

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

Schools near 1402 Lusitana Street


SchoolTypeGradesDistanceRating
Royal Elementary SchoolPublicPK-50.1 mi
5
St Andrews Priory SchoolPrivateK-120.2 mi
NR
Central Middle SchoolPublic6-80.3 mi
2
Myron B. Thompson Academy - A New Century Public Charter SchoolCharterK-120.4 mi
8

Royal Elementary School

PK-5, 0.1 mi, Public

5

St Andrews Priory School

K-12, 0.2 mi, Private

NR

Central Middle School

6-8, 0.3 mi, Public

2

Myron B. Thompson Academy - A New Century Public Charter School

K-12, 0.4 mi, Charter

8

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1402 Lusitana Street is a multi-family home for sale in Honolulu, HI 96813. This property was listed for sale on April 20, 2021 by RE/MAX ALOHA HOMES at $2,050,000. It has been on the market for a total of 157 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, Central Middle School and President William McKinley High School. 1402 Lusitana Street is a 7-bed, 0-bath, 3,767 sqft 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 expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX ALOHA HOMES, Ray Radim Prosek, License #RB-22498; RE/MAX ALOHA HOMES, Deep Shrestha, License #RS-79380