1463 Lusitana Street, Honolulu, HI 96813
- $8,000,000
- Sold Price
- $8,000,000
- List Price
- $8,000,000
- Status
- CLOSED
- Type
- Multifamily
- MLS#
- 202421815
- Days on Market
- 232
- Closing Date
- May 15, 2025
- Land Area
- 11,697
- Year Built
- 1974
- Property Type
- Residential
- Neighborhood
- Punchbowl Lower
- Land Tenure
- FS - Fee Simple
Property Description
20-UNIT RENOVATED APARTMENT BUILDING FOR SALE! 20-unit, renovated CMU apartment building with 20 covered and secured parking stalls, just outside downtown Honolulu. The property is 100% occupied and provides high, stable cash flow due to upgraded units, a secured building, and a convenient location. Fantastic unit mix of (18) 2-bedroom units with lanais and (2) 1-bedroom units, each with a private, secured entrance and front lanai. The entire property is fenced and gated, with keyed security doors and a roll-up gate on the parking garage. Landlord-owned, coin-operated laundry and a leased roof antenna for additional income. In addition to exterior renovations, including landscaping and a roof re-coating, unit interiors were upgraded with luxury finishes, including new paint, LVT flooring, cabinets, counters, appliances, and light and plumbing fixtures. This is an extremely rare opportunity to acquire a large, renovated, and stable building in town. Proforma 4.77% cap!
/u.realgeeks.media/liveplayhawaii/kevin_pedersen-square.jpg)
Additional Information
- Island
- Oahu
- Utilities
- Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
- View
- City
- Elementary School
- Royal
- Middle School
- Keelikolani
- High School
- Mckinley
- Lot Size
- 11,697
- Construction Materials
- Hollow Tile
- Neighborhood
- Punchbowl Lower
- Frontage
- Other
- Year Built
- 1974
- Sewer
- Connected
- Parking Features
- Assigned, Covered
- Lot Features
- Interior Lot, Other, Level
- Assessed Total
- 3888400
- Water
- Public
Mortgage Calculator
Listing courtesy of Standard Management LLC. Selling Office: Non-MLS.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: (808) 208-8107