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1408 Lusitana St, Honolulu, HI 96813 listing image 1

For Sale

$2,989,000

1408 Lusitana St, Honolulu, HI 96813

-Bed
-Bath
4896SqFt

-Bed
-Bath
4896SqFt

Property Type
Condo
Year Built
1958
Price per Sqft
$610
On highrises
1 Day

Property Details

Great location near Queens/Punchbowl/Downtown. 12 - one bedroom units with 12 parking spaces (8 single stalls and 2 tandem stalls) located on Lusitana St. 8 units out of 12 have been renovated. Ground floor larger with courtyards. 2nd floor also has lanais for each unit. Hollow tile construction. Conveniently located with easy access to freeway. Don't miss this excellent investment opportunity! Property has been very maintained and managed by professional management company. Great cash flow for investor.

Property Features

Bathrooms

Total Bathrooms: 0

Appliances

Dryer
Washer
Laundry Features: Coin-operated

Land Info

Lot Description: Cleared
Lot Size Acres: 0.1845041
Lot Size Square Feet: 8037

Garage and Parking

Parking Features: Assigned
Parking Total: 12

Homeowners Association

Association Fee Frequency: Monthly
Association Fee 2 Frequency: Monthly

Multi-Unit Info

Number of Units: 12

Rental Info

Tenant Pays: Electricity

Other Property Info

Annual Tax Amount: 6303.12
Source Listing Status: Active
County: Oahu
Source Property Type: Residential
Area: Metro
Property Subtype: condo
Source Neighborhood: PUNCHBOWL-LOWER
Parcel Number: 1-2-1-022-017-0000
Postal City: Honolulu
Subdivision: PUNCHBOWL-LOWER
Zoning Description: 12 - A-2 Medium Density Apartme
Property Subtype: Multi Family
Source System Name: C2C

Commercial Info

Net Operating Income: 161970
Operating Expense: 52350
Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax

Building and Construction

Year Built: 1958
Building Area Total: 4896
Construction Materials: Hollow Tile
Levels: Three Or More
Property Age: 67
Property Condition: Excellent, Good Condition
Structure Type: Apartment
Total Area Sqft: 4896

Utilities

Sewer: Connected
Cable Available
Water Available
Sewer Connected
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
04/21/2025	Listed	$2,989,000	$610	HiCentral
09/13/2019	Sold	$2,900,000	$592	Public Record
04/08/2019	Sold	$2,862,500	$585	Public Record
03/08/2002	Sold	$640,000	$131	Public Record
10/27/1989	Sold	$1,150,000	$235	Public Record
10/01/1989	Sold	$575,000	$117	Public Record
07/31/1989	Sold	$275,000	$56	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$6,303	$1,528,300	+	$272,600	=	$1,800,900
2023	$6,308	$1,528,300	+	$274,000	=	$1,802,300
2022	$5,726	$1,382,800	+	$253,200	=	$1,636,000
2021	$6,169	$1,491,900	+	$270,800	=	$1,762,700
2020	$6,266	$1,491,900	+	$298,600	=	$1,790,500
2019	$5,625	$1,310,000	+	$297,200	=	$1,607,200
2018	$5,217	$1,200,800	+	$289,800	=	$1,490,600

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
700 Richards St Apt 807	$379K	1	1	773	67910
801 S King St Apt 2701	$549K	1	1	671	671
610 Ala Moana Blvd Apt M405	$528K	0	1	475	475
888 Kapiolani Blvd Apt 2207	$1.3M	2	2	1302	1302
255 Huali St Apt 503	$350K	1	1	386	386
888 Kapiolani Blvd Apt 2001	$805K	1	1	672	672

Presented by:
Esther Park Kusunoki
state license#RB-21002

This listing is presented by List Sotheby's International Realty

Broker Location:

Honolulu

Data Source:

HiCentral

Source's Property ID:

202510471

Data Source Copyright:

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$2,989,000

1408 Lusitana St, Honolulu, HI 96813

Property Details

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Bathrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

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