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$2,989,000
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Property Description
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.
Full Property Details
Full Property Details for 1408 Lusitana St
General
- Price: $2,989,000
- Taxes: $6,303
- Status: Active
- Type: Apartment
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202513516
- Updated: 6/10/2025
- Added to Site: 10 day(s) ago
Rental Information
- Complex Features: None
Interior
- Appliances: Dryer, Washer
Rooms
Other Rooms
- Laundry: Coin-operated
Parking
- Total Spaces: 12
- Parking Features: Assigned
Location
- Area: Metro
- County: Oahu
- Subdivision: PUNCHBOWL-LOWER
Utilities
- Sewer: Connected
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Water Available, Sewer Connected
Structural Information
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Hollow Tile
- Square Feet: 4,896
- Year Built: 1958
- Property Condition: Excellent, Good Condition
Lot Features
- Lot Size: 8037
- Topography: Other
- Lot Features: Cleared
- Zoning: 12 - A-2 Medium Density Apartme
Financial Considerations
- Operating Expenses: $52,350
- Assessment Amount: $1,809,100
- Tax Amount: $6,303.12
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Disclosures/Reports: 1031 Exchange, Owner Is Listing Agent
- Disclosures/Rstr.: 1031 Exchange, Owner Is Listing Agent
- Property ID: 1-2-1-022-017-0000
Listed by List Sotheby's Int'l Realty
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Schools
Schools serving 1408 Lusitana St
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
1519 Queen Emma St, Honolulu, HI 96813 | K-5 | 0.1 mi | |
1302 Queen Emma St, Honolulu, HI 96813 | 6-8 | 0.3 mi | |
1039 S King St, Honolulu, HI 96814 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1408 Lusitana St
Date
Details
Price
Change
Source
6/10/2025
Listed
$2,989,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1408 Lusitana St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,303
—
$1,809,100
—
2023
$6,308
10%
$1,800,900
—
2022
$5,726
—
$1,802,300
10%
2022
$5,726
-7%
$1,636,000
-7%
2021
$6,169
—
$1,762,700
-2%
2021
$6,169
10%
$1,790,500
11%
2019
$5,625
8%
$1,607,200
8%
2018
$5,217
5%
$1,490,600
5%
2017
$4,962
6%
$1,417,700
6%
2016
$4,685
-6%
$1,338,500
-6%
2015
$4,974
6%
$1,421,100
1%
2013
$4,707
—
$1,408,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1408 Lusitana St
1408 Lusitana Street, Honolulu, HI 96813 (MLS# 202513516) is a Apartment property with 0 bedrooms and 0 full bathrooms. 1408 Lusitana Street is currently listed for $2,989,000 and was received on June 10, 2025. Want to learn more about 1408 Lusitana Street? Do you have questions about finding other Apartment real estate for sale in Downtown Honolulu? You can browse all Downtown Honolulu real estate or contact a Coldwell Banker agent to request more information.