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$2,888,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • 10 Full Baths
  • Updated 11 days ago
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Live in one, rent out the others! Perfect starter investment property. Huge lot with space in back for yard/ garden/ possible duplex. Owner was told the back part of the lot could be developed with a home, and has driveway plan for accessing it separately, if you subdivide (***Buyer to confirm with their own due diligence***). Convenient location less than half a mile from downtown Honolulu, hollow tile construction with 10 one bedrooms, 10 parking. All units pay their own electric. CAM meters for electric, gas (for dryer), and water. Property is self-managed, and has owned coin laundry.

Full Property Details for 1640 Lusitana St

General

  • Price: $2,888,000
  • Taxes: $7,507
  • Status: Active
  • Type: Multi-Family
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202514542
  • Updated: 7/5/2025
  • Added to Site: 13 day(s) ago

Rental Information

  • Complex Features: None

Interior

  • Furnishings: Partially
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 10
  • Full Bathrooms: 10

Bedrooms

  • Total Bedrooms: 10

Additional Information

  • Security/Safety: Key Card Entry

Parking

  • Total Spaces: 10
  • Parking Features: Three or more Spaces, On Street

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: PUNCHBOWL AREA

Community

  • Assoc. Fees Include: None

Utilities

  • Water: Public
  • Cable Available: Yes
  • Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available

Structural Information

  • Architectural Style: Multiplex
  • Detached/Attached: Detached
  • Construction: Masonry, Stucco
  • Stories/Levels: 2
  • Square Feet: 3,634
  • Living Area: 3,634 Sq. Ft.
  • Year Built: 1958
  • Property Condition: Average Condition, Updated/Remodeled

Lot Features

  • Property View: Garden
  • Lot Size: 12285
  • Topography: Sloping
  • Lot Features: Cleared, Interior Lot
  • Zoning: 07 - R-3.5 Residential District

Financial Considerations

  • Assessment Amount: $251,800
  • Tax Amount: $7,507.56

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Other
  • Disclosures/Reports: 1031 Exchange, Pet on Property
  • Disclosures/Rstr.: 1031 Exchange, Pet on Property
  • Property ID: 1-2-2-002-051-0000

Listed by Commercial Inv. Strategies

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Listing agent

— 1640 Lusitana St —

  • Commercial Inv. Strategies

(808) 429-1098

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1640 Lusitana St

School District:Hawaii Department Of Education
RatingNameGradesDistance
8
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
K-50.2 mi
4
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
6-80.4 mi
5
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
9-121.1 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 1640 Lusitana St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/03/2025
Listed
$2,888,000
65.03%
MLS
11/25/2013
Sold
$1,750,000
—
Public Record
Get Price Alerts and Save Property
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 for 1640 Lusitana St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,508
—
$2,151,800
—
2023
$7,507
8%
$2,145,000
—
2022
$6,971
—
$2,144,800
8%
2022
$6,971
9%
$1,991,600
9%
2021
$6,372
—
$1,820,700
-6%
2021
$6,372
-2%
$1,930,700
4%
2018
$6,501
4%
$1,857,300
4%
2017
$6,269
-1%
$1,791,200
-1%
2016
$6,360
-11%
$1,817,000
-11%
2015
$7,130
13%
$2,037,200
13%
2019
$6,310
-4%
$1,802,800
-7%
2013
$6,550
—
$1,930,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Commercial Inv. Strategies

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Co-Listed by Valerie Sorensen (Lic#: RB-15890)

1640 Lusitana Street, Honolulu, HI 96813 (MLS# 202514542) is a Multi-Family property with units containing 10 bedrooms and 10 full bathrooms. 1640 Lusitana Street is currently listed for $2,888,000 and was received on July 03, 2025. Want to learn more about 1640 Lusitana Street? Do you have questions about finding other Multi-Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

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