Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202421815 $8,000,000
Bedrooms with 0 Baths1463 LUSITANA STREET
HONOLULU HI 96813MLS: 202421815
Status: ACTIVE
List Price: $8,000,000
Price per SQFT: $0
Square Footage: 0Bedrooms
0 Baths
Year Built: 1974
Zip Code: 96813
Listing Remarks
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!
Address: 1463 LUSITANA STREET HONOLULU HI 96813
Listing Courtesy of STANDARD MANAGEMENT LLC
Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
Request More Information
Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2024-09-25 AREA: METRO BUILDING AREA TOTAL: 14593 YEAR BUILT: 1974 TAXES: $13,616 CONSTRUCTION: HollowTile COMMUNITY FEATURES: None COOLING: CentralAir LAUNDRY FEATURES: CoinOperated LOT FEATURES: InteriorLot, Other, Level PARKING FEATURES: Assigned, Covered PROPERTY TYPE: Residential PROPERTY SUB TYPE: MultiFamily NUMBER OF UNITS TOTAL: 20 VIEW: City LISTING AGENT: MICHAEL M OKAMOTO LISTING OFFICE: STANDARD MANAGEMENT LLC LISTING CONTACT: (808) 208-8107
Estimated Monthly Payments
List Price: $8,000,000 20% Down Payment: $1,600,000 Loan Amount: $6,400,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $40,452 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 1463 LUSITANA STREET HONOLULU HI 96813
This Listing
Active Listings Nearby
Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
Search Listings
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2025 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2025-03-29