1640 Lusitana Honolulu HI 96813 · Neighborhood: Punchbowl Area · Region: Metro · MLS: 2706500 · TMK: 1-2-2-002-051-0000 & History 

Show all 6 photos. Updated 4/12/2007 6:39:47 PM
Inactive. Last Sold for 1,695,000 FS on 8/8/2007
Location
Type: Multi Family Home
Region: Metro
Neigh: Punchbowl Area
1640 Lusitana
Honolulu HI 96813
Area
Building sf:3,634
Land sf:12,285
Land acres:0.282
Other
Parking:10
Built:1958
Remodeled:
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:10
2 Bedroom Units:0
3 Bedroom Units:0
Com space:0
Total Units:10
Financials
Rental Income:105,000
Expenses:(23,715)
Net Operating Income:82,845
Other Income:1,200
Total Income:106,200
Remarks
Seller:10 Unit solid masonry bldg. Convenient - only blocks to downtown. Income pro-forma @ $875/mo. Sale is subject to seller effecting an IRC 1031 Exchange. Newly paved parking area!Buyer:
Property Features
Amenities
None

Building Type
Apartments

Condition
Average

Construction
Concrete
Masonry/Stucco
Slab

Disclosures
1031 Exchange
Property Disclosure Stmt

Documents
Lease Documents
P&L

Easements
None

Expense Income
Excise Tax
Insurance
Property Tax
Repair Maintenance
Sewer Fee
Fee

Frontage
Other

Furnished
Partial

Land Recorded
Regular System

Laundry
Coin
Dryer
Washer

Land Tenure
FS - Fee Simple

Lessee Pays
Cable TV
Electricity
Gas

Listing Broker
EM International Realty Cor

Location
Lot Description

Meters
Electric
Gas
Individual

Parking Guest
None

Parking Tenant
Assigned
Open
Possession
Subject To Tenancy

Recreation Facility
None

Roof
Composition

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold
Conventional

Topography

Utilities

View
Mountain

Zoning
More Information
Contact listProp Mgt
Management Company:N/A
Management Company Phone:
 
About LeaseholdLease Info
Lessor:
Renegotiation:
Lease expires:
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:00
Step 1:00
Rates Real Property Tax
Tax year: 2007Assessed
Land1,499,200
Improvement246,600
Exemption0
Total1,745,800
Monthly Tax6,212
72 Days on MarketKey DatesPricing
Year Built:1958
Original List:1,690,000 FS
Listed:4/2/20071,690,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:8/8/2007
Temp withdrawn:
Withdrawn:
Back on Market:6/13/2007
Status change:8/9/2007
Last Modified:8/9/2007
Contingency:6/13/2007
Pending:6/13/2007
Conditional:
Sold:8/8/20071,695,000 FS
Concessions:(5,000)  
Net SP:1,690,000 FS
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Multi Family Home listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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