1445 Lusitana Honolulu HI 96813 · Neighborhood: Punchbowl-Lower · Region: Metro · MLS: 2911079 · TMK: 1-2-1-021-015-0000 & History 

Show all 1 photos. Updated 8/18/2009 3:37:23 PM
Inactive. Last Sold for 1,180,000 FS on 2/12/2010
Location
Type: Multi Family Home
Region: Metro
Neigh: Punchbowl-Lower
1445 Lusitana
Honolulu HI 96813
Area
Building sf:4
Land sf:7,787
Land acres:0.179
Other
Parking:9
Built:1960
Remodeled:2009
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:4
2 Bedroom Units:4
3 Bedroom Units:1
Com space:0
Total Units:9
Financials
Rental Income:118,900
Expenses:(21,466)
Net Operating Income:98,234
Other Income:1,000
Total Income:119,700
Remarks
Seller:A total of four buildings, great cash flow with potential for upside. Total return of 8.2% on current Income and expenses! The front building consists of three units and was renovated recently. The back buildings consists of six units. Said property is individually metered for electric. In addition , each unit has its own 50 gallon water heater. Contingency sale, seller accepting backup offers.Buyer:
Property Features
Amenities
A/C

Building Type
Multi Dwellings

Condition
Average

Construction
Other

Disclosures
None

Documents

Easements
None

Expense Income
Property Tax
Fee

Frontage

Furnished
None

Land Recorded
Land Court

Laundry
Coin

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity

Listing Broker
CPS

Location
Lot Description
Clear

Meters
Electric

Parking Guest
<10 Spaces

Parking Tenant
Covered
Possession
Close of Escrow

Recreation Facility
None

Roof
Asphalt Shingle

Sale Conditions

Set Backs
Of Record
Sewer
Connected

Stories
Two

Terms Offered
Open

Terms Sold
Conventional

Topography
Level

Utilities

View
Mountain

Zoning
More Information
Contact listProp Mgt
Management Company:
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: 2008Assessed
Land1,045,500
Improvement385,500
Exemption0
Total1,431,000
Monthly Tax5,636
54 Days on MarketKey DatesPricing
Year Built:1960
Original List:1,350,000 FS
Listed:8/12/20091,200,000 FS
Advertise:
Auction:
Price change:9/15/2009
Temp off Market:
Off Market:2/12/2010
Temp withdrawn:
Withdrawn:
Back on Market:10/5/2009
Status change:2/13/2010
Last Modified:2/13/2010
Contingency:10/5/2009
Pending:10/5/2009
Conditional:
Sold:2/12/20101,180,000 FS
Concessions:(0)  
Net SP:1,180,000 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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