| MLS: 202514545 (Active - For Sale) Asking Price: $2,888,000 FS - Fee Simple Type: Multi-Family District: Metro Address: 1640 Lusitana Street, Honolulu, HI Neighborhood: Punchbowl Area Land Area: 12,285 SF View: Garden Parking: Assigned Days on Market: 170 Year Built: 1958 Zoning: 07 - R-3.5 Residential District Land Recorded: Regular System Property Taxes: $626 Assessed Value: $2,151,800 Assessed Ratio: 134.21% Listing Courtesy: Commercial Inv. Strategies | Google Map County Records Add to Watch List Print Version Request Info All Multi-Family Homes For Sale in Punchbowl Area |
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.
| MLS | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 2418650 | 12/07/2004 | 03/04/2005 | $1,200,000 | $1,200,000 |
| 2706500 | 04/02/2007 | 08/08/2007 | $1,690,000 | $1,695,000 |
| 1211674 | 10/22/2012 | 07/31/2013 | $1,750,000 | $1,700,000 |
| 201332720 | 09/18/2013 | 11/27/2013 | $1,888,000 | $1,750,000 |
3 Sold Properties Found (Last 12 months)
| Description | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 0 Bed 0 Bath | 08/01/2025 | 11/14/2025 | $1,200,000 | $950,000 |
| 0 Bed 0 Bath | 07/24/2025 | 10/16/2025 | $4,500,000 | $4,000,000 |
| 0 Bed 0 Bath | 02/20/2024 | 09/11/2025 | $7,000,000 | $6,500,000 |
| Average Price: | $3,816,667 | |||
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