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MLS: 202601167 (Active - For Sale)
 
Asking Price: $1,425,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1402 Lusitana Street, Honolulu, HI
Neighborhood: Punchbowl-lower
Land Area: 3,169 SF
Parking: Covered
Days on Market: 41
Year Built: 1918
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Regular System
Property Taxes: $647
Assessed Value: $1,265,800
Assessed Ratio: 112.58%
Listing Courtesy: Keller Williams Honolulu
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All Multi-Family Homes For Sale in Punchbowl-lower


UPDATE — Total gross rental income now exceeds $10,000/month! Cash-flowing property in the heart of Honolulu. Ideally located directly across from Queen’s Medical Center and just minutes from numerous government buildings, making this a highly desirable investment. This mixed-use property features a strong rental history with both business and residential income streams. Opportunity rarely knocks twice—don’t miss your chance. Enjoy easy access to major thoroughfares and quick connectivity to H-1, providing exceptional commuting convenience. Fee Simple property includes: 1 commercial/business unit, 3 residential units, 1 Large storage room with conversion potential, Separate electric meters, 2 on-site parking stalls plus ample street parking. Please do not disturb tenants.

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
20180122501/18/201804/23/2018$1,599,500$1,475,000

4 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath04/05/202505/27/2025$1,880,000$1,930,000
0 Bed 0 Bath09/30/202407/01/2025$2,250,000$2,050,000
0 Bed 0 Bath11/07/202502/27/2026$2,989,000$2,989,000
0 Bed 0 Bath09/25/202405/15/2025$8,000,000$8,000,000
Average Price:  $3,742,250

 
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