Do you desire to expand your growing investment portfolio with a centrally-located multiunit property? Check out the possibilities of 1254 Lunalilo Street! Tucked away in an extremely convenient area is this 15-unit concrete multiunit building featuring a desirable 1:1 parking ratio, separate electric meters, and a secured laundry area with two washers, two dryers, and a utility sink. Boasting 12-one bedroom units and 3-two bedroom units, the property allows for maximum resident comfort. Each unit features an open layout, neutral interior paint, a spacious living/dining area, storage closets, and a fully-equipped kitchen with a gas stove, pantry, and ample cabinets. Bedrooms are well-sized with generous closet space, while each full bathroom includes a shower/tub combo, medicine cabinet, and a storage vanity. Outdoor relaxation is a breeze with all units featuring a cozy balcony. Tenants will enjoy easy access to transportation, shopping, restaurants, entertainment, and Makiki Park. NOI is actual. Please contact Listor with additional questions. Interior showings will be subjected to accepted offer. Please submit offers using the Commercial PSA. DO NOT DISTURB tenants.
Active
$5,000,000
1254 Lunalilo St, Honolulu, HI 96822
--beds
0baths
--sqft
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 854 days |
- 69 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Derek C Lau 808-347-8005,
Real Estate Specialists
Source: HiCentral MLS,MLS#: 202404884
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
- Laundry: Coin-operated
Video & virtual tour
Property
Parking
- Total spaces: 15
- Parking features: Assigned
Features
- Levels: Three Or More
- Has view: Yes
- View description: City
Lot
- Features: Cleared, Level
- Topography: Level
Details
- Parcel number: 1240200170000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile, Concrete
Condition
- Good Condition
- Year built: 1969
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Underground Utilities, Water Available, Sewer Connected
Community & HOA
Community
- Subdivision: Makiki Area
HOA
- Amenities included: Management
Location
- Region: Honolulu
Financial & listing details
- Tax assessed value: $2,047,300
- Annual tax amount: $7,176
- Date on market: 3/6/2024
- Total actual rent: 16150
- Tenant pays: Cable TV, Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Listed for sale | $5,000,000+53.8% |
Source: | ||
| 5/14/2012 | Listing removed | $3,250,000 |
Source: Prudential Locations LLC #1105999 Report a problem | ||
| 5/18/2011 | Price change | $3,250,000-1.5% |
Source: Prudentail Locations LLC #1105999 Report a problem | ||
| 2/26/2011 | Listed for sale | $3,300,000+127.6% |
Source: Prudentail Locations LLC #1005888 Report a problem | ||
| 12/21/1994 | Sold | $1,450,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,182 +0.2% | $2,052,000 +0.2% |
| 2024 | $7,168 +0% | $2,048,100 +0% |
| 2023 | $7,166 +6.2% | $2,047,300 +6.2% |
| 2022 | $6,748 -6.4% | $1,927,900 -6.4% |
| 2021 | $7,212 -5.3% | $2,060,700 -5.3% |
| 2020 | $7,616 -0.8% | $2,176,100 -0.8% |
| 2019 | $7,678 +13.3% | $2,193,800 +13.3% |
| 2018 | $6,774 +4.5% | $1,935,500 +4.5% |
| 2017 | $6,480 +3.4% | $1,851,500 +3.4% |
| 2016 | $6,268 -5.2% | $1,790,800 -5.2% |
| 2015 | $6,614 | $1,889,800 +0.4% |
| 2014 | -- | $1,882,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Makiki
Nearby schools
GreatSchools rating
- 4/10Queen Kaahumanu Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Robert Louis Stevenson Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10President William Mckinley High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Hawaii
- Honolulu County
- Honolulu
- 96822
- Makiki
- 1254 Lunalilo St







