Great location near Queens/Punchbowl/Downtown. 12 - one bedroom units with 12 parking spaces (8 single stalls and 2 tandem stalls) located on Lusitana St. 8 units out of 12 have been renovated. Ground floor larger with courtyards. 2nd floor also has lanais for each unit. Hollow tile construction. Conveniently located with easy access to freeway. Don't miss this excellent investment opportunity! Property has been very maintained and managed by professional management company. Great cash flow investor.
Closed
$2,989,000
1408 Lusitana St, Honolulu, HI 96813
--beds
0baths
4,896sqft
Multi Family
Built in 1958
-- sqft lot
$2,903,000 Zestimate®
$610/sqft
$1,934 Estimated rent
Home value
$2,903,000
$2.76M - $3.05M
$1,934/mo
Zestimate® history
Owner options
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$1,934/mo
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$1,934/mo
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$13,334/mo
Est. payment
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$13,334/mo
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Zillow last checked:
Listing updated:
Listed by:
Esther Park Kusunoki 808-489-6733,
List Sotheby's Int'l Realty
Bought with:
Brian Uy, RB-16514
LT Services
Source: HiCentral MLS,MLS#: 202525339
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
- Laundry: Coin-operated
Interior area
- Total structure area: 4,896
- Total interior livable area: 4,896 sqft
Property
Parking
- Total spaces: 12
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
Lot
- Features: Cleared
- Topography: Other
Details
- Parcel number: 1210220170000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile
Condition
- Excellent,Good Condition
- Year built: 1958
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Cable Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Punchbowl-Lower
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $610/sqft
- Tax assessed value: $1,809,100
- Annual tax amount: $6,303
- Date on market: 11/7/2025
- Total actual rent: 17860
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $2,989,000$610/sqft |
Source:  HiCentral MLS #202525339 Report a problem | ||
| 10/8/2025 | Listing removed | $2,989,000$610/sqft |
Source: HiCentral MLS #202513516 Report a problem | ||
| 6/10/2025 | Listed for sale | $2,989,000$610/sqft |
Source: HiCentral MLS #202513516 Report a problem | ||
| 6/4/2025 | Listing removed | $2,989,000$610/sqft |
Source: HiCentral MLS #202510471 Report a problem | ||
| 4/21/2025 | Listed for sale | $2,989,000-11.8%$610/sqft |
Source: HiCentral MLS #202510471 Report a problem | ||
| 3/24/2024 | Listing removed | $3,390,000$692/sqft |
Source: HiCentral MLS #202403620 Report a problem | ||
| 2/16/2024 | Listed for sale | $3,390,000+16.9%$692/sqft |
Source: HiCentral MLS #202403620 Report a problem | ||
| 9/13/2019 | Sold | $2,900,000+353.1%$592/sqft |
Source: Public Record Report a problem | ||
| 3/8/2002 | Sold | $640,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,872 +247% | $1,809,100 +0.5% |
| 2024 | $6,303 -0.1% | $1,800,900 -0.1% |
| 2023 | $6,308 +10.2% | $1,802,300 +10.2% |
| 2022 | $5,726 -7.2% | $1,636,000 -7.2% |
| 2021 | $6,169 -1.6% | $1,762,700 -1.6% |
| 2020 | $6,267 +11.4% | $1,790,500 +11.4% |
| 2019 | $5,625 +7.8% | $1,607,200 +7.8% |
| 2018 | $5,217 +5.1% | $1,490,600 +5.1% |
| 2017 | $4,962 +5.9% | $1,417,700 +5.9% |
| 2016 | $4,685 -5.8% | $1,338,500 -5.8% |
| 2015 | $4,974 | $1,421,100 +0.9% |
| 2014 | -- | $1,408,300 |
Find assessor info on the county website
Neighborhood: Punchbowl
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Nearby schools
GreatSchools rating
- 5/10Royal Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Princess Ruth Keelikolani Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10President William Mckinley High SchoolGrades: 9-12Distance: 0.8 mi
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$2,903,000
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+$58,060
With Zillow Showcase(estimated)
$2,961,060
- Hawaii
- Honolulu County
- Honolulu
- 96813
- Punchbowl
- 1408 Lusitana St
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