| Description | 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. |
|---|---|
| Status | Active since 03-06-2024 |
| MLS# | 202404884 |
| Price | $5,000,000 |
| Original Price | $5,000,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 12 |
| Two Bed Units | 3 |
| Three Bed Units | 0 |
| Land Sq Ft | 6,925 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1254 Lunalilo Street Honolulu HI 96822 |
| Region | Metro |
| Neighborhood | Makiki Area |
| Days on Market | 935 |
| Year Built | 1969 |
| Condition | Above Average |
| View | City |
| Parking | Assigned |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $598 |
| Assessed Land | $1,246,900 |
| Assessed Building | $800,400 |
| Assessed Total | $2,047,300 |
| Assessed Ratio | 244% |
| Utilities | Cable, Gas, Internet, Public Water, Telephone, Underground Electricity, Water |
| Construction | Concrete, Hollow Tile |
| Lot Features | Clear |
| Disclosures | Call Listor |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Other |
| Easements | None |
| Parcel # | 1-2-4-020-017-0000 |
| Listing courtesy of | Real Estate Specialists |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 03-06-2024 | 202404884 | New Listing | A | $5,000,000 | $0 | $2,047,300 | $1,246,900 | $800,400 | |
| 05-13-2012 | 1105999 | Expired | A | X | $3,250,000 | $0 | $902,800 | $110,800 | $792,000 |
| 05-17-2011 | 1105999 | New Listing | A | $3,250,000 | $0 | $902,800 | $110,800 | $792,000 | |
| 05-01-2011 | 1005888 | Expired | A | X | $3,300,000 | $0 | $1,943,200 | $1,142,600 | $800,600 |
| 05-03-2010 | 1005888 | New Listing | A | $3,300,000 | $0 | $1,943,200 | $1,142,600 | $800,600 | |
| 03-20-2010 | 2904025 | Expired | A | X | $3,400,000 | $0 | $1,843,000 | $1,108,000 | $735,000 |
| 09-11-2007 | 2716693 | New Listing | A | $3,600,000 | $0 | $1,731,000 | $1,004,100 | $726,900 | |
| 08-25-2007 | 2616063 | Expired | A | X | $3,800,000 | $0 | $1,540,600 | $865,000 | $675,600 |
| 08-28-2006 | 2616063 | New Listing | A | $3,800,000 | $0 | $1,540,600 | $865,000 | $675,600 |
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