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1254 Lunalilo St, Honolulu, HI, 96822
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1254 Lunalilo St, Honolulu, HI 96822

$5,000,000 Multi-Family Home for sale 0 sqft Neighborhood:  Makiki Area
1 min walk to Piikoi Street Mini Park
5 min drive to Ala Moana Beach
4 min drive to Point Panic
4 min drive to Concessions
About lifestyles
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.
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Multi-family details

1969 year built
  • Year Built 1969
  • Original list price $5,000,000
  • Days on market 294
  • Building type Apartments
  • Address

    1254 Lunalilo St, Honolulu, HI, 96822

  • Neighborhood Makiki Area
  • Land tenure FS - Fee Simple
  • Land SqFt 6,925 sqft
  • View City
  • Virtual Tour View (external link)

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$25,494
Taxes
$598
HOA dues
$0
$26,092 per month
Mortgage
Down payment
$1,000,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $25,494 / month

Neighborhood: Makiki Area

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
13.33 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

15 total units
# of 1 Bd
12
# of 2 Bd
3
# of 3 Bd
0
Total Units
15

Amenities & Features

15 parking places
Stories
4-7
Furnished
Partial
Roof
Other
Construction
Concrete, Hollow Tile
Utilities
Cable, Gas, Internet, Public Water, Telephone, Underground Electricity, Water
Property Condition
Above Average
Parking
Assigned
nr.of parking places
15
Amenities
Resident Manager

Income

Net Operating Income: $126,218
Total Actual Rent
$16,150
Total Annual Operating Expenses
$68,044
Total Income
$194,262
Net Operating Income
$126,218

Makiki Area prices

Average price $1.15m
Neighborhood average sales price*
$1.15m
Neighborhood median sales price*
$1.12m
Number or sales*
4
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
3
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
Elementary School
0.214mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Middle School
0.262mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.235mi
School rating Distance
3
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.214mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.262mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.412mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.471mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.471mi
School rating Distance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.262mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.471mi
6
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.499mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.541mi
8
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.579mi
School rating Distance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.235mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.471mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.541mi
7
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.541mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.574mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing rental Jun 18, 2024
Date Event Price $/sqft Source
Jun 18, 2024 New Listing rental $1,400 0 MLS #202414529
Mar 25, 2024 Rented $1,400 0 MLS #202403931
Feb 21, 2024 New Listing rental $1,400 0 MLS #202403931
Aug 23, 2023 Rented $1,400 0 MLS #202319250
Aug 12, 2023 New Listing rental $1,400 +3.7% 0 MLS #202319250
Jun 22, 2023 Rented $1,350 0 MLS #202313783
Jun 14, 2023 New Listing rental $1,350 0 MLS #202313783
Dec 16, 2022 Expired $1,350 0 MLS #202220286
Sep 26, 2022 New Listing rental $1,350 0 MLS #202220286
Sep 26, 2022 Rented $1,350 0 MLS #202219499
Sep 14, 2022 New Listing rental $1,350 0 MLS #202219499
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Tax & MLS details 1254 Lunalilo St, Honolulu, HI, 96822

12 - A-2 Medium Density Apartme zoning / MLS #202404884
Current Property Taxes p/month
$598
Property Tax Year
2023
Assessed Improvement value
$800,400
Assessed Land value
$1,246,900
TMK
1-2-4-020-017-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Lot Description
Clear
Property Setbacks
Of Record
Total Assessed value
$2,047,300
Listed by
Real Estate Specialists
(808) 791-3709
MLS #
202404884
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 1254 Lunalilo St

When was this multi-family home built and last sold?

This house was build in 1969.

What is the full address of this multi-family home?

1254 Lunalilo St, Honolulu, HI, 96822.

Are there beaches near 1254 Lunalilo St?

The nearest beach is 1.090 miles away, called Ala Moana Beach. It should take about 5 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Real Estate Specialists. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on March 06, 2024.
Hawaii House Last checked less than a minute ago.

Multi-Family Home for sale $5,000,000 1254 Lunalilo St, Honolulu, HI, 96822 0 sqft Save House Remove from Saved