1402 Lusitana St, Honolulu, HI, 96813
About This Home
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.
Getting Around
Walker's Paradise
Excellent Transit
BikeableSchools
Construction
Condition
- Property condition: Average Condition
- Year built: 1918
Materials
- Foundation: Slab
- Construction materials: Hollow Tile,Other
Notable Dates
- Major remodel year: 1978
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Property
Details
- Parcel number: 1210220180000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
- Topography of land: Level
Lot
- Features: Cleared,Level
Parking
- Total spaces: 2
- Parking features: Covered
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Hawaii Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,205 | $86,460 |
| Home Insurance * | $264 | $3,168 |
| Property Taxes | $1,513 | $18,156 |
| Electricity | $374 | $4,497 |
| Total | $9,356 | $112,272 |
Income You'd Need if You Spent...
Hawaii FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-27 | Listed for sale | $1,425,000 |
| 2026-01-18 | Listing removed | $1,425,000 |
| 2025-10-06 | Price change | $1,425,000 |
| 2025-08-26 | Price change | $1,599,000 |
| 2025-01-29 | Listed for sale | $1,650,000 |
| 2024-11-01 | Listing removed | $1,650,000 |
| 2024-10-01 | Listed for sale | $1,650,000 |
| 2024-06-14 | Listing removed | $1,799,000 |
| 2023-11-06 | Listing removed | $1,750,000 |
| 2023-08-28 | Listed for sale | $1,750,000 |
| 2023-01-10 | Listing removed | -- |
| 2022-10-19 | Listed for sale | $1,799,000 |
| 2022-06-27 | Listing removed | $1,799,000 |
| 2022-05-23 | Listed for sale | $1,799,000 |
| 2022-05-06 | Listing removed | $1,799,500 |
| 2022-03-14 | Listed for sale | $1,799,500 |
| 2022-02-25 | Listing removed | -- |
| 2022-02-17 | Price change | $1,849,000 |
| 2021-10-27 | Price change | $1,990,000 |
| 2021-09-22 | Price change | $2,050,000 |
| 2021-05-25 | Listed for sale | $2,250,000 |
| 2018-04-11 | Sold | $1,475,000 |
| 2005-06-17 | Sold | $380,000 |
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