Hawaii Living

1622 Lusitana St (Punchbowl)

1622 Lusitana St, Honolulu
Description
150k below assessed land value!!! Great opportunity to repair or rebuild this home in a convenient location to downtown. Draftsman renderings have been added to demonstrate the possibilities, please do your own due diligence as the house is in need of repair. No interior showings will be given without an accepted offer. The inside of the home is in rough shape in the rear section. This house can be renovated but it will be involved. Previous use was non conforming with a studio and a small one bedroom unit on ground level. Upstairs is a 3 bed one bath unit. Feel free to drive by or park on site and look around the exterior. Offers will be presented to seller as they are received. This property has potential for built in equity for the right buyer willing to put in the effort to bring this home back to its former glory. 2 gas meters on site. Access to ground level is thru the gate to the left side when standing on the street looking at the home. Please call your agent with any questions. Appraised at 660k on 2/2/22. Don't miss out on this opportunity to make it your own!
Past Activity
  • Nov 22, 2023 Sold for $598,000
  • Oct 26, 2023 In Escrow
  • Oct 24, 2023 Back to Active
  • Sep 14, 2023 In Escrow
  • Sep 12, 2023 Listed at $597,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $384
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 1950
  • Zoning: 07 - R-3.5 Residential District
  • Flood Zone: Zone X
  • View: City, Garden
  • Furnished: None
  • Property Condition: Needs Major Repair
  • Security Features: Key
  • Amenities: Patio/Deck, Storage
  • TMK: 1-2-2-2-57-0
  • Tax Assessed Land: $748,800
  • Tax Assessed Improvements: $189,700
  • Tax Assessed Total: $938,500
  • Courtesy: Hillside Realty / (808) 861-5925
  • MLS: 202320956
Good to Know
See our video of Punchbowl homes.

About Punchbowl Homes
Punchbowl homes have the very enviable location just behind the prime sections of Honolulu, mauka of both the city's modern and historical centers. One thing that needs to be understood first, however, is that there are 2 sections that make up the whole, Upper and Lower Punchbowl.

Lower Punchbowl takes in the properties hugging the base of the volcanic cone, especially the eastern side, where it runs into Makiki. At certain points, those two neighborhoods blur together so either or both labels are sometimes applied to the same plac  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 07, 2024. Information is deemed reliable but not guaranteed.
Other Punchbowl Homes
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208 Huali St
2 Bds | 1 Ba
640 ft²
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Leasehold
$899,000
759 Iaukea St
3 Bds | 2 Ba
1,012 ft²
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New 33 hours ago
$915,000
1509 Emerson St
6 Bds | 2 Ba
1,008 ft²
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2826 Booth Rd
2 Bds | 1 Ba
880 ft²
Other Honolulu Homes
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1008 Rawlins Lane
4 Bds | 3 Ba
1,230 ft²
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940 Akepo Lane
4 Bds | 1 Ba
1,684 ft²
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1832 Akone Pl
4 Bds | 2 Ba
960 ft²
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1511 Kalaepaa Dr
3 Bds | 1.5 Ba
1,456 ft²
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2963 Koali Rd
1 Bd | 1 Ba
360 ft²
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2115 10th Ave
2 Bds | 1 Ba
600 ft²
  • Sold 11/20/23 at $598,000
    (List Price: $597,000)
Description
150k below assessed land value!!! Great opportunity to repair or rebuild this home in a convenient location to downtown. Draftsman renderings have been added to demonstrate the possibilities, please do your own due diligence as the house is in need of repair. No interior showings will be given without an accepted offer. The inside of the home is in rough shape in the rear section. This house can be renovated but it will be involved. Previous use was non conforming with a studio and a small one bedroom unit on ground level. Upstairs is a 3 bed one bath unit. Feel free to drive by or park on site and look around the exterior. Offers will be presented to seller as they are received. This property has potential for built in equity for the right buyer willing to put in the effort to bring this home back to its former glory. 2 gas meters on site. Access to ground level is thru the gate to the left side when standing on the street looking at the home. Please call your agent with any questions. Appraised at 660k on 2/2/22. Don't miss out on this opportunity to make it your own!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 07, 2024. Information is deemed reliable but not guaranteed.
    • Nov 22, 2023 Sold for $598,000
    • Oct 26, 2023 In Escrow
    • Oct 24, 2023 Back to Active
    • Sep 14, 2023 In Escrow
    • Sep 12, 2023 Listed at $597,000
    See our video of Punchbowl homes.

    About Punchbowl Homes
    Punchbowl homes have the very enviable location just behind the prime sections of Honolulu, mauka of both the city's modern and historical centers. One thing that needs to be understood first, however, is that there are 2 sections that make up the whole, Upper and Lower Punchbowl.

    Lower Punchbowl takes in the properties hugging the base of the volcanic cone, especially the eastern side, where it runs into Makiki. At certain points, those two neighborhoods blur together so either or both labels are sometimes applied to the same plac  .....
    Read more.
    Other Punchbowl Homes
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    208 Huali St
    2 Bds | 1 Ba
    640 ft²
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    Leasehold
    $899,000
    759 Iaukea St
    3 Bds | 2 Ba
    1,012 ft²
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    New 33 hours ago
    $915,000
    1509 Emerson St
    6 Bds | 2 Ba
    1,008 ft²
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    2826 Booth Rd
    2 Bds | 1 Ba
    880 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.