Listing Image
MLS: 202607167 (Active - For Sale)
 
Asking Price: $1,599,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1578 Pele Street, Honolulu, HI
Neighborhood: Punchbowl Area
Land Area: 4,656 SF
View: City,Mountain,Ocean,Sunset
Parking: Covered,Unassigned
Amenities: A/C
Days on Market: 13
Year Built: 1956
Zoning: 07 - R-3.5 Residential District
Land Recorded: Land Court
Property Taxes: $636
Assessed Value: $1,428,300
Assessed Ratio: 111.95%
Listing Courtesy: Coldwell Banker Island Prop


Multi-Unit Investment Opportunity in Prime Punchbowl Location with beautiful ocean, sunset, mountain, and city views from the balcony! A rare find in the Punchbowl area! This versatile property features two separate structures with a total of five units, offering an incredible investment opportunity. With four units currently generating $5,650 in monthly rental income, the recently renovated 3-bedroom unit provides flexibility—live on-site or rent it out for even more revenue! The property includes a carport for three vehicles, copper piping in the main unit, and a highly desirable location with proximity to UH Manoa, HPU, community colleges, hospitals, downtown, and major conveniences. Investor-friendly and tenant-occupied—please allow 48-hour notice for showings. Do not disturb tenants. Don’t miss this chance to own a fantastic income-producing property in a prime Honolulu location!


 
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