Listing by: Beverly Taira, Coldwell Banker Island Prop, (808) 875-7000
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0 Beds
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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, potentially $9650 with 5th rental unit 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!
Property Details | ||
|---|---|---|
| Price | $1,599,000 | |
| Total Baths | 0 | |
| Lot Size Area | 4656 | |
| Property Type | Residential | |
| MLS Sub type | Multi Family | |
| Stories | 2 | |
| Year Built | 1956 | |
| Subdivision | PUNCHBOWL AREA | |
| View | City,Mountain(s),Ocean,Sunset | |
| Lot Description | Corner Lot,Other | |
| Laundry Features | Coin-operated | |
| Parking Description | Covered,Unassigned | |
| Parking Spaces | 3 | |
Geographic Data | ||
| County | Oahu | |
| Latitude | 21.311174 | |
| Longitude | -157.850514 | |
| Market Area | Metro | |
Address Information | ||
| Address | 1578 Pele Street, Honolulu, HI 96813 | |
| Postal Code | 96813 | |
| City | Honolulu | |
| State | HI | |
| Country | United States | |
Listing Information | ||
| Listing Office | Coldwell Banker Island Prop | |
| Listing Office Phone | (808) 875-7000 | |
| Listing Office Email | steve.baker@islandproperties.com | |
| Listing Agent | Beverly Taira | |
| Listing Agent Phone | (808) 875-7000 | |
MLS Information | ||
| Days on market | 29 | |
| MLS Status | Active | |
| Listing Date | Apr 8, 2026 | |
| Listing Last Modified | May 8, 2026 | |
| Tax ID | 1-2-2-003-017-0000 | |
| Tax Annual Amount | 7634 | |
| MLS Area | Metro | |
| MLS # | 202607167 | |
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