Listing by: Beverly Taira, Coldwell Banker Island Prop, (808) 875-7000

0 Beds

0 Bath

n/aSqFt

Active

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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This information is believed to be accurate, but without any warranty.