Motivated Sellers! Price reduction. 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 $5,400 in monthly rental income, the additional 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!
Active
Price cut: $46K (5/2)
$1,649,000
1578 Pele St, Honolulu, HI 96813
7beds
3,634sqft
Est.:
Single Family Residence
Built in 1956
-- sqft lot
$1,601,200 Zestimate®
$454/sqft
$-- HOA
What's special
- 50 days
- on Zillow |
- 739 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: May 04, 2025 at 08:00pm
Listed by:
Beverly Taira 808-292-6482,
CENTURY 21 Homefinders of HI,
Charles L Chow 808-387-5289,
CENTURY 21 Homefinders of HI
Source: HiCentral MLS,MLS#: 202507013

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Carpet, Laminate, Vinyl
Interior area
- Total structure area: 3,794
- Total interior livable area: 3,634 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Three or more Spaces, On Street
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Has view: Yes
- View description: City, Mountain(s), Ocean, Sunset
- Has water view: Yes
- Water view: Ocean
- Frontage type: Other
Lot
- Features: Cleared, Corner Lot
- Topography: Sloping
Details
- Parcel number: 1220030170000
- Zoning description: 07 - R-3.5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached,Multiplex
- Property subtype: Single Family Residence
Materials
- Double Wall, Other, Stone, Wood Frame
Condition
- Average Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Security: Closed Circuit Camera(s), Key Card Entry
- Subdivision: Punchbowl Area
HOA
- Services included: None
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $454/sqft
- Tax assessed value: $1,378,700
- Annual tax amount: $8,317
- Date on market: 3/17/2025
- Inclusions: AC Split, Ceiling Fan, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Security System, Smoke Detector, Washer, Water Heater
- Loading
- Loading