1578 Pele Street, Honolulu, HI 96813

• 3,634 sqft

Property Description

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!

Listing Status:

Active

Date Added:

April 8, 2026

Data Last Updated:

May 20, 2026 at 5:20AM

Listing Office:

Coldwell Banker Island Prop : (808) 875-7000

MLS ID:

202607167

Interior

• Appliances: DryerWasher
• Laundry: Coin-operated
• A/C: Central Air

Exterior

• Parking: CoveredUnassignedParking spaces: 3

Construction

• General: OtherSingle WallWood Frame2

Location

• Road/Access: Other
• Originating MLS: HICMLS
• County: Oahu

Lot

• Topography: Sloping
• Zoning: 1-2-2-003-017-0000
• View: CityMountain(s)OceanSunsetView

Utilities

• Utilities: Above Ground UtilitiesCable AvailableElectricity AvailableHigh Speed Internet AvailablePhone AvailableSewer AvailableWater AvailableSewer Connected
• Water: Public
• Sewer: Connected

Financial

• Source: HICMLS