About 1578 Pele Street
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!
Features of 1578 Pele Street
| MLS® # | 202607167 |
|---|---|
| Price | $1,549,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1956 |
| Status | Active |
Additional Information
| Date Listed | April 8th, 2026 |
|---|---|
| Days on Market | 159 |
| Land Tenure | FeeSimple |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Community Information
| Address | 1578 Pele Street |
|---|---|
| Subdivision | PUNCHBOWL AREA |
| City | Honolulu |
| County | Oahu |
| State | HI |
| Zip Code | 96813 |
Amenities
| Features | Corner Lot, Other |
|---|---|
| Garages | Covered, Unassigned |
| View | City, Mountain(s), Ocean, Sunset |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Washer |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Stories | 2 |
| Has Basement | No |
Listing Details
| Office | Coldwell Banker Island Prop |
|---|