$2,500,000

1449 Punchbowl St Honolulu, HI 96813

Downtown Honolulu Neighborhood

Estimated payment $14,053/month

Total Views 264
-- Bed
-- Bath
3,432 Sq Ft
$728 Price per Sq Ft

About This Home

Consider This Rare Development Opportunity – Explore the potential of this unique site with plans that align with Bill 7 provisions. Proposed development includes a 5-story residential apartment building featuring 21 units and 11 parking stalls. Rendered images reflect an development option to maximize rental income—subject to zoning and permit approvals. Don’t miss this chance to invest in a high-demand area with strong development upside. Centrally located investment opportunity near Queens Hospital. The existing hollow tile building has 6 spacious 2-bedroom apartments with custom cabinets and counter tops. Highlights are walking distance to Queen's Hospital, State Capitol, and minutes from downtown Honolulu. Easy access to H1 Highway and bus stops.

Listing Agent

Kevin Uyeda

CENTURY 21 Paradise Intl. Brokerage Phone: (808) 521-4200 License #RB-16212 Listed on: 08/26/2025

CENTURY 21 Paradise Intl.

Co-Listing Agent

Tiffany Lin

CENTURY 21 Paradise Intl. Brokerage Phone: (808) 521-4200 License #RS-68841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,496

Year Built

  • Built in 1953

Lot Details

  • 7,311 Sq Ft Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry in unit
  • Washer

Parking

  • 8 Parking Spaces
  • Open Parking
  • Assigned Parking

Schools

  • Royal Elementary School
  • Keelikolani Middle School
  • Mckinley High School

Listing and Financial Details

  • Assessor Parcel Number 1-2-1-022-011-0000

Community Details

Overview

  • 6 Units
  • Punchbowl Lower Subdivision

Building Details

  • Operating Expense $35,648
  • Net Operating Income $76,089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,496

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Co List Office Mls Id: CEPA
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1953
  • Attribution Contact: (808) 521-4200
  • CommunityFeatures: None
  • LaundryFeatures: In Unit
  • NAV29_Unit_1_Appliances: Washer
  • Co List Office Phone: (808) 521-4200
  • MLS Status: Active
  • Subdivision Name: PUNCHBOWL-LOWER
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile
  • Lot Features: Cleared, Corner Lot, Level
  • Property Condition: Good Condition
  • Topography: Level,Other
  • View: None
  • View: No
  • Disclosures: Familial Relation, Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 8.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Schools

  • Elementary School: Royal
  • High School: Mckinley
  • Middle Or Junior School: Keelikolani

Lot Info

  • Parcel Number: 1-2-1-022-011-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 76089.0
  • Annual Operating Expense: 35648.0
  • Tenant Pays: Cable TV, Electricity, Water
  • Total Actual Rent: 8525.0

Tax Info

  • Tax Annual Amount: 5496.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,503 $1,570,500 $1,414,000 $156,500
2024 $5,503 $1,572,200 $1,414,000 $158,200
2023 $5,486 $1,567,500 $1,414,000 $153,500
2022 $4,994 $1,426,800 $1,279,300 $147,500
2021 $5,364 $1,532,600 $1,380,300 $152,300
2020 $5,421 $1,548,900 $1,380,300 $168,600
2019 $4,829 $1,379,700 $1,212,000 $167,700
2018 $4,463 $1,275,200 $1,111,000 $164,200
2017 $4,178 $1,193,800 $1,010,000 $183,800
2016 $3,930 $1,122,900 $942,700 $180,200
2015 $4,198 $1,199,500 $909,000 $290,500
2014 -- $1,191,000 $909,000 $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $2,500,000 0.0% $728 / Sq Ft
04/24/2023 04/24/23 Off Market $1,450 -- --
04/21/2023 04/21/23 Rented $1,450 0.0% --
03/17/2023 03/17/23 For Rent $1,450 +3.6% --
04/19/2022 04/19/22 Off Market $1,400 -- --
04/17/2022 04/17/22 Rented $1,400 0.0% --
04/05/2022 04/05/22 For Rent $1,400 +7.7% --
07/20/2018 07/20/18 Rented $1,300 -3.3% --
06/20/2018 06/20/18 Under Contract -- -- --
06/16/2018 06/16/18 For Rent $1,345 +12.1% --
12/15/2012 12/15/12 Rented $1,200 -99.9% --
11/15/2012 11/15/12 Under Contract -- -- --
11/01/2012 11/01/12 Sold $1,270,000 0.0% $370 / Sq Ft
11/01/2012 11/01/12 For Rent $1,200 0.0% --
10/02/2012 10/02/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $1,350,000 -- $393 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $1,270,000 Tg
Deed $1,270,000 Tg
Personal Reps Deed $950,000 Tg
Warranty Deed $1,250,000 Fntic
Deed $950,000 --
Warranty Deed $700,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Unknown
Previous Owner $720,000 Commercial
Previous Owner $300,000 Commercial
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202517626

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-1-022-011-0000

Hawaii Honolulu County Honolulu 96813 Downtown Honolulu

1449 Punchbowl St, Honolulu, HI

This home is located at 1449 Punchbowl St, Honolulu, HI 96813 and is currently priced at $2,500,000, approximately $728 per square foot. This property was built in 1953. 1449 Punchbowl St is a home located in Honolulu County with nearby schools including Royal Elementary School, Princess Ruth Ke'elikolani Middle School, and President William McKinley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd

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Listing Agent
Kevin Uyeda
Section Image
CENTURY 21 Paradise Intl.
(808) 736-1421