$899,000
$51K PRICE DROP

Estimated payment $5,175/month

Total Views 130,052
5 Beds
3 Baths
1,622 Sq Ft
$554 Price per Sq Ft

Highlights

  • Hot Property
  • 1 Car Garage
  • 1-Story Property
  • President Theodore Roosevelt High School Rated A
  • Terraced Lot

About This Home

Grandfathered legal multifamily in desirable Lower Punchbowl! An excellent investment or live+rent opportunity. There are 3 electric meters & 3 gas meters. This property features two 2br/1ba units renting for $2,000 each and one 1br/1ba unit renting for $1,500. Tenants are on M2M leases offering flexibility. Enjoy close proximity to Downtown, Ala Moana, Kakaako, and Chinatown. Features a low maintenance yard, one parking pad, and ample street parking. Live in one unit and subsidize your mortgage or benefit from great cashflow. Open House Sun Jun 15, 2025 1:00-4:00pm

Listing Agent

Marc Kumai

Ivy K Realty, LLC Brokerage Phone: (808) 591-5660 License #RB-18403 Listed on: 05/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 1923

Lot Details

  • 1,641 Sq Ft Lot
  • Terraced Lot
  • Zoning described as 07 - R-3.5 Residential District

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,622 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Punchbowl Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-2-2-007-021-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,792

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Cottage, Detached, Multiplex
  • Inclusions: Cable TV,Ceiling Fan,Disposal,Dryer,Range/Oven,Refrigerator,Washer
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1923
  • Attribution Contact: (808) 591-5660
  • Road Surface Type: Paved
  • MLS Status: Active
  • Subdivision Name: PUNCHBOWL AREA
  • Unit Levels: One
  • Living Area: 1622.0
  • New Construction: No
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Furnished: Partially
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall
  • Lot Features: Cleared, Corner Lot
  • Pool Features: None
  • Property Condition: Good Condition
  • Topography: Terraced
  • View: None
  • View: No
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: One Car Garage, One Space, On Street
  • Total Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Attached Garage: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Other, Phone Available

Lot Info

  • Parcel Number: 1-2-2-007-021-0000
  • Zoning Description: 07 - R-3.5 Residential District

Tax Info

  • Tax Annual Amount: 2791.92

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 $2,792 $746,400 $611,800 $134,600
2024 $2,792 $797,700 $568,100 $229,600
2023 $2,725 $778,500 $565,500 $213,000
2022 $2,221 $634,500 $514,100 $120,400
2021 $2,316 $661,800 $488,400 $173,400
2020 $2,261 $646,100 $475,500 $170,600
2019 $2,468 $705,000 $475,500 $229,500
2018 $2,221 $634,700 $475,500 $159,200
2017 $2,252 $643,400 $411,300 $232,100
2016 $2,110 $602,800 $347,000 $255,800
2015 $1,960 $560,000 $329,000 $231,000
2014 $1,736 $487,200 $323,900 $163,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $899,000 -5.4% $554 / Sq Ft
05/14/2025 05/14/25 For Sale $950,000 -- $586 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $575,000 Fidelity National Title Ins
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $368,000 New Conventional
Previous Owner $373,750 Unknown
Previous Owner $135,000 No Value Available
Source: Public Records

About the Listing Agent

Marc Kumai

Ivy K Realty, LLC

(808) 650-7340

Section Image

Not a lot of agents can say they got their client $450K more than the 2 neighbors that sold on the same street, but I CAN!! When it comes to negotiating no one does it better than Marc Kumai. He is a fighter and will fight for the highest price or best deal for you. Not driven by money, but a passion for helping others.

1146 Davenport sold for $1,250,000
1156 Davenport sold for $1,250,000
1150 Davenport sold for $1,700,000

Marc's Other Listings

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    Experience the charm of studio living in the Prince Tower at Queen Emma Gardens, complete with captivating city and mountain views. This building offers more than just security; enjoy unique amenities like a BBQ area perfect for entertaining and a tranquil teahouse. Plus, electricity is included in your maintenance fees. Ample guest parking adds to the convenience. This property is being sold

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  • 1511 Nuuanu Ave Unit 337, Honolulu, HI 96817

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    Queen Emma Gardens Studio in the Prince Tower. Unit offers city and mountain views. The building provides security features and amenities including a BBQ area and a teahouse. Maintenance fees include electricity. Ample guest parking is available. This property is being sold in "as-is" condition.

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  • 1665 Piikoi St, Honolulu, HI 96822

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  • 801 South St Unit 3728, Honolulu, HI 96813

    $762,000 Under Contract

    • 2 Beds
    • 1.5 Baths
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  • 1296 Kapiolani Blvd Unit II3805, Honolulu, HI 96814

    $888,000

    • 2 Beds
    • 2 Baths
    • 1,105 Sq Ft
    • 1296 Kapiolani Blvd
    • Unit II3805
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    Welcome to the Moana Pacific, a luxury condominium located right where Ala Moana meets Kakaako. This is the hottest area to be in when it comes to the night life, best restaurants Oahu has to offer, and the largest open air shopping mall in the world. The 05 stacks are the most popular because of their panoramic ocean view. Enjoy scenic views during the day and the Honolulu city lights at night.

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  • 1263 Alewa Dr Unit 7, Honolulu, HI 96817

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    This cozy three-bedroom, two-bathroom home in Alewa Heights, though in its original condition, has been well maintained. Inside, it is equipped with three newer split air conditioning units, and a former patio has been enclosed to create a home office with a skylight. Residents can enjoy exceptional views encompassing the city, ocean, Diamond Head, and Punchbowl. The property itself features

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  • 1550 Rycroft St Unit 528, Honolulu, HI 96814

    $309,900 Under Contract

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  • 1215 Alexander St Unit 1201, Honolulu, HI 96826

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  • 1031 Ala Napunani St Unit PH1103, Honolulu, HI 96818

    $495,000

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    • 1031 Ala Napunani St
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    Updated 2 Bed, 1.5 Bath Condo in Dynasty Tower - Rare Opportunity! Kitchen and bathroom renovations completed in 2012. Features include an enclosed lanai, 2 assigned parking stalls, and in-unit washer/dryer. Located in a secure, Pet-friendly building (confirm details with Dynamic) with excellent amenities: on-site manager, pool, recreation area. Prime location near shopping, dining, freeway

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202512181

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-2-007-021-0000