Listing Image
MLS: 202610003 (Active - For Sale)
 
Asking Price: $995,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1453 Pele Street, Honolulu, HI
Neighborhood: Punchbowl-lower
Land Area: 3,706 SF
Days on Market: 1
Year Built: 1952
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Dual Systems
Property Taxes: $25
Assessed Value: $898,500
Assessed Ratio: 110.74%
Listing Courtesy: Central Oahu Real Estate LLC


1453 Pele Street presents a rare value-add opportunity in the heart of urban Honolulu. Currently owned by a non-profit organization and operated as a transitional housing facility, this multi-unit property offers flexible configuration potential for investors, contractors, or organizations seeking to reposition and renovate. The upper level features two separate 2-bedroom/1-bath units, while the lower level includes 9 individual bedrooms with shared kitchen and bath facilities. Situated on a centrally located lot near downtown Honolulu, The Queens Medical Center, freeway access, and public transportation. Property requires substantial renovation and is being sold As-Is. Excellent opportunity to restore, redevelop, or reimagine this unique A-2 Apartment zoned property.


 
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