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1538 Pele Street, Honolulu, HI, 96813
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1538 Pele Street, Honolulu, HI 96813

$2,900,000 $2,995,000 Multi-Family Home sold 4,107 sqft Neighborhood:  Punchbowl-lower Sold 09/18/2024 $2,900,000 $2,995,000
8 min walk to Dole Community Park
4 min drive to Ala Moana Beach
6 min drive to Oʻahu Country Club
4 min drive to Point Panic
4 min drive to Kewalos
About lifestyles
Makiki Zero Plex offers a stunning and modern Four-Unit Apartment complex with a variety of units. The property consists of two 2-bedroom, 2-bathroom units and two 3-bedroom, 3-bathroom units, providing a total of four unique rentals. Each unit boasts a spacious and contemporary layout, complete with in-unit washers and dryers, well-appointed built-in cabinets, and modern appliances. Notable features include a solar canopy that provides shade on the private patios, freshly painted exteriors, and newly stained planter boxes that enhance the overall curb appeal. Additionally, all units are equipped with split air conditioning, ceiling fans in every room, and ample parking. The 2-bedroom units offer two garaged parking stall tandems, while the 3-bedroom units feature a two-car garage with side-by-side parking. Moreover, there is space for an additional 2 cars on the driveway behind each garage. Each unit has its own electrical and water meter, and tenants are responsible for paying for cable and internet. The owner would only need to cover management fees, property tax, and insurance.
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Multi-family details

2008 year built
  • Year Built 2008
  • Year Remodeled 2024
  • Original list price $3,600,000
  • Days on market 220
  • Building type Duplex,Multi Dwellings
  • Price per sqft $706/sqft
  • Address

    1538 Pele Street, Honolulu, HI, 96813

  • Frontage Other
  • Neighborhood Punchbowl-lower
  • Land tenure FS - Fee Simple
  • Land SqFt 4,980 sqft
  • View City, Ocean, Sunrise

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$14,787
Taxes
$759
HOA dues
$0
$15,546 per month
Mortgage
Down payment
$580,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $14,787 / month

Neighborhood: Punchbowl-lower

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
15.67 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

4 total units
# of 1 Bd
0
# of 2 Bd
2
# of 3 Bd
2
Total Units
4

Amenities & Features

16 parking places
Stories
Three
Furnished
None
Roof
Custom/Specialty
Construction
Above Ground, Concrete, Double Wall, Masonry/Stucco, Slab, Steel Frame
Utilities
Cable, Internet, Private Water, Sewer Fee, Telephone, Underground Electricity, Water
Property Condition
Above Average
Parking
Assigned, Covered, Open, Tandem
nr.of parking places
16
Amenities
A/C

Income

Net Operating Income: $153,852
Total Actual Rent
$14,796
Total Annual Operating Expenses
$1,200
Total Income
$177,252
Net Operating Income
$153,852

Punchbowl-lower prices

Average price $319.38k
Neighborhood average sales price*
$319.38k
Neighborhood median sales price*
$337k
Number or sales*
18
Median sale price Century Park Plaza*
$285k
*last 6 months

Schools

15 schools with rating up to 6
School rating Distance
3
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
Elementary School
0.209mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
Middle School
0.246mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
High School
0.246mi
School rating Distance
3
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.209mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.246mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.311mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.436mi
NR
Soto Academy
1708 Nuuanu Avenue, Honolulu, HI 96817
0.548mi
School rating Distance
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.246mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.246mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.311mi
6
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.321mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.436mi
School rating Distance
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.246mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.246mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.311mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.366mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.648mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Feb 18, 2005
Date Event Price $/sqft Source
Feb 18, 2005 Sold $410,000 -8.89% from last sold price $99.83 Public Record
Dec 8, 2004 Active Under Contract $450,000 $109.57 MLS #2417570
Nov 10, 2004 New Listing $450,000 +20% $109.57 MLS #2417570
Feb 19, 2004 Cancelled $375,000 $91.31 MLS #2308154
Sep 16, 2003 Active Under Contract $375,000 $91.31 MLS #2308154
Jun 27, 2003 Hold $375,000 $91.31 MLS #2208202
Jun 27, 2003 New Listing $375,000 $91.31 MLS #2308154
Mar 14, 2003 Price Decrease $375,000 -11.76% $91.31 MLS #2208202
Sep 19, 2002 Price Decrease $425,000 -14.14% $103.48 MLS #2208202
Aug 20, 2002 Back On Market $495,000 $120.53 MLS #2208202
Aug 7, 2002 Hold $495,000 $120.53 MLS #2208202
Aug 7, 2002 New Listing $495,000 $120.53 MLS #2208202
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Tax & MLS details 1538 Pele Street, Honolulu, HI, 96813

12 - A-2 Medium Density Apartme zoning / MLS #202403473
Current Property Taxes p/month
$759
Property Tax Year
2023
Assessed Improvement value
$1,555,400
Assessed Land value
$1,046,900
TMK
1-2-1-021-035-0000
Land Recorded
Dual Systems
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Up Slope
Location
Corner
Lot Description
Other
Property Setbacks
Of Record
Total Assessed value
$2,602,300
Listed by
Agora Hawaii
(808) 800-4152
MLS #
202403473
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

Similar homes nearby 1538 Pele Street in Punchbowl-lower

Recently sold nearby 1538 Pele Street in Punchbowl-lower

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Frequently asked questions for 1538 Pele Street

When was this multi-family home built and last sold?

This house was build in 2008 and sold in 2024.

What is the full address of this multi-family home?

1538 Pele Street, Honolulu, HI, 96813.

Are there beaches near 1538 Pele Street?

The nearest beach is 1.344 miles away, called Ala Moana Beach. It should take about 4 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Agora Hawaii. Some active listings appearing on this site may be listed by other REALTORS®. 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on September 18, 2024.
Hawaii House Last checked less than a minute ago.

Multi-Family Home sold $2,900,000 $2,995,000 1538 Pele Street, Honolulu, HI, 96813 4,107 sqft Save House Remove from Saved