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Ohana
* Second home allowed on either a residential or an agricultural zoned property.
Surf
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Punchbowl-lower Multi-Family Homes for sale

2 multi-family home for sale

$2.25m  $250,000
Punchbowl-lower
1420 Ward Ave, Honolulu
Multi-Family Home
$2,250,000  $250,000
PRICE IMPROVEMENT! Prime investment opportunity - proforma 6.26% cap rate! This predominantly concrete 9-unit multifamily property is excellently located on Ward Ave. in the heart of Punchbowl. Unbeatable convenience with immediate access to H1 in both directions and a short distance to the vibrant dining and shopping hubs of Kakaako and Ala Moana Shopping Center. Downtown Honolulu is just 1.5 miles away. This property has under-market rents and month-to-month tenants, offering significant upside potential. Units are in classic condition, allowing a new owner to complete a value-add campaign and boost returns even further. The property includes a spacious, fenced grassy area in the back and an area for a community garden between the buildings. Individually metered for electricity and eligible for Bill 7 development. Please do not go on the property without the listing agent. Sale is subject to 1031 exchange.
$8.35m
Punchbowl-lower
1463 Lusitana St, Honolulu
Multi-Family Home
$8,350,000
20-unit fully renovated CMU apartment building in the heart of Honolulu with 20 covered parking stalls! Property is 100% leased and provides excellent, stable cash flow with income/expenses stated being based on in-place leases and budgeted expenses for the year. Property underwent a full renovation in 2021-2022 which included roof re-coating, new fences/security gates as well as a roll-down parking gate. Interior luxury finishes were completed in each unit with new paint, flooring, cabinets, counters, light and plumbing fixtures. This is an extremely rare opportunity to acquire a large, stabilized apartment building in town!
1 – 2 of 2 homes for sale
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Lifestyle & outdoors In Punchbowl-lower

5 surf spots in this area

Concessions
Type: surfing
Right and Left breaking waves - good at 2-4 four feet upwards.
Kewalos
Type: surfing
Point Panics
Type: surfing
Flies
Type: surfing
Point Panic
Type: body-surfing
Kaka'ako, Honolulu 1-5 Dangerous rocks and reef bottom

25 parks in this area

Fort Street Mall Mini Park

Chinatown Gateway Park

Queen Emma Square

Liliuokalani Botanical Garden

Kawananakoa Neighborhood Park

Foster Botanical Garden

Auwaiolimu Neighborhood Park

Kauluwela Mall

College Walk Mall

Kamamalu Neighborhood Park

River Street/Sun Yet Sen Mall

Smith-Beretania Park

Stevenson Recreation Center

Kamalii Mini Park

Union Street Mall

Dole Community Park

Robert W. Wilcox Mini Park

Fort Street Mall

State Capitol

Iolani Palace State Monument

Piikoi Street Mini Park

Thomas Square

Kawaiahao Mini Park

Mother Waldron Neighborhood Park

Sheridan Community Park

1 beach in this area

Ala Moana Beach

2 golf courses in this area

Ala Wai Golf Course

Oʻahu Country Club

Essentials in Punchbowl-lower

Hospital is about 6 min walk
Supermarket is about 12 min walk
Farmers market is about 8 min walk
Airport is about 11 min drive
Costco is about 17 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Walkability in Punchbowl-lower

15 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Schools nearby Punchbowl-lower

3 /10
GreatSchools.org
Rating
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
3 /10
GreatSchools.org
Rating
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
No middle schools nearby
3 /10
GreatSchools.org
Rating
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
School ratings provided by Greatschools.org © 2023. All rights reserved.

Living in Punchbowl-lower Punchbowl-lower is a neighborhood in the Honolulu district of Oahu.

Supermarkets are about 12 min walk, the nearest Hospital is about 6 min walk and the airport is about 11 min drive.

Punchbowl-lower is very walkable.

There are 25 parks in this area, and 1 public beach. Nearby lifestyles include surfing, body surfing and golf.

Housing Market Trends for Punchbowl-lower

There are currently 15 real estate listings for sale in Punchbowl-lower. This includes homes, condos, multi-family homes, and vacant land.
The average listing price in Punchbowl-lower for condos is $256,761 and for homes is $1,351,292. The median sales price for Punchbowl-lower over the last 90 days is $450,000, a 2% increase of $8,500 year over year. If we break this down per property types we see that the median sales price for homes is $875,000 and for condos $442,500.
The number of sales in the last 60 days are 3. The average days Punchbowl-lower properties stay on the market before being sold is 71 days.

Punchbowl-lower is a neighborhood located in the
Honolulu
district on the island of
Oahu
.

Average Listing Price Punchbowl-lower for condos & homes

Median Sales Price Punchbowl-lower for condos & homes

Number Of Sales Punchbowl-lower for condos & homes

* information deemed reliable, but not guaranteed
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