| Description | Brand New Roof - 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. Or 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. |
|---|---|
| Status | Contract since 08-22-2026 |
| MLS# | 202616143 |
| Price | $2,200,000 |
| Original Price | $2,200,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 0 |
| Two Bed Units | 6 |
| Three Bed Units | 0 |
| Living Sq Ft | 3,432 |
| Land Sq Ft | 7,311 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1449 Punchbowl Street Honolulu HI 96813 |
| Region | Metro |
| Neighborhood | Punchbowl-Lower |
| Days on Market | 30 |
| Year Built | 1953 |
| Condition | Above Average |
| View | None |
| Parking | Assigned, Open |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $458 |
| Assessed Land | $1,414,000 |
| Assessed Building | $156,500 |
| Assessed Total | $1,570,500 |
| Assessed Ratio | 140% |
| Utilities | Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone |
| Construction | Hollow Tile, Slab |
| Lot Features | Clear |
| Disclosures | Property Disclosure Stmt, Relative of Licensee |
| Land Recorded | Regular System |
| Possession | Subject To Tenancy |
| Sale Conditions | None |
| Topography | Level, Other |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-2-1-022-011-0000 |
| Listing courtesy of | KLU Real Estate Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-21-2026 | 202616143 | Active Under Contract | A | C | $2,200,000 | $0 | $1,570,500 | $1,414,000 | $156,500 |
| 08-22-2026 | 202616143 | New Listing | A | $2,200,000 | $0 | $1,570,500 | $1,414,000 | $156,500 | |
| 08-01-2026 | 202517626 | Expired | A | X | $2,500,000 | $0 | $1,570,500 | $1,414,000 | $156,500 |
| 08-26-2025 | 202517626 | New Listing | A | $2,500,000 | $0 | $1,570,500 | $1,414,000 | $156,500 | |
| 11-01-2012 | 1210584 | Sold | C | S | $1,350,000 | $1,270,000 | $1,073,500 | $895,500 | $178,000 |
| 10-11-2012 | 1210584 | Active Continue to Show | A | C | $1,350,000 | $1,270,000 | $1,073,500 | $895,500 | $178,000 |
| 09-19-2012 | 1210584 | New Listing | A | $1,350,000 | $1,270,000 | $1,073,500 | $895,500 | $178,000 | |
| 08-03-2006 | 2519728 | Sold | C | S | $1,350,000 | $1,250,000 | $818,600 | $645,900 | $172,700 |
| 05-23-2006 | 2519728 | Active Continue to Show | A | C | $1,350,000 | $1,250,000 | $818,600 | $645,900 | $172,700 |
| 02-13-2006 | 2519728 | Price Decrease | $1,390,000 | $1,350,000 | $1,350,000 | $1,250,000 | $818,600 | $645,900 | $172,700 |
| 01-17-2006 | 2519728 | Price Decrease | $1,400,000 | $1,390,000 | $1,350,000 | $1,250,000 | $818,600 | $645,900 | $172,700 |
| 11-15-2005 | 2519728 | New Listing | A | $1,350,000 | $1,250,000 | $818,600 | $645,900 | $172,700 | |
| 06-09-2005 | 2502030 | Sold | P | S | $875,000 | $950,000 | $818,600 | $645,900 | $172,700 |
| 04-27-2005 | 2502030 | Pending | C | P | $875,000 | $950,000 | $818,600 | $645,900 | $172,700 |
| 08-23-2003 | 2306051 | Sold | C | S | $715,000 | $700,000 | $572,500 | $433,000 | $139,500 |
| 08-23-2003 | 2306051 | Price Decrease | $715,000 | $700,000 | $715,000 | $700,000 | $572,500 | $433,000 | $139,500 |
| 05-12-2003 | 2306051 | New Listing | A | $715,000 | $700,000 | $572,500 | $433,000 | $139,500 |
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