| Description | 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 $2,300. Main house leases end Oct 31, 2025 and Cottage lease ends May 31, 2026. 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. |
|---|---|
| Status | Sold since 05-14-2025 |
| MLS# | 202512181 |
| Price | $899,000 |
| Original Price | $950,000 |
| Price Change | $-51,000 (-5.37%) |
| Beds / Baths / Half | 5 / 3 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 1,622 |
| Land Sq Ft | 1,641 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1704 Kamamalu Avenue Honolulu HI 96813 |
| Region | Metro |
| Neighborhood | Punchbowl Area |
| Days on Market | 70 |
| Year Built | 1923 |
| Year Remodeled | 1963 |
| Condition | Above Average |
| View | None |
| Pool | None |
| Parking | 1 Car, Street |
| Zoning | 07 - R-3.5 Residential District |
| Flood Zone | Zone X |
| Tax Amount | $233 |
| Assessed Land | $568,100 |
| Assessed Building | $229,600 |
| Assessed Total | $797,700 |
| Assessed Ratio | 113% |
| Inclusions | Cable TV, Ceiling Fan, Disposal, Dryer, Range/Oven, Refrigerator, Washer |
| Utilities | Cable, Connected, Gas, Overhead Electricity, Telephone |
| Construction | Single Wall |
| Lot Features | Clear |
| Flooring | Laminate, W/W Carpet |
| Disclosures | Property Disclosure Stmt |
| Furnished | Partial |
| Land Recorded | Regular System |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Terraced |
| Building Style | 1 Bedroom Cottage, Detach Single Family, Multiple Dwellings |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-2-2-007-021-0000 |
| Listing courtesy of | Ivy K Realty, LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-11-2025 | 202512181 | Sold | C | S | $899,000 | $900,000 | $797,700 | $568,100 | $229,600 |
| 07-23-2025 | 202512181 | Active Under Contract | A | C | $899,000 | $900,000 | $797,700 | $568,100 | $229,600 |
| 06-12-2025 | 202512181 | Price Decrease | $950,000 | $899,000 | $899,000 | $900,000 | $797,700 | $568,100 | $229,600 |
| 05-16-2025 | 202512181 | New Listing | A | $899,000 | $900,000 | $797,700 | $568,100 | $229,600 | |
| 05-05-2010 | 2911665 | Withdrawn | A | W | $599,000 | $0 | $522,200 | $400,700 | $121,500 |
| 11-24-2009 | 2911665 | Back On Market | C | A | $599,000 | $0 | $522,200 | $400,700 | $121,500 |
| 11-16-2009 | 2911665 | Active Continue to Show | A | C | $599,000 | $0 | $522,200 | $400,700 | $121,500 |
| 09-01-2009 | 2911665 | New Listing | A | $599,000 | $0 | $522,200 | $400,700 | $121,500 |
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