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1453 Pele St, Honolulu, HI, 96813

--beds
0baths
2,383sqft
$995,000
$418price/sqft
$6,006/moest. monthly cost
$240,240/yrincome needed

About This Home

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.

Getting Around

92
WalkingWalker's Paradise
78
TransitExcellent Transit
44
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Repairs Major
  • Year built: 1952

Materials

  • Foundation: Slab
  • Construction materials: Hollow Tile,Single Wall

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Washer

Interior Area

  • Total structure area: 2,383
  • Total interior livable area: 2,383 sqft

Property

Details

  • Parcel number: 1210220400000
  • Zoning description: 12 - A-2 Medium Density Apartme
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: None
  • Topography of land: Sloping

Lot

  • Features: Cleared,Corner Lot

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding
Lightning

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$184$2,208
Property Taxes $24$288
Electricity $767$9,208
Total$6,006$72,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,920/yr
40% on housing$180,180/yr
45% on housing$160,160/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$418This listing

vs Other Active Listings

Avg $/sqft

ZIP 96813$607
Honolulu County$747

vs Homes Sold Last Month

Median $/sqft

ZIP 96813$595
Honolulu County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-22Listed for sale$995,000

For Sale by Agent

AgentJoshua K Martin
BrokerageCentral Oahu Real Estate LLC

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