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2138 Kanealii Ave (Punchbowl)

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2138 Kanealii Ave, Honolulu
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Tracy Yamato

Tracy Yamato

Certified Residential Specialist
Realtor, RS-51972

Mobile: (808) 372-2274

Email: Tracy@HawaiiLiving.com

"Let my over 33 years of experience work for you."
Client Testimonials
We are expert real estate agents who know Punchbowl very well and have sold many homes in Honolulu. We would be happy to assist you too.
Description
An investment opportunity of three dwellings with six units of 2 bdrm/1 bath in Pauoa Valley. This property includes three TMK's 1-2-2-11-15-1, 1-2-2-11-15-2, and 1-2-2-11-15-3. Each unit is separately addressed as 2138, 2138-A, 2138-B, 2138-C, 2138-D, 2138-E Kanealii Ave. Units have been renovated as tenants vacate. Each dwelling has photovoltaic, and each unit is separately metered, has individual laundry & hot water, with dedicated parking. Located in a convenient neighborhood with multiple commuting options to downtown, hospitals, and universities, this property is consistently fully-tenanted to add value to your investment portfolio. Owner is also listing adjacent property 2134 Kanealii Ave.
Recent Activity
  • Oct 13, 2025 Listed at $2,450,000
Recent Sales
(Punchbowl)
More Details
  • Owner, Tax & Resale History
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 2021
  • Zoning: 07 - R-3.5 Residential District
  • Flood Zone: Zone X
  • View: City, Mountain
  • Furnished: Partial
  • Property Condition: Above Average
  • Amenities: A/C
  • TMK: 1-2-2-11-15-1
  • Tax Assessed Land: $2,403,300
  • Tax Assessed Improvements: $621,900
  • Tax Assessed Total: $3,025,200
  • Courtesy: Agora Hawaii / (808) 800-4152
  • MLS: 202520182
Ask Tracy a Question
About Punchbowl
See our video of Punchbowl homes.

Punchbowl homes have the very enviable location just behind the prime sections of Honolulu, mauka of both the city's modern and historical centers. One thing that needs to be understood first, however, is that there are 2 sections that make up the whole, Upper and Lower Punchbowl.

Lower Punchbowl takes in the properties hugging the base of the volcanic cone, especially the eastern side, where it runs into Makiki. At certain points, those two neighborhoods blur together so either or both labels are sometimes applied to the same place.

Lower has been es  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
Other Punchbowl Homes
$2,450,000
2134 Kanealii Ave
9 Bds | 6.5 Ba
4,254 ft²
$2,300,000
404 Magellan Ave
Multi-Family

$2,888,000
1640 Lusitana St
10 Bds | 10 Ba
3,634 ft²
$2,000,000
2153 Booth Rd
11 Bds | 5 Ba
4,494 ft²
Other Honolulu Homes
Paiko Lagoon
$2,450,000
Waialae Iki
$2,450,000
1789 Laukahi St
5 Bds | 4.5 Ba
3,216 ft²
Dowsett
$2,488,000
55-A Old Pali Pl
2 Bds | 2.5 Ba
3,005 ft²
Makiki
$2,499,000
1214 Nehoa St#A
5 Bds | 4 Ba
3,052 ft²
Kuliouou
$2,400,000
466 Lani St
4 Bds | 4 Ba
3,950 ft²
Kapiolani
$2,500,000
2458 Wilder Ave
Multi-Family

  • Asking Price: $2,450,000
Description
An investment opportunity of three dwellings with six units of 2 bdrm/1 bath in Pauoa Valley. This property includes three TMK's 1-2-2-11-15-1, 1-2-2-11-15-2, and 1-2-2-11-15-3. Each unit is separately addressed as 2138, 2138-A, 2138-B, 2138-C, 2138-D, 2138-E Kanealii Ave. Units have been renovated as tenants vacate. Each dwelling has photovoltaic, and each unit is separately metered, has individual laundry & hot water, with dedicated parking. Located in a convenient neighborhood with multiple commuting options to downtown, hospitals, and universities, this property is consistently fully-tenanted to add value to your investment portfolio. Owner is also listing adjacent property 2134 Kanealii Ave.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
    • Oct 13, 2025 Listed at $2,450,000
    See our video of Punchbowl homes.

    Punchbowl homes have the very enviable location just behind the prime sections of Honolulu, mauka of both the city's modern and historical centers. One thing that needs to be understood first, however, is that there are 2 sections that make up the whole, Upper and Lower Punchbowl.

    Lower Punchbowl takes in the properties hugging the base of the volcanic cone, especially the eastern side, where it runs into Makiki. At certain points, those two neighborhoods blur together so either or both labels are sometimes applied to the same place.

    Lower has been es  ... Read more
    Other Punchbowl Homes
    $2,450,000
    2134 Kanealii Ave
    9 Bds | 6.5 Ba
    4,254 ft²
    $2,300,000
    404 Magellan Ave
    Multi-Family

    $2,888,000
    1640 Lusitana St
    10 Bds | 10 Ba
    3,634 ft²
    $2,000,000
    2153 Booth Rd
    11 Bds | 5 Ba
    4,494 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.