Hawaii Living

520 Magellan Ave (Punchbowl)

520 Magellan Ave, Honolulu
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Description
Conveniently located triplex in the heart of Punchbowl with great investment potential. There are two, 2-bed/1-bath units with separate electric meters and one, 1-bed/1-bath unit downstairs. All units have separate entrances. This property has easy access to the freeway on-ramp and off-ramp and is located off of a main bus line. Zoned “A-2” for Apartment use, this is a fantastic development opportunity for the right Buyer.
Past Activity
  • May 17, 2019 Sold for $815,000
  • Mar 26, 2019 In Escrow
  • Mar 12, 2019 Price $850,000
  • Feb 18, 2019 Listed at $950,000
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More Details
Good to Know
See our video of Punchbowl homes.

About 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 plac  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 16, 2024. Information is deemed reliable but not guaranteed.
Other Punchbowl Homes
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Leasehold
$899,000
759 Iaukea St
3 Bds | 2 Ba
1,012 ft²
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208 Huali St
2 Bds | 1 Ba
640 ft²
New 27 hours ago
$990,000
2250 Pauoa Rd
7 Bds | 6 Ba
2,317 ft²
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2826 Booth Rd
2 Bds | 1 Ba
880 ft²
Other Honolulu Homes
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1819 Waiola St
4 Bds | 4 Ba
1,344 ft²
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940 Akepo Lane
4 Bds | 1 Ba
1,684 ft²
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1756 Gulick Ave
4 Bds | 2.5 Ba
1,534 ft²
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717 Vineyard Blvd
4 Bds | 2 Ba
1,156 ft²
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2015 Waterhouse St
4 Bds | 3 Ba
2,026 ft²
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810 Puunani Pl
5 Bds | 2 Ba
1,276 ft²
  • Sold 5/17/19 at $815,000
    (List Price: $850,000)
Description
Conveniently located triplex in the heart of Punchbowl with great investment potential. There are two, 2-bed/1-bath units with separate electric meters and one, 1-bed/1-bath unit downstairs. All units have separate entrances. This property has easy access to the freeway on-ramp and off-ramp and is located off of a main bus line. Zoned “A-2” for Apartment use, this is a fantastic development opportunity for the right Buyer.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 16, 2024. Information is deemed reliable but not guaranteed.
    • May 17, 2019 Sold for $815,000
    • Mar 26, 2019 In Escrow
    • Mar 12, 2019 Price $850,000
    • Feb 18, 2019 Listed at $950,000
    See our video of Punchbowl homes.

    About 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 plac  .....
    Read more.
    Other Punchbowl Homes
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    Leasehold
    $899,000
    759 Iaukea St
    3 Bds | 2 Ba
    1,012 ft²
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    208 Huali St
    2 Bds | 1 Ba
    640 ft²
    New 27 hours ago
    $990,000
    2250 Pauoa Rd
    7 Bds | 6 Ba
    2,317 ft²
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    2826 Booth Rd
    2 Bds | 1 Ba
    880 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. However, the sale is still 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.