821 Olokele Ave
Honolulu, HI 96816
List Price
$1,888,000 (FS)
- Property Type:
- Multi-Family
- Studio Units:
- 0
- 1-Bed Units:
- 4
- 2-Bed Units:
- 0
- 3-Bed Units:
- 1
- Land Area (sf):
- 6,000
- Living (sf):
- --
- Lanai (sf):
- --
- Other (sf):
- --
- Parking Stalls:
- 6 - Assigned, Covered
- MLS #:
- 202324067
- Island:
- Oahu
- Region:
- Metro Oahu
- Neighborhood:
- KAPAHULU
- TMK:
- 1-2-7-033-015-0000
- List Date:
REMARKS:
Super desirable central location close to beach, Waikiki, UH Manoa, and Ala Moana with 4 one-bedrooms in front two-story building (built in 1957) and 1 three-bedroom house (built in 1939) and 1:1 covered parking. All units separately metered for electric (no master meter), one water meter with very low expenses, currently self-managed. Seasoned tenant pool—this area is a tenant favorite(!)—and room for improving rents as all tenants are MTM. Laundry machines owned by tenants. Improvements include: 2 new roofs, copper plumbing inside all units, upgraded electric panels, house and Unit A : most electric rewired.
PROPERTY INFORMATION:
- Zoning:
- 12 - A-2 Medium Density Apartme
- Furnished:
- Partial
- Year Built:
- 1939
- Year Remodeled:
- --
FINANCIAL INFORMATION:
- Assd. Val. Land:
- $1,523,800
- Assd. Val. Imprv:
- $130,900
- Assd. Val. Total:
- $1,654,700
- Tax Year:
- 2023
- Monthly Taxes:
- $483
- Home Exempt.:
- --
SCHOOLS:
- Elem. School:
- --
- Middle School:
- --
- High School:
- --
OTHER PROPERTY FEATURES:
- Frontage:
- Other
- View:
- None
- Pool:
- --
- Amenities:
- None
- Inclusions:
- --
- Security:
- --
- Assn. Fee Inclusions:
- --
- Other Fee Inclusions:
- --
- Lot Description:
- Clear
- Topography:
- Level
- Number of Stories:
- One, Two
- Building Style:
- --
- Property Condition:
- Above Average
- Construction:
- Concrete, Single Wall, Wood Frame
- Roofing:
- Composition
- Floor Covering:
- --
- Disclosures:
- 1031 Exchange, Licensed Owner, Pet on Property
- Possession:
- At Closing, Subject To Tenancy
- Terms Accept.:
- Cash, Conventional, 1031 Exchange
- Land Recorded:
- Regular System
- Exclusions:
- --
- Easements:
- None
- Set-Backs:
- None
- Compensation*:
- 2.25
- Compensation Type:
- --
* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating
Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Monday, May 6, 2024. Information is deemed
reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Commercial Inv. Strategies