708 Olokele Ave #F
Honolulu, HI 96816

For Sale
Active
List Price
$1,800,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
2
2-Bed Units:
1
3-Bed Units:
1
Land Area (sf):
6,562
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
6 - Covered
MLS #:
202428337
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPAHULU
TMK:
1-2-7-035-066-0000
List Date:

REMARKS:

An excellent opportunity to own a multifamily property in a prime location in the Kapahulu area. The 4-unit concrete hollow tile building consists of 1 (3bd/2ba), 1 (2bd/1ba), and 2 (1bd/1ba) units and sits on 6, 562 square feet of A-2 zoned land. There are a total of 6 parking stalls with the potential to add additional stalls. The large owner’s suite allows for an investor to “house hack” the property and offset their housing expense with the three other units’ rental income. The building's exterior just received a fresh coat of paint. Common area laundry hook ups are also available. Perfectly located between the University of Hawaii at Manoa and Waikiki. Within proximity to Kaimuki High School, Iolani School, Ala Wai Golf Course, Kapiolani Park, Waikiki Beach, and Diamond Head.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
--
Year Built:
1975
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,641,600
Assd. Val. Imprv:
$235,800
Assd. Val. Total:
$1,877,400
Tax Year:
2024
Monthly Taxes:
$501
Home Exempt.:
--

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
--
View:
Garden, Mountain
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Other
Topography:
Level
Number of Stories:
Two
Building Style:
--
Property Condition:
Above Average
Construction:
Concrete, Hollow Tile
Roofing:
Other
Floor Covering:
--
Disclosures:
1031 Exchange, Call Listor
Possession:
Negotiable
Terms Accept.:
1031 Exchange, Cash, Conventional
Land Recorded:
Land Court
Exclusions:
--
Easements:
None
Set-Backs:
None

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, February 7, 2025.  Information is deemed reliable but not guaranteed.  Copyright: 2025 by HiCentral MLS, Ltd.  Listing courtesy of Excel Commercial Realty LLC