708 E Olokele Avenue
Honolulu, HI 96816
$2,500,000
Price
6
Beds
2,592 Sq. Ft.
$965 / Sq. Ft.
2,592
Sq. Ft.
$965
per Sq. Ft.
Description
Welcome to this immaculate 2-story, 6-unit apartment building, perfectly situated near parks, shopping centers, and top-rated schools. Currently 100% occupied with hand-selected tenants, each unit features Congoleum or quarry tile flooring, smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. The kitchens boast stainless steel sinks, wall cabinets extending to the ceiling, and built-in dining tables. Exterior amenities include a newly renovated 6-stall carport, a secure...Welcome to this immaculate 2-story, 6-unit apartment building, perfectly situated near parks, shopping centers, and top-rated schools. Currently 100% occupied with hand-selected tenants, each unit features Congoleum or quarry tile flooring, smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. The kitchens boast stainless steel sinks, wall cabinets extending to the ceiling, and built-in dining tables. Exterior amenities include a newly renovated 6-stall carport, a secure vinyl fence, two coin-operated washers/dryers, tankless water heaters, and ample storage. Enhanced features like photocell-mounted lights, sensor lights, and an ongoing Terminix contract ensure safety and peace of mind. This property offers a blend of comfort, convenience, and long-term value.
- Listed by Corinda S Wong • License #RB-16111 • Berkshire Hathaway HmSvc HI RE • (808) 792-3910
Property Details for 708 E Olokele Avenue
View
None
Zoning12 - A-2 Medium Density Apartme
NeighbourhoodKAPAHULU
Flood ZoneZone AE
Stories/LevelsTwo
Land TenureFS - Fee Simple
LISTING UPDATED: 11/11/2024 12:12 PM
Property Details for 708 E Olokele Avenue
| Status | Active |
|---|---|
| MLS # | 202417760 |
| Days on Market | 131 |
| Taxes | $440 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1956 |
| Lot Size | 0.11 AC / 5,005 SF |
| County | Honolulu County |
Building Information for 708 E Olokele Avenue
Stories-Residences6Year Built1956Building Size-Lot Size0.11 AC / 5,005 SF
Property Information for 708 E Olokele Avenue
Summary
Location and General Information
- Topography: Level
- City: Honolulu
- County Or Parish: Oahu
- State Or Province: HI
- Location: Dead End
Taxes and HOA Information
- Tax Amount: $440.00
- Tax Assessed Value: $1,509,900.00
- Tax Assessed Value Improvements: $178,900.00
- Tax Assessed Value Land: $1,331,000.00
- Tax Year: 2024
- Parcel Number: 1-2-7-035-095-0000
- HOA YN: No
School Information
- Elementary School: Ala Wai
- High School: Kaimuki
- Middle Or Junior School: Kaimuki
Parking
- Parking Features: Assigned, Covered
- Parking Total: 8
- Other Parking Features: <10 Spaces
Property
Lot Information
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 2592.0
- Sqft Total: 2592.0
- Land Recorded: Dual Systems
- Lot Features: Clear
- Lot Size Area: 5005.0
- Year Built: 1956
- Building Type: Multi Dwellings
Property and Assessments
- Documents: Title Search
- Photo Count: 14
- Property Condition: Excellent
- Special Listing Conditions: None
- Disclosures: Property Disclosure Stmt
- Foreclosure: No
- Set Backs: None
- Supplement Count: 0
- TMK Area: 127
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 95
- TMKPLAT: 35
- TMK Section: 7
- TMK Zone: 2
Utilities
- Utilities: Cable, Gas, Overhead Electricity, Public Water, Telephone, Water
- Sewer: Connected
- Utilities Meters: Electric, Gas, Individual
Interior and Exterior Features
Exterior Features
- Amenities: None
- Construction Materials: Masonry/Stucco
- Easements: None
- Elevators Number Of: 0
- Recreation Facilities: None
- Roof: Asphalt Shingle
Interior Features
- Laundry Facilities: Coin
Multi Family
Multi-Family Information
- Studio Units Number Of: 0
- Unit One Number Of Bed: 6
- Unit Three Number Of Bed: 0
- Unit Two Number Of Bed: 0
- Number Of Units Total: 6
Income & Expenses
- Total Annual Operating Expenses: $17,693.00
- Total Income: $79,380.00
- Expenses Include: Excise Tax, Insurance, Other, Property Tax, Sewer Fee
- Net Operating Income: $61,687.00
- Other Income: $65.00
Agent
Sale and Listing
- DOM: 123
- Immoviewer: No
- Listing Service: Full Service
- MLS: HI Central
- MLS Area Major: Metro
- Status: Active
- Public Remarks: Welcome to this immaculate 2-story, 6-unit apartment building, perfectly situated near parks, shopping centers, and top-rated schools. Currently 100% occupied with hand-selected tenants, each unit features Congoleum or quarry tile flooring, smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. The kitchens boast stainless steel sinks, wall cabinets extending to the ceiling, and built-in dining tables. Exterior amenities include a newly renovated 6-stall carport, a secure vinyl fence, two coin-operated washers/dryers, tankless water heaters, and ample storage. Enhanced features like photocell-mounted lights, sensor lights, and an ongoing Terminix contract ensure safety and peace of mind. This property offers a blend of comfort, convenience, and long-term value.
- Possession: At Closing, Negotiable
Showing and Remarks
- Showing Instructions: Two Day Notice Reqd, Call Assistant
Rental
Rent Information
- Tenants Responsibilities Include: Cable TV, Electricity, Gas
- Total Actual Rent: $6,550.00
Property History for 708 E Olokele Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 708 E Olokele Avenue
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Ala Wai Elementary School PublicPK to 5 | ||
President George Washington Middle School Public6 to 8 | ||
Kaimuki High School Public9 to 12 | ||
Hawaii School For The Deaf And Blind PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Berkshire Hathaway HmSvc HI RE, Corinda S Wong, License #RB-16111