708 E Olokele AVE, Honolulu, HI 96816
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708 E Olokele AVE, Honolulu, HI 96816
708 E Olokele AVE, Honolulu, HI 96816
708 E Olokele AVE, Honolulu, HI 96816
708 E Olokele AVE, Honolulu, HI 96816
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Listed by Hawaii Modern Realty
$ 1,995,000
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708 E Olokele AVE Honolulu, HI 96816


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Kapahulu

MLS Listing ID 202610118

Construction Status Excellent

HOA Y/N No

Year Built 1957

Annual Tax Amount $5,303

Property Sub-Type Multi Family

Property Description

Highly well-maintained 2-story, 6-unit apartment building ideally located near parks, shopping, and top-rated schools. The exterior of the property is in pristine condition, highlighted by fresh exterior paint and consistent pride of ownership. This investment offers immediate income with strong upside potential. Current rents are below market, and all leases are on a month-to-month basis, providing flexibility for future adjustments and increased returns. Units are well maintained, with an opportunity for a new owner to update and modernize interiors over time to further enhance value. Each unit includes smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. Kitchens feature stainless steel sinks, ceiling-height cabinetry, and built-in dining tables. Exterior improvements include a renovated 6-stall carport, secure vinyl fencing, coin-operated washer/dryers, tankless water heaters, and ample storage. Photocell and sensor lighting enhance safety and convenience. A compelling opportunity for investors seeking a well-cared-for asset with room to grow.

Location

State HI

County Oahu

Area Metro

Interior

Cooling Central Air

Fireplace No

Laundry Coin-operated

Exterior

Parking Features Assigned, Covered, Open

Community Features None

Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected

View Y/N No

View None

Total Parking Spaces 8

Building

Lot Description Cleared, Dead End, Level

Dwelling Type Multi Family

Entry Level Two

Sewer Connected

Water Public

Level or Stories Two

Construction Status Excellent

Schools

Elementary Schools Ala Wai

High Schools Kaimuki

Others

Tax ID 1-2-7-035-095-0000

Special Listing Condition None


Hawaii Central MLS (HiCentralMLS)

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708 E Olokele AVE