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MLS: 202428337 (Active - For Sale)
 
Asking Price: $1,800,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 708 Olokele Avenue, Honolulu, HI
Neighborhood: Kapahulu
Land Area: 6,562 SF
View: Garden,Mountain
Parking: Covered
Days on Market: 84
Year Built: 1975
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Land Court
Property Taxes: $501
Assessed Value: $1,877,400
Assessed Ratio: 95.88%
Listing Courtesy: Excel Commercial Realty LLC
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All Multi-Family Homes For Sale in Kapahulu


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.


2 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath10/23/202306/25/2024$1,888,000$1,825,000
0 Bed 0 Bath09/11/202411/06/2024$2,945,000$2,900,000
Average Price:  $2,362,500

 
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use and may not be used for any purpose other than to identify prospective
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