Honolulu, HI 96816,821 Olokele AVE
Listed by Commercial Inv. Strategies
Bought with Help-U-Sell Honolulu Prop.

$1,825,000

Est. payment /mo

$1,888,000

3.3%
Est.Price: ?

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821 Olokele AVE Honolulu, HI 96816

SOLD DATE : 06/25/2024

Key Details

Sold Price $1,825,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Kapahulu

MLS Listing ID 202324067

Sold Date 06/25/24

Construction Status Good Condition

HOA Y/N No

Year Built 1939

Annual Tax Amount $5,791

Property Description

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.

Location

State HI

County Oahu

Area Metro

Interior

Furnishings Partially

Fireplace No

Appliance Dryer, Washer

Laundry In Unit

Exterior

Parking Features Assigned, Covered

Community Features None

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

View Y/N No

View None

Total Parking Spaces 6

Building

Lot Description Cleared, Interior Lot, Level

Entry Level One,Two

Sewer Connected

Water Public

Level or Stories One, Two

Construction Status Good Condition

Others

Tax ID 1-2-7-033-015-0000

Financing Conventional

Special Listing Condition None

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Hawaii Central MLS (HiCentralMLS)

Christina Nishiyama (R)

SVP / Broker-in-Charge / Private Office Advisor | License ID: RB-19331

+1(808) 479-3915

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