821 Olokele Avenue
Honolulu, HI 96816
- – beds
- – baths
- 3,067 sqft
- 6,000 sqft lot
- $595 per sqft
- 1939 build
- – on site
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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.
Listing courtesy of HI_CENTRAL_MLS / Commercial Inv. Strategies
Last checked:
Checking…
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Last updated Jul 1, 2024
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MLS# 202324067 —
The Building
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Year Built:1939
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Construction Materials:Concrete, Single Wall, Wood Frame
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Building Type:Apartments, Multi Dwellings
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Stories:One, Two
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Roof:Composition
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SqFt Total:3,067 Sqft
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SqFt Building:3067
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# of Units Total:5
Interior
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Furnished:Partial
Financial & Terms
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Financing:Cash, Conventional, 1031 Exchange
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Buyer Financing:Conventional
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Land Tenure:FS - Fee Simple
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Possession:At Closing, Subject To Tenancy
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Foreclosure:No
Location
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Location:Inside
The Property
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Parcel Number:1-2-7-033-015-0000
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Property Type:Multi-Family
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Property Subtype:Multi-Family
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Property Condition:Above Average
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Property Frontage:Other
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Lot Size Area:6,000 Sqft
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Lot Features:Clear
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View:None
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Topography:Level
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Zoning:12 - A-2 Medium Density Apartme
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Flood Zone:Zone X
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Set Backs:None
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Easements:None
Listing Agent
- Contact info:
- Office phone:
- (808) 429-1098
Taxes
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Tax Year:2023
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Tax Amount:$482.62
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Tax Assessed Value:$1,654,700
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Tax Assessed Value Land:$1,523,800
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Tax Assessed Value Improvements:$130,900
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Tax Paid By Seller:Yes
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Tax Annual Amount:5791.44
The Listing
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Land Recorded:Regular System
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Disclosures:1031 Exchange, Licensed Owner, Pet on Property
Utilities
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Utilities:Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
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Utilities Meters:Electric, Individual, Water
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Sewer:Connected
Appliances
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Laundry Facilities:Dryer, Individual, Washer
The Community
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Amenities:None
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Recreation Facilities:None
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Neighbourhood:KAPAHULU
Parking
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Parking Total:6
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Parking Features:Assigned, Covered
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Other Parking Features:None
Extra Units
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# of One Bed Units:4
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# of Three Bed Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/25/24
Jun 25, 2024
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Sold | HI_CENTRAL_MLS | $1,825,000 | -3.3% |
6/21/24
Jun 21, 2024
|
Pending | HI_CENTRAL_MLS | $1,888,000 | |
6/17/24
Jun 17, 2024
|
Sold Subject To Contingencies | HI_CENTRAL_MLS | $1,888,000 |