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708E Olokele Ave, Honolulu, HI 96816
15 min walk to Ala Wai Golf Course
30 min walk to Waikiki Beach
21 min walk to Ala Wai Golf Course
24 min walk to The Wall
25 min walk to Graveyards
About lifestyles
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.
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Multi-family details
1956 year built
- Year Built 1956
- Original list price $2,685,000
- Days on market 203
- Building type Multi Dwellings
- Price per sqft $965/sqft
-
Address
708E Olokele Ave, Honolulu, HI, 96816
- Neighborhood Kapahulu
- Land tenure FS - Fee Simple
- Land SqFt 5,005 sqft
- View None
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Monthly payment
Calculate your monthly payments
Mortgage
$12,747
Taxes
$440
HOA dues
$0
Mortgage
Down payment
$500,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$12,747 / month
Neighborhood: Kapahulu
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
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no data
High school
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no data
Local airport
—
no data
15.5 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
6 total units
# of 1 Bd
6
# of 2 Bd
0
# of 3 Bd
0
Total Units
6
Amenities & Features
8 parking places
Stories
Two
Roof
Asphalt Shingle
Construction
Masonry/Stucco
Utilities
Cable, Gas, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Excellent
Parking
Assigned, Covered
nr.of parking places
8
Amenities
None
Income
Net Operating Income: $61,687
Total Actual Rent
$6,550
Total Annual Operating Expenses
$17,693
Total Income
$79,380
Net Operating Income
$61,687
Kapahulu prices
Average price $774.28k
Neighborhood average sales price*
$774.28k
Neighborhood median sales price*
$485k
Number or sales*
71
Street median sales price*
$190k
*last 6 months
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Elementary School
|
0.359mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.359mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
High School
|
0.241mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.359mi | |
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.399mi |
| out of 10 |
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.571mi |
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.603mi | |
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.684mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.359mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.602mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.667mi | |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
0.74mi | |
| out of 10 |
Waikiki Elementary School
3710 Leahi Ave,
Honolulu, HI 96815
|
0.784mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.241mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.359mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.602mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.667mi | |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
0.74mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Price Decrease Nov 11, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 11, 2024 | Price Decrease | $2,500,000 -6.89% | $964.51 | MLS #202417760 |
| Aug 8, 2024 | New Listing | $2,685,000 | $1,035.88 | MLS #202417760 |
Tax & MLS details 708E Olokele Ave, Honolulu, HI, 96816
12 - A-2 Medium Density Apartme zoning / MLS #202417760
Current Property Taxes p/month
$440
Property Tax Year
2024
Assessed Improvement value
$178,900
Assessed Land value
$1,331,000
TMK
1-2-7-035-095-0000
Land Recorded
Dual Systems
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AE
Topography
Level
Location
Dead End
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$1,509,900
Listed by
Berkshire Hathaway HmSvc HI RE
(808) 792-3910
(808) 792-3910
MLS #
202417760
Hawaii House tour report for this multi-family home
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Stunning views
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Open floorplan
Needs Work
Street noise
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Frequently asked questions for 708E Olokele Ave
When was this multi-family home built and last sold?
This house was build in 1956.
What is the full address of this multi-family home?
708E Olokele Ave, Honolulu, HI, 96816.
Are there beaches near 708E Olokele Ave?
The nearest beach is 0.728 miles away, called Waikiki Beach. It should take about 30 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Berkshire Hathaway HmSvc HI RE. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on November 11, 2024.
Hawaii House Last checked 1 minute ago.
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