Closed

$1,600,000

708 Olokele Ave #F, Honolulu, HI 96816

--beds

0baths

2,168sqft

Quadruplex

Built in 1975

-- sqft lot

$1,583,400 Zestimate^®

$738/sqft

$1,966 Estimated rent

Home value

$1,583,400

$1.47M - $1.71M

$1,966/mo

Zestimate^® history

Owner options

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$1,966/mo

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$1,966/mo

Rent Zestimate^®

Refinance and save

$7,138/mo

Est. payment

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$7,138/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Appliances

Laundry: Coin-operated

Interior area

Total structure area: 2,168
Total interior livable area: 2,168 sqft

Property

Parking

Total spaces: 6
Parking features: Covered

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Garden, Mountain(s)

Lot

Features: Cul-De-Sac, Other, Level
Topography: Level

Details

Parcel number: 1270350660000
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Fourplex
Property subtype: Quadruplex

Materials

Hollow Tile, Concrete

Condition

Good Condition
Year built: 1975

Utilities & green energy

Sewer: Connected
Utilities for property: Water Available, Sewer Connected

Community & HOA

Community

Features: None
Subdivision: Kapahulu

Location

Region: Honolulu

Financial & listing details

Price per square foot: $738/sqft
Tax assessed value: $1,877,400
Annual tax amount: $6,012
Date on market: 1/10/2025
Total actual rent: 8600
Tenant pays: Cable TV, Electricity

Price history

Date	Event	Price
7/11/2025	Sold	$1,600,000-8.6%$738/sqft
Source: HiCentral MLS #202428337 Report a problem
5/3/2025	Contingent	$1,750,000$807/sqft
Source: HiCentral MLS #202428337 Report a problem
4/5/2025	Price change	$1,750,000-2.8%$807/sqft
Source: HiCentral MLS #202428337 Report a problem
2/24/2025	Listed for sale	$1,800,000$830/sqft
Source: HiCentral MLS #202428337 Report a problem
2/16/2025	Contingent	$1,800,000$830/sqft
Source: HiCentral MLS #202428337 Report a problem
1/10/2025	Listed for sale	$1,800,000$830/sqft
Source: HiCentral MLS #202428337 Report a problem