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.
Closed
$1,825,000
821 Olokele Ave, Honolulu, HI 96816
--beds
0baths
3,067sqft
Multi Family
Built in 1939
-- sqft lot
$1,953,000 Zestimate®
$595/sqft
$1,765 Estimated rent
Home value
$1,953,000
$1.66M - $2.27M
$1,765/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 25, 2024 at 01:58pm
Listed by:
Christina L Dwight 808-429-1098,
Commercial Inv. Strategies
Bought with:
Sungok Lee-Cricchio, RB-18042
Help-U-Sell Honolulu Prop.
Source: HiCentral MLS,MLS#: 202324067
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Interior area
- Total structure area: 3,067
- Total interior livable area: 3,067 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Covered
Features
- Levels: One,Two
- Stories: 1
- Has view: Yes
- View description: None
- Frontage type: Other
Lot
- Features: Cleared, Interior Lot, Level
- Topography: Level
Details
- Parcel number: 1270330150000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete, Single Wall, Wood Frame
Condition
- Good Condition
- Year built: 1939
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Honolulu
- Subdivision: Kapahulu
HOA & financial
Other financial information
- Total actual rent: 7000
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2024 | Sold | $1,825,000-3.3%$595/sqft |
Source:  HiCentral MLS #202324067 | ||
| 6/21/2024 | Pending sale | $1,888,000$616/sqft |
Source: HiCentral MLS #202324067 | ||
| 6/17/2024 | Contingent | $1,888,000$616/sqft |
Source: HiCentral MLS #202324067 | ||
| 10/23/2023 | Listed for sale | $1,888,000+360.5%$616/sqft |
Source: HiCentral MLS #202324067 | ||
| 1/9/2001 | Sold | $410,000$134/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,116 +0.1% | $1,747,400 +0.1% |
| 2024 | $6,108 +5.5% | $1,745,200 +5.5% |
| 2023 | $5,791 +2.3% | $1,654,700 +2.3% |
Find assessor info on the county website
Neighborhood: Kapahulu
Nearby schools
GreatSchools rating
- 3/10Ala Wai Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10President George Washington Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Kaimuki High SchoolGrades: 9-12Distance: 0.1 mi
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$1,953,000
2% more+ $39,060
With Zillow Showcase(estimated)
$1,992,060