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821 Olokele Avenue, Honolulu, HI 96816
$1,888,000
821 Olokele Avenue, Honolulu, HI 96816View this property at 821 Olokele Avenue, Honolulu, HI 96816
821 Olokele AvenueHonoluluHI96816
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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.
Full Property Details
Full Property Details for 821 Olokele Ave
General
- Price: $1,888,000
- Taxes: $5,784 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 202324068
- Updated: 5/7/2024
- Added to Site: 203 day(s) ago
Business
- Business Type: Condo/Apt, Other
Interior
- Flooring: Concrete, Other, Wood
Additional Information
- Amenities: None
Parking
- Parking Features: Assigned, On Site
Location
- Area: Metro
- County: Oahu
- Neighborhood: KAPAHULU
- Building Name: none
Community
- Mgmt. Company: Self Managed
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Connected
- Utility Description: Light Electricity, Other, Small Water Meter
Structural Information
- Description/Design: Commercial/Industrial
- Exterior Const.: Concrete Block, Other, Wood Frame
- Roof: Composition
- Loading: None
- Stories Description: One, Two
- Square Feet: 3,067
- Year Built: 1939
- Property Condition: Above Average
Lot Features
- Zoning: 12 - A-2 Medium Density Apartme
Financial Considerations
- Operating Expenses: $15,862
- Tax Amount: $5,784
- Tax Year: 2023
- Terms: Cash, 1031 Exchange, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Ownership: FS - Fee Simple
- Special Conditions: None
- Documents Avail.: Lease Documents, P&L, Title Search
- Land Tenure: Fee Simple
- Flood Zone: Zone X
- Disclosures/Reports: Licensed Owner
- Property ID: 1-2-7-033-015-0000
Listed by Commercial Inv. Strategies
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Schools
Schools serving 821 Olokele Ave
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
503 Kamoku St, Honolulu, HI 96826 | K-5 | 0.7 mi | |
1633 S King St, Honolulu, HI 96826 | 6-8 | 1.4 mi | |
2705 Kaimuki Ave, Honolulu, HI 96816 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 821 Olokele Ave
Date
Details
Price
Change
Source
10/23/2023
Listed
$1,888,000
360.49%
MLS
1/09/2001
Sold
$410,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 821 Olokele Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,791
2%
$1,745,200
5%
2022
$5,661
7%
$1,654,700
2%
2021
$5,287
—
$1,617,400
7%
2021
$5,287
—
$1,510,700
—
2021
$5,287
15%
$1,514,900
16%
2018
$4,581
4%
$1,308,900
4%
2017
$4,406
-10%
$1,259,000
-10%
2019
$4,916
24%
$1,404,500
24%
2016
$3,974
9%
$1,135,500
9%
2015
$3,653
—
$1,043,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 821 Olokele Ave
821 Olokele Avenue, Honolulu, HI 96816 (MLS# 202324068) is a Commercial property. 821 Olokele Avenue is currently listed for $1,888,000 and was received on October 23, 2023. Want to learn more about 821 Olokele Avenue? Do you have questions about finding other Commercial real estate for sale in Kapahulu? You can browse all Kapahulu real estate or contact a Coldwell Banker agent to request more information.