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821 Olokele Avenue

Honolulu, HI 96816
  • $1,888,000
  • STATUS: Active
  • ON SITE: 124 Days
  • MLS #: 202324067
UPDATED: 61 min ago
$1,888,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,067
    SQFT
  • $616
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Area:

School Ratings & Info

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 poolthis 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.

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© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings 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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Dream Homes.

Licensed in the State of Hawaii, USA.
www.hawaiidreamhomes.com/homes/144637752
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821 Olokele Avenue Honolulu, HI 96816

  • Price: $1,888,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 61 min ago
  • MLS #: 202324067
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,067
SQFT
$616
$/SQFT
1939
Built
Neighborhood:
Kapahulu
County:
Oahu
Area:
Metro
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 poolthis 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.
Exterior Features

Construction Materials ConcreteSingle WallWood Frame Location Inside Lot Description Clear Other Parking None Parking AssignedCovered Parking Total 6 Property Frontage Other Roof Composition Stories OneTwo Topography Level View None

Interior Features

Elevators 0 Furnished Partial Laundry DryerIndividualWasher Sq Ft Building 3067

Property Features

1 Bed Units 4 2 Bed Units 0 3 Or More Bed Units 1 Amenities None Annual Expenses 15862.00 Assessed Value Improvements 130900.00 Assessed Value Land 1523800.00 Assessed Value Total 1654700.00 Building Type ApartmentsMulti Dwellings Disclosures 1031 ExchangeLicensed OwnerPet On Property Documents Lease DocumentsP&LTitle Search Easements None Expenses Include Excise TaxInsuranceOtherProperty TaxSewer Fee Flood Zone Zone X Foreclosure YN No Land Recorded Regular System Land Tenure Fs - Fee Simple Listing Financing CashConventionalExchange Management Company Self Managed Net Operating Income 68138.00 Other Income 0.00 Possession At ClosingSubject To Tenancy Property Condition Above Average Recreation Facilities None Set Backs None Sewer Connected Special Sale Conditions None Studio Units 0 Tax Amount 482.62 Tax Annual Amount 5791.44 Tax Paid By Seller Yes Tax Year 2023 Tenant Pays Cable TvElectricity Total Actual Rent 7000.00 Total Income 84000.00 Utilities Available CableGasInternetOverhead ElectricityPublic WaterSewer FeeTelephoneWater Utilities Meters ElectricIndividualWater Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Commercial Inv. Strategies: (808) 429-1098.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2024-02-24T23:59:16.42. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.


© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings 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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Dream Homes.

Licensed in the State of Hawaii, USA.
 
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