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.

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

Elevators 0 Furnished Partial Laundry DryerIndividualWasher Sq Ft Building 3067

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 CashConventional1031 Exchange 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 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 2024-10-08T04:59:07.6. 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.

821 Olokele Avenue

Description

School Ratings & Info

Description

Monthly Payment Calculator

821 Olokele Avenue Honolulu, HI 96816

Property Description

Construction Materials	Concrete Single Wall Wood Frame
Location	Inside
Lot Description	Clear
Other Parking	None
Parking	Assigned Covered
Parking Total	6
Property Frontage	Other
Roof	Composition
Stories	One Two
Topography	Level
View	None

Elevators	0
Furnished	Partial
Laundry	Dryer Individual Washer
Sq Ft Building	3067

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	Apartments Multi Dwellings
Disclosures	1031 Exchange Licensed Owner Pet on Property
Documents	Lease Documents P&L Title Search
Easements	None
Expenses Include	Excise Tax Insurance Other Property Tax Sewer Fee
Flood Zone	Zone X
Foreclosure YN	No
Land Recorded	Regular System
Land Tenure	FS - Fee Simple
Listing Financing	Cash Conventional 1031 Exchange
Management Company	Self Managed
Net Operating Income	68138.00
Other Income	0.00
Possession	At Closing Subject 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 Year	2023
Tenant Pays	Cable TV Electricity
Total Actual Rent	7000.00
Total Income	84000.00
Utilities Available	Cable Gas Internet Overhead Electricity Public Water Sewer Fee Telephone Water
Utilities Meters	Electric Individual Water
Zoning	12 - A-2 Medium Density Apartme