Photos
About
Details
Open Houses
Monthly payment
Neighborhood
Unit Information
Amenties & Features
Income
Prices
Schools
Price history
Activity
Taxes
Tour report
Similar
Recently sold
Ask a question
Map View
Virtual Tour
821 Olokele Ave, HONOLULU, HI 96816
8 min walk to Crane Community Park
30 min walk to Waikiki Beach
22 min walk to Ala Wai Golf Course
25 min walk to The Wall
25 min walk to Graveyards
About lifestyles
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.
Read more
Multi-family details
1939 year built
- Year Built 1939
- Original list price $1,888,000
- Days on market 187
- Building type Apartments,Multi Dwellings
- Price per sqft $616/sqft
-
Address
821 Olokele Ave, HONOLULU, HI, 96816
- Frontage Other
- Neighborhood Kapahulu
- Land tenure FS - Fee Simple
- Land SqFt 6,000 sqft
- View None
- Virtual Tour View (external link)
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$9,627
Taxes
$483
HOA dues
$0
Mortgage
Down payment
$377,600 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$9,627 / month
Neighborhood: Kapahulu
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
15.5 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
5 total units
# of 1 Bd
4
# of 2 Bd
0
# of 3 Bd
1
Total Units
5
Amenities & Features
6 parking places
Stories
One, Two
Furnished
Partial
Roof
Composition
Construction
Concrete, Single Wall, Wood Frame
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Above Average
Parking
Assigned, Covered
nr.of parking places
6
Amenities
None
Income
Net Operating Income: $68,138
Total Actual Rent
$7,000
Total Annual Operating Expenses
$15,862
Total Income
$84,000
Net Operating Income
$68,138
Kapahulu prices
Average price $1.78m
Neighborhood average sales price*
$1.78m
Neighborhood median sales price*
$1.58m
Number or sales*
38
Street median sales price*
$679.5k
Median sale price Maui Eldorado I*
$579.5k
*last 6 months
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
Elementary School
|
0.398mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.498mi | |
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
High School
|
0.142mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.398mi |
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.473mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.498mi | |
| out of 10 |
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.556mi |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.645mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.498mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.504mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.609mi | |
|
St Patrick School
3320 Harding Avenue,
Honolulu, HI 96816
|
0.645mi | |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
0.789mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.142mi |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.498mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.504mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.609mi | |
|
Hawaii School For The Deaf And Blind
3440 Leahi Ave,
Honolulu, HI 96815
|
0.789mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Oct 23, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 23, 2023 | New Listing | $1,888,000 +360.49% | $615.59 | MLS #202324067 |
| Jan 15, 2001 | Sold | $410,000 | $133.68 | Public Record |
| Jan 15, 2001 | Price Decrease | $410,000 -3.53% | $133.68 | MLS #2005289 |
| Nov 28, 2000 | In Escrow - not showing | $425,000 | $138.57 | MLS #2005289 |
| Nov 3, 2000 | Back On Market | $425,000 | $138.57 | MLS #2005289 |
| Aug 11, 2000 | In Escrow - not showing | $425,000 | $138.57 | MLS #2005289 |
| Jun 8, 2000 | New Listing | $425,000 | $138.57 | MLS #2005289 |
| Apr 13, 2000 | Expired | $425,000 | $138.57 | MLS #9901109 |
| Jan 19, 2000 | Price Decrease | $425,000 -3.19% | $138.57 | MLS #9901109 |
| Dec 18, 1999 | Price Decrease | $439,000 -2.44% | $143.14 | MLS #9901109 |
| Nov 18, 1999 | Price Decrease | $450,000 -6.25% | $146.72 | MLS #9901109 |
| Oct 7, 1999 | Price Decrease | $480,000 -3.03% | $156.50 | MLS #9901109 |
| Apr 13, 1999 | New Listing | $495,000 | $161.40 | MLS #9901109 |
Tax & MLS details 821 Olokele Ave, HONOLULU, HI, 96816
12 - A-2 Medium Density Apartme zoning / MLS #202324067
Current Property Taxes p/month
$483
Property Tax Year
2023
Assessed Improvement value
$130,900
Assessed Land value
$1,523,800
TMK
1-2-7-033-015-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$1,654,700
Listed by
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202324067
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.
As soon as we do, we post it here.
Similar homes nearby 821 Olokele Ave in Kapahulu
Recently sold nearby 821 Olokele Ave in Kapahulu
Ask a question
I agree to be contacted by Hawaii House via call, email, and text. To opt-out, you can reply ’stop’ at any time or click the unsubscribe link in the emails. Message and data rates may apply.
Frequently asked questions for 821 Olokele Ave
When was this multi-family home built and last sold?
This house was build in 1939.
What is the full address of this multi-family home?
821 Olokele Ave, HONOLULU, HI, 96816.
Are there beaches near 821 Olokele Ave?
The nearest beach is 0.877 miles away, called Waikiki Beach. It should take about 30 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. Some active listings appearing 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on October 23, 2023.
Hawaii House Last checked less than a minute ago.
Kapahulu & nearby Neighborhoods
- Ala Moana homes for sale
- Alewa Heights homes for sale
- Aliamanu homes for sale
- Chinatown homes for sale
- Dillingham homes for sale
More
Less
Nearby Zip Codes
- 96814 Real Estate for sale
- 96815 Real Estate for sale
- 96813 Real Estate for sale
- 96826 Real Estate for sale
- 96822 Real Estate for sale
- 96818 Real Estate for sale
- 96817 Real Estate for sale
- 96819 Real Estate for sale
- 96816 Real Estate for sale
- 96850 Real Estate for sale
More
Less
Kapahulu Property Types
More
Less