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821 Olokele Ave 821 Olokele Ave, Honolulu, HI, 96816

Neighborhood: Kapahulu

$1,888,000 Commercial for sale Commercial/Industrial

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.
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Property details

1939 year built
Price per sqft
$615/sqft
Days on Verhouse
188
Address
821 Olokele Ave, Honolulu, HI, 96816
City of Hawaii
Honolulu
Island
Oahu
Year Built
1939
Frontage
Other
Land tenure
FS - Fee Simple
Parking Spaces
6
Net Operating Income
68138.00
Neighborhood
Kapahulu
District
Honolulu
Virtual Tour

Nearby major retailers

Costco
Foodland
Lowe's
Mercedes-Benz
Safeway
Porsche
T-Mobile
Whole Foods Market
Ferrari
Wholesale: 1
Supermarket: 7
Do it yourself: 1
Car: 4
Mobile phone: 1
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Interior Features

6 parking places, Concrete, Other, Wood floors
Roof
Composition
Property Condition
Above Average
Floor Covering
Concrete, Other, Wood
Easements
None
Documents Available
Lease Documents, P&L, Title Search
Garage & Parking
Assigned, On Site
Utilities Included
Light Electricity, Other, Small Water Meter
Amenities
None

Listed by

Christina L Dwight, Commercial Inv. Strategies
(808) 429-1098
Name
Christina L Dwight
License number
RB-20978
Brokerage company
Commercial Inv. Strategies
(808) 429-1098
MLS #
202324068

Payment calculator

Calculate your monthly payments
Mortgage
$5,797
Taxes
$483
HOA dues
$0
$6,280 per month
Mortgage
$377,600 / 20%
2.28%
30 years
Your amount $5,797 / month

Exterior Features

Concrete Block, Other, Wood Frame construction and more
Construction
Concrete Block, Other, Wood Frame

Lot details

TMK #1270330150000
Parcel nr.
1270330150000

Kapahulu neighborhood info

Essentials nearby
Neighborhood stats
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

People living in Kapahulu

30%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 45 years
More info

Commute types

65% commute by car
More info

Education level

27% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

48% have 1 vehicle
More info

Vehicles by gender

48% have 1 vehicle
More info

Housing market insights for 821 Olokele Ave

$818.28k
Neighborhood average
sales price*
$555k
Neighborhood median
sales price*
1185
Number
of sales*

Housing type

60% are apartments
More info

Rooms

37% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
15.5 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 8
School rating Distance
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
Elementary School
0.386mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
Middle School
0.488mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
High School
0.134mi
School rating Distance
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.386mi
NR
Aikane O Hokulani
2940 Kamakini St, Honolulu, HI 96816
0.471mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.488mi
8
out of 10
Hokulani Elementary School
2940 Kamakini St, Honolulu, HI 96816
0.553mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.656mi
School rating Distance
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.488mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.509mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.597mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
0.656mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.796mi
School rating Distance
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.134mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.488mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.509mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.597mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.796mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Oct 23, 2023

Kapahulu Median sales price 2024

Bedrooms Med. price % of listings
Not specified $2.1m 20%
1 bed $386k 20%
2 beds $605k 20%
3 beds $950k 10%
4 beds $1.68m 10%
5 beds $1.56m 20%
Date Event Price $/sqft Source
Oct 23, 2023 New Listing $1,888,000 615.59 MLS #202324068
Oct 23, 2023 New Listing $1,888,000 +360.49% 615.59 MLS #202324067
Jan 15, 2001 Sold $410,000 149.09 Public Record
Jan 15, 2001 Price Decrease $410,000 -3.53% 149.09 MLS #2005289
Nov 28, 2000 Pending $425,000 154.55 MLS #2005289
Nov 3, 2000 Back On Market $425,000 154.55 MLS #2005289
Aug 11, 2000 Pending $425,000 154.55 MLS #2005289
Jun 8, 2000 New Listing $425,000 154.55 MLS #2005289

Taxes of 821 Olokele Ave, Honolulu, HI, 96816

12 - A-2 Medium Density Apartme zoning / MLS #202324068
Current Property Taxes p/month
$482
Assessed Improvement value
$130,900
Assessed Land value
$1,523,800
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Total Assessed value
$1,654,700

Tax History

Year Taxes Source
2023 $5,791 MLS #202324067
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

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Frequently Asked Questions about 821 Olokele Ave

What is 821 Olokele Ave?

821 Olokele Ave is a Exclusive Rights Commercial/Industrial property.

What is the rental income?

The net income is $68,138
*check with agent

What is the full address of this Commercial?

821 Olokele Ave, Honolulu, HI, 96816.

What comparable properties are nearby?

Comparable nearby commercial properties include 3007 Lincoln Ave, 2620-B Date St, 2110 Beretania St, 1638 10th Ave, 725 Kapiolani Blvd, 1402 Lusitana St.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Oct 23, 2023
Verhouse Last checked 4 minutes ago


The closest grocery stores are Safeway Kapahulu, 0.13 miles away and Foodland, 0.28 miles away.
The Kapahulu neighborhood has a population of 364,089, and 30% of the families have children. The median age is 45.07 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Commercial For sale $1.89m 821 Olokele Ave, Honolulu, HI, 96816 Save House Remove from Saved