An excellent opportunity to own a multifamily property in a prime location in the Kapahulu area. The 4-unit concrete hollow tile building consists of 1 (3bd/2ba), 1 (2bd/1ba), and 2 (1bd/1ba) units and sits on 6,562 square feet of A-2 zoned land. There are a total of 6 parking stalls with the potential to add additional stalls. The large owner’s suite allows for an investor to “house hack” the property and offset their housing expense with the three other units’ rental income. The building's exterior just received a fresh coat of paint. Common area laundry hook ups are also available. Perfectly located between the University of Hawaii at Manoa and Waikiki. Within proximity to Kaimuki High School, Iolani School, Ala Wai Golf Course, Kapiolani Park, Waikiki Beach, and Diamond Head.
Active
Price cut: $50K (4/5)
$1,750,000
708 Olokele Ave #F, Honolulu, HI 96816
--beds
0baths
2,168sqft
Est.:
Quadruplex
Built in 1975
-- sqft lot
$-- Zestimate®
$807/sqft
$-- HOA
What's special
- 102 days
- on Zillow |
- 556 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 05:30pm
Listed by:
Kynan Pang 808-225-8776,
Excel Commercial Realty LLC
Source: HiCentral MLS,MLS#: 202428337

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Laundry: Coin-operated
Interior area
- Total structure area: 2,168
- Total interior livable area: 2,168 sqft
Property
Parking
- Total spaces: 6
- Parking features: Covered
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Garden, Mountain(s)
Lot
- Features: Cul-De-Sac, Other, Level
- Topography: Level
Details
- Parcel number: 1270350660000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex
Materials
- Hollow Tile, Concrete
Condition
- Good Condition
- Year built: 1975
Utilities & green energy
- Sewer: Connected
- Utilities for property: Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Kapahulu
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $807/sqft
- Tax assessed value: $1,877,400
- Annual tax amount: $6,012
- Date on market: 1/10/2025
- Total actual rent: 8600
- Tenant pays: Cable TV, Electricity
- Loading
- Loading