$10,000 Closing Credit¹
#202428643, Listing office: I2C Realty, Ltd.
$1,750,000 List price
708 Olokele Ave Unit F Honolulu, HI 96816
$10,000
Closing credit¹
Multi-Family
Property details
About 708 Olokele Ave Unit F
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.
Highlights
Home typeMulti Family
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Year built1975
ParkingCovered
MLS #202428337
ViewGarden, Mountain(s)
Summary
- Parking: Covered
- View: Garden, Mountain(s)
- Architectural Style: Fourplex
- List Price: $1,750,000
- Lot: Cul-De-Sac, Other, Level
- Year Built: 1975
- Stories: 2
- MLS Number: 202428337
- MLS Name: HICMLS
- Office Name: Excel Commercial Realty LLC
- Office Phone: (808) 225-8776
- Office Email: kpang@excelcommercialrealty.com
- Agent Phone: (808) 225-8776
- Agent Email: kpang@excelcommercialrealty.com
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
Some of the 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 9:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,750,000
708 Olokele Ave Unit F
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Prince Jonah Kuhio Elementary School
Public District PK-5
0.4 mi
•2759 S King St
3
Ala Wai Elementary School
Public District PK-5
0.5 mi
•503 Kamoku St
9
Hokulani Elementary School
Public District PK-5
0.7 mi
•2940 Kamakini St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,055. The majority of Honolulu, HI residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
44%
<35k
45%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
9%
Single, with Kids
18%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 708 Olokele Ave Unit F
The listing price of 708 Olokele Ave Unit F property is $1,750,000.
The property 708 Olokele Ave Unit F is a multi located in Honolulu, Hawaii, 96816.
Accepting Backup Offers: 708 Olokele Ave Unit F is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 708 Olokele Ave Unit F are: Prince Jonah Kuhio Elementary School (GreatSchools Rating 4/10), Ala Wai Elementary School (GreatSchools Rating 3/10), Hokulani Elementary School (GreatSchools Rating 9/10), Voyager - a Public Charter School (GreatSchools Rating 8/10), President George Washington Middle School (GreatSchools Rating 8/10), Kaimuki Middle School (GreatSchools Rating 9/10), Kaimuki High School (GreatSchools Rating 3/10), University Laboratory School (GreatSchools Rating 6/10), Halau Ku Mana - a New Century Public Charter School (GreatSchools Rating 4/10).
The year of construction for 708 Olokele Ave Unit F is 1975.
This home is located at 708 Olokele Ave Unit F in Honolulu, HI and zip code 96816 in the Diamond Head / Kapahulu / Saint Louis Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $1,750,000.
While more than 47 listings in Honolulu, HI in May 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 171 were sold below. The inventory of homes for sale in Honolulu, HI between April and May 2025 increased by 8.3%. The median list price of listings available in May 2025 was $715,038, while the average time on the real estate market was 66 days.
From Rocket Homes Real Estate and based on county public records data.