$1,800,000

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
StatusActive
Year built1975
ParkingCovered
MLS #202428337
ViewGarden, Mountain(s)

Summary

  • 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: 3/14/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$1,800,000

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,055. Most Honolulu, HI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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 BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

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 $1,800,000.

In February 2025, from all listings sold in Honolulu, HI there were more than 24 sold above asking price, over 127 sold below and more than 44 were sold right at the asked price. The number of listings in Honolulu, HI increased by 10.2% between January and February 2025. In February 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $699,719.

From Rocket Homes Real Estate and based on county public records data.

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