$1,995,000
 $10,710 est/mo Sourced by Back At You

708 E Olokele Avenue,Honolulu, HI 96816

Honolulu, HI 96816

Share:

PreviousNext

Description

Highly well-maintained 2-story, 6-unit apartment building ideally located near parks, shopping, and top-rated schools. The exterior of the property is in pristine condition, highlighted by fresh exterior paint and consistent pride of ownership. This investment offers immediate income with strong upside potential. Current rents are below market, and all leases are on a month-to-month basis, providing flexibility for future adjustments and increased returns. Units are well maintained, with an opportunity for a new owner to update and modernize interiors over time to further enhance value. Each unit includes smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. Kitchens feature stainless steel sinks, ceiling-height cabinetry, and built-in dining tables. Exterior improvements include a renovated 6-stall carport, secure vinyl fencing, coin-operated washer/dryers, tankless water heaters, and ample storage. Photocell and sensor lighting enhance safety and convenience. A compelling opportunity for investors seeking a well-cared-for asset with room to grow.

Details

MLS #202610118
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1957
Days On Site115
Listing Provided ByHawaii Modern Realty | Corinda S Wong

Features

SQ Feet2,592
Story(s)2
Units6
Zoning12 - A-2 Medium Density Apartme
Property ViewNone

Exterior

Construction MaterialsMasonry, Stucco

Other

Community FeaturesNone

Taxes

Property5303

Area Information

StateHI
CountyOahu
CityHonolulu
Zip Code96816
AreaOahu
Community NameKAPAHULU
School DistrictKaimuki
Elementary SchoolAla Wai
High SchoolKaimuki
Listing VS Median (in KAPAHULU)
Price:
$1,995,000
low | high
Med:
$740,250
100% of Average
sqft:
2,592
low | high
Med:
845
100% of Average
$ / sqft:
$770
low | high
Med:
$937
28.243728132212% of Average
On site:
115
low | high
Med:
81
100% of Average
Sourced by Back At You

Market Activity 96816

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Island Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by HICentral MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 HICentral MLS. All Rights Reserved.

Contact

Learn More About This Property

Tatiana Howard

Tatiana Howard

Coldwell Banker Island Properties

RS-78027 (808) 283-0864tatianahoward@gmail.com
StateHI
CountyOahu
CityHonolulu
Zip Code96816
AreaOahu
Community NameKAPAHULU
School DistrictKaimuki
Elementary SchoolAla Wai
High SchoolKaimuki
Listing VS Median (in KAPAHULU)
Price:
$1,995,000
low | high
Med:
$740,250
100% of Average
sqft:
2,592
low | high
Med:
845
100% of Average
$ / sqft:
$770
low | high
Med:
$937
28.243728132212% of Average
On site:
115
low | high
Med:
81
100% of Average
Sourced by Back At You
Listing Updated: August 3, 2026 at 8:28:08 AM PDT