708 Olokele Ave Honolulu, HI 96816
Diamond Head-Kapahula-Saint Louis NeighborhoodEstimated payment $11,684/month
About This Home
Welcome to this immaculate 2-story, 6-unit apartment building, perfectly situated near parks, shopping centers, and top-rated schools. Currently 100% occupied with hand-selected tenants, each unit features Congoleum or quarry tile flooring, smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. The kitchens boast stainless steel sinks, wall cabinets extending to the ceiling, and built-in dining tables. Exterior amenities include a newly renovated 6-stall carport, newly painted, a secure vinyl fence, two coin-operated washer/dryers, tankless water heaters, and ample storage. Enhanced features like photocell-mounted lights, sensor lights, and an ongoing Terminex contract ensure safety and peace of mind.
Listing Agent
Hawaii Modern Realty Brokerage Phone: (808) 792-3910 License #RB-16111 Listed on: 09/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,028
Year Built
- Built in 1957
Lot Details
- 5,005 Sq Ft Lot
- Property is in excellent condition
Home Design
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
Parking
- 8 Parking Spaces
- Covered Parking
- Open Parking
- Assigned Parking
Schools
- Ala Wai Elementary School
- Washington Middle School
- Kaimuki High School
Listing and Financial Details
- Assessor Parcel Number 1-2-7-035-095-0000
Community Details
Overview
- 6 Units
- Kapahulu Subdivision
Amenities
- Coin Laundry
Building Details
- Operating Expense $17,693
- Net Operating Income $61,687
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,118 | $2,036,300 | $1,867,700 | $168,600 |
| 2024 | $7,118 | $2,033,600 | $1,867,700 | $165,900 |
| 2023 | $6,762 | $1,931,900 | $1,767,600 | $164,300 |
| 2022 | $6,608 | $1,887,900 | $1,734,300 | $153,600 |
| 2021 | $6,173 | $1,763,800 | $1,600,900 | $162,900 |
| 2020 | $6,194 | $1,769,700 | $1,600,900 | $168,800 |
| 2019 | $5,744 | $1,641,200 | $1,467,500 | $173,700 |
| 2018 | $5,530 | $1,580,000 | $1,409,300 | $170,700 |
| 2017 | $5,307 | $1,516,400 | $1,300,900 | $215,500 |
| 2016 | $4,812 | $1,374,800 | $1,156,300 | $218,500 |
| 2015 | $4,396 | $1,256,000 | $1,047,900 | $208,100 |
| 2014 | -- | $1,184,500 | $975,700 | $208,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $2,150,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $815,000 | -- | |
| Warranty Deed | $790,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $290,000 | Purchase Money Mortgage |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202520202
APN: 1-2-7-035-093-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some of the active listings appearing on this site may be listed by other REALTORS(R). 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.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd
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