708 E Olokele Avenue Honolulu, HI 96816

Listing
Overview

Price: $1,995,000
Area: KAPAHULU
Status: Active

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. Listing by: Hawaii Modern Realty (808) 306-7242

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  • Land Area (sf): 5,005 sf
  • Living (sf): 2,592
  • Year Built: 1957

  • Property Condition: Excellent
  • Number of Parking Spaces: 8
  • View: None
  • Listing Office: Hawaii Modern Realty

  • Land Tenure: FS - Fee Simple

  • Elementary School: Ala Wai
  • High School: Kaimuki

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on May 22, 2026 - 6:00 PM Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.
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