724 Olokele Honolulu HI 96816 · Neighborhood: Kapahulu · Region: Metro · MLS: 201412038 · TMK: 1-2-7-035-102-0000 & History 

Show all 4 photos. Updated 6/10/2014 10:34:25 AM
Expired. It was offered at $1,389,000 FS
Location
Type: Multi Family Home
Region: Metro
Neigh: Kapahulu
724 Olokele
Honolulu HI 96816
Area
Building sf:3,328
Land sf:5,525
Land acres:0.127
Other
Parking:6
Built:1956
Remodeled:2014
Furnished:
Elevators:0
Rooms
Studios:0
1 Bedroom Units:0
2 Bedroom Units:4
3 Bedroom Units:1
Com space:0
Total Units:5
Financials
Rental Income:73,800
Expenses:(18,658)
Net Operating Income:55,142
Other Income:0
Total Income:73,800
Remarks
Seller:Five apartment complex consists of duplex and 2 story concrete building in established Kapahulu neighborhood. All units recently renovated with new paint/floor covering and 100% occupied. Duplex has new refrigerators and ranges. Excellent potential to increase rent roll. Walking distance to Safeway Shopping Center and Market City. Near schools, zoo, and Waikiki beach. Close to bus line and freeway. Do not disturb tenants. Note: Expenses are recurring operating costs, excludes renovation costs.
Property Features
Amenities
None

Building Type
Apartments
Multi Dwellings

Condition
Above Average

Construction
Above Ground
Hollow Tile
Other

Disclosures
Call Listor

Documents
Other

Easements
Other

Expense Income
Excise Tax
Insurance
Other
Property Tax
Repair Maintenance
Fee

Frontage
Other

Furnished
None

Land Recorded
Regular System

Laundry
Individual

Land Tenure
FS - Fee Simple

Lessee Pays
Electricity
Gas

Listing Broker
DAY Real Estate Company

Location
Lot Description
Other

Meters
Electric
Gas
Individual

Parking Guest
None

Parking Tenant
Assigned
Possession
At Closing

Recreation Facility
None

Roof
Composition
Other

Sale Conditions
None

Set Backs
CandC
Sewer
Connected

Stories
Two

Terms Offered
Cash
Conventional

Terms Sold

Topography
Level

Utilities
Cable
Gas
Overhead Electricity
Water

View
None

Zoning
More Information
Contact listProp Mgt
Management Company:DAY Real Estate
Management Company Phone:808-2268348
 
About LeaseholdLease Info
Lessor:
Renegotiation:
Lease expires:
Compare Fee Simple to Leasehold to Rent
 
Sample LH DisclosureRent per monththrough
Current:00
Step 1:00
Rates Real Property Tax
Tax year: 2013Assessed
Land708,600
Improvement255,600
Exemption0
Total964,200
Monthly Tax272
4,012 Days on MarketKey DatesPricing
Year Built:1956
Original List:1,389,000 FS
Listed:6/9/20141,389,000 FS
Advertise:
Auction:
Price change:
Temp off Market:
Off Market:12/31/2014
Temp withdrawn:
Withdrawn:
Back on Market:
Status change:1/1/2015
Last Modified:1/1/2015
Contingency:
Pending:
Conditional:
Sold:0 FS
Concessions:(0)  
Net SP:0 FS
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Multi Family Home listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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