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607 Olive Avenue, Burbank, CA 91501
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607 Olive Avenue
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  • MLS#: GD24189437 ( Commercial/Residential )
  • Street Address: 607 Olive Avenue
  • Viewed: 1
  • Price: $2,785,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Days On Market: 59
  • Additional Information
  • County: LOS ANGELES
  • City: Burbank
  • Zipcode: 91501
  • Provided by: Re/Max Tri-City Realty
  • Contact: Maya Maya
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    FIRST TIME ON THE MARKET!! Located in the highly desirable NW of Burbank, one block below Kenneth. This pride of ownership is well maintained 5 unit plus new ADU complex! Three of the five units are one bedroom and one bathroom with on site parking accessed from the alleyway. Duplex features 2 bedrooms 2 baths each unit. ADU has a separate address and features 1BD 1BH. This great investment property is centrally located with easy access to public transit and minutes away to DreamWorks, Warner Bros. Studios, Disney Imagineering, St. Joseph's Hospital, LA Equestrian Center, Griffith Park, Ikea, and much more. Additional conveniences are other local and major retailers, parks, coffee shops, entertainment and nightlife in Downtown Burbank. With easy access to the 5/134/101 freeways. All units are currently tenant occupied.
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Features
Architectural Style
  1. Traditional
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 3500.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. See Remarks
Country
  1. US
Days On Market
  1. 19
Electric Expense
  1. 0.00
Flooring
  1. Laminate
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 400.00
Laundry Features
  1. None
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 120000.00
Parcel Number
  1. 2455023016
Parking Features
  1. On Site
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Roof
  1. Shingle
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 422938930:CRM
Taxblock
  1. 24
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
  4. Trash Collection
Totalexpenses
  1. 6600.00
Trash Expense
  1. 0.00
Utilities
  1. Electricity Available
  2. Natural Gas Available
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1949
Year Built Source
  1. Assessor
Zoning
  1. BUR4*