CA > Burbank
Burbank, CA 91501,607 E Olive AVE
Burbank, CA 91501,607 E Olive AVE
Burbank, CA 91501,607 E Olive AVE
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$2,645,000
Est. payment /mo
7,435 Sqft Lot
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UPDATED:

12/13/2024 07:23 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24249160

HOA Y/N No

Year Built 1949

Lot Size 7,435 Sqft

Property Description

FIRST TIME ON THE MARKET!! Located in the highly desirable NW of Burbank, one block below Kenneth. This pride of ownership property is well maintained 5-units plus 1 new ADU! 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 been completed in 2021, 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.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Cooling Central Air, See Remarks

Flooring Laminate

Fireplace No

Laundry None

Exterior

Parking Features On Site

Pool None

Community Features Sidewalks

Utilities Available Electricity Available, Natural Gas Available

Roof Type Shingle

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2455023016

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Maya Gulbekova • Re/Max Tri-City Realty • 818-427-1772

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agent

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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