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.
For sale
Listing Provided by:
Maya Gulbekova DRE #01347394 818-427-1772,
Re/Max Tri-City Realty
$2,395,000
607 E Olive Ave, Burbank, CA 91501
--beds
--baths
3,500sqft
Est.:
Mixed Use
Built in 1949
-- sqft lot
$2,357,000 Zestimate®
$684/sqft
$-- HOA
What's special
- 228 days
- on Zillow |
- 142 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 08:24pm
Listing Provided by:
Maya Gulbekova DRE #01347394 818-427-1772,
Re/Max Tri-City Realty
Source: CRMLS,MLS#: GD24249160
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Cooling
- Central Air, See Remarks
Appliances
- Laundry: None
Features
- Flooring: Laminate
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 9
- Parking features: Concrete, On Site
- Uncovered spaces: 9
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 7,434 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 2455023016
- Zoning: BUR4*
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $684/sqft
- Tax assessed value: $609,533
- Annual tax amount: $7,464
- Date on market: 12/13/2024
- Listing terms: 1031 Exchange
- Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Water
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