607 E Olive Avenue

Burbank, CA 91501
$2,645,000
0.17 acres | #GD24249160
Courtesy of Re/Max Tri-City Realty

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.

  • Property Details
      • Stories:1
      • Lot description:TwoToFiveUnitsAcre
      • Acres:0.1707
      • Property type:Multi-Family
      • Year built:1949
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityAvailable, NaturalGasAvailable
      • County:Los Angeles
      • Original List Price:$2, 645, 000
      • MLS #:GD24249160
      • Cost:2645000
      • Property subtype:MixedUse
      • MLS #:GD24249160

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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