Seller's Agent in 2022
nick collins
The Agency
(310) 433-4946
1 in this area
47 Total Sales
1063 E Olive Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $3,229,000 - $3,733,000
5
Beds
4
Baths
4,286
Sq Ft
$815/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Art Studio
- Heated In Ground Pool
- Ralph Emerson Elementary School Rated A-
- Home Theater
- Primary Bedroom Suite
About This Home
As of September 2022Welcome to 1063 E. Olive Ave, a breathtaking 1930's Spanish Revival nestled in hillside Burbank on the border to Glendale and historic Country Club drive. Boasting exceptional privacy, spectacular outdoor space and dreamy original features, this home has it all. Past the hedges and olive trees, you will be greeted by a light-filled home with original moldings, hardware, beams and hardwood floors throughout. Entertain in the oversized formal living room, complete with a wood burning fireplace, a private terrace and backyard access. Host the family and friends in the warm formal dining room with easy access to the kitchen and family room. The remodeled kitchen has been appointed with built-ins, walk-in pantry, massive island and new stainless-steel appliances from KitchenAid. The family room has space for everyone along with an open floorplan, complete with a breakfast nook and outdoor breakfast area as well as easy access to the backyard. Original character and features are around every corner, including original built-ins in the office and bathrooms, and even an oversized California basement, perfect for a wine cellar or storage. Four oversized bedrooms, and two private balconies await upstairs, with beautiful natural light, views of mountains, Griffith Park and Downtown LA. Retreat to the Primary Suite that is nothing short of impressive. A massive space gushing with light, walk-in closet and large bathroom. Enjoy sunsets on the huge balcony overlooking the pool and garden. Sitting on a nearly 16,000sqft flat double-lot, the backyard is simply magnificent, with an oversized saltwater pool & spa, mature landscaping and trees, including Orange, Lemon and Olive trees and a huge lawn. Facing the pool, there is a detached garage with a half bath and permitted plans for a 380sqft ADU, perfect for a home studio, office or gym. Nestled in close proximity to several schools and restaurants, as well as Brand Park, DeBell Golf Club and more. A home meticulously cared for, updated and preserved. A home not to be missed.
Last Buyer's Agent
Nick Collins
The Agency License #01922418
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,681
Year Built
- Built in 1930
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 100x155
- Level Lot
- Property is zoned BUR1YY
Parking
- 2 Car Garage
- Carport
- Parking Storage or Cabinetry
- Driveway
- Auto Driveway Gate
Property Views
- City Lights
- Woods
- Mountain
- Pool
Home Design
- Colonial Architecture
Interior Spaces
- 4,286 Sq Ft Home
- 2-Story Property
- Built-In Features
- High Ceiling
- French Doors
- Formal Entry
- Great Room
- Separate Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Home Office
- Library
- Bonus Room
- Art Studio
- Workshop
- Wood Flooring
- Basement
Kitchen
- Breakfast Room
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Remodeled Bathroom
- Powder Room
- 4 Full Bathrooms
- Double Vanity
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
Outdoor Features
- Balcony
- Deck
- Enclosed Patio or Porch
- Shed
- Rain Gutters
Additional Homes
- Detached Guest House
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2456-020-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2022
Closed on
Sep 1, 2022
Sold by
William Larsen
Bought by
Shaunt And Sevanna Kodaverdian Revocable Livi
Seller's Agent
nick collins
The Agency
Buyer's Agent
nick collins
The Agency
List Price
$2,799,000
Sold Price
$3,150,000
Premium/Discount to List
$351,000
12.54%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,585
Avg. Annual Appreciation
3.66%
Original Mortgage
$2,834,685
Outstanding Balance
$2,715,152
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$778,597
Purchase Details
Closed on
Oct 14, 2021
Sold by
Larsen William
Bought by
Larsen William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,003,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 11, 2017
Closed on
Nov 28, 2017
Sold by
Bishara George and Bishara Roberta J
Bought by
Larsen William
Seller's Agent
David Fogg
Keller Williams Realty World Media Center
Buyer's Agent
Terry Canfield Schmidt
Berkshire Hathaway HomeServices California Properties
List Price
$1,998,000
Sold Price
$1,680,000
Premium/Discount to List
-$318,000
-15.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$1,085,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 27, 2007
Sold by
Bishara George and Bishara Roberta J
Bought by
Bishara George and Bishara Roberta J
Purchase Details
Closed on
Dec 20, 1993
Sold by
Bishara George and Bishara Roberta J
Bought by
Bishara George and Bishara Roberta J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shaunt And Sevanna Kodaverdian Revocable Livi | $3,150,000 | Fidelity National Title | |
| Larsen William | -- | Old Republic Title Company | |
| Larsen William | -- | Old Republic Title Company | |
| Larsen William | $1,680,000 | Lawyers Title Company | |
| Bishara George | -- | None Available | |
| Bishara George | -- | -- | |
| Bishara George | -- | -- | |
| Bishara George | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shaunt And Sevanna Kodaverdian Revocable Livi | $2,834,685 | |
| Previous Owner | Larsen William | $1,003,000 | |
| Previous Owner | Larsen William | $1,085,000 | |
| Previous Owner | Bishara George | $192,300 | |
| Previous Owner | Bishara George | $647,700 | |
| Previous Owner | Bishara George | $650,000 | |
| Previous Owner | Bishara George | $590,000 | |
| Previous Owner | Bishara George | $125,600 | |
| Previous Owner | Bishara George | $483,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2022 09/27/22 | Sold | $3,150,000 | +12.5% | $735 / Sq Ft |
| 08/31/2022 08/31/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | For Sale | $2,799,000 | +66.6% | $653 / Sq Ft |
| 12/29/2017 12/29/17 | Sold | $1,680,000 | -1.1% | $430 / Sq Ft |
| 11/18/2017 11/18/17 | Pending | -- | -- | -- |
| 11/05/2017 11/05/17 | Price Changed | $1,699,000 | -5.6% | $435 / Sq Ft |
| 09/13/2017 09/13/17 | Price Changed | $1,799,000 | -10.0% | $461 / Sq Ft |
| 07/11/2017 07/11/17 | For Sale | $1,998,000 | -- | $512 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,681 | $3,277,260 | $1,456,560 | $1,820,700 |
| 2024 | $35,681 | $3,213,000 | $1,428,000 | $1,785,000 |
| 2023 | $35,297 | $3,150,000 | $1,400,000 | $1,750,000 |
| 2022 | $19,896 | $1,801,297 | $1,104,259 | $697,038 |
| 2021 | $19,816 | $1,765,978 | $1,082,607 | $683,371 |
| 2019 | $19,014 | $1,713,600 | $1,050,498 | $663,102 |
| 2018 | $20,494 | $1,680,000 | $1,029,900 | $650,100 |
| 2016 | $7,962 | $713,322 | $220,512 | $492,810 |
| 2015 | $7,802 | $702,608 | $217,200 | $485,408 |
| 2014 | $7,785 | $688,846 | $212,946 | $475,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Seller's Agent in 2017
David Fogg
Keller Williams Realty World Media Center
-
T
Buyer's Agent in 2017
Terry Canfield Schmidt
Berkshire Hathaway HomeServices California Properties
Map
Source: The MLS
MLS Number: 22-191369
APN: 2456-020-010
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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