NOT LISTED FOR SALE

704 E Olive Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,398,000 - $2,317,000

7 Beds
7 Baths
4,280 Sq Ft
$476/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2012

Last sale price $930,000 $217 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $12,091 / mo

8 Days on Market

About This Home

As of December 2012

Great 3-unit building above Glenoaks in Burbank! Creme de la creme! Some remodeling done in 2011. 3 car garage, 1 car carport, 9 off street parking spaces. 3 Bed 3 Bath Owner's Unit $1925. 2 Bed 2 Bath $1750. 2 Bed 2 Bath $1500.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 10/08/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,134 Sq Ft Lot

Parking

  • 3 Car Garage
  • 1 Carport Space

Home Design

  • 4,280 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 2455017020

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $2,142
  • Maintenance Expense $20,829
  • Pest Control $450
  • Professional Management Expense $3,036
  • Trash Expense $852
  • Water Sewer Expense $1,435
  • New Taxes Expense $10,125
  • Gross Income $5,275
  • Net Operating Income $23,471

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

7,134 Sq Ft Lot

Parking

3

Listing Details

  • Professional Management Expense: 3036.00
  • Water Sewer Expenses: 1435.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 2455017020
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 217.29

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 9.00

Utilities

  • Pest Control Expense: 450.00
  • Trash Expense: 852.00

Lot Info

  • Lot Size Sq Ft: 7134.00
  • Lot Size Acres: 0.1640

Multi Family

  • Gross Income: 5275.00
  • Gross Scheduled Income: 63300.00
  • Insurance Expense: 2142.00
  • Lot Size Area: 7134.0000 Square Feet
  • Maintenance Expense: 20829.00
  • Net Operating Income: 23471.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 39829.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10125.00
  • Tax Lot: 20

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Bought by
Current Estimated Value
$2,037,587

Purchase Details

Closed on
Apr 4, 2017
Sold by
Bought by

Purchase Details

Listed on
Oct 8, 2012
Closed on
Oct 22, 2012
Sold by
Bought by
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$899,998
Sold Price
$930,000
Premium/Discount to List
$30,002
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$644,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$930,009 Fidelity Van Nuys
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $644,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $930,000 +3.3% $217 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $899,998 -- $210 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,279 $1,145,216 $738,852 $406,364
2024 $12,849 $1,122,762 $724,365 $398,397
2023 $12,715 $1,100,748 $710,162 $390,586
2022 $12,146 $1,079,166 $696,238 $382,928
2021 $12,083 $1,058,007 $682,587 $375,420
2020 $11,951 $1,047,159 $675,588 $371,571
2019 $11,600 $1,026,628 $662,342 $364,286
2018 $11,417 $1,006,499 $649,355 $357,144
2016 $10,820 $967,418 $624,141 $343,277
2015 $10,602 $952,887 $614,766 $338,121
2014 $10,582 $934,222 $602,724 $331,498
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2012

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    43 in this area

    348 Total Sales

    Brad Korb
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B12125072

California Regional Multiple Listing Service (CRMLS)

APN: 2455-017-020

California Los Angeles County Burbank 91501 Hillside District

704 E Olive Ave, Burbank, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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