NOT LISTED FOR SALE

731 E Olive Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,028,000 - $1,082,000

3 Beds
2.5 Baths
1,560 Sq Ft
$670/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $760,000 $487 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,691/month

27 Days on Market

Highlights

  • View of Trees or Woods
  • 60,663 Sq Ft lot
  • Traditional Architecture
  • Ralph Emerson Elementary School Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of August 2019

Beautiful 3 bed and 3 bath townhouse with direct entrance from attached 2 car private garage or from your own front door with a porch. Split level for dining and living area throughout hardwood floors, high ceilings, recessed lights. Upper level provides a large kitchen with a granite counter top, stainless double door oven, microwave, cook top, and an island breakfast bar. A large laundry room has enough space for side by side washer and dryer. Lower leveled living room with a fireplace. Upstairs has a master bedroom with a private balcony and a large master bathroom including spa tub and separate shower. Upstairs has two more bedrooms and an additional full bathroom. This townhouse has two huge bonus storage areas. Convenient location. Just minutes away from downtown Burbank with shopping, plenty of fine restaurants and great schools.

Last Agent to Sell the Property

Brian Yang

Propertylink Real Estate, Inc. License #01792107 Listed on: 05/25/2019

Last Buyer's Agent

Rafael Mendez

Jason Mitchell Real Estate Ca License #01482855

Jason Mitchell Real Estate Ca

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,045

Year Built

  • Built in 2004

Lot Details

  • 1.39

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,560 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Views of Woods

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Gas And Electric Dryer Hookup

Home Security

Parking

  • Attached Garage
  • Guest Parking

Additional Features

  • Covered Patio or Porch
  • 1.39 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2455-024-048

Community Details

Overview

  • 36 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,045

Year Built

Built in 2004

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Traditional
  • Street Number Display: Yes
  • Complex Name: Villas at Olive HOA
  • Entry Floor: 3
  • Living Area: 1560
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 2004
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Microwave, Range/Oven
  • Price Per S Q F T: 493.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Guest Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 245.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2455-024-048
  • Geocode Override: No
  • Lot Size Area: 60663

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Jul 18, 2019
Sold by
Rhee Seungchul
Bought by
Renna Giorgio H and Low Shelley
Seller's Agent
Brian Yang
Propertylink Real Estate, Inc.
Buyer's Agent
Rafael Mendez
Jason Mitchell Real Estate Ca
List Price
$770,000
Sold Price
$760,000
Premium/Discount to List
-$10,000
-1.3%
Current Estimated Value
$1,044,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,676
Avg. Annual Appreciation
5.38%
Original Mortgage
$360,000
Outstanding Balance
$316,614
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$728,062

Purchase Details

Closed on
Jan 17, 2006
Sold by
Hwang Hee
Bought by
Rhee Seungchul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,300
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2005
Sold by
Riley Dennis R and Riley Wendy L
Bought by
Rhee Seungchul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,300
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2004
Sold by
Olive Villas Townhomes Llc
Bought by
Riley Dennis R and Riley Wendy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,920
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Renna Giorgio H $760,000 Chicago Title Company
Rhee Seungchul -- Chicago Title Co
Rhee Seungchul $659,000 Chicago Title Co
Riley Dennis R $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renna Giorgio H $360,000
Previous Owner Rhee Seungchul $275,000
Previous Owner Rhee Seungchul $250,000
Previous Owner Rhee Seungchul $461,300
Previous Owner Rhee Seungchul $461,300
Previous Owner Riley Dennis R $487,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $760,000 -1.3% $487 / Sq Ft
05/25/2019 05/25/19 For Sale $770,000 -- $494 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $9,045 $831,167 $486,452 $344,715
2024 $9,045 $814,870 $476,914 $337,956
2023 $8,947 $798,893 $467,563 $331,330
2022 $8,537 $783,230 $458,396 $324,834
2021 $8,578 $767,873 $449,408 $318,465
2019 $7,827 $715,000 $466,400 $248,600
2018 $7,922 $715,000 $466,400 $248,600
2016 $7,309 $667,200 $435,200 $232,000
2015 $6,305 $578,400 $377,300 $201,100
2014 $6,065 $547,000 $356,800 $190,200
Source: Public Records

Agents Affiliated with this Home

  • Brian Yang

    Seller's Agent in 2019

    Brian Yang

    Propertylink Real Estate, Inc.

    (213) 500-4465

    11 Total Sales

    Brian Yang
    Section Image

  • R

    Buyer's Agent in 2019

    Rafael Mendez

    Jason Mitchell Real Estate Ca

    Section Image
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Map

Source: The MLS

MLS Number: 19-470430

The MLS

APN: 2455-024-048

California Los Angeles County Burbank 91501 Hillside District

731 E Olive Ave, Burbank, CA

This home is located at 731 E Olive Ave, Burbank, CA 91501 since 25 May 2019 and is currently estimated at $1,044,676, approximately $669 per square foot. This property was built in 2004. 731 E Olive Ave is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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