RENTED NOV 10, 2025

Estimated Value: $988,000 - $1,061,000

3 Beds
2.5 Baths
1,560 Sq Ft
$655/Sq Ft Est. Value

Highlights

  • 1.39 Acre Lot
  • No HOA
  • 2 Car Attached Garage
  • Ralph Emerson Elementary School Rated A-
  • Neighborhood Views
  • Living Room

About This Home

As of November 2025

Welcome to The Villas on Olive, a beautifully maintained community just minutes from the charming Burbank Village area. This fabulous three-level townhouse combines style, comfort, and convenience in one of Burbank's most desirable neighborhoods. Inside you'll be greeted by a bright and open floor plan, enhanced by vibrant designer colors, crown molding, and elegant wood flooring. The first level offers a seamless flow between the gourmet kitchen, spacious dining area, and inviting family room, perfect for both everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a serene primary suite complete with a private balcony and sweeping views. Downstairs, the attached two-car garage, an uncommon luxury in Burbank townhomes, includes an expansive storage area for added convenience. With lush landscaping, a thoughtfully designed row-house layout, and a location near Kenneth Road and all the shopping, dining, and entertainment that downtown Burbank has to offer, this townhouse is the perfect blend of modern living and classic charm.

Last Agent to Rent the Property

Tessy Thomas

JohnHart Real Estate Brokerage Phone: 818-934-6279 License #02027591 Listed on: 10/03/2025

JohnHart Real Estate

Last Renter's Agent

Tessy Thomas

JohnHart Real Estate Brokerage Phone: 818-934-6279 License #02027591 Listed on: 10/03/2025

JohnHart Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2004

Lot Details

  • 1.39

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,250
  • 12-Month Minimum Lease Term
  • Available 9/23/25
  • Tax Lot 1
  • Tax Tract Number 53742
  • Assessor Parcel Number 2455024068

Community Details

Overview

  • No Home Owners Association
  • 36 Units

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2025-09-23
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4250
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 2455024068
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1560.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.72
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 60679.00
  • Lot Size Acres: 1.3930

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 60679.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2014
Sold by
Ramasubramanian Mahesh and Kuchikulla Purnima Reddy
Bought by
The Mahesh Family Revocable Trust
Current Estimated Value
$1,021,330

Purchase Details

Closed on
Sep 14, 2004
Sold by
Olive Villas Townhomes Llc
Bought by
Ramasubramanian Mahesh and Kuchikulla Purnima R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,920
Outstanding Balance
$240,781
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$780,549
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

Date Buyer Sale Price Title Company
The Mahesh Family Revocable Trust -- None Available
Ramasubramanian Mahesh $669,900 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramasubramanian Mahesh $535,920
Closed Ramasubramanian Mahesh $66,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Rented $4,250 0.0% --
10/30/2025 10/30/25 Price Changed $4,250 -2.3% $3 / Sq Ft
10/03/2025 10/03/25 For Rent $4,350 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,227 $933,905 $557,556 $376,349
2024 $10,227 $915,594 $546,624 $368,970
2023 $10,118 $897,642 $535,906 $361,736
2022 $9,655 $880,043 $525,399 $354,644
2021 $8,492 $760,000 $454,200 $305,800
2020 $8,483 $760,000 $454,200 $305,800
2019 $7,903 $715,000 $427,300 $287,700
2018 $7,999 $715,000 $427,300 $287,700
2016 $7,067 $638,000 $381,000 $257,000
2015 $6,398 $580,000 $346,500 $233,500
2014 $6,109 $544,000 $325,000 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25223987

California Regional Multiple Listing Service (CRMLS)

APN: 2455-024-068