611 E Olive 106, Burbank, California 91501, Burbank, 91501 - 2 bed, 3 bath
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Burbank, California 91501
This Modern Multi-Level Townhome is a Strong Value Opportunity, listed at $849,000—positioned well below the $932,841 Fair Market Value by 8%. This valuation gap provides $83,841 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the residence features a renovated kitchen, hardwood floors, and two private rooftop decks with stunning city views. Located in the prestigious Burbank Unified School District near major studios, this property perfectly balances financial upside with a premium urban lifestyle. It is an ideal acquisition for Owner-Occupants or professionals seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 E Olive 106 Subject | $849,000* List Price | 2 | 3 | 1,527 | $611 | - |
A 101 N Kenneth Road Sold | $1,080,000 | 3 | 3 | 1,614 | $669 | 0.1 mi |
B 527 B E Elmwood Sold | $769,000 | 2 | 3 | 1,329 | $579 | 0.5 mi |
C 429 E Providencia B Sold | $710,000 | 2 | 2 | 1,050 | $676 | 0.4 mi |
D 311 S Fifth Street D Sold | $700,000 | 2 | 3 | 1,080 | $648 | 0.2 mi |
E 330 N 5th Street Active | $749,947 List Price | 2 | 3 | 1,281 | $585 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant modern updates that exceed its 1992 build year. The kitchen has been renovated with contemporary flat-panel white cabinetry, stone countertops, and stainless steel appliances. The primary bathroom features a modern dual-sink vanity and an updated walk-in shower with glass sliding doors. Throughout the home, there are high-quality finishes including hardwood flooring, recessed lighting, and crown molding. While the interior is extensively updated, the property's age and the condition of the rooftop deck area align best with the 'good' category rather than 'excellent'.
The property features two rare private rooftop decks with stunning city views, providing exceptional outdoor living and entertaining space that is highly coveted in Burbank.
Situated near major studios, downtown Burbank, and top-rated schools, this home offers unparalleled convenience for industry professionals and families alike.
The 1,527 sq. ft. floor plan includes a versatile bonus room and rare side-by-side parking spaces, offering more utility and convenience than typical townhome configurations.
The three-level design may be a drawback for buyers with mobility concerns or those who prefer a more integrated, single-level living experience.
The monthly HOA fee of $515 is relatively high, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
Beautifully maintained, move-in ready 3-level townhome offering 2 bedrooms, 2.5 baths, a bonus room, and 1,527 sq. ft. of well-designed living space. Features include hardwood floors, high ceilings, crown molding, and a welcoming living room with fireplace. The primary suite includes a walk-in closet and ensuite bath. A secondary bedroom shares a Jack-and-Jill bath with a versatile bonus room ideal for an office or guest space. Incredible two private rooftop decks with stunning city views. Additional highlights include separate in-unit laundry, two side-by-side parking spaces, and a prime location near downtown Burbank, shopping, dining, major studios, minutes to Burbank Airport, and top-rated schools. This townhome blends convenience, comfort, and style—a rare opportunity in a highly sought-after neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,527 | 1,428 | 50% |
| Lot Size | 7,236 | 7,644 | 17% |
| Price | $849.0K | $809.0K | 50% |
| Price per sq ft | $556 | $628 | 17% |
| Built year | 1992 | 1987 | 50% |
| HOA | $515.0 | $350 | 83% |
| Days on market | 27 | 119 | 17% |
Mar 26, 2026
$849,000
Initial Listing
Apr 15, 2011
$265,000
Public Record
Feb 28, 1997
$165,000
Public Record