615 E Olive A, Burbank, California 91501, Burbank, 91501 - 2 bed, 2 bath

615 E Olive A, Burbank, California 91501 home-pic-0

615 E Olive A

Burbank, California 91501

ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,734Sq Ft
7,286Lot Size

Property Price

LIST PRICE$950,000

SUMMARY

Analysis of 615 E Olive A, Burbank, California 91501 is currently available with a list price of $950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1965, this condo shows signs of regular maintenance and some updates, such as dark wood laminate flooring throughout and painted kitchen cabinets. However, the kitchen features dated tile countertops and backsplash, and one bathroom retains a very outdated vanity and tub surround. While functional and move-in ready, these key areas would require substantial cosmetic renovation to meet modern standards, placing it in the 'Fair' category.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Burbank Location & Accessibility

    Unbeatable location in a highly desirable Burbank neighborhood, offering excellent schools and convenient access to the Burbank Library, Mall, Downtown restaurants, shops, freeways, and studios.

  • Exceptional Space & Versatility

    Generous 1734 SF single-story layout with 2 spacious bedrooms, expansive closets, an oversized utility/storage room (versatile as an office/studio/workshop), and an additional workshop below, providing ample and flexible space.

  • Private Outdoor & Direct Access

    Features a private patio and direct street access, offering a more home-like feel and outdoor living space, which is a rare and desirable amenity for condo living.

CONSRISKS & DEFICIENCIES

  • Age of Building

    Built in 1965, the property's age suggests potential for aging infrastructure or systems (e.g., plumbing, electrical, HVAC) that may require future maintenance or upgrades not explicitly mentioned as modernized.

  • Lack of Desirable Views

    The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic or city views, potentially limiting its appeal compared to units with premium vistas.

  • Potential for Outdated Interior Elements

    While laminate floors are mentioned, the description does not detail comprehensive modernizations of key areas like the kitchen or bathrooms, which, given the 1965 build, might be dated and require renovation to meet contemporary buyer expectations.

About 615 E Olive A

Rare Opportunity in Prime Burbank! Don't miss this spacious 1734 SF single-story condo offering the comfort of a home with the convenince of condo living. Featuring 2 generously sized bedrooms., expansive closets and bright open floor plan with oversized windows, and fireplace with terrazzo tile, this residences designed for effortless living and entertaining. Enjoy direct street access and your own private patio, perfect for relaxing outdoors. Inside you will find dark wood laminate floors, in-unit laundry, a spacious entryway closet, and oversized utility/storage room- versatile enough to be used as a remote office, creative studio or workshop a rare find in condo living. Wired for Security System with gated front security door. Find a workshop below perfect for projects and additional storage in addition to 2 side-by-side parking spaces with gated entry, and low HOA dues in an intimate 8-unit building. With its unbeatable location, generous square footage, and multipurpose spaces, this Burbank gem is the perfect blend of convenience and value. Conveniently located near the Burbank Library, Mall, Downtown restaurants and shops. This highly desirable neighborhood with excellent schools and easy access to freeways, studios and conveniences.

Property Details

Public Facts

Property Type
Condominium
Year Built
1965
Lot Size
7,286 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$391.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,7341,317
93%
Lot Size7,2868,137
33%
Price$950.0K$800.0K
93%
Price per sq ft$548$608
33%
Built year19651981
13%
HOA$391.0$407
47%
Days on market24164
7%

Pricing History

Listed for Sale

Feb 10, 2026

$950,000

Initial Listing

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