2400 West Olive Avenue

Local assessors in Burbank, CA have categorized 2400 West Olive Avenue as a commercial type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 4,567 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2400 West Olive Avenue has a total of 2,848 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 2400 West Olive Avenue is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2400 West Olive Avenue was last sold in Oct 28, 2010 for $800,000. According to our calculations, that's $280.90 per sqft. Prior to that sales transaction, the property was sold for $442,500 in Apr 18, 1995. Current property owners are expected to pay $10,790 in taxes per year. The property on 2400 West Olive Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $985,132. To break that down further, the land itself was valued at $775,795. While improvements to the property were assessed at a total of $209,337. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.