621 E Olive Ave Burbank, CA 91501

This property is now active in an online auction. Auction starts Sunday 12/28 and ends Tuesday 12/30. All offers must be submitted through the property's listing page. Call listing agent for more details. This 3 bedroom, 2.5 bath townhouse offers a flexible floor plan and is ready for renovation and customization. The main level features a spacious living and dining area with a fireplace and two sizable balconies, providing excellent potential for indoor-outdoor living. The 2nd floor includes 3 bedrooms, highlighted by the primary bedroom with en-suite bathroom. All bedrooms have access to a balcony. The 3rd level offers access to the rooftop patio with mountain-top views, an ideal space to reimagine for entertaining or relaxation. Additional features include in-unit laundry, two side-by-side parking spaces in a gated garage, and storage lockers. Centrally located near shopping, dining, and entertainment. The property is subject to California Civil Code Section 2429p (First Look program) for the first 30 days of marketing. Eligible owner-user buyer offers will be considered within the first 30 days of marketing, all offers thereafter. Owner occupants are those buyers that will occupy the property as their principal residence within 60 days of close and will maintain their occupancy for at least 1 year. Buyer to sign an Affidavit of Owner-Occupancy with contract. An investor, trust, vacation or part-time residence, or purchasing for another person will be considered an investor and are not eligible for First Look. Investor bids are negotiated on day 31 of listing (1/20/26). This sale is subject to a 5% buyer's premium (pursuant to the auction Terms & Conditions) will be added to all winning bid amounts to determine the Total Purchase Price. All bids will be subject to seller approval (minimums may apply). See auction website for more information. To help visualize this unit's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. Cash/Hard Money or Renovation Loans only. Purchasers may use any lender they choose to finance the purchase of a property. However, the seller requires that all non-cash offers must be pre-qualified by NewRez Home Loan Division prior to offer acceptance.