2924 W Riverside Drive, Burbank, CA 91505 - Berkshire Hathaway HomeServices California Properties

2924 W Riverside Drive, Burbank, CA 91505

$2,295,000 Approx. USD 6 beds, 6 baths
3,449 sqft

Listing Agent


Craig Strong | info@strongrealtor.com
Lic#: 01450987
Broker: Courtesy of Compass

Co Listing Agent


Kristin Neithercut | kristin@kristinneithercut.com
Lic#: 02003278
Broker: Courtesy of Compass

Agent Remarks

Welcome to 2924 West Riverside Drive, Burbank, CA! This property offers a remarkable opportunity for those seeking a prime investment in the heart of Burbank. In the sought-after Rancho District, this property boasts a total of 6 units (each its own bungalow with month-to-month tenants). This 3449 square foot gem is a rare find in today's market; each unit features one bedroom and one bathroom private casita, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot of almost 12k sq ft lot, offering ample outdoor space. Two 2-car garages add further value to the property, presenting the potential for additional dwelling units (ADUs) or providing secure parking for tenants. Conveniently located in Burbank, residents will enjoy easy access to a wide array of amenities, entertainment, and dining options including walking distance to Disney and WB Studios, Rancho Equestrian Facilities, and the Toluca Village. The bustling city of Burbank provides a vibrant backdrop for this property, with its thriving community and proximity to major attractions. Investors and homeowners alike will be drawn to the potential of this property, whether seeking a solid rental income or the opportunity to customize the space to their liking. Don't miss out on this chance to own a piece of prime real estate in Burbank. With its desirable location, spacious lot, and potential for expansion, 2924 West Riverside Drive is an exceptional opportunity not to be missed. Schedule a viewing today and explore the possibilities that this property has to offer!

Listing Details

Trust & Probate
Property type: (Multi-Family)
Status: Active Under Contract
MLS# 24347833
List price is $2,295,000 Reduced by $100,000 on 4/19/2024
Price: $2,295,000
Beds: 6
Baths: 6
Built in 1939
3,449 sqft
1 story
0.27 acres
Lot size: 0.2702
County: Los Angeles
Zoning: BUR4*
Construction: Stucco
Interior features: Ceiling Fan(s)
Parking description: Attached Carport,Covered,Garage,Private,One Space
Lot description: Landscaped
MLS area: 610 - Burbank

Last Updated: 10/21/2024

 Days On Market (DOM): 199

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This listing belongs to the 610 - Burbank MLS area

Lat/Long: 34.151051, -118.330650.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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