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!
Property Details
Price:
$2,295,000
MLS #:
24347833
Status:
Active Under Contract
Baths:
0
Address:
2924 W Riverside Drive
Type:
Residential Income
Neighborhood:
610burbank
City:
Burbank
Listed Date:
Jan 16, 2024
State:
CA
ZIP:
91505
Lot Size:
11,771 sqft / 0.27 acres (approx)
Year Built:
1939
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Mortgage Calculator
Schools
Interior
Flooring
Wood, Laminate, Tile
Interior Features
Ceiling Fan(s)
Exterior
Foundation Details
Raised
Garage Spaces
4.00
Lot Features
Landscaped
Parking Features
Attached Carport, Covered, Parking Space, Garage, Private
Parking Spots
6.00
Pool Features
None
Roof
Composition, Shingle
Sewer
Other
Spa Features
None
Stories Total
1
Financial
Tenant Pays
Cable T V, Electricity, Gas, Insurance, Trash Collection
Map
Community
- Address2924 W Riverside Drive Burbank CA
- Area610 – Burbank
- CityBurbank
- CountyLos Angeles
- Zip Code91505
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2924 W Riverside Drive
Burbank, CA
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