2924 W Riverside Drive, Burbank, CA 91505

$2,295,000
6
BD
6
BA
3,449
SqFt

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List Price
$2,295,000
Price Change
▼ $100,000 1713521226
Status
ACTIVE UNDER CONTRACT
MLS#
24347833
Year Built
1939
Bedrooms
6
Bathrooms
6
Living Sq. Ft
3,449
Lot Size
11,771
Acres
0.27
Lot Location
Landscaped
Days on Market
914
Property Type
Multifamily
Stories
One Level

Property Description

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!

Additional Information

Pool Description
None
Exterior Construction
Stucco
Roof
Composition, Shingle
Garage Spaces Total
4
Sewer
Other
School District
Burbank Unified
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Craig Strong (info@strongrealtor.com) from Listing Office: Compass.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.