Active

2924 W Riverside Drive

Burbank CA, 91505

$2,295,000


$665.41 per sqft

Active

6 Beds

6 Baths

3,449 sqft

Residential

Built in 1939

Listed by Craig Strong with Compass

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!

24347833

MLS ID

January 16, 2024

Listed

April 19, 2024

Updated

Map

2924 W Riverside Drive
Burbank CA, 91505

Interior Features

Total Stories

1


Bedrooms

6


Total Bathrooms

6


Interior Features

Ceiling Fan(s)


Laundry Description

See Remarks


Floor Description

Laminate, Tile, Wood


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.27 Acres


Lot Features

Landscaped


Roof

Composition, Shingle


Sewer

Other

School Information

School District

Burbank Unified

Other Property Details

Area Name

610 - Burbank


Days on Market

93


Garage

Yes


Garage Spaces

4


Parking

Attached Carport, Covered, Garage, Private, One Space


Parking Total

6


View

Yes


County

Los Angeles


Pool

No


Pool Features

None


Zoning

BUR4*


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/19/2024

Price Change

$2,295,000

-5%

3/22/2024

Price Change

$2,395,000

-3%

2/29/2024

Price Change

$2,445,000

-3%

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/19/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/19/2024 at 6:06 AM UTC

 

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