$2,295,000

2924 W Riverside Drive, Burbank, CA 91505

  • 3,449 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $665/sqft
  • Property List Date Icon Listed 1 year ago

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 o

Listing Status:
Pending
Date Added:
January 16, 2024 at 06:00AM
Listing Office:
Compass :
Listing Agent:
Craig Strong : 818-930-4050
MLS ID:
CL24347833
  • Laundry: See Remarks
  • Flooring: LaminateTileWood
  • Parking: CoveredOtherPrivate
  • General: Stucco
  • County: Los Angeles
  • Zoning: BUR42485029019
  • Utilities: Other Water/Sewer
  • Water: Other

This listing courtesy of Craig Strong, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Robert Louis Stevenson Elementary

3333 W Oak St, Burbank, CA, 91505

Grades KG-5

0.73 miles away

D

David Starr Jordan Middle School

420 S Mariposa St, Burbank, CA, 91506

Grades 6-8

1.25 miles away

J

John Burroughs High School

1920 W Clark Ave, Burbank, CA, 91506

Grades 9-12

1.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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