$2,295,000
6 Bed
6 Bath
3,449
0.27 Acre Lot

2924 W Riverside Drive, Burbank, California 91505

  • Residential Income Property Type
  • 3,449 Square Footage
  • Garage Cars Garage
  • 1939 Year Built
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!

Basic Details
Residential Income
For Sale
24347833
$2,295,000
6
6
3,449
1939
0.27 Acre
Active Under Contract
: Shingle, Composition
Features
: None
: Garage, One Space, Private, Covered, Attached Carport
1.0
: Laminate, Tile, Wood
: Ceiling Fan(s)
: See Remarks
: Other
$0
Address Map
CA
Los Angeles
Burbank
91505
Riverside
2924
Drive
W119° 40' 9.7''
N34° 9' 3.8''
South of 134, West of Bob Hope Drive
610 - Burbank
W
BUR4*
Neighborhood
Burbank Unified
Additional Information
$0
$0
$0
$0
$0
1
3449
: Stucco
1
: Raised
4.0
: One
: Landscaped
6
2024-01-16
2395000
1
1
Broker/Agent Information
Compass
Craig Strong
Listing Information
Kristin Neithercut
CLW-C123711
CLW-X8146121
Compass
CLW-X67239
CLW-X8146121
Active Under Contract
2024-09-30T18:42:29Z
CRMLS
: Standard
2024-06-09T00:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069