2924 W Riverside Dr, Burbank, CA 91505
FOR SALE0.27 ACRES

2924 W Riverside Dr
Burbank, CA 91505

  • 6 Beds
  • 6 Baths
  • 3,449 sqft (on 0.27 acres)
  • 6 Beds
  • 6 Baths
  • 3,449 sqft (on 0.27 acres)

$2,295,000

Original price: $2,395,000
Est. Mortgage $14,557/mo*
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Local Information

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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!
Property Website

Home Highlights

Parking
4 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$665
Listed
103 days ago

Home Details for 2924 W Riverside Dr

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Bedroom, Bathroom, Kitchen
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6
Dimensions and Layout
Living Area: 3449 Square Feet
Appliances & Utilities
Appliances: Range/Oven, MultiTank Water HeaterLaundry: In Unit,Other,Gas Dryer Hookup
Heating & Cooling
Heating: Wall GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Wall Gas
Fireplace & Spa
Spa: None
Windows, Doors, Floors & Walls
Flooring: Hardwood, Laminate, Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneEntry Location: Ground Level w/stepsFloors: Hardwood, Laminate, Tile
View
Has a ViewView: Walk Street

Exterior Features

Exterior Home Features
Roof: Composition ShingleOther Structures: OtherFoundation: Raised
Parking & Garage
Number of Garage Spaces: 4Number of Carport Spaces: 1Number of Covered Spaces: 5Open Parking Spaces: 1Has a CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 6Parking: Attached,Attached Carport,Covered,Detached,Parking Space,Garage Is Attached,Garage Is Detached,Garage - 4+ Car,Garage,Private Garage
Pool
Pool: None
Frontage
Waterfront: NoneRoad Frontage: Walk StreetNot on Waterfront
Water & Sewer
Sewer: In Street

Days on Market

Days on Market: 103

Property Information

Year Built
Year Built: 1939
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Garden Home
Building
Construction Materials: StuccoNo Additional Parcels
Property Information
Condition: Repair Cosmetic

Price & Status

Price
List Price: $2,295,000Price Per Sqft: $665

Active Status

MLS Status: Active

Location

Direction & Address
City: Burbank
School Information
Elementary School District: Burbank UnifiedJr High / Middle School District: Burbank UnifiedHigh School District: Burbank Unified

Agent Information

Listing Agent
Listing ID: 24-347833

Building

Building Area
Building Area: 3449 Square Feet

Lot Information

Lot Area: 0.27 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection

Rental

Owner Pays: Grounds Care, WaterNo Rent Control

Miscellaneous

Mls Number: 24-347833Listing Url
Last check for updates: about 15 hours ago
Listing courtesy of Craig Strong DRE # 01450987, (818) 930-4050
Compass
Kristin Neithercut DRE # 02003278, (323) 397-0800
Compass
Source: CLAW, MLS#24-347833

Price History for 2924 W Riverside Dr

DatePriceEventSource
04/19/2024$2,295,000PriceChange
CLAW #24-347833
03/22/2024$2,395,000PriceChange
CLAW #24-347833
02/29/2024$2,445,000PriceChange
CLAW #24-347833
01/17/2024$2,495,000Listed For SaleCLAW #24-347833

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2907 W Riverside Dr, Burbank, CA
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$1,475,000
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6,752
3901 W Heffron Dr, Burbank, CA
0.88
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$1,340,000
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3
2,459
221 N Myers St, Burbank, CA
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What Locals Say about Burbank

  • Trulia User
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    "The drivers are a little crazy so keep your kids tightly in hand. The community is beautiful and businesses are all very personable. We have felt like neighbors rather than tourists. "
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    "The thing that makes this community is the actual sense of community which is hard to come by in LA County. I think people feel this and strive to meet those ends "
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    "Ummm there are film studios near by and ummmm a lot of Armenian pride. It’s safer I guess than some other LA area neighborhoods. It’s kinda central to lots of other areas. "
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    "I've lived in this neighborhood for almost 5 years and all of my neighbors have been super friendly. It appears to be safer than other areas of LA and it's extremely dog friendly. I always see a lot of people walking their dogs when I'm walking my dog"
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  • Trulia User
    "Everything all in one place! You have your restaurants, bars, movie theatre, grocery stores, baseball fields and so much more."
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    "The neighborhood is extremely dog friendly. I always see people walking there dogs in the mornings and evenings. There are a couple of parks near by that are dog friendly. Then only problem is being out to look late and the coyotes are around. Everyone with a small dog knows not to leave them outside and also don't take them out for late night walks."
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  • Trulia User
    "Commute in the morning is fairly good. Commute in the afternoon/evening can be a hassle due to an abundance amount of traffic. "
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  • Trulia User
    "Nothing. It’s overcrowded. There are too many apartments and no parking. The neighbors speed up and down the streets and alleys. "
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  • Trulia User
    "Safe, nerdy, and lots of delicious food. There's also an arcade at the mall! Wish there were more shopping on the non-mall end of San Fernando though. it's mostly food now. Some activities would be nice too. But groceries, pharmacy, nice neighbors! It's a lovely place to live."
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    "burbank is a lot nicer of a neighborhood. glendale is nice but its overcrowded and not as friendly. "
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  • Trulia User
    "John Muir middle school is great and it’s a very sage neighborhood. The center is walking distance. "
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  • Trulia User
    "Don’t have one - work from home so this does not apply to me. I’m guessing most people are fine since close to 3 freeways 5/ 134/101"
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  • Trulia User
    "walking distance to everything and public transportation is highly accessible and close by the neighborhood. "
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    "Very clean and nice community. Friendly neighbors. And for the most part people pick up after their pets. "
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    "Live in Burbank is safe , is the best place for family, there are best schools , there are some parks nearby.."
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  • Lousgurl1
    "Most houses on my street have a dog or dogs! Very pet friendly. There are a few exceptions, like the ones who have the dog off leash or seem to have "forgot" a poop bag. There are also more than a few animal hospitals. "
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  • Tatiana D. L. C.
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  • Rodney.kurihara
    "Lots of sidewalks to walk but also the hills provide room for the dogs and their owners. Lots of trails and mountain roads to walk along. "
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  • Star C.
    "Friendly, clean and safe neighborhood! Close enough to a lot, but still has a suburban-ie feel to it. Plus we have our own water and power company which can be nice. Downtown Burbank is great and has tons of yummy restaurants. Also close to all the major studios so the entertainment and art feel about the whole area is pretty spot on! Great schools too! "
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  • Lori S.
    "family friendly, pet friendly. Able to walk through neighborhoods safely. Street parking is not good. "
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  • Wilsonea9
    "There are people walking their horses and mini horses throughout the neighborhood which my dog absolutely loves. There’s lots of beautiful space to walk. There’s always a few bad apples who don’t leash their dogs but for the most part people are responsible "
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  • Elizabeth P.
    "It is a very dog friendly city. People look out for each other’s pets as well on a Neighborhood blog"
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  • Ashlee B.
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  • Lesley
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  • Schobgirl
    "Nothing happens in our neighborhood. City has events and we have parties for family and friends. Christmas, Halloween, Thanksgiving, Derby Day, Fourth of July"
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  • Crystal R.
    "Family and friends everywhere you go. Everyone knows everyone and most people are friendly. Burbank host weekends shows, car shows, movie nights in the park, small festivals, food truck nights and other events that allows the community to meet and socialize with one another."
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  • Missmichelle.gcc
    "Enjoying the monthly food trucks along Magnolia Blvd and other special events like Holiday in the Park give me that small hometown feel. "
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  • Ashrlsutton
    "Great neighborhoods & great schools. I love Burbank. Been here seven years. Love the shops, restaurants, and proximity to everything LA has to offer."
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  • Elena S.
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LGBTQ Local Legal Protections

Craig Strong, Compass
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2924 W Riverside Dr, Burbank, CA 91505 is a 6 bedroom, 6 bathroom, 3,449 sqft multi-family built in 1939. This property is currently available for sale and was listed by CLAW on Jan 17, 2024. The MLS # for this home is MLS# 24-347833.