2907 W Riverside Dr
Burbank, CA 91505
Media- 5 Beds
- 4 Baths
- 3,023 sqft
$1,590,000
Last Sold: May 27, 2026
2% below list $1.63M
$526/sqft
Est. Refi. Payment $9,780/mo*
$1,590,000
Last Sold: May 27, 2026
2% below list $1.63M
$526/sqft
Est. Refi. Payment $9,780/mo*
5 Beds
4 Baths
3,023 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1942
Living Area
3,023 sqft
Price/Sqft
$526/sqft
Parking
Garage
About this House
We are pleased to present 2907 W Riverside Drive, a four-unit multifamily investment offering approximately 17% rental upside, rear-alley ADU potential, and completed capital improvements in Burbank's highly sought-after Media District.Constructed in 1942, the property totals approximately 3,023 rentable square feet on a 6,595 square foot lot. The unit mix includes three one-bedroom, one-bath units and one two-bedroom, one-and-a-half-bath unit. All units are separately metered for gas and electricity with individual water heaters, minimizing owner utility exposure. Four detached single-car garages along the rear alley provide covered parking and create ideal configuration for potential ADU development under Burbank's ADU ordinance.In-place rents are approximately 17% below market, creating clear upside through natural turnover and light interior renovations. Current rents reflect long-term tenancy rather than functional obsolescence. A new owner can capture meaningful income growth through standard upgrades including flooring, cabinetry, countertops, appliances, and fixtures. Key capital items have been addressed including a new roof and comprehensive plumbing upgrades, materially reducing near-term capital exposure.Situated directly adjacent to Johnny Carson Park and immediately south of Warner Bros. Studios, the property benefits from consistent tenant demand driven by entertainment industry employment while operating under Burbank's tenant protection framework, which is generally more flexible than Los Angeles City rent stabilization. The location places residents within distance of major entertainment employers including Warner Bros., Disney, Nickelodeon, Cartoon Network, and DreamWorks Animation, while maintaining a quiet residential character enhanced by park frontage. Residents enjoy proximity to Magnolia Park, Downtown Burbank dining including Porto's Bakery, Burbank Town Center, and convenient 134 Freeway access to Studio City, Glendale, and Hollywood.
2907 W Riverside Dr, Burbank, CA 91505 is a 5 bedroom, 4 bathroom, 3,023 sqft multi-family in Media, built in 1942. It last sold for $1,590,000 on May 27, 2026 (2% below the $1,625,000 asking price). It is currently off market. The Trulia Estimate is $1,540,100, with a rent estimate of $3,125/month.
Home Details for 2907 W Riverside Dr
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3023 Square Feet |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Other Structures: Other |
Parking & Garage No CarportHas a GarageNo Attached GarageParking Spaces: 4Parking: Garage |
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Year Built Year Built: 1942 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 2485025015 |
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Price List Price: $1,625,000Price Per Sqft: $526/sqft |
Status Change & Dates Off Market Date: Fri May 15 2026 |
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MLS Status: Sold |
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Direction & Address City: Burbank |
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Building Area Building Area: 3023 Square Feet |
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Lot Area: 6407.676 sqft |
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Special Conditions: Standard |
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Mls Number: 26645001 |
Last check for updates: about 14 hours ago
Listed by Filip Niculete DRE # 01905352, (818) 212-2763
Marcus & Millichap, (818) 212-2700
Glen Scher DRE # 01962976, (818) 212-2808
Marcus & Millichap, (818) 212-2700
Bought with: Filip Niculete DRE # 01905352, (818) 212-2763, Marcus & Millichap, (818) 212-2700
Co-Buyer's Agent: Glen Scher DRE # 01905352, (818) 212-2808, Marcus & Millichap, (818) 212-2700
Source: CLAW, MLS#26645001

Price History for 2907 W Riverside Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 05/27/2026 | $1,590,000 | Sold | CLAW #26645001 |
| 05/15/2026 | $1,625,000 | Pending | CLAW #26645001 |
| 01/29/2026 | $1,625,000 | PriceChange | CLAW #26645001 |
| 11/17/2023 | $1,600,000 | Pending | CLAW #23-309189 |
| 10/26/2023 | $1,475,000 | Sold | N/A |
| 09/08/2023 | $1,600,000 | Listed For Sale | CLAW #23-309189 |
Market trends in Burbank
Last updated June 2026
Avg. sale price
$1.21M
$16.5KMoM
Sale-to-List Price
100.6%
0.5%MoM
Price per sq ft
$817
$9MoM
Available listings
152
15MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $16,529 |
| Assessment | $1,453,500 |
Home facts updated by county records
Comparable Sales for 2907 W Riverside Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.62 | Multi-Family Home | $1,150,000 | 04/24/26 | 4 | 3 | 2,320 | |
0.73 | Multi-Family Home | $1,610,000 | 05/28/26 | 6 | 5 | 4,077 | |
0.78 | Multi-Family Home | $1,560,000 | 05/08/26 | 8 | 4 | 3,812 | |
0.74 | Multi-Family Home | $2,000,000 | 07/17/26 | 6 | 5 | 4,077 | |
1.14 | Multi-Family Home | $1,215,000 | 09/15/25 | 4 | 3 | 2,085 | |
1.44 | Multi-Family Home | $1,975,000 | 10/31/25 | 5 | 4 | 2,664 | |
1.62 | Multi-Family Home | $1,270,000 | 10/31/25 | 5 | 4 | 3,068 | |
1.61 | Multi-Family Home | $1,535,000 | 01/24/26 | 6 | 4 | 2,928 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2907 W Riverside Dr.
What Locals Say about Media
At least 47 Trulia users voted on each feature.
97 % Say there are sidewalks
92 % Say it's dog friendly
88 % Say it's walkable to restaurants
80 % Say people would walk alone at night
78 % Say streets are well-lit
78 % Say car is needed
74 % Say it's walkable to grocery stores
71 % Say parking is easy
69 % Say there's holiday spirit
55 % Say neighbors are friendly
54 % Say kids play outside
53 % Say it's quiet
50 % Say they plan to stay for at least 5 years
46 % Say yards are well-kept
37 % Say there's wildlife
15 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 2907 W Riverside Dr
Off Market Homes Near 2907 W Riverside Dr

© 2026 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 2026-07-26 17:12:41 PDT. 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.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.