2924 W Riverside DR, Burbank, CA 91505 – 24347833

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Gatehouse Properties

GateHouse Properties

info@gatehouseproperties.com +1(714) 743-9882

$ 2,295,000

Est. payment | -/mo

6 Beds

6 Baths

3,449 SqFt

Save

$ 2,295,000

Est. payment | -/mo

Save

6 Beds

6 Baths

3,449 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,449 sqft

Price per Sqft $665

MLS Listing ID 24347833

Bedrooms 6

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1939

Lot Size 0.270 Acres

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!

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Interior Features Ceiling Fan(s)

Flooring Laminate, Tile, Wood

Fireplace No

Laundry See Remarks

Exterior

Parking Features Attached Carport, Covered, Garage, Private, One Space

Garage Spaces 4.0

Carport Spaces 1

Garage Description 4.0

Pool None

View Y/N Yes

Roof Type Composition,Shingle

Attached Garage Yes

Total Parking Spaces 6

Private Pool No

Building

Lot Description Landscaped

Story 1

Entry Level One

Foundation Raised

Sewer Other

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Schools

School District Burbank Unified

Others

Senior Community No

Tax ID 2485029019

Special Listing Condition Standard

Listed by Craig Strong • Compass

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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2924 W Riverside DR Burbank, CA 91505