Multi-Family for sale in Southern California — $2,295,000. 6 beds · 6 baths · 3,449 sqft. 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…
$2,295,000
2924 W Riverside Drive, Burbank, CA 91505
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!
Listing updated: September 30, 2024 at 11:42 AM
Listed by: Craig Strong, Compass
Source: CRMLS, MLS#: 24347833, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
4/18/2024 Source: CRMLS, #24347833 | Price change | $2,295,000$665/sqft-4.2% |
| 1/16/2024Source: CRMLS, #24347833 | Listed for sale | $2,395,000$694/sqft |
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