Active

2912 W Riverside Dr

Burbank, CA 91505

Given its prime location in the heart of the Burbank Media Center, directly between Warner Bros Studios and Walt Disney Studios, the property grants its tenants convenient access to several major media employers.

Sales Price $1,875,000

Beds

4

Baths

4

Home Size

2930 Sq. Ft.

Lot Size

8333 Sq. Ft.

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Given its prime location in the heart of the Burbank Media Center, directly between Warner Bros Studios and Walt Disney Studios, the property grants its tenants convenient access to several major media employers.

Because the property is subject only to Burbank's local rent ordinance, an investor can benefit from higher allowable rent increases and more favorable landlord privileges when compared with similar properties in Los Angeles. Each of the units contains its own in-unit washer/dryer and has its own parking garage, with these amenities helping to attract higher-paying tenants. The roof was recently replaced and the plumbing has been upgraded with copper pipes. A new owner may potentially add significant value by constructing new ADUs on the property as well, given its existing parking garages and additional open parking area (Buyer to verify). In addition to the numerous studios within Burbank, including Walt Disney Imagineering, Nickelodeon Studios, Dreamworks Animation, and Cartoon Network, the property allows tenants comfortable commutes to several employers within nearby Studio City, Glendale, and Hollywood.

This home located at 2912 W Riverside Dr is currently active and has been available on pardeeproperties.com for 157 days. This property is listed at $1,875,000. It has 4 beds and 4 bathrooms. The property was built in 1941. 2912 W Riverside Dr is in the Burbank community of Los Angeles County.

Quick Facts

  • 157 days on market
  • Built in 1941
  • Total parking spaces 6Car
  • Assigned, Garage Is Detached
  • Community | Burbank
  • MLS# | 26641367

Features

  • Other Cooling
  • Other Heat
Listed By

Roderick 'Rick' Raymundo

Marcus & Millichap

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