$2,325,000
3027 W Riverside Drive
Burbank, CA 91505
—
Beds
—
Baths
7,144
Square feet
1941
Built
Listing narrative
Description
First time on the market in 35 years. Don't miss this excellent opportunity to acquire a well-located five-unit multifamily 5 unit apartment building in a highly desireable area of Burbank. There are (4) - 1 Bedroom units and (1) - 2 bedroom unit. There are (3) - 1 car garages and (1) - 2 car garage with Teal Ct access. This income producing building has approximately 4,363 square feet and sits on a 7,160 square foot corner lot. The property offers a desirable unit mix and on-site parking plus plenty of curbside parking. It provides a strong rental demand with stable income and potential upside. Perfect for investors seeking consistent cash flow. It is close to major studios, Minutes from Warner Bros, Disney, NBC Studios, and Downtown Burbank. Easy access to the 101, 134, and 5 Freeways. This property enjoys proximity to Burbank’s thriving media district and a wide range of retail and dining options. Burbank remains one of Southern California’s most desirable multifamily investment markets, supported by its strong employment base and limited housing supply.
Property Details
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Price
$2,325,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Multi Family
Home Size
7,144 sqft
Baths
Baths n/a
Lot Size
0.16 acres
Year
1941
Status
New
Days on Market
4
$ / Sqft
$325
Courtesy of So Cal Life Realtors Inc.





