3027 W Riverside DR, Burbank, CA 91505
3027 W Riverside DR, Burbank, CA 91505
3027 W Riverside DR, Burbank, CA 91505
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$2,325,000
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7,143 Sqft Lot
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3027 W Riverside DR Burbank, CA 91505

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David Shearer

David Shearer

+1(949) 981-3431

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26236961

HOA Y/N No

Year Built 1941

Annual Tax Amount $9,935

Tax Year 2025

Lot Size 7,143 Sqft

Lot Dimensions Assessor

Property Sub-Type Multi Family

Property 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.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning R4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Fence Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Present Use Commercial

Total Parking Spaces 5

Building

Lot Description 2-5 Units/Acre, Sprinkler System

Story 2

Water Public

Others

Tax ID 2485025004

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Darrell Belisle So Cal Life Realtors Inc. 818-612-4905, DRE #01235057

NEARBY SCHOOL & BUSINESS

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David Shearer

David Shearer

Agent License ID: 01217796

+1(949) 981-3431

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3027 W Riverside DR