Burbank, CA 91505,2912 W Riverside DR
Burbank, CA 91505,2912 W Riverside DR
Burbank, CA 91505,2912 W Riverside DR
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Ron Taibi

Ron Taibi

+1(661) 212-1135
$1,875,000
Est. payment /mo
4 Beds
4 Baths
2,930 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,930 sqft

Price per Sqft $639

MLS Listing ID 26641367

Bedrooms 4

HOA Y/N No

Year Built 1941

Lot Size 8,333 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2485029017

Special Listing Condition Standard

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CRMLS – RECore
Listed by Roderick 'Rick' Raymundo Marcus & Millichap

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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