Four-Unit Multifamily
2907 W Riverside Dr Burbank, CA 91505
For Sale
Contact for pricing
Four-unit property built in 1942 with three 1-bedroom units, one 2-bedroom unit, and separately metered utilities.
Days on Market179
Property Features for 2907 W Riverside Dr
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1942
Listing Agency:
Marcus & Millichap - Encino
(818) 357-9525
Listed By:
Filip Niculete · License #CA 01905352
Source:
Crexi
Added: Jan 29
Changed: Jul 22
Last Checked: Jul 23 at 12:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
Constructed in 1942, this four-unit multifamily property offers three one-bedroom, one-bath units and one two-bedroom, one-and-a-half-bath unit. Each unit is separately metered for gas and electricity, with individual water heaters, helping minimize owner utility exposure. The property also features four detached single-car garages accessed along the rear alley.
The site is located directly adjacent to Johnny Carson Park and immediately south of Warner Bros. Studios. The rear-alley garage layout supports potential ADU development under Burbank’s ADU ordinance.
Capital improvements include a new roof and comprehensive plumbing upgrades. In-place rents are approximately 17% below market, providing room for income growth through standard interior updates such as flooring, cabinetry, countertops, appliances, and fixtures.
The site is located directly adjacent to Johnny Carson Park and immediately south of Warner Bros. Studios. The rear-alley garage layout supports potential ADU development under Burbank’s ADU ordinance.
Capital improvements include a new roof and comprehensive plumbing upgrades. In-place rents are approximately 17% below market, providing room for income growth through standard interior updates such as flooring, cabinetry, countertops, appliances, and fixtures.
Key Highlights
- Four‑unit multifamily built in 1942 with approx. 3,023 rentable SF on a 6,595 SF lot
- Unit mix: three 1‑bedroom/1‑bath units and one 2‑bedroom/1.5‑bath unit
- Separately metered gas and electricity plus individual water heaters for each unit
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit property built in 1942 with three 1-bedroom units, one 2-bedroom unit, and separately metered utilities.
Where is this quadplex located?
The property is located at 2907 W Riverside Dr Burbank, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Four‑unit multifamily built in 1942 with approx. 3,023 rentable SF on a 6,595 SF lot; Unit mix: three 1‑bedroom/1‑bath units and one 2‑bedroom/1.5‑bath unit; Separately metered gas and electricity plus individual water heaters for each unit
