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Five-Unit Multifamily Property

3027 W Riverside Drive, Burbank, CA 91505

For Sale
New
$2,325,000

Four one-bedroom apartments and one two-bedroom apartment are served by four garages.

Property Size4,363 SF
Lot Size0.16 Acres
Price / SF$532.89
Days on Market5

Property Features for 3027 W Riverside Drive

General Information

Standard status Active
Size 4,363 SF
Total Parking Spaces 5
Lot size 0.16 Acres
Property subtype Multi Family

Site & Location

Neighborhood Cahuenga Pass
Highway Access Yes

Units

Unit Mix 4 x 1 Bedroom, 1 x 2 Bedroom
Multifamily Units 5

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $9,935

Building Details

Building Size 4,363 SF
Year Built 1941
Buildings 1
Listing Agency: So Cal Life Realtors Inc.
Listed By: Darrell Belisle · License #01235057
Source: Velocityrealtysd
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 9:37AM

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 So Cal Life Realtors Inc.

Rey
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Investment Insights

Based on property information with market context.

This five-unit apartment property contains four one-bedroom residences and one two-bedroom residence. Built in 1941, the building measures approximately 4,363 square feet and occupies a 7,160-square-foot corner parcel. Garage parking includes three single-car garages and one two-car garage, with access to the latter from Teal Court.

The property is at 3027 W Riverside Drive in Burbank, California. Warner Bros., Disney, and NBC Studios are nearby, along with Downtown Burbank, retail, and dining. Access to the 101, 134, and 5 freeways is noted.

Key Highlights

  • Five apartments: four 1‑bedroom units and one 2‑bedroom unit
  • Approximately 4,363 square feet on a 7,160‑square‑foot corner lot
  • Three 1‑car garages and one 2‑car garage

Property Analytics

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Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,797
Businesses Nearby

Demographics for 91505, CA

32,371
Population
14,258
Households
2.3
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
5,995
Density / Sq Mi
$106,364
Median Household Income
$60,859
Median Earnings
$2,284
Median Rent
$992,300
Median Home Value
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Market

Properties on Market for Apartment buildings in Burbank

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four one-bedroom apartments and one two-bedroom apartment are served by four garages.
Where is this apartment building located?
The property is located at 3027 W Riverside Drive Burbank, CA.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: Five apartments: four 1‑bedroom units and one 2‑bedroom unit; Approximately 4,363 square feet on a 7,160‑square‑foot corner lot; Three 1‑car garages and one 2‑car garage
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