Technical
Financial
Distress signals
Property profile

900 Riverside Dr Burbank, CA 91506

OFF-MARKET
Turn key restaurants
Property ID
US10-0191808
5,196 SF 0.32 ac lot Built 1948
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional opportunity presents a well-established restaurant and bar in Burbank's desirable Rancho District. Boasting a rich history of over 60 years, this 5,196 square foot property is a turnkey operation ready for a new owner. The building features a main dining area complete with a bar and inviting patio, plus an additional dining space with a second bar, and a dedicated banquet room, perfect for private events. A large, fully equipped preparation kitchen ensures efficient service, complemented by a service line, walk-in cooler, dry storage, and a liquor cabinet. The sale includes a Type 47 Liquor License, and the existing furniture and fixtures are available for purchase separately. Eleven on-site parking spaces provide ample convenience for patrons. The property enjoys a highly advantageous location, adjacent to the Los Angeles Equestrian Center and across from the Pickwick Lane Homes development. Its proximity to major landmarks like The Burbank Studios, Providence Saint Joseph Medical Center, and Walt Disney Studios, further enhances its appeal. The surrounding area boasts strong demographics, with over 500,000 people within a 5-mile radius and an average annual household income exceeding $115,000, promising a robust customer base. This 0.32-acre lot presents a rare chance to acquire a thriving business in a prime location. The asking price is $3,150,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1948
Construction WOOD
Total area 5,196 SF
Lot 0.32 ac (13,963 SF)
Zoning code BUM1*
APN 2443-003-014
UPID US10-0191808

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

900 Riverside Dr Burbank, CA 91506-3211
Burbank metro Census 311700 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.24M
Blend (final) Blend
$2.24M

Owner & transaction history

since 2021
Last sale
$2.4M
2 recorded transactions
2021
$2.4M
1969
Price N/A

Zoning & alternative use

BUM1* · Burbank, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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