900 Riverside Dr Burbank, CA 91506-3211
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.
-
Celia's Rancho Restaurante Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BUM1* · Burbank, CABurbank. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.