3 months on rocket

2924 W Riverside Dr, Burbank, CA, 91505

$2,295,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Baths
3,449 SqFt
$665/SqFt
House
Schools Nearby

Location

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2924 W Riverside Dr, Burbank$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAttached Carport, Covered, Garage, Private, One Space
Attached Garage4 spaces
Year Built1939
MLS #24347833
Lot Size0.27 Acres
StatusActive

About 2924 W Riverside Dr

Welcome to 2924 West Riverside Drive, Burbank, CA! This property offers a remarkable opportunity for those seeking a prime investment in the heart of Burbank. In the sought-after Rancho District, this property boasts a total of 6 units (each its own bungalow with month-to-month tenants). This 3449 square foot gem is a rare find in today's market; each unit features one bedroom and one bathroom private casita, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot of almost 12k sq ft lot, offering ample outdoor space. Two 2-car garages add further value to the property, presenting the potential for additional dwelling units (ADUs) or providing secure parking for tenants. Conveniently located in Burbank, residents will enjoy easy access to a wide array of amenities, entertainment, and dining options including walking distance to Disney and WB Studios, Rancho Equestrian Facilities, and the Toluca Village. The bustling city of Burbank provides a vibrant backdrop for this property, with its thriving community and proximity to major attractions. Investors and homeowners alike will be drawn to the potential of this property, whether seeking a solid rental income or the opportunity to customize the space to their liking. Don't miss out on this chance to own a piece of prime real estate in Burbank. With its desirable location, spacious lot, and potential for expansion, 2924 West Riverside Drive is an exceptional opportunity not to be missed. Schedule a viewing today and explore the possibilities that this property has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 1
  • Living Area: 3,449 SqFt

Listing Office:

  • Office Name: Compass
  • Listing Agent: Craig Strong

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile, Wood
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Carport, Covered, Garage, Private, One Space

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.27 Acres

School Info

Assigned Schools Information:

  • Burroughs High School, Public District Grades 9-12
  • David Starr Jordan Middle School, Public District Grades 6-8
  • R. L. Stevenson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South of 134, West of Bob Hope Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $665/SqFt

Tax Information:

  • Annual Amount: $2,375
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burbank, CA.

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Burbank, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$739

Avg. Days On Market

18

# of Sold Homes

45

2924 W Riverside Dr vs Burbank

101 DAYS ON ROCKET

+83 Days

$2,295,000

+$1.1M More

$665/SqFt

-$74 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $74/SqFt less than other homes in Burbank, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24347833

Listing Office:

  • Office Name: Compass
  • Listing Agent: Craig Strong

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 4:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,375$142,925
2020$2,306$138,936
2019$2,195$136,213
2018$2,115$133,543
2017$2,115$130,926

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1389920
7
/10

  • R. L. Stevenson Elementary School

  • 3333 W Oak St

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1389921
5
/10

  • David Starr Jordan Middle School

  • 420 S Mariposa St

  • 1.26 miles

  • Public District Grades 6-8

High School

school-card-donut-1389922
7
/10

  • Burroughs High School

  • 1920 W Clark Ave

  • 1.35 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,010. The majority of Burbank, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2924 W Riverside Dr

What is the listing price of this property?

The listing price of 2924 W Riverside Dr property is $2,295,000.

What type of property is this?

The property 2924 W Riverside Dr is a house located in Burbank, California, 91505.

Is this property for sale now?

Active Listing: 2924 W Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2924 W Riverside Dr are:
R. L. Stevenson Elementary School: GreatSchools Rating 7/10
David Starr Jordan Middle School: GreatSchools Rating 5/10
Burroughs High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,375 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2924 W Riverside Dr has 6 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 2924 W Riverside Dr is 3,449 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2924 W Riverside Dr is 1939.

Rocket Homes›California›Los Angeles County›Burbank›91505›2924 W Riverside Dr

This home is located at 2924 W Riverside Dr in Burbank, CA and zip code 91505 in the The Verdugos neighborhood. This 3,449 square foot home, which was built in 1939, sits on a 0.27 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $2,295,000.

Over 31 listings were sold over their listed price in March 2024 in Burbank, CA. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Burbank, CA increased by 3.2% between February 2024 and March 2024. In March 2024 median list price was $1,114,833 and the average listing age was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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