$2,325,000
FOR SALEActive3027 W Riverside Drive
Burbank CA 91505
4,363
SF
Multi-Family
Type
1941
Built
$533/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
First time on the market in 35 years. Don't miss this excellent opportunity to acquire a well-located five-unit multifamily 5 unit apartment building in a highly desireable area of Burbank. There are (4) - 1 Bedroom units and (1) - 2 bedroom unit. There are (3) - 1 car garages and (1) - 2 car garage with Teal Ct access. This income producing building has approximately 4,363 square feet and sits on a 7,160 square foot corner lot. The property offers a desirable unit mix and on-site parking plus plenty of curbside parking. It provides a strong rental demand with stable income and potential upside. Perfect for investors seeking consistent cash flow. It is close to major studios, Minutes from Warner Bros, Disney, NBC Studios, and Downtown Burbank. Easy access to the 101, 134, and 5 Freeways. This property enjoys proximity to Burbank’s thriving media district and a wide range of retail and dining options. Burbank remains one of Southern California’s most desirable multifamily investment markets, supported by its strong employment base and limited housing supply.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
R4
Zoning
0.164 acres
Lot Size
5
Total Units
4,363 SF
Square Footage
$532.89/SF
Price per SF
$88K
NOI
$9,935
Annual Tax
1,941
Year Built
2
Stories
5
Parking Total
1.15
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
$88,003.76
NOI
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Recent commercial sales in Burbank
- Sold $980,000SOLD1,147 SF•Mixed Use2304 2306 W Burbank BoulevardSold Sep 2026Keller Williams R. E. Services | DRE #01877777Buyer's agent: Arno Akhverdyan, Coldwell Banker Hallmark | DRE #01891141
- Sold $1,902,418SOLD3,225 SF•Retail4708 4710 W Magnolia BoulevardSold Jun 2026Brad Korb Real Estate Group | DRE #00698730Buyer's agent: Silva Shakhgulyan, Coldwell Banker Hallmark | DRE #02047275
Sold $1,610,000SOLD4,077 SF•Multi Family•5 units136 N PassSold May 2026Engel & Volkers Burbank | DRE #01366646Buyer's agent: Gabriyel Mamikonyan, Kidder Mathews of California. Inc | DRE #01829075
Sold $1,300,000SOLD2,630 SF•Industrial2720 N OntarioSold Apr 2026Keller Williams R. E. Services | DRE #01216376Buyer's agent: Scott Cox, NONMEMBER MRML | DRE #01070703
- Sold $2,780,000SOLD6,402 SF•Industrial3500 N San Fernando BoulevardSold Apr 2026Locker Realty Corp. | DRE #00643224Buyer's agent: Hermine Temurian, Coldwell Banker Hallmark Realty | DRE #01814967
- Sold $1,350,000SOLD2,890 SF•Industrial831 S Main StreetSold Feb 2026Engel & Voelkers La Canada | DRE #00575959Buyer's agent: Non-Member ftb.nonmember, Non-Member
Closed commercial sales reported, newest first.
CRMLS
MLS# BB26236961
Listed:
Nalren refreshed:
Last updated
© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: So Cal Life Realtors Inc.
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Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.