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2912 W Riverside Dr
For Sale $1,875,000 ($639.93 per Sq Ft)
$1,875,000 ($639.93 per Sq Ft)
- 4 Bedrooms
- 4.00 Bathrooms
- 2,930 Sq Ft
- 8,333 Sq Ft
Description
Given its prime location in the heart of the Burbank Media Center, directly between Warner Bros Studios and Walt Disney Studios, the property grants its tenants convenient access to several major media employers. Because the property is subject only to Burbank's local rent ordinance, an investor can benefit from higher allowable rent increases and more favorable landlord privileges when compared with similar properties in Los Angeles. Each of the units contains its own in-unit washer/dryer and has its own parking garage, with these amenities helping to attract higher-paying tenants. The roof was recently replaced and the plumbing has been upgraded with copper pipes. A new owner may potentially add significant value by constructing new ADUs on the property as well, given its existing parking garages and additional open parking area (Buyer to verify). In addition to the numerous studios within Burbank, including Walt Disney Imagineering, Nickelodeon Studios, Dreamworks Animation, and Cartoon Network, the property allows tenants comfortable commutes to several employers within nearby Studio City, Glendale, and Hollywood.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,875,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,930 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1941 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2485029017 |
| MLS # | 26641367 |
| Property ID | 292428057 |
| Lot Sqft | 8,333 |
| Zoning | BUR4* |
| Total Units | 4 |
| Days on Market | 16 |
| Original List Price | $1,875,000 |
| Date Updated | January 29, 2026 |
| Date Created | January 21, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $2,297 | $9,580 |
| Gross Income (Yr) | $ 107,572 |
| Operating Expenses | $ 31,477 |
| Net Income (Yr) | $ 76,095 |
| Cap Rate | 4.06% |
Listing Provided By
Roderick 'Rick' Raymundo an agent of . Lic #01357019
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Robert Crawford
REAL ESTATE AGENT