2907 W Riverside Drive, Burbank, CA 91505

We are pleased to present 2907 W Riverside Drive, a four-unit multifamily investment offering approximately 17% rental upside, rear-alley ADU potential, and completed capital improvements in Burbank's highly sought-after Media District.Constructed in 1942, the property totals approximately 3,023 rentable square feet on a 6,595 square foot lot. The unit mix includes three one-bedroom, one-bath units and one two-bedroom, one-and-a-half-bath unit. All units are separately metered for gas and electricity with individual water heaters, minimizing owner utility exposure. Four detached single-car garages along the rear alley provide covered parking and create ideal configuration for potential ADU development under Burbank's ADU ordinance.In-place rents are approximately 17% below market, creating clear upside through natural turnover and light interior renovations. Current rents reflect long-term tenancy rather than functional obsolescence. A new owner can capture meaningful income growth...