427 W Riverside Dr, Unit A & B

2
Baths
1,140 Sq. Ft.
$789 / Sq. Ft.
1,140
Sq. Ft.
$789
per Sq. Ft.

Description

Wow, great burbank income property opportunity! Conforming Burbank Rancho District duplex offering two 1BD, ! BA units with dble. detached garage at rear of lot with alley access - possible conversion to ADU/third unit. Nice patio area between rear unit and garage. Both units occupied by long term tenants on mo to mo rental agreements; current rents well below market - great upside, especially considering superior Burbank location.Wow, great burbank income property opportunity! Conforming Burbank Rancho District duplex offering two 1BD, ! BA units with dble. detached garage at rear of lot with alley access - possible conversion to ADU/third unit. Nice patio area between rear unit and garage. Both units occupied by long term tenants on mo to mo rental agreements; current rents well below market - great upside, especially considering superior Burbank location.
  1. Listed by Dan Soderstrom • DRE #00969647 • Brokerage DRE #01345642 • Dilbeck Real Estate

Property Details for 427 West Riverside Drive, Unit A & B

Architectural Style
Traditional
View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 02/25/2022 09:05 AM

Property Details for 427 West Riverside Drive, Unit A & B

StatusClosed
MLS #BB22013868
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.07 AC / 2,905 SF
CountyLos Angeles County

Location

Listing Courtesy of Dilbeck Real Estate, Dan Soderstrom, DRE #00969647

Sold By Keller Williams Realty World Media Center, Joyce Starleaf, DRE #00782682; Keller Williams Realty World Media Center, Alison Tideback, DRE #01334601

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Building Information for 427 West Riverside Drive, Unit A & B

Stories1Residences-Year Built1950Building Size-Lot Size0.07 AC / 2,905 SF

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Property Information for 427 West Riverside Drive, Unit A & B

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $900
  • Gross Scheduled Income: $21,600
  • Net Operating Income: $0
  • Number Of Rented Garages: 1
  • Garage Rental Rate: $75
  • Garage Income: $75
  • Current Financing: None
  • Financing: Cash To New Loan, Conventional
Expense Details
  • Operating Expense: $0
  • Gardener Expense: $480
  • Insurance Expense: $423
  • Trash Expense: $0
  • Water Sewer Expense: $420
  • Total Expenses: $1,323
Tax / Assessment Info
  • Tax Tract Number: 9634
  • Tax Lot: 54
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
  • Equipment: Gas Dryer Hookup, In Kitchen, Laundry Closet Stacked, Refrigerator, Stackable W/D Hookup, Washer Hookup
  • Interior Features: Copper Plumbing Partial
  • Room Type: Kitchen, Living Room
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Stackable, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Carpet
  • Flooring: Carpet
Exterior Features
  • Window Features: Screens
  • Security Features: Smoke Detector(s)
  • Construction Materials: Frame, Plaster, Stucco
  • Exterior Construction: Frame, Plaster, Stucco
  • Exterior Features: Lighting, Rain Gutters
  • Roof: Composition, Shingle
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Property Condition: Repairs Cosmetic
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Lawn, Rectangular Lot, Level
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Maintained, Paved
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Door Opener, Garage, Garage - 2 Car
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage, Garage - Two Door, Garage Door Opener
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $825
  • Unit Type Total Rent: $825
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $825
  • Unit Type Total Rent: $825
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 0
  • Number With Range: 2
  • Number With Refrigerator: 2

Property History for 427 West Riverside Drive, Unit A & B

DateEvent & SourcePriceAppreciation
Feb 25, 2022

Sold

CRMLS #BB22013868

$900,000
Feb 25, 2022

Sold

CLAW #BB22013868MR

$900,000
Feb 17, 2022

Pending

CRMLS #BB22013868

DateEvent & SourcePrice
02/25/2022

Sold

CRMLS #BB22013868

$900,000
02/25/2022

Sold

CLAW #BB22013868MR

$900,000
02/17/2022

Pending

CRMLS #BB22013868

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 427 West Riverside Drive, Unit A & B

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
William Mckinley Elementary School
PublicK to 5

Dolores Huerta Middle
Public6 to 8

John Burroughs High School
Public9 to 12

Burbank USD Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Dilbeck Real Estate, Dan Soderstrom, DRE #00969647

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.