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Listed by Justin White • Justin White
$ 1,100,000
Est. payment /mo
Active
2247 Niagra Burbank, CA 91504
6,825 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25161490
Year Built 1948
Lot Size 6,825 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
2247 N Niagara Street is a rare investment opportunity in the heart of Burbank, featuring 2 residential units across separate structures on a large BUR4-zoned lot. The site offers immediate rental income with significant upside through ADU development-convert the attached garage and build two additional detached ADUs by right under California's favorable housing laws. The layout and zoning also make it ideal for an owner-user seeking a strategic foothold in a high-demand market. Just minutes from Warner Bros., Disney, NBCUniversal, the Hollywood Burbank Airport, and the 5 Freeway, the property sits in a quiet, residential neighborhood with strong connectivity and appeal. Downtown Burbank's vibrant dining and retail, top-rated schools, and low local vacancy rates ensure continued tenant demand and long-term stability. With a mix of 1- and 2-bedroom units, the asset offers flexibility for renters and potential to push rents through unit turnover and interior renovations. Investors may also opt for an owner-occupied approach, using the legal eviction process that requires advance written notice and a minimum of 3 months' relocation assistance to legally vacate a tenant and occupy a unit. Whether pursuing a traditional value-add plan, building additional units, or leveraging th
Location
State CA
County Los Angeles
Area 610 - Burbank
Exterior
Parking Features Off-Street Parking, Other
Garage Spaces 2.0
Pool None
Building
Sewer TBD
Water District - Public
Others
Tax ID 2464006014
Special Listing Condition Not Applicable
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