2247 Niagra, Burbank, CA 91504

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Glen Henderson

[email protected] +1(619) 889-7646

$1,100,000

Est. payment - /mo

3 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25161490

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

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 developmentconvert 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 the owner-occupant angle, 2247 North Niagara combines cash flow, development potential, and long-term appreciation in one of L.A.'s most enduring rental submarkets.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction N Niagra St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 2464006014

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Listed by Justin White Justin White

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2247 Niagra Burbank, CA 91504

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information