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 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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50446591
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Unknown
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Exterior Features
Building Information
- Year Built: 1948
- Building Area Total: 1,360
Pool Features
- None
Laundry Features
- See Remarks
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1567
- Lot Size Source: Public Records
- Lot Size Square Feet: 6825
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Listing Information
Listing Price Information
- Original List Price: 1,100,000
- Listing Contract Date: 2025-05-20
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2464006014
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Off Street,Paved
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 610 - Burbank
- Directions: N Niagra St
- Source Property Type: Residential Income
- Area: 610 - Burbank
- Property SubType: Duplex
Building and Construction
- Property Age: 77
- Common Walls: No Common Walls
- Structure Type: Duplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: Niagia St
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BuyOwner last updated this listing 07/21/2025 @ 02:18
- MLS: PW25161490
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 3 bedrooms which is for sale, it has 1,360 sqft, 6,825 sized lot, and 2 parking. are nearby neighborhoods.