CA > Burbank
Burbank, CA 91504,2247 Niagra
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Burbank, CA 91504,2247 Niagra
Burbank, CA 91504,2247 Niagra
Burbank, CA 91504,2247 Niagra
Burbank, CA 91504,2247 Niagra
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Shane Boukorras

Shane Boukorras

+1(949) 630-8794
$ 1,100,000
Est. payment /mo
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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 PW25161490

HOA Y/N No

Year Built 1948

Lot Size 6,825 Sqft

Property Sub-Type Duplex

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 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

Area 610 - Burbank

Interior

Fireplace No

Laundry See Remarks

Exterior

Parking Features Off Street, Paved

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Suburban, Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard, Yard

Story 1

Sewer Unknown

Water Public

New Construction No

Others

Senior Community No

Tax ID 2464006014

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Justin White Justin White 714.231.2537

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2247 Niagra

Shane Boukorras
Shane Boukorras

Real Estate Advisor | License ID: 02066136

+1(949) 630-8794 | shane@boukorrasgroup.com

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