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$1,100,000

2247 Niagra Burbank, CA 91504

0.2 acres
Multi-Family

Property details

About 2247 Niagra

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.

Highlights

Home typeDuplex
StatusActive
Lot size0.1567 Acres
Year built1948
ParkingOff Street, Paved
MLS #PW25161490
Garage2 spaces

Summary

  • Garage Space: 2 spaces
  • Private Pool: No
  • Parking: Off Street, Paved
  • List Price: $1,100,000
  • HOA Amount: $0
  • Lot: Front Yard
  • Directions: N Niagra St
  • Year Built: 1948
  • Stories: 1
  • Lot Size: 0.1567 Acres
  • MLS Number: PW25161490
  • MLS Name: CRMLS
  • Office Name: Justin White
  • Office Phone: (714) 231-2537
  • Listing Agent: Justin White

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 2:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

6

Providencia Elementary

Public District KG-5

0.4 mi

1919 N Ontario St

8

George Washington Elementary

Public District KG-5

0.5 mi

2322 N Lincoln St

6

Bret Harte Elementary

Public District KG-5

0.9 mi

3200 W Jeffries Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,226. Most Burbank, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

30%
<35k
48%
35k-100k
13%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
18%
Single, with Kids
16%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2247 Niagra

The listing price of 2247 Niagra property is $1,100,000.

The property 2247 Niagra is a multi located in Burbank, California, 91504.

Active Listing: 2247 Niagra is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2247 Niagra are: Providencia Elementary (GreatSchools Rating 6/10), George Washington Elementary (GreatSchools Rating 8/10), Bret Harte Elementary (GreatSchools Rating 6/10), Luther Burbank Middle School (GreatSchools Rating 7/10), John Muir Middle School (GreatSchools Rating 7/10), Sun Valley Magnet (GreatSchools Rating 4/10), Monterey High (Continuation) (GreatSchools Rating 3/10), Burbank Unified Independent Learning Academy (Buila) (GreatSchools Rating 6/10), Burbank High School (GreatSchools Rating 9/10).

The year of construction for 2247 Niagra is 1948.

This home is located at 2247 Niagra in Burbank, CA and zip code 91504 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $1,100,000.

Burbank, CA housing market in June 2025 saw over 18 listings sold above listed price, more than 5 sold at listed price and over 10 sold below. In June 2025 in Burbank, CA there were 2.6% more homes for sale than in May. While the average time on the market in June 2025 was 26 days, the median list price was $1,150,000.

From Rocket Homes Real Estate and based on county public records data.

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