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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.
| DAYS ON MARKET | 122 | LAST UPDATED | 9/6/2025 |
|---|---|---|---|
| YEAR BUILT | 1948 | COMMUNITY | 610 - Burbank |
| GARAGE SPACES | 2.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | 610 - Burbank |
|---|---|
| GARAGE | Yes |
| LOT | 6826 sq ft |
| LOT DESCRIPTION | Front Yard |
| PARKING | Off Street, Paved |
| POOL DESCRIPTION | None |
| SEWER | Unknown |
| STORIES | 1 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/18/25 9:22 PM PDT 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. Properties may or may not be listed by the office/agent presenting the information
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