2344 N Niagra, Burbank, CA 91504

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
2344 N Niagra,Burbank, CA 91504
$1,400,000
  • - Beds
  • - Baths
  • 3,781 sq. ft.
  • Multi-family
  • Active
Listed by:justin white
Office:justin white
MLS#:PW25162367
Source:CRMLS

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$370.27

About this home

Prime Burbank Multifamily with Income, ADU Potential & Development Upside! 2344 Niagara Street is a fully occupied four-unit multifamily property located in the highly desirable city of Burbank, California. The property includes two separate structures: a two-story duplex (2814 Thornton) built in 1902 and a single-story rear duplex (2344-46 Niagara). Combined, they total 3,781 square feet on an oversized 8,751 square foot BUR4-zoned lot. While the buildings are largely unrenovated—aside from a recently installed new roof—they generate immediate in-place income and offer significant value-add potential through both interior improvements and future development. The offering is $200 per SF below the average comparable. The unit mix is predominantly two-bedroom apartments, with one one-bedroom unit, providing a strong base for market-rate repositioning. Current annual income is approximately 40% below market levels. With modest renovations completed during natural tenant

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Home facts

  • Year built:1902
  • Listing Id #:PW25162367
  • Added:30 day(s) ago
  • Updated:August 18, 2025 at 10:26 AM

Rooms and interior

  • Living area:3,781 sq. ft.

Structure and exterior

  • Year built:1902
  • Building area:3,781 sq. ft.
  • Lot area:0.2 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$370.27
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