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Pending

$1,100,000

6,107 sqft$180/sqft23 days on market

624 N Niagara ST

Burbank, CA 91505

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

6,107

Square feet

1943

Built

Listing narrative

Description

Duplex with upside in Burbank’s sought-after Magnolia Park neighborhood, just blocks from the shops, restaurants, and cafes of Magnolia Boulevard. Set on a 6,120 sq ft lot, each unit offers 2 bedrooms and 1 bathroom, both with hardwood floors and each with its own central HVAC. A 2-car garage provides storage for both units, a common-area laundry room with washer and dryer is on site, and a long driveway fits 3 to 4 cars, which is a real plus. Both units are occupied by good tenants who take care of the property, so you start with stable income from day one. Future improvements would be a straightforward way to maximize rent potential as units turn over. A strong fit for an investor looking for solid cash flow with room to grow in one of Burbank’s most in-demand rental pockets, or an owner-occupant who wants the neighbor to help pay the mortgage. Close to the studios, Downtown Burbank, Burbank Airport, and the 5 and 134 freeways. Tenant-occupied; please do not disturb tenants. Showings by appointment with proper notice.

Listing agent (MLS): Boris Gutierrez · Listing brokerage (MLS): Boris Gutierrez, Real Estate Broker

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,100,000

Beds

Beds n/a

Type

Multi-Family

Home Size

6,107 sqft

Baths

Baths n/a

Lot Size

0.14 acres

Year

1943

Status

Pending

Days on Market

23

$ / Sqft

$180

· 8% down, 7% APR, 30yr fixed
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Courtesy of Boris Gutierrez, Real Estate Broker