551 N Niagara Burbank, CA ^$ 1,198,000

551 N Niagara

^$ 1,198,000

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Recently Listed

551 N Niagara

Burbank, CA, 91505

^$ 1,198,000

Studio Baths1.0 Sq 1,581

Monthly Estimate*

^$ 7,376

Listed by IDEAL REALTY

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Studio

Multi-Family Home for sale in Burbank, CA

for $1,198,000 with 1 full bath. This 1,581 square foot home was built in 1944 on a lot size of 0.1399.

Welcome to a beautifully updated duplex located on a charming tree-lined street in a desirable Burbank area. Each unit features 2 bedrooms and 1 bathroom, making this property ideal for owner-users, multigenerational living, or investment opportunities. The 551 unit was remodeled in 2011 with updated flooring, kitchen, and bath. The 549 unit has been newly remodeled with new countertops, wood-look flooring, recessed lighting, fresh paint, and a designer bathroom. Both units offer bright interiors, functional layouts, and private entrances. Located within the highly regarded Burbank Unified School District and just minutes from Walt Disney Studios, Warner Bros. Studio Tour Hollywood, Downtown Burbank, shopping, dining, parks, and freeway access. A rare opportunity in one of Burbank’s most sought-after neighborhoods. Tenants Share 2 car garage.

Multi-Family Active

Price

^$ 1,198,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1399

Year Built

1944

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

WS26104822

Days on Market

Features

General

Sewer None

Cooling Wall/Window Unit(s)

Utilities Sewer Not Available

Appliances Refrigerator

Garage Spaces 2

Pool Features None

Year Built 1944

Tenant Pays Electricity Gas Sewer Trash Collection

Stories Count 1

Levels One

Property Subtype Duplex

Gross Income 55200

Community Features Biking Park Urban

County Los Angeles

Net Operating Income 37200

Operating Expense 18000

Insurance Expense 2400

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions S of Clark N of Verdugo

City Burbank

Entry Location 1

Senior Community Y/N false

Number Of Units Total 2

MLS Area 610 - Burbank

Lot Size Units Square Feet

Lot Size Square Feet 6094

Listing Terms Cash Cash to New Loan 1031 Exchange Submit

Property Attached Y/N true

Land Lease Y/N false

Trash Expense 0

Water Sewer Expense 800

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 53

Property Sub Type Additional Duplex

Interior

Total Stories 1

Common Walls 1 Common Wall

Air Conditioning Y/N true

Laundry Features Inside Outside

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 2

Inclusions Refrigerator stove

Lot Size Area 6094

Number of Buildings 1

Building Area Total 1581

Lot Size Acres 0.1399

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Ideal Realty

Broker

jennyhsuwu@yahoo.com

Affordability Calculator

$7,376

Per Month

Monthly Principal & Interest: $7,376
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Burbank, CA

Average List Price ^$2,223,650

Percent of Sale Price 86%

About Burbank, CA

4,839 Population

2% Since 2002

^$64,570 Median Income

36.57 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2026	$1,198,000		Listed Price

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551 N Niagara, Burbank, CA, 91505 is a Multi-Family Home for sale at $1,198,000 with 1,581 sqft and a lot size of 0.1399. 551 N Niagara is a studio with 1.0 baths and was built in 1944. The property's zip code is 91505 which is in Burbank, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/21/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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551 N Niagara

Multi-Family Home for sale in Burbank, CA

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