Listed by Justin White, Justin White, (714) 231-2537 . Bought with The Core Agency
$1,866,800
- 7 Beds
- 4 Baths
- 3,781 sqft
2344 N Niagara St, Burbank, CA 91504
Est. Refi. Payment $11,797/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 14, 2025 for $1,327,000 (5% below list price)
Home Value
Trulia Estimate
$1.87MSince last month
Increased$21K (+1.1%)Since last year
Increased$507K (+37.3%)Since last sale
Increased$540K (+40.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +106% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.87M |
| August 2026 | $1.86M |
| July 2026 | $1.85M |
| June 2026 | $1.83M |
| May 2026 | $1.81M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.41 | Multi-Family Home | $1,290,000 | 09/24/25 | 6 | 3 | 2,325 | |
0.07 | Multi-Family Home | $1,000,000 | 12/04/25 | 3 | 2 | 1,288 | |
0.72 | Multi-Family Home | $1,370,000 | 04/14/26 | 5 | 3.5 | 2,297 | |
0.13 | Multi-Family Home | $3,100,000 | 09/04/26 | 14 | 14 | 5,854 | |
0.91 | Multi-Family Home | $1,060,000 | 12/31/25 | 7 | 3 | 2,504 | |
0.99 | Multi-Family Home | $825,000 | 12/05/25 | 6 | 6 | 3,400 | |
1.00 | Multi-Family Home | $825,000 | 12/05/25 | 6 | 6 | 3,400 | |
1.01 | Multi-Family Home | $825,000 | 12/05/25 | 6 | 6 | 3,400 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | $1,046,400 | 2 | 2 | 1,406 | Off Market | |
0.09 | $974,500 | 3 | 1 | 861 | Off Market | |
0.07 | $1,000,000 | 3 | 2 | 1,288 | Recently Sold | |
0.09 | $781,900 | 2 | 3 | 1,390 | Off Market | |
0.10 | $814,600 | 2 | 3 | 1,430 | Off Market | |
0.11 | $1,075,000 | 2 | 1 | 2,400 | For Sale | |
0.11 | $650,000 | 3 | 3 | 1,720 | For Sale | |
0.11 | $602,500 | 2 | 3 | 1,202 | Off Market | |
0.11 | $495,800 | 1 | 1 | 633 | Off Market | |
0.09 | $1,403,600 | 5 | 4 | 2,182 | Off Market | |
0.11 | $900,000 | 3 | 1 | 1,132 | Foreclosure |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1902
3,781 sqft
$351/sqft
About this House
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 turnover, projected gross income could surpass typical returns for multifamily investments in Burbank. While cosmetic and interior upgrades are needed, the property offers an immediate operational baseline with considerable upside for investors focused on long-term appreciation and rent growth.
Located just 0.5 miles from the I-5 Freeway and less than a half-mile from Hollywood Burbank Airport, the property offers excellent regional connectivity and is in close proximity to major employment centers including Warner Bros., Disney, and NBCUniversal. Tenants benefit from access to the highly rated Burbank Unified School District and downtown Burbank’s shopping and dining amenities. The area is known for its low vacancy, strong family-oriented demographic, and high demand for quality rental housing—factors that support long-term tenant stability and rental growth.
A key driver of future upside is the property’s development potential. Under California’s SB 1211, investors can add up to four detached ADUs by right, leveraging the large lot size and existing layout to increase unit count and income. Additionally, the BUR4 zoning opens the door to full redevelopment using density bonuses and housing incentive programs offered by the city and county. Whether your strategy is to renovate the existing units, build ADUs, or pursue ground-up redevelopment, 2344 Niagara represents a flexible, high-upside investment in one of Los Angeles County’s most stable and sought-after rental submarkets.
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 turnover, projected gross income could surpass typical returns for multifamily investments in Burbank. While cosmetic and interior upgrades are needed, the property offers an immediate operational baseline with considerable upside for investors focused on long-term appreciation and rent growth.
Located just 0.5 miles from the I-5 Freeway and less than a half-mile from Hollywood Burbank Airport, the property offers excellent regional connectivity and is in close proximity to major employment centers including Warner Bros., Disney, and NBCUniversal. Tenants benefit from access to the highly rated Burbank Unified School District and downtown Burbank’s shopping and dining amenities. The area is known for its low vacancy, strong family-oriented demographic, and high demand for quality rental housing—factors that support long-term tenant stability and rental growth.
A key driver of future upside is the property’s development potential. Under California’s SB 1211, investors can add up to four detached ADUs by right, leveraging the large lot size and existing layout to increase unit count and income. Additionally, the BUR4 zoning opens the door to full redevelopment using density bonuses and housing incentive programs offered by the city and county. Whether your strategy is to renovate the existing units, build ADUs, or pursue ground-up redevelopment, 2344 Niagara represents a flexible, high-upside investment in one of Los Angeles County’s most stable and sought-after rental submarkets.
2344 N Niagara St, Burbank, CA 91504 is a 7 bedroom, 4 bathroom, 3,781 sqft multi-family built in 1902. It last sold for $1,327,000 on Nov 14, 2025 (5% below the $1,400,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,866,800, with a rent estimate of $2,591/month.
Home Details for 2344 N Niagara St
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4 |
Appliances & Utilities Laundry: See Remarks |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: Front |
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Exterior Home Features No Private Pool |
Parking & Garage No GarageNo Attached GarageParking: Driveway,Off Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Unknown |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 80 |
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Year Built Year Built: 1902 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 2464008036 |
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Price List Price: $1,400,000Price Per Sqft: $351/sqft |
Status Change & Dates Off Market Date: Wed Nov 19 2025 |
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MLS Status: Closed |
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Direction & Address City: Burbank |
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Building Area Building Area: 3781 Square Feet |
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Community Features: Suburban, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 8751 sqft |
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Special Conditions: Standard |
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Listing Terms: 1031 Exchange |
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Expense Tenant Pays: Electricity, Gas |
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No Rent Control |
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Mls Number: PW25162367Living Area Range Units: Square FeetAttribution Contact: 714.231.2537Common Interest: NoneUniversal Property Id: US-06037-N-2464008036-R-N |
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SuburbanSidewalks |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 14, 2025 Source: CRMLS #PW25162367 | Sold | $1,327,000 |
Jul 18, 2025 Source: CRMLS #PW25162367 | Listed For Sale | $1,400,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,327,000 |
Home facts updated by county records
Market trends in Burbank
Last updated August 2026
Avg. sale price
$1.2M
$15.83KMoM
Sale-to-List Price
100.5%
0.1%MoM
Price per sq ft
$789
$13MoM
Available listings
160
4MoM
Around this home
What Locals Say about Burbank
At least 897 Trulia users voted on each feature.
92 % Say it's dog friendly
91 % Say there are sidewalks
79 % Say it's walkable to restaurants
79 % Say car is needed
77 % Say people would walk alone at night
75 % Say it's walkable to grocery stores
74 % Say streets are well-lit
67 % Say there's holiday spirit
65 % Say parking is easy
61 % Say they plan to stay for at least 5 years
60 % Say it's quiet
58 % Say yards are well-kept
55 % Say kids play outside
53 % Say neighbors are friendly
49 % Say there's wildlife
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-13 00:35:57 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-13 00:35:57 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
Frequently asked questions about 2344 N Niagara St
- What is 2344 N Niagara St estimated to be worth?Trulia's estimated value for 2344 N Niagara St in Burbank, CA is $1,866,800.
- What is the price history for 2344 N Niagara St?2344 N Niagara St in Burbank, CA last sold for $1,327,000 in November 2025.
- Is Burbank a buyer's or seller's market?Burbank is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Burbank?The median sale price in Burbank is $1.2M. That is down $15.83K from the prior month.
- Does 2344 N Niagara St have laundry facilities?Yes, 2344 N Niagara St in Burbank, CA has laundry facilities.
- Does 2344 N Niagara St have parking?Yes, 2344 N Niagara St in Burbank, CA has on-site parking.