$1,198,000
549 551 N Niagara, Burbank CA 91505
Multi-Family (Duplex)
Property type
33 days
On market
$758
Price per sqft
2 cars
Garage
1944
Year built
6,094 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: JENNY WU DRE #01265839 626-859-8888, IDEAL REALTY
Listing updated: Jun 12, 2026 at 05:15pm.
Last checked: Jun 12, 2026 at 06:00pm
Source: CRMLS #WS26104822
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $1,800 | $1,800 | $1,900 | Unfurnished |
| 1 | 2 | 1 | 1 | $0 | $0 | $2,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Refrigerator: 2
Rent Control: Yes
Tenant Pays: Electricity, Gas, Sewer, Trash Collection
Financial Snapshot
Gross Rent Multiplier
21.7x
List Price / Annual Gross Rent
Cap Rate
3.11%
NOI / List Price
Gross Scheduled Income: $55,200
Operating Expense: $18,000
Net Operating Income: $37,200
Annual Operating Expenses
Insurance: $2,400
Trash: $0
Water / Sewer: $800
Interior
Cooling: Wall Window Units
Appliances: Refrigerator
Laundry: Inside, Outside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: None
Utilities: Sewer Not Available
Garage and Parking
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2479013022
Additional Parcels: No
Tax Lot: 53
Community
Senior Community: No
Community Features: Biking, Park, Urban
Nearby Schools
Nearby schools around the 549 551 N Niagara, Burbank, CA 91505. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$958,400
Total Interest
$1,222,386
Total Payment
$2,180,786
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,456
per month
Property History for 549 551 N Niagara
Burbank Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91505.
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