549-551 N Niagara

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549-551 N Niagara

Burbank, CA 91505
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential building located in Burbank California
  • Asset features a total of two individual units
  • Property situated within the 91505 zip code area
  • Investment potential within a prominent media industry hub
  • Strategic location offers accessibility to regional freeway networks

What's Special

This multifamily apartment building at 549-551 N Niagara in Burbank is available for sale, appealing to investors looking to bolster their residential portfolios. The property consists of two units, providing a manageable scale for localized management or long-term hold strategies. Burbank serves as a major hub for the entertainment industry and maintains a strong rental demand due to its proximity to prominent media studios and consistent employment growth within the Greater Los Angeles region. Residential assets in this submarket benefit from easy access to major freeways and a dense infrastructure that supports sustained occupancy. The building is well-positioned for buyers seeking a straightforward entry into a stable suburban market or those looking to expand existing holdings in one of California’s most recognizable media-centric cities. Its configuration offers flexibility for landlords aiming to provide housing in a high-demand urban corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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