1506 N Niagara, Burbank, California 91505, Burbank, 91505 - 3 bed, 2 bath

1506 N Niagara, Burbank, California 91505 home-pic-0

1506 N Niagara

Burbank, California 91505

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,636Sq Ft
6,181Lot Size

Property Price

LIST PRICE$1,499,995
EST. MARKET VALUE
$1,381,959
8% AboveMARKET VALUE

SUMMARY

Analysis of 1506 N Niagara, Burbank, California 91505 reveals a property with a current list price of $1,499,995, which is 8% above the estimated $1,381,959 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,381,959
Based on Realkey algorithm analyzing recent comparable sales in Burbank.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1506 N Niagara
Subject
$1,499,995*
List Price
321,636$845-
A
3211 W Jeffries Avenue
Sold
$1,080,000331,377$7840.2 mi
B
1706 N Catalina Street
Sold
$1,125,000321,540$7310.4 mi
C
1235 N Catalina Street
Sold
$1,860,000321,695$1,0970.3 mi
D
1434 N Rose Street
Sold
$1,135,000321,402$8100.9 mi
E
1640 N Pepper Street
Sold
$1,150,000321,440$7990.5 mi
F
1420 N Frederic
Pending
$1,200,000
List Price
331,603$7490.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This 1940s home has undergone an extensive, high-end designer renovation, making it entirely turn-key. It features wide-plank engineered hardwood floors, a modern kitchen with quartz countertops and dark stainless steel appliances, and spa-inspired bathrooms with refined tile work. All systems and finishes appear new, meeting the highest current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Designer Turn-Key Renovation

    The home has been meticulously reimagined with high-end finishes, including wide-plank engineered hardwood, custom solid wood doors, and a designer kitchen, offering a completely move-in-ready experience.

  • Seamless Indoor-Outdoor Living

    Expansive French doors lead to a resort-style backyard featuring a custom pergola, modern hardscape, and water features, creating a private sanctuary ideal for entertaining.

  • Prime Studio District Location

    Situated on a quiet street in the heart of Burbank, the property offers exceptional convenience with close proximity to major film studios, Magnolia Park, and top-rated Burbank Unified schools.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1636, other record living area = 1456. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Significant Price Appreciation

    The listing price reflects a substantial increase from its recent 2024 sale price of $965,000, which may lead to appraisal challenges or buyer hesitation regarding the rapid market markup.

  • Modest Living Area

    At 1,636 square feet, the interior living space is relatively compact for the $1.5M price point, which may not meet the needs of buyers looking for larger family-sized footprints.

About 1506 N Niagara

Tucked away on a quiet residential street in the heart of Burbank, this thoughtfully reimagined home welcomes you with a sense of calm the moment you arrive. Subtle water features, clean architectural lines, and intentional landscaping set the tone for what unfolds inside — a residence transformed into a serene, modern retreat years in the making. The single-story layout flows effortlessly, blending warmth and sophistication with contemporary design. Wide-plank engineered hardwood floors, abundant natural light, and custom solid wood doors create continuity and texture throughout. The welcoming living room opens seamlessly into a designer kitchen where quartz countertops, dark stainless steel appliances, and an open-concept layout invite both everyday living and effortless entertaining. At the heart of the home, indoor-outdoor living takes center stage. French doors from the expansive den open to a beautifully curated backyard, allowing light, air, and nature to become part of daily life. This flexible second living space serves as a tranquil lounge, creative retreat, or gathering area — always connected to the outdoors. The backyard itself feels like a private sanctuary, designed with intention and flow. A custom pergola lounge, modern hardscape, layered seating areas, and low-maintenance landscaping create a resort-inspired setting ideal for hosting or unwinding. Every detail reflects a calm, organic aesthetic and a commitment to effortless living. Three spacious bedrooms offer comfort and versatility, while spa-inspired bathrooms showcase refined tile work and a soothing, zen-like feel. Nearly everything you see and touch has been thoughtfully updated, resulting in a home that feels cohesive, elevated, and entirely turn-key. Located just minutes from major studios, freeways, shopping, dining, Magnolia Park, and Downtown Burbank, this home offers the rare balance of peaceful neighborhood living with exceptional convenience. More than a home, this is a reimagined lifestyle — where design, comfort, and tranquility come together with ease.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1940
Lot Size
6,181 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,6361,399
64%
Lot Size6,1816,400.5
43%
Price$1.50M$1.15M
80%
Price per sq ft$917$845
66%
Built year19401941
43%
HOA$0$0
50%
Days on market29173
1%

Pricing History

Listed for Sale

Feb 5, 2026

$1,499,995

Initial Listing

Sold

Oct 4, 2024

$965,000

Public Record

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