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

1506 N Niagara
Burbank, California 91505
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1506 N Niagara Subject | $1,499,995* List Price | 3 | 2 | 1,636 | $845 | - |
A 3211 W Jeffries Avenue Sold | $1,080,000 | 3 | 3 | 1,377 | $784 | 0.2 mi |
B 1706 N Catalina Street Sold | $1,125,000 | 3 | 2 | 1,540 | $731 | 0.4 mi |
C 1235 N Catalina Street Sold | $1,860,000 | 3 | 2 | 1,695 | $1,097 | 0.3 mi |
D 1434 N Rose Street Sold | $1,135,000 | 3 | 2 | 1,402 | $810 | 0.9 mi |
E 1640 N Pepper Street Sold | $1,150,000 | 3 | 2 | 1,440 | $799 | 0.5 mi |
F 1420 N Frederic Pending | $1,200,000 List Price | 3 | 3 | 1,603 | $749 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,636 | 1,399 | 64% |
| Lot Size | 6,181 | 6,400.5 | 43% |
| Price | $1.50M | $1.15M | 80% |
| Price per sq ft | $917 | $845 | 66% |
| Built year | 1940 | 1941 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 173 | 1% |
Pricing History
Listed for Sale
Feb 5, 2026
$1,499,995
Initial Listing
Sold
Oct 4, 2024
$965,000
Public Record















