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

1506 N Niagara Street, Burbank, California 91505 home-pic-0
ACTIVE$1,599,000
1506 N Niagara Street, Burbank, California 91505
3Beds
2Baths
1,647Sqft
6,181Lot
Year Built
1940
Close
-
List price
$1.6M
Original List price
$1.65M
Price/Sqft
$971
HOA
-
Days on market
-
Sold On
-
MLS number
SR25048803
Home ConditionGood
Features
Good View: Hills
Patio
ViewHills

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.60M(88th), sqft - 1647(67th), beds - 3(50th), baths - 2(50th).

Nestled in the highly coveted Burbank area, is a meticulously curated 3BD/2BA estate that features an atmospheric color palette, natural materials, and a variety of unexpected textures. Sitting on a quiet tree lined street with natural light that radiates through floor to ceiling french doors and large windows, the property sparkles with timeless touches throughout while providing the modern amenities desired. Featuring an inviting balance of natural elements including custom woodwork, walnut doors, white oak garage door, oak floors, custom cabinetry, stonework, and a seamless flow to the outdoors with complimenting water features, a lush mature landscape, and sunrise views. The house boasts high ceilings with an open floor plan that has a seamless indoor/outdoor experience allowing for family gatherings and entertaining guests. All three bedrooms provide ample space and privacy. Situated on a fantastic, quiet street, this home offers the ideal blend of privacy and convenience. Just minutes from Warner Brothers, Disney, Whole Foods, and the Empire Center, cafes and highly rated schools!

Condition Rating
Good

This property has undergone a very recent and extensive high-quality renovation, evident in the modern kitchen with new stainless steel appliances, custom cabinetry, and high-end finishes, as well as the updated, stylish bathrooms. The oak flooring, recessed lighting, and overall aesthetic are excellent, making it move-in ready. However, despite these significant updates, the property analysis explicitly notes a 'Lack of Central Cooling System,' which is a crucial modern amenity in the Southern California climate and prevents it from meeting the 'Excellent' standard of having all components new or virtually new and meeting current quality standards.
Pros & Cons

Pros

Prime Location & Neighborhood: Nestled in a highly coveted Burbank area on a quiet, tree-lined street, offering privacy and convenience. It's just minutes from major studios (Warner Brothers, Disney), retail (Whole Foods, Empire Center), cafes, and highly rated schools.
High-Quality Design & Materials: The estate is meticulously curated with an atmospheric color palette, natural materials, and unexpected textures, including custom woodwork, walnut doors, white oak garage door, oak floors, custom cabinetry, and stonework.
Exceptional Natural Light & Indoor/Outdoor Flow: Radiant natural light floods the home through floor-to-ceiling French doors and large windows. It boasts a seamless indoor/outdoor experience with water features, lush mature landscaping, and sunrise views, ideal for entertaining.
Modern Amenities & Timeless Appeal: The property sparkles with timeless touches throughout while providing the modern amenities desired, combined with high ceilings and an open floor plan.
Hills View: The property offers desirable 'Hills' views, enhancing its aesthetic appeal and potentially its value.

Cons

Potential Overpricing: The listing price of $1,599,000 is significantly higher than the estimated property value of $960,723.92, and also above most comparable sales in the immediate vicinity, suggesting it may be overpriced.
Lack of Central Cooling System: While mentioning 'modern amenities desired,' the description does not explicitly state the presence of a central cooling system (e.g., AC), which is a common and highly valued feature in the Southern California climate and present in several comparables.
Absence of a Pool: Unlike several comparable properties in the area that feature pools, this property does not mention having one, which could be a disadvantage for buyers seeking this amenity in Burbank.

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