| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 81st | Best |
| Demographics | 63rd | Good |
| Amenities | 86th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2250 N Niagara St, Burbank, CA, 91504, US |
| Region / Metro | Burbank |
| Year of Construction | 1990 |
| Units | 27 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2250 N Niagara St Burbank Multifamily Investment
Positioned in an inner-suburban pocket of Burbank with strong neighborhood amenities and major employers nearby, this asset targets durable renter demand and lease retention, according to WDSuite’s CRE market data.
Burbank’s inner-suburban location supports livability fundamentals that matter to multifamily renters: restaurants and cafes score in the upper percentiles nationally, with parks and pharmacies also testing strong. This amenity density translates into day-to-day convenience that typically supports leasing velocity and retention, based on commercial real estate analysis from WDSuite.
Relative to the Los Angeles-Long Beach-Glendale metro, the neighborhood rates competitively (A rating; rank 156 of 1,441), placing it above the metro median. Neighborhood occupancy tracks in the mid-90s and, while slightly lower than five years ago, remains consistent with stable renter demand conditions at the submarket scale.
Vintage matters: the property’s 1990 construction is newer than the neighborhood’s average 1960s stock. That positioning can offer a competitive edge versus older comparables, while still warranting capital planning for aging systems or targeted renovations to sustain rentability.
Tenure patterns indicate a high renter-occupied share at the neighborhood level, pointing to a deep tenant base. Within a 3-mile radius, households are majority renter-occupied as well, reinforcing demand depth for multifamily. Forward-looking 3-mile data show population and households projected to grow, with household sizes edging smaller — dynamics that typically expand the renter pool and support occupancy stability.
Home values here sit at the high end nationally, which signals a high-cost ownership market. That context can sustain reliance on multifamily housing and support pricing power, though it also calls for thoughtful lease management to balance rent growth with retention.
Neighborhood-level crime data were not available in this dataset for a precise rank or percentile comparison. Investors typically benchmark property loss runs and local police or city reports against broader Los Angeles-Long Beach-Glendale metro trends to gauge relative safety and any emerging patterns over time.
Proximity to major corporate offices underpins workforce housing demand and commute convenience for residents. Key nearby employers include Charter Communications, Disney, Radio Disney, Avery Dennison, and Live Nation Entertainment.
- Charter Communications — corporate offices (0.4 miles)
- Disney — corporate offices (2.7 miles) — HQ
- Radio Disney — corporate offices (2.8 miles)
- Avery Dennison — corporate offices (5.5 miles) — HQ
- Live Nation Entertainment — corporate offices (8.8 miles) — HQ
2250 N Niagara St combines location fundamentals with a renter-driven neighborhood profile. The 1990 vintage is relatively newer than much of the nearby housing stock, offering competitive positioning with potential for selective upgrades to sustain rentability and drive operational efficiency. Elevated home values in the area reinforce reliance on rental housing, while neighborhood occupancy remains healthy even as it has eased from prior peaks.
Within a 3-mile radius, households are projected to grow and household sizes to edge smaller, pointing to a larger tenant base over the next several years. Nearby corporate offices in media, entertainment, and related sectors deepen the employment base that supports leasing and retention — trends that, according to CRE market data from WDSuite, align with above-median neighborhood performance within the metro.
- Newer 1990 vintage versus local 1960s stock supports competitive positioning with targeted value-add potential.
- High-cost ownership market bolsters reliance on rentals, aiding pricing power and lease retention.
- Healthy neighborhood occupancy with broad amenity access supports demand resilience.
- 3-mile outlook points to renter pool expansion as households grow and average household size declines.
- Risks: affordability pressure and cyclical exposure to media/entertainment employment warrant disciplined lease and expense management.