Nestled in the heart of Burbank, 2224 N Fairview Street presents a rare opportunity to own a charming, income-producing duplex in one of Los Angeles County’s most stable rental submarkets. This ±1,861 SF property, situated on an expansive ±6,678 SF lot, features two well-maintained units comprising a total of 4 bedrooms and 3 bathrooms. Zoned BUR4*, the property offers both immediate rental income—currently generating over $66,144 annually—and long-term redevelopment potential. With recent renovations, updated leases as of April 2025, and a projected cap rate of up to 4.0% based on current financials and new tax basis, this is a turn-key investment poised for growth.
Priced at $1,150,000, 2224 N Fairview combines vintage character with strategic positioning—just minutes from key entertainment employers like Warner Bros. and Disney, as well as public transit, shops, and top-rated schools in the Burbank Unified School District. Comparable duplexes in the neighborhood have sold for up to $807/SF, supporting the property’s market value. With limited supply in this high-demand corridor and strong upside potential through light renovation or redevelopment, this asset is ideal for investors seeking long-term value, or owner-users looking to live in one unit while generating income from the other.
PROPERTY INFO
BLDG (SF):± 1,861 SF
LAND (SF):± 6,678 SF (0.15 Acres)
APN:2464-006-023
YEAR BUILT: 1947
UNIT MIX:
2224 Fairview [1]: 2 Bedrooms, 1 Bath
2224 Fairview [2]: 2 Bedroom, 2 Bath
The property has 2 two-car garages. Ideal for ADU.
LOCATION: Prime location in Burbank, CA