Nestled in the heart of Burbank, 2344 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 ±1,288 SF property, situated on an expansive ±8,519 SF corner lot, features two well-maintained units comprising a total of 3 bedrooms and 2 bathrooms. Zoned BUR4*, the property offers both immediate rental income—currently generating over $53,000 annually—and long-term redevelopment potential. With recent renovations, updated leases as of April 2025, and a projected cap rate of up to 2.4% based on current financials and new tax basis, this is a turn-key investment poised for growth.
Priced at $1,100,000, 2344 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. This asset is ideally suited for developers given its dual street access, as well as for investors seeking long-term value or owner-users who want to live in one unit while generating income from the other.
PROPERTY INFO
BLDG (SF): ± 1,288 SF
LAND (SF): ± 8,519 SF (0.2 Acres)
APN: 2464-005-013
YEAR BUILT: 1940
UNIT MIX:
2344 Fairview: 2 Bedrooms, 1 Bath One-car attached garage
2344 1/2 Fairview: 1 Bedroom, 1Bath
The property has an additional detached two-car garage
LOCATION: Prime location in Burbank, CA