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541 N Naomi St 11 Unit Apartment Building $5,100,000 ($463,636/Unit) Burbank, CA 91505
Investment Highlights
- Located in a quiet, well-established residential neighborhood, this property offers a peaceful setting on a low-traffic, traffic-free street.
Executive Summary
Outstanding 11-Unit Multifamily Investment Opportunity – Burbank, CA Don’t miss this outstanding income-producing multifamily property
located in one of Burbank’s most desirable rental markets, offering convenient access to the Interstate 5 Freeway, shopping, dining, schools, and
entertainment. This well-maintained 11-unit apartment building offers a strong and highly desirable unit mix: 4 Units: 2 Bedrooms / 1 Bathroom, 6
Units: 6 Units 1 Bedroom / 1 Bathroom, 3 Unit: 2 Bedrooms / 2 Bathrooms, 2 Units: 2Bedrooms / 1 Bathroom. The property features 10 on-site parking spaces, a beautifully maintained
community swimming pool, attractive landscaping, and a spacious central courtyard that creates a welcoming residential environment. Property
Highlights, Recently painted exterior, Majority of units remodeled, Vinyl flooring throughout units, Granite countertops in kitchens, Most windows
upgraded to newer dual-pane, Individual gas and electricity meters for each unit, On-site laundry room. A rare opportunity to acquire a quality
multifamily asset in the highly sought-after City of Burbank, known for strong rental demand and long-term appreciation potential. With its strong
unit mix, upgraded interiors, and prime location, this property presents an exceptional opportunity for investors seeking stable cash flow and long-
term growth in strongest rental markets.
located in one of Burbank’s most desirable rental markets, offering convenient access to the Interstate 5 Freeway, shopping, dining, schools, and
entertainment. This well-maintained 11-unit apartment building offers a strong and highly desirable unit mix: 4 Units: 2 Bedrooms / 1 Bathroom, 6
Units: 6 Units 1 Bedroom / 1 Bathroom, 3 Unit: 2 Bedrooms / 2 Bathrooms, 2 Units: 2Bedrooms / 1 Bathroom. The property features 10 on-site parking spaces, a beautifully maintained
community swimming pool, attractive landscaping, and a spacious central courtyard that creates a welcoming residential environment. Property
Highlights, Recently painted exterior, Majority of units remodeled, Vinyl flooring throughout units, Granite countertops in kitchens, Most windows
upgraded to newer dual-pane, Individual gas and electricity meters for each unit, On-site laundry room. A rare opportunity to acquire a quality
multifamily asset in the highly sought-after City of Burbank, known for strong rental demand and long-term appreciation potential. With its strong
unit mix, upgraded interiors, and prime location, this property presents an exceptional opportunity for investors seeking stable cash flow and long-
term growth in strongest rental markets.
Property Facts
| Price | $5,100,000 | Building Class | C |
| Price Per Unit | $463,636 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 8,333 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | Parking Ratio | 1.2/1,000 SF |
| Zoning | R4, Burbank - Outstanding 11-Unit Multifamily Investment Opportunity – Burbank, CA Don’t miss this outstanding income-producing multifamily property. | ||
| Price | $5,100,000 |
| Price Per Unit | $463,636 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 8,333 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | R4, Burbank - Outstanding 11-Unit Multifamily Investment Opportunity – Burbank, CA Don’t miss this outstanding income-producing multifamily property. |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,900 | - |
| 2+2 | 3 | $2,400 | - |
| 2+1 | 2 | $2,400 | - |
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2479-019-004 | Improvements Assessment | $737,743 |
| Land Assessment | $491,825 | Total Assessment | $1,229,568 |
Property Taxes
Parcel Number
2479-019-004
Land Assessment
$491,825
Improvements Assessment
$737,743
Total Assessment
$1,229,568
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541 N Naomi St