541 N Naomi, Burbank, CA 91505

$5,100,000

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List Price
$5,100,000
Status
ACTIVE
MLS#
SR26152429
Year Built
1960
Lot Size
7,877
Acres
0.18
Lot Location
11-15 Units/Acre
Days on Market
15
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

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: 1 Bedroom / 1 Bathroom, 1 Unit: 2 Bedrooms / 2 Bathrooms 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.

Additional Information

Pool Description
Community, In Ground
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
11
Gross Scheduled Income
$259,500
Operating Expense
11990

Listing courtesy of Listing Agent: Celina Arevalo (celinarealtor@parkregency.com) from Listing Office: Park Regency Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.