541 N Naomi St - Apartments FOR SALE


Burbank, CA 91505- Magnolia Park
$4,799,000 USD
818-363-6116
541 N Naomi St, Burbank, CA for Sale
$4,799,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

541 N Naomi St
Burbank, CA 91505
Magnolia Park


HIGHLIGHTS

  • Located in a quiet, well-established residential neighborhood, this property offers a peaceful setting on a low-traffic, traffic-free street.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,799,000 USD

PRICE/SF

$576 USD /SF

# OF UNITS

11

PRICE/UNIT

$436,273

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,815 SF

ZONING

R4, Burbank

APN/PARCEL ID

2479-019-004

ASK ABOUT THIS PROPERTY

Celina ArevaloPark Regency RealtyMore Info
818-363-6116

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Celina ArevaloPark Regency RealtyMore Info
818-363-6116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.