
Burbank, California 91505
Analysis of 541 N Naomi, Burbank, California 91505 is currently available with a list price of $5,100,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While built in 1960, the property is well-maintained with significant recent upgrades including a majority of units remodeled with granite countertops and vinyl flooring, upgraded dual-pane windows, and a recently painted exterior.
Situated in a highly desirable Burbank neighborhood with proximity to the I-5 freeway and major entertainment hubs, ensuring consistently high rental demand and long-term appreciation potential.
The property features a recently painted exterior and a majority of units have been remodeled with granite countertops, vinyl flooring, and dual-pane windows, minimizing immediate renovation costs for the investor.
Offers a diverse mix of one and two-bedroom units complemented by rare amenities like a community swimming pool and central courtyard, which command premium rents and improve tenant retention.
With only 10 on-site parking spaces for 11 units, the property has a sub-1:1 parking ratio, which may pose a challenge for multi-occupant households in a car-dependent region.
Originally constructed in 1960, the property may require ongoing maintenance of aging core systems such as plumbing and electrical that are not fully addressed by cosmetic interior remodels.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 8,333 | - |
| Lot Size | 7,877 | - |
| Price | $5.10M | $1.66M |
| Price per sq ft | $612 | $580 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 125 |
Jul 14, 2026
$5,100,000
Initial Listing