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Two-Bedroom Residential Unit
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514 N Rosemary, Burbank, CA 91505

Burbank, CA

Property Size800 SF
Lot Size0.24 Acres
Price / SF$3.25
Days on Market8

Property Features for 514 N Rosemary

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Laundry Room, Kitchen, Bedroom 2
Parking 1
Parking features Garage
Window features Blinds, Double Pane Windows
Pets allowed Call
Appliances Water Heater, Refrigerator, Gas Range
Lot features 2-5 Units/ Acre
Elementary school district Burbank Unified
Middle school district Burbank Unified
High school district Burbank Unified
Directions X-West Clark Ave (Across Aquatic Facility)
Subdivision 610 - Burbank
Standard status Active
APN 2480025004
Size 800 SF
Lot size 0.24 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

dual-pane windows
window-mounted air conditioning units
washer and dryer hookups
shared outdoor yard space

Building Details

Year built 1944
Floors in Building 1
Number of units 1
Flooring type Laminate
Listing Agency: Keller Williams R. E. Services · Keller Williams Realty
Listed By: Talin Mardirosians · License #01350014
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 11:06PM
MLS# GD26227807

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 800-square-foot, single-level front residence is part of a four-unit community and contains two bedrooms and one bathroom. Recent improvements include laminate flooring in the living room and both bedrooms, along with a refrigerator and gas stove. The unit has dual-pane windows with blinds, three window-mounted air-conditioning units, and washer and dryer hookups in the kitchen. A one-car garage and shared outdoor yard space are included. The owner pays for water and gardener service.

Verdugo Park and the Verdugo Aquatic Facility are directly across from the property. Magnolia Park, with shops, cafes, restaurants, grocery stores, and parks, is nearby. The residence is within the Burbank Unified School District and offers access to local shopping, Downtown Burbank, entertainment studios, and nearby freeways.

Key Highlights

  • 800‑square‑foot, two‑bedroom, one‑bathroom residence
  • Front unit in a four‑unit community; single‑level layout
  • Laminate flooring in living room and both bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$990,043
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,800,860 $19.8M
Cap Rate 7%
$14,143,471 $14.1M
Cap Rate 9%
$11,000,478 $11.0M
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$1.81M $2,265.96/SF
− Vacancy
−$12.7K −$15.86/SF
EGI
$1.80M $2,250.10/SF
− OpEx
−$810.0K −$1,012.54/SF
NOI
$990.0K $1,237.55/SF
Area
Burbank, CA
Vacancy
0.70%
Lease Rate
$2,265.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,800,860
Cap Rate 7%
$14,143,471
Cap Rate 9%
$11,000,478

Alternative Uses

Best Use
Apartment 5plus
$14.14M
$12.38M – $16.50M (±1% cap)
NOI $990,043 @ 7.0% cap · market cap 38,078.58%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$16.21M
$14.18M – $18.91M (±1% cap)
NOI $1,134,526 @ 7.0% cap · market cap 43,635.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,047
Businesses Nearby

Demographics for 91505, CA

32,371
Population
14,258
Households
2.3
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
5,995
Density / Sq Mi
$106,364
Median Household Income
$60,859
Median Earnings
$2,284
Median Rent
$992,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Single-level front residence with a one-car garage and access to shared outdoor yard space.
Where is this residential income property located?
The property is located at 514 N Rosemary Burbank, CA.
What are key features of this property?
This property features: 800‑square‑foot, two‑bedroom, one‑bathroom residence; Front unit in a four‑unit community; single‑level layout; Laminate flooring in living room and both bedrooms
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