2321 N Naomi Street is a 1938 single family home on a large 7,026 square foot flat, usable lot in the heart of Burbank. The home is sold strictly as is. For the investor, builder, or contractor, the value here is in the land, the location, and the upside that comes with bringing this property back to life.
The listing represents the parcel as R4 zoned, with potential for full scale renovation, an ADU addition, or new construction. Buyers should verify zoning and development potential directly with the City of Burbank. What is not in question is the canvas: a level, rectangular lot with full block wall perimeter fencing and mature trees.
A complete, honest look at the home and the lot, exactly as they stand today. Sold as is. Bring your contractor and your vision.
"A 7,000 plus square foot flat lot in central Burbank, with a solid structure and real development potential, priced for the buyer who sees what it can become. This is a project for someone who builds value, not someone who buys it finished."
7,026 square feet of level, rectangular, usable land with full block wall perimeter fencing. The kind of footprint that gives a builder room to work in a city where lots like this are increasingly rare.
The listing represents the parcel as R4 zoned, opening the door to renovation, an ADU addition, or new construction. Buyers are advised to verify zoning and entitlements with the City of Burbank.
A well built single family structure with hardwood floors in several rooms beneath the surface. A strong foundation to renovate and reposition rather than start from nothing.
A distinctive stone fireplace anchors the living room, with a matching stone chimney on the rear exterior. Original character worth preserving in any redesign.
An attached one car garage and a wide concrete driveway. Practical infrastructure already in place for the next chapter of the property.
A central Burbank location on a 7,026 square foot flat lot.
Sold strictly as is, no repairs or credits. Priced to reflect condition so the buyer captures the upside of the work, not the seller. A true value play.
"Land. Location. Upside." A large flat lot in central Burbank with a solid 1938 home, sold as is and priced for the work it needs. For the investor or builder who recognizes potential, this is where value gets created.
Source: CRMLS listing BB26067321, as of November 3, 2026.
2321 N Naomi sits on a level, rectangular parcel in Burbank. The city's commercial anchors include the entertainment studios, Hollywood Burbank Airport, and the Magnolia Park and Downtown Burbank districts. Zoning, permitting, and development potential are verified directly with the City of Burbank.
It sold on October 6, 2026 for $870,000, per CRMLS listing BB26067321.
A 3 bedroom, 1 bathroom single family home of 1,132 square feet, built in 1938, on a 7,026 square foot lot, per CRMLS listing BB26067321.
An attached one car garage, per CRMLS listing BB26067321.
Ed Sanchez, Broker, DRE #01293683, (818) 381-2047, of Empower Real Estate, DRE #01507986, 701 S. Victory Blvd., Burbank, CA 91502.
Source: CRMLS listing BB26067321, as of November 3, 2026.
This property closed on October 6, 2026 and is no longer available. To ask about a similar investor or builder opportunity in Burbank, contact the listing agent.