2321 N Naomi Street, Burbank, CA 91504

$2,495,000 Asking Price

5 beds
3 baths
2,880  sqft
Built in 1938

A fantastic investment opportunity! With approved plans to build 8 large townhouses in a prime Burbank location, this property offers a unique chance to own two adjacent residential properties on a massive 13,790-sqft lot. The property is situated in a highly desirable neighborhood, just minutes away from major attractions like the Hollywood Burbank Airport, Downtown Burbank, and iconic studios like Disney and Warner Bros, shopping centers, the 5 Freeway, local dining, and markets. With permits ready to be pulled within 45 days, this is an excellent chance to get started on a lucrative investment project. The combined lot size provides endless possibilities for development and growth, making this an attractive opportunity for savvy investors.

Features & Amenities

Interior

Laundry:
N/K
A/C:
N/K
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
BUR4*, 2464008006
View:
N/K

Utilities

Water:
N/K
Sewer:
Unknown Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Coldwell Banker Hallmark, Elen Hakobyan

About Burbank, CA

Housing

Number of Units
45,034
Median Home Value
$784,864
Median Rent
$1,637

57.03% of housing units are renter occupied.

4.37% are vacant.

Commute

Car
57.67%
Public Transportation
1.68%
Walk to Work
1.50%
Work from Home
38.01%
Other
0.50%

The median travel time to work is 19 minutes.

People

Population
108,907
Median Age
39.90
Median Household Size
2.64

Education

High School
16.14%
Associate’s Degree
9.77%
Bachelor’s Degree
31.11%
Graduate Degree
13.80%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: