124 N Naomi Street
Burbank, CA 91505
Listing broker / agent: Compass · Kristin Neithercut · CRMLS
MLS # 26997677 · Last checked Oct 8, 2026 05:05 UTC
About this property
Rare 13K Sq Ft Burbank Lot with 4 Structures Totaling Nearly 5K Sq Ft with 16-Car Parking & Further Development Potential!!! Rare investment and development opportunity in Burbank! Situated on an expansive 13,143-square-foot lot, this unique property features approximately 5,000 square feet of existing structures across four separate buildings, creating multiple avenues for an investor, developer or owner seeking a property with significant income and expansion potential. The property currently includes a 1,569-square-foot 3-bedroom, 2-bathroom main house, a separate 432-square-foot guesthouse with a kitchen and full bathroom, an approximately 400-square-foot detached two-car garage with Junior ADU potential, and an impressive two-story RV garage of approximately 1,900 square feet with full RV hookups and substantial vehicle storage. Above the RV garage is an additional approximately 600-square-foot studio apartment with kitchenette, full bathroom and private outdoor terrace. Income potential is a key component of this property. The multiple existing living spaces provide the opportunity to generate income from separate units while retaining the flexibility to occupy one or more spaces. The combination of residential structures, additional studio space, garage space and substantial parking creates a variety of potential income-producing configurations. The property also offers exceptional parking, with indoor parking for up to 8 vehicles plus gated driveway parking for up to 8 additional vehicles; an uncommon asset in Burbank and an attractive feature for tenants, businesses, collectors, contractors or other specialized users. For investors and developers, the 13k sqft lot provides an additional layer of opportunity. Potential future expansion and lot division under SB9 may allow for the creation of a separate parcel and additional units, subject to applicable zoning, regulations and approvals. Buyers can explore the property's potential while benefiting from the substantial existing improvements already in place. Located near Burbank Studios, Warner Bros. Studios and Universal Studios, as well as major retailers, hospitals, schools and convenient freeway access. The property is also located within the Stevenson Elementary School and John Burroughs High School Districts, adding to its appeal in the Burbank rental and residential market. A rare opportunity to acquire a large Burbank lot with multiple existing structures, income potential, significant parking and future development possibilities offering investors the flexibility to pursue immediate income, long-term appreciation, expansion or a combination of strategies.
Property details
- MLS number
- 26997677
- Status
- Active
- Type
- Residential Income
- Beds / baths
- 5 Beds • 4 Baths
- Living area
- 4,846 (area; units unconfirmed)
- Lot size
- 0.3018 acres
- Year built
- 1941
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 1941
- Year built source
- Assessor
- Architectural style
- Traditional
- Stories
- 1
- Building stories
- 2
- Levels
- One, Two, Multi Split
- Construction
- Stucco
- Roof
- Composition, Shingle
- Foundation
- Raised, Slab
- Condition
- Updated Remodeled
Bathrooms
- Full bathrooms
- 0
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Rooms
- Bonus Room, Guest Quarters, Living Room
- Appliances
- Barbecue, Dishwasher, Gas Oven, Gas Range, Microwave, Oven, Refrigerator, Dryer, Washer
- Interior features
- Cathedral Ceilings, Open Floorplan, Recessed Lighting
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Decorative, Living Room
- Laundry
- Inside, In Garage
Exterior & parking
- Total parking spaces
- 16
- Garage spaces
- 8
- Parking
- Controlled Entrance, Covered, Door Multi, Driveway, Garage, Garage Door Opener, Guest, Gated, Oversized, Private, Rv Garage, Rv Hook Ups, Rv Potential, Rv Gated, Rv Access Parking, Rv Covered, On Street, Side By Side, Storage, Uncovered
- Attached garage
- No
- Spa
- None
- Patio / porch
- Open, Patio
- Lot features
- Back Yard, Front Yard, Irregular Lot, Lawn, Landscaped, Yard
- Lot size source
- Assessor
- Property outlook
- Trees Woods
Utilities & community
- Sewer
- Other
- Community features
- Gated
Fees & lease terms
- Association
- No
Schools reported in the listing
- High school district
- Burbank Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| R. L. Stevenson Elementary Burbank Unified · Burbank | K–5 | 0.4 mi |
| Burroughs High Burbank Unified · Burbank | 9–12 | 0.7 mi |
| Theodore Roosevelt Elementary Burbank Unified · Burbank | K–5 | 0.9 mi |
| Dolores Huerta Middle Burbank Unified · Burbank | 6–8 | 0.9 mi |
| Walt Disney Elementary Burbank Unified · Burbank | K–5 | 1.1 mi |
| Thomas Edison Elementary Burbank Unified · Burbank | K–5 | 1.2 mi |
| William McKinley Elementary Burbank Unified · Burbank | K–5 | 1.2 mi |
| Bret Harte Elementary Burbank Unified · Burbank | K–5 | 1.6 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,095,000
- MLS-reported original asking price
- $2,095,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 8, 2026 00:11 | $2,095,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Burbank
Active residential homes for sale in Burbank, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
12 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-08 06:12 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
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