2321 N Naomi Street
Burbank, CA, 91504
$900,000
Original list price: $950,000
MLS: BB26067321
Beds
3
Baths
1
Sq Ft
1,132
Lot
0.16 ac
Year Built
1938
MLS #
BB26067321
Days on Market
121
Listed
Mar 28, 2026
Description
Attention investors and builders! A rare opportunity to acquire a 7,000+ SF flat, usable R4 zoned lot in the heart of Burbank. This 3-bedroom, 1-bathroom single-family residence offers 1,132 SF of living space, zoned for residential use and built in 1938. The home includes an attached 1-car garage, hardwood floors in most rooms, a stone fireplace, and sliding glass door access to a large, level rear yard with full block wall perimeter fencing. The lot's size, shape, and flat topography present strong potential for new construction, ADU addition, or full-scale renovation.
Location
Burbank, Los Angeles County, CA 91504
Open on Google Maps ↗Listed by: Ed Sanchez · EMPOWER Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,786
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $90,000 · Loan: $810,000
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,211
- Property tax (1.25%)
- $938
- Homeowners insurance
- $300
- Mortgage insurance
- $338
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Burbank home with as little as 3.5% down using an FHA loan — roughly $31,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Burbank, CA 91504 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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