2321 N Naomi Street
Burbank, CA, 91504
$950,000
MLS: BB26067321
Beds
3
Baths
1
Sq Ft
1,132
Lot
0.16 ac
Year Built
1938
MLS #
BB26067321
Days on Market
1
Listed
Mar 28, 2026
Description
Attention investors and builders! A rare opportunity to acquire a 7,000+ SF flat, usable 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
Payment estimate
$6,899
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000
- Principal & Interest
- $5,253
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $33,250 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
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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