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$2,095,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 8 Car Garage
  • Updated 1 day ago
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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.

Full Property Details for 124 N Naomi St

General

  • Price: $2,095,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26997677
  • Updated: 10/7/2026
  • Added to Site: 2 day(s) ago

Interior

  • Rooms/Areas: Bonus Room, Breakfast Bar, Dining Area, Guest House, Garage Apartment, In-Law Suite, Living Room, Patio Open
  • Interior Features: Cathedral-Vaulted Ceilings, Open Floor Plan, Recessed Lighting
  • Cooking Appliances: Gas Grill, Microwave, Gas/Electric Range, Oven, Oven-Gas, Gas
  • Flooring: Mixed

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Bathroom Features: Fiberglass Shower Enclosure, Shower Over Tub, Tile

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside, Garage, In Unit

Additional Information

  • Shared Amenities: None
  • Pool Description: Room For
  • Spa Description: None
  • Security/Safety: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinklers, Smoke Detector, Gated
  • Other Features: Accessory Bldgs, GuestHouse, Other

Exterior

  • Deck/Patio: Open Patio

Parking

  • Garage: Yes
  • Garage Spaces: 8
  • Covered Spaces: 8
  • Garage Description: Built-In Storage, Controlled Entrance, Covered Parking, Detached, Door Opener, Driveway, Driveway Gate, Garage, Garage - 2 Car, Garage - 4+ Car, Garage Is Detached, Gated, On street, Oversized, Parking for Guests, Parking for Guests - Onsite, Uncovered, Side By Side, RV Possible, RV Paved, RV Hook-Ups, RV Gated, Rv Garage, RV Enclosed, RV Covered, Private Garage, Private

Location

  • Area: Burbank
  • County: Los Angeles
  • Cross Streets: Naomi & Olive
  • Driving Directions: North of Olive, South of Oak, West of Buena Vista

School Information

  • School District: Burbank Unified

Heating & Cooling

  • Cooling Type: Air Conditioning, Central
  • Heating Type: Central

Utilities

  • Sewer: In Street
  • Water: Public

Structural Information

  • # Buildings: 4
  • Architectural Style: Traditional
  • Exterior Const.: Stucco
  • Basement Desc.: Raised, Slab
  • Foundation: Raised, Slab
  • Roof: Composition, Shingle
  • Common Walls: Detached/No Common Walls
  • Entry Location: Ground Level w/steps
  • Stories/Levels: 2
  • Square Feet: 4,846
  • Sq. Ft. Source: Builder
  • Year Built: 1941
  • Year Built Source: Assessor
  • Property Condition: Updated/Remodeled
  • Other Struct. Feat.: Barbecue Private, Custom Built, Sprinkler System

Unit Information

  • Units in Complex: 5
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1

Unit 3

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: Accessory Bldgs, GuestHouse, Other

Lot Features

  • Property View: Walk Street, Trees/Woods
  • Lot Size (Acres): 0.3018
  • Lot Size: 13145
  • Lot Size Source: Assessor
  • Lot Dimensions: 71 x 120
  • Alley: Yes
  • Irrigation System: Sprinkler System, Sprinkler Timer
  • Lot Features: Flats
  • Zoning: BUR1YY
  • Lot Description: 2-4 Lots, Alley Paved, Automatic Gate, Back Yard, Exterior Security Lights, Fenced, Fenced Yard, Front Yard, Lawn, Level/Flat Lot, Lot Shape-Irregular, Landscaped, Sidewalks, Walk Street, Yard

Financial Considerations

  • Price Per Sq. Ft.: $432.32
  • Assessment Year: 1941
  • Owner Pays: Gardener

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 2484-018-023

Listed by Compass, Kristin Neithercut

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Listing agent

— 124 N Naomi St —

  • Kristin Neithercut

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 124 N Naomi St

School District:Burbank Unified School District
NameGradesDistance
R. L. Stevenson Elementary School
3333 West Oak Street, Burbank, CA 91505
K-50.5 mi
Dolores Huerta Middle
420 South Mariposa Street, Burbank, CA 91506
6-80.9 mi
Burroughs High School, Burbank, CA
1920 West Clark Avenue, Burbank, CA 91506
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 N Naomi St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2026
Listed
$2,095,000
183.11%
MLS
12/20/2004
Sold
$740,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 124 N Naomi St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,811
—
$1,332,114
2%
2025
$14,811
4%
$1,305,995
4%
2023
$14,191
5%
$1,255,283
2%
2022
$13,547
—
$1,230,671
2%
2021
$13,499
1%
$1,206,541
1%
2020
$13,351
6%
$1,194,171
5%
2019
$12,587
14%
$1,137,000
15%
2018
$11,003
13%
$990,000
13%
2017
$9,722
1%
$875,000
—
2016
$9,621
18%
$875,000
17%
2015
$8,179
5%
$747,000
7%
2014
$7,814
1%
$701,147
—
2013
$7,775
—
$700,333
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Compass, Kristin Neithercut

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124 N Naomi St, Burbank, CA 91505 (MLS# 26997677) is a Multi-Family property with units containing 5 bedrooms and 0 full bathrooms. 124 N Naomi St is currently listed for $2,095,000 and was received on October 07, 2026. Want to learn more about 124 N Naomi St? Do you have questions about finding other Multi-Family real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.

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