2223 North Naomi Street

Reimagined 4BR/4BA Single Family + Development Opportunity with APPROVED plans for a 3/2 + 2/2 ADU duplex ready to issue. This beautiful Burbank build-out has been thoughtfully reconfigured & remodeled into a spacious, contemporary & turnkey home. From the new plumbing, electrical & doors to new custom lighting,… fireplaces, quartz counters & wood laminate floors...no aesthetic nor functional detail has been left untouched to create a comfortable haven for your family and/or possible roommates. There are two primary bedroom suites (one w/ a private patio/deck) that offer functional spaces for a solo respite or an inspiring place to create. The remaining two bedrooms share a full bath, there is a forth 1/2 bath for guests & two large communal spaces (the living/dining room & den) flanking the kitchen at the heart of this home. New "Low-E" windows, new cool composite roof, drought tolerant landscaping & synthetic grass will save the homeowner and/or landlord thousands in utility costs. Beyond energy savings, Buyer can save thousands more in soft costs by using the approved architectural/structural plans to build a 2-story ADU duplex to produce additional income. The proposed ADU mix would be a 2nd story 913sf 2BR/2BA & a ground level 990sf 3BR/2BA to result in a total of 4,288 rentable square feet. Not only is this the best value priced property in all of Burbank for a single family home of comparable size & condition, there is huge upside return upon completion of the approved ADU development or another higher use permitted under the R4 zone. Burbank is coveted for its top rated schools, proximity to the airport, studios, and convenient access to the 5, 134 & 170 freeways. Walking distance to shops, restaurants & transportation...this location is poised for healthy rental income/market growth. Read More