1505 N Naomi St This charming Burbank property, built in 1941, presents a rare opportunity for investors, builders, or buyers looking to create their dream home in one of the most desirable neighborhoods. First time on the market since 1998. This 2-bedroom, 2-bathroom home sits on a large lot in a quiet residential street and offers tremendous potential. The house retains its original character and requires a comprehensive interior renovation, making it an ideal project for flippers or end-users ready to reimagine and transform the space. The location is excellent, just minutes from the popular Magnolia Park district, known for its shops, restaurants, cafes, and vintage boutiques. The home is also close to major entertainment studios, including Warner Bros. Entertainment, The Walt Disney Company, and Universal Studios Hollywood, making it a convenient location for those working in the film and television industry. Nearby schools include Bret Harte Elementary School, Luther Burbank Middle School, and John Burroughs High School, all part of the highly regarded Burbank Unified School District. With strong surrounding property values in Burbank, this property offers excellent upside and after-renovation value potential (ARV) for buyers willing to invest in improvements. Whether you are looking to renovate and resell, create an investment, or design your own custom home, the possibilities here are significant. A true diamond with tremendous potential. Bring your contractor and your vision, and do not miss this opportunity to unlock the value of this Burbank gem.