1505 N Naomi St First time on the market in nearly three decades, this exceptional Burbank opportunity is ready for its next chapter. Built in 1941 and located on a quiet residential street, this 2-bedroom, 2-bathroom home sits on a generously sized lot in one of Burbank's most sought-after neighborhoods. Brimming with character and original charm, the property offers a rare chance for investors, builders, flippers, or end users to renovate, reimagine, and create something truly special.The home requires a substantial interior renovation, making it an ideal canvas for those with vision and creativity. Surrounded by strong property values and pride of ownership, the potential for significant upside and impressive after-renovation value is evident. Ideally situated just minutes from the vibrant Magnolia Park district, residents enjoy easy access to popular restaurants, cafes, vintage shops, and local boutiques. The property is also conveniently located near major entertainment employers, including Warner Bros. Studios, The Walt Disney Company, and Universal Studios Hollywood, making it an attractive option for professionals in the film and television industries. Families will appreciate access to highly regarded schools, including Bret Harte Elementary School, Luther Burbank Middle School, and John Burroughs High School, all within the respected Burbank Unified School District. Whether your goal is to renovate and resell, create a long-term investment, expand and customize, or build your dream home, the possibilities are extensive. Opportunities like this are becoming increasingly rare in Burbank. Bring your contractor, your imagination, and your vision to unlock the full potential of this hidden gem.