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1239 N Reese

Burbank, CA 91506
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Bed 9

Bed

Bath 7

Bath

SqFt7,001

Sqft(Lot)

Exceptional investment opportunity in one of Burbank’s most desirable neighborhoods. This fully occupied three unit property features a beautifully renovated 3 bedroom, 2 bath front home, a brand new two story 4 bedroom, 3 bath rear home completed in 2026, and a newly constructed 2 bedroom, 1 bath ADU built in 2026. The front residence has been extensively remodeled with an updated kitchen, remodeled bathrooms, new flooring, designer lighting, and a spacious primary suite. The rear home showcases quality craftsmanship, an open-concept floor plan, high ceilings, abundant natural light, designer finishes, solar panels, and private outdoor space. The detached ADU offers modern finishes and excellent privacy. Currently generating approximately $11,450 per month ($137,400 annually) in gross ren tal income, this turnkey property presents an outstanding opportunity for investors or owner users seeking significant supplemental income. Ideally located on a quiet tree lined street near Warner Bros. Studios, Disney Studios, the Empire Center, shopping, dining, parks, and highly rated Burbank schools.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,495,000

AD Id : 89044532

MLS Id : SR26168809

Beds : 9

Lot Size : 7,001 Sq. Ft

Year Built : 2026

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Building Area Total: 3674
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7001 Lot Size Acres: 0.1607 Lot Size Source: Assessor Lot Size Square Feet: 7,001 Lot Description: FrontYard,RectangularLot

  • Listing Price Information

    Listing Price: $2495000
    Cash, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 2462010006 Tax Lot: 40

  • Location Information

    Direction: 1239 N Reese Place Burbank CA 91506 WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
351 W Elm Avenue, Burbank, CA, 91506 $1,195,000 2 1 1,081 6,208 Sq. Ft
1004 W Clark, Burbank, CA, 91506 $2,600,000 5 5 -- 6,430 Sq. Ft
700 S Mariposa Street, Burbank, CA, 91506 $3,400,000 4 4 2,672 30,659 Sq. Ft
435 S Mariposa, Burbank, CA, 91506 $1,489,999 2 2 1,663 6,587 Sq. Ft
611 S Griffith Park, Burbank, CA, 91506 $1,349,910 3 2 1,707 6,291 Sq. Ft
124 S Beachwood, Burbank, CA, 91506 $1,659,999 3 2 1,750 6,752 Sq. Ft
620 S Sparks Street, Burbank, CA, 91506 $1,775,000 3 3 2,114 10,254 Sq. Ft
405 N Griffith Park, Burbank, CA, 91506 $1,199,000 2 2 1,388 6,751 Sq. Ft
1122 N Beachwood, Burbank, CA, 91506 $1,325,000 3 1 1,056 5,760 Sq. Ft
604 N Sparks, Burbank, CA, 91506 $1,900,000 4 3 2,699 6,738 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/01/2026 @ 02:12

MLS: SR26168809 LISTED BY: Krikor Demirjian, Bellamar Realty 818-940-4310 SOURCE: CRMLS

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