1239 N Reese
Burbank, CA 91506
9
Bed
7
Bath
7,001Sqft(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
Property Details
Map
Map
What's Nearby
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Features
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Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2026Building Area Total: 3674Stories: 2Pool Features: NonePrivate Pool: No
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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
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Listing Price Information
Listing Price: $2495000Cash, CashToNewLoan, Conventional
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Tax Information
Parcel Number: 2462010006 Tax Lot: 40
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Virtual Tour
Parking Information
Parking Total: 1 Driveway
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Location Information
Direction: 1239 N Reese Place Burbank CA 91506 WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 347 W Spazier Avenue, Burbank, CA, 91506 | $1,290,000 | 2 | 2 | 1,440 | 1,440 SqFt |
| 1004 W Clark, Burbank, CA, 91506 | $2,450,000 | 5 | 5 | -- | |
| 700 S Mariposa Street, Burbank, CA, 91506 | $3,400,000 | 4 | 4 | 2,672 | 2,672 SqFt |
| 1333 W Valleyheart Drive, Burbank, CA, 91506 | $2,987,000 | 6 | 5 | 5,120 | 5,120 SqFt |
| 321 S Griffith Park Drive, Burbank, CA, 91506 | $969,500 | 2 | 1 | 1,467 | 1,467 SqFt |
| 615 S Sparks, Burbank, CA, 91506 | $1,535,000 | 3 | 2 | 1,855 | 1,855 SqFt |
| 420 S Reese Place, Burbank, CA, 91506 | $2,095,000 | 4 | 3 | 2,780 | 2,780 SqFt |
| 220 S Reese Place, Burbank, CA, 91506 | $1,575,000 | 3 | 2 | 1,964 | 1,964 SqFt |
| 604 N Sparks, Burbank, CA, 91506 | $1,900,000 | 4 | 3 | 2,699 | 2,699 SqFt |
| 743 N Sparks St, Burbank, CA, 91506 | $1,445,000 | 3 | 2 | 1,658 | 1,658 SqFt |
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ByOwner last updated this listing 08/12/2026 @ 03:40
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