1239 N Reese

Burbank, CA 91506
  • $2,495,000

    Price
  • 3,674

    SqFt
  • 0.16

    Acre

About the Listing SR0110600 - SR207063115

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 rental 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.

Listing Highlights for 1239 N Reese

Status Active
Days on Site 74
Property Type Multi-Family
MLS ® SR26168809
Year Built 2026
Total Square Footage 3,674
Lot/Acreage 0.16

Interior Details

  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,Rectangular Lot,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 1
  • Roof:
  • Others: 2+ Total Units,Has ADU
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2462010006
  • Tax Year: N/A

Payment Calculator

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Listing Location

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1239 N Reese Burbank, CA 91506

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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