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.
Property Details
Price:
$2,495,000
MLS #:
SR26168809
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
610burbank
Listed Date:
Aug 3, 2026
Total Sq Ft:
3,674
Lot Size:
7,001 sqft / 0.16 acres (approx)
Year Built:
2026
See this Listing
Schools
Interior
Cooling
CA
Heating
CF
Laundry Features
IR
Levels
U
Exterior
Common Walls
NOA, _1CW, EU
Community Features
CRB
New Construction YN
1
Parking Spots
1
Parking Total
1
Financial
Map
Community
- Address1239 N Reese Burbank CA
- CityBurbank
- CountyLos Angeles
- Zip Code91506
Subdivisions in Burbank
Market Summary
Current real estate data for Single Family in Burbank as of Aug 05, 2026
209
Single Family Listed
55
Avg DOM
454
Avg $ / SqFt
$1,189,666
Avg List Price
Property Summary
- 1239 N Reese Burbank CA is a Single Family for sale in Burbank, CA, 91506. It is listed for $2,495,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2026. The average price per square foot for Single Family listings in Burbank is $454. The average listing price for Single Family in Burbank is $1,189,666.
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1239 N Reese
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