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3,674 sqft

$2,495,000

1239 N Reese, Burbank CA, 91506

Price per sqft$679.10
Built in2026
Property size3,674 sqft
Property typeMulti-family
Listed by Krikor Demirjian CA DRE# 01993420 with Bellamar Realty 818-300-8690

Overview

Active

Listed Aug 3, 2026

Updated Aug 4

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.

$16,599/mo

Est. mortgage payment based on a $2,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26168809

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

New Construction
Yes
55+/Senior Community
No
MLS provider logo

Listed by Krikor Demirjian CA DRE# 01993420 with Bellamar Realty 818-300-8690

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/4/2026 at 8:43 AM UTC Last Checked: 8:43 AM UTC

 

 

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