1239 N Reese, Burbank, CA — listing photo 1
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FOR SALENew Listing

1239 N Reese

Burbank, CA 91506
7,001 Lot Sq Ft
Built 2026
$2,495,000

Property Overview

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.

Home Details

Property type
Residential Income - Mixed Use
Year built
2026
Lot size
7,001 sq ft
Parking
1 spaces
Stories
2
Days on market
0
MLS status
Active

Features & Amenities

Parking

  • Driveway

Pool

  • None

Lot

  • Front Yard
  • Rectangular Lot

Community, Schools & Utilities

Community

New construction
Yes

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1239 N Reese

Burbank, CA 91506

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Frequently Asked Questions About 1239 N Reese

Property type: Residential Income

The current asking price is $2,495,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1239 N Reese. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 2026. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Burbank, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Burbank property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Krikor Demirjian
MLS ID: SR207063115

Available property

$2,495,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.