1239 Reese, Burbank, CA 91506
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1239 Reese,Burbank, CA 91506
$2,495,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: krikor demirjian
Office: bellamar realty
MLS#:SR26168809
Source:MLSListings
Price summary
- Price:$2,495,000
About this home
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....
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Home facts
- Year built:2026
- Listing ID #:SR26168809
- Added:1 day(s) ago
- Updated:August 06, 2026 at 04:25 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central Forced Air
Structure and exterior
- Year built:2026
- Lot area:0.16 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$2,495,000
Features and amenities
- Laundry features:In Laundry Room
Parking
- Parking description:Other
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