Home | Los Angeles County | Burbank | 91506 | 1239 N Reese
MLS: CRSR26168809 | Status: Active | Price: $2,495,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,001 | 2026 |
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.
| Field | Value |
|---|---|
| MLS # | CRSR26168809 |
| MLS Source | California Regional MLS |
| Days on Site | 4 |
| Feature | Details |
|---|---|
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Other, Garage: 0 Car(s) |
Krikor Demirjian
Bellamar Realty
License #: 01993420
Phone: (818) 300-8690
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 3 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of August 03, 2026. For the most current information, please contact Krikor Demirjian, (818) 300-8690.