Courtesy of: Krikor Demirjian, Bellamar Realty, demirjiangreg@gmail.com
Courtesy of: Krikor Demirjian, Bellamar Realty, demirjiangreg@gmail.com
$2,495,000
|
9 bed
|
|
7.00 Bath (7 Full)
|
|
Lot: 0.16 Acres
|
|
Other
|
$2,495,000
1239 N Reese 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.
Courtesy of: Krikor Demirjian, Bellamar Realty, demirjiangreg@gmail.com
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.