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Jenn Smart

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1239 N Reese , Burbank, CA 91506
$2,495,000
Est. Payment: $5,544.44/mo
3674 Sqft
0.16 Acres
Status: active | Days on site: 103
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SR0110600 - SR207063115
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House Description

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.

Highlights

Listed by Krikor Demirjian , 818-300-8690 Bellamar Realty , 818-940-4310. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

2026

County

Los Angeles

Area

610 - Burbank

Listing ID

SR26168809

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Interior Features

Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Lot:Front Yard,Rectangular Lot,No Land Lease
Garage Capacity:1
Others:
  • ▪ Additional:2+ Total Units, Has ADU
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$5,544
Taxes
$1,591

Home Price

$2,495,000

Loan Details

30 yrs
0%

Down Payment

20%
$499,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,544.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,544.44 $1,590.56 $0.00 $7,135.01
Yearly $66,533.33 $19,086.75 $0.00 $85,620.08
Total $1,996,000.00 $572,602.50 $0.00 $2,568,602.50
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Burbank, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T23:39:01.000Z

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