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Listed by Krikor Demirjian, DRE #01993420 • Bellamar Realty
$2,495,000
Est. payment /mo
7,001 Sqft Lot
Active
1239 N Reese Burbank, CA 91506
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26168809
Year Built 2026
Lot Size 7,001 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property 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.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Laundry Room
Exterior
Parking Features Other
Garage Spaces 1.0
Pool None
Building
Water District - Public
Others
Tax ID 2462010006
Special Listing Condition Not Applicable
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