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Triplex with New ADU
For Sale
$2,495,000

1239 N Reese, Burbank, CA 91506

Burbank, CA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market53

Property Features for 1239 N Reese

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Bedrooms 9
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 7, Bedroom 3, Bedroom 2, Bathroom 5, Bathroom 6, Bedroom 4, Bathroom 1, Laundry Room, Bedroom 9, Bedroom 5, Bathroom 3
Parking 1
Parking features Driveway
Lot features Rectangular Lot, Front Yard
Directions 1239 N Reese Place Burbank CA 91506
Subdivision 610 - Burbank
Standard status Active
APN 2462010006
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

solar panels

Building Details

Year built 2026
Floors in Building 2
Number of units 3
Listing Agency: Bellamar Realty
Listed By: Krikor Demirjian · License #01993420
Added: Aug 3 Changed: Sep 22 Last Checked: Sep 24 at 10:06PM
MLS# SR26168809

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.

Investment Insights

Based on property information with market context.

This three-unit residential property combines a remodeled front residence with two newer detached dwellings. The front home offers 3 bedrooms and 2 baths, along with an updated kitchen, refreshed bathrooms, new flooring, designer lighting, and a primary suite. The rear residence contains 4 bedrooms and 3 baths across two stories, with an open layout, high ceilings, natural light, solar panels, and private outdoor space. A detached 2-bedroom, 1-bath ADU adds a third living unit with contemporary finishes and separation from the other homes.

The property occupies 0.1607 acres and includes central heating, central air conditioning, driveway parking, public water, and public sewer. Its Burbank setting places it near Warner Bros. Studios, Disney Studios, the Empire Center, shopping, dining, parks, and Burbank schools.

Key Highlights

  • Three‑unit triplex configuration with a front home, rear home, and detached ADU
  • Front residence includes 3 bedrooms, 2 baths, remodeled interiors, and a primary suite
  • Two‑story rear home has 4 bedrooms, 3 baths, solar panels, and private outdoor space

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Restaurant Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,237
Businesses Nearby

Demographics for 91506, CA

19,338
Population
8,530
Households
2.3
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
8,058
Density / Sq Mi
$107,171
Median Household Income
$60,017
Median Earnings
$1,913
Median Rent
$1,055,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residences feature updated interiors, private outdoor areas, central climate control, and driveway parking.
Where is this triplex located?
The property is located at 1239 N Reese Burbank, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Three‑unit triplex configuration with a front home, rear home, and detached ADU; Front residence includes 3 bedrooms, 2 baths, remodeled interiors, and a primary suite; Two‑story rear home has 4 bedrooms, 3 baths, solar panels, and private outdoor space
More about this property
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