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Three-Unit Residential Income Property
New
For Sale
$2,495,000

1239 N Reese, Burbank, CA 91506

COMMERCIAL - Burbank, CA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market7

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 Bedroom 4, Bedroom 9, Bedroom 7, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 2, Bathroom 6, Bathroom 7, Bathroom 5, Laundry Room, Bedroom 5, Bedroom 6, Bathroom 4, Bedroom 2
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

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: Aug 4 Last Checked: Aug 9 at 7:06PM
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 includes a renovated front residence with 3 bedrooms and 2 bathrooms, a two-story rear residence with 4 bedrooms and 3 bathrooms, and a detached 2-bedroom, 1-bath ADU. Improvements to the front home include an updated kitchen, remodeled bathrooms, new flooring, designer lighting, and a primary suite. The rear residence features an open layout, high ceilings, natural light, designer finishes, solar panels, and private outdoor space. The ADU provides a separate residential configuration with modern finishes and privacy. The property is fully occupied and includes central heating, central air conditioning, driveway parking, public water, and public sewer.

Located on N Reese in Burbank, the property is near Warner Bros. Studios, Disney Studios, Empire Center, shopping, dining, parks, and Burbank schools.

Key Highlights

  • Three‑unit property with 3‑bedroom, 2‑bath front residence, 4‑bedroom, 3‑bath rear residence, and 2‑bedroom, 1‑bath ADU
  • Front residence includes updated kitchen, remodeled bathrooms, new flooring, designer lighting, and a primary suite
  • Rear residence offers two stories, open‑concept living, high ceilings, solar panels, and private outdoor space

Property Analytics

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

Location Intelligence

Trade Area within ½ mile

2,305
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

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 offer a varied unit mix with central heating, air conditioning, 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 property with 3‑bedroom, 2‑bath front residence, 4‑bedroom, 3‑bath rear residence, and 2‑bedroom, 1‑bath ADU; Front residence includes updated kitchen, remodeled bathrooms, new flooring, designer lighting, and a primary suite; Rear residence offers two stories, open‑concept living, high ceilings, solar panels, and private outdoor space
More about this property
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