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$1,400,000
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Property Description
Exceptional opportunity meets timeless charm. Perfectly situated on a quiet residential street in one of Burbank's desirable neighborhoods, this inviting property offers versatility, comfort, and incredible potential. With a spacious main residence, a detached back house, and a generously sized lot, this is a rare opportunity to own a property that accommodates a variety of lifestyles and future possibilities. The main home features 3 bedrooms and 2 bathrooms across approximately 1,921 square feet of living space, thoughtfully designed with a warm, traditional feel and a functional layout. Bright and inviting living areas create the perfect setting for everyday living and entertaining, while the cozy fireplace serves as a beautiful centerpiece, adding warmth and character to the home. Central air conditioning provides year-round comfort, making every season enjoyable. One of the property's most exciting features is the detached back unit, offering exceptional flexibility. Whether utilized as a guest house, private office, creative studio, workout space, or for multigenerational living (subject to buyer verification and local regulations), it adds tremendous value and endless possibilities. Set on a 6,746-square-foot lot, the expansive backyard is a true highlight. The outdoor space offers plenty of room for entertaining, gardening, creating a custom outdoor retreat, or simply enjoying Southern California's beautiful weather. The 2-car garage provides secure parking along with additional storage space, further enhancing the home's functionality. Located in the heart of Burbank, this property places you just minutes from highly regarded schools, neighborhood parks, popular restaurants, shopping centers, entertainment, and everyday conveniences, while still offering the peace and privacy of a quiet residential street. Its central location provides easy access to major studios, employment centers, freeways, and all that the surrounding area has to offer. Ideal for owner-occupants seeking flexibility, space, and long-term value, this property presents an exceptional opportunity in one of the San Fernando Valley's most sought-after communities.
Some photos have been digitally enhanced.
Full Property Details
Full Property Details for 331 N Reese
General
- Price: $1,400,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: BB26142414
- Updated: 9/5/2026
- Days on Market: 11 days
- Added to Site: 39 day(s) ago
Interior
- Rooms/Areas: Laundry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Den
- Interior Features: Ceiling Fan(s), Recessed Lighting, Tile Counters
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: In Living Room
- Appliances: Microwave, Refrigerator, Gas Range, Gas Oven, Dishwasher
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup, Outside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Porch, Patio, Slab
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage (Single Door)
Location
- County: Los Angeles
- Driving Directions: Head toward N Kenwood St
School Information
- School District: Burbank Unified
- Elementary School: GLENOA
- Middle School: TOLL
- High School: BURBAN
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Single Family Residence
- Construction: Stucco
- Foundation: Slab
- Roof: Shingle
- Common Walls: No Common Walls
- Windows: Blinds
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,921
- Sq. Ft. Source: Assessor
- Year Built: 1940
- Year Built Source: Public Records
- Property Condition: Repairs (Major)
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1549
- Lot Size (Sq. Ft.): 6,746
- Lot Size Source: Assessor
- Lot Description: Patio Home, Rectangular Lot, 0-1 Unit/Acre
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $728.79
Disclosures and Reports
- Special Conditions: Real Estate Owned
- Bank-owned: Yes
Listed by Enrique Henry Vega Jr. Broker, Henry Vega
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Schools
Schools serving 331 N Reese
School District:Burbank Unified School District
| Name | Grades | Distance |
|---|---|---|
Walt Disney Elementary School, Burbank, CA 1220 West Orange Grove Avenue, Burbank, CA 91506 | K-5 | 0.3 mi |
Dolores Huerta Middle 420 South Mariposa Street, Burbank, CA 91506 | 6-8 | 0.6 mi |
Burroughs High School, Burbank, CA 1920 West Clark Avenue, Burbank, CA 91506 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 331 N Reese
Date
Details
Price
Change
Source
8/23/2026
Price Increased
$1,400,000
7.69%
MLS
7/29/2026
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 331 N Reese
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,599
—
$213,214
2%
2025
$2,599
108%
$209,035
2%
2024
$1,249
-49%
$204,937
2%
2023
$2,472
4%
$200,920
2%
2022
$2,366
1%
$196,981
2%
2021
$2,344
1%
$193,120
1%
2020
$2,318
3%
$191,141
2%
2019
$2,254
6%
$187,394
2%
2018
$2,119
2%
$183,720
2%
2017
$2,073
4%
$180,119
2%
2016
$1,990
2%
$176,589
2%
2015
$1,951
—
$173,937
2%
2014
$1,953
1%
$170,531
—
2013
$1,938
—
$169,761
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 331 N Reese
331 N Reese, Burbank, CA 91506 (MLS# BB26142414) is a Single Family property with 3 bedrooms and 2 full bathrooms. 331 N Reese is currently listed for $1,400,000 and was received on August 05, 2026. Want to learn more about 331 N Reese? Do you have questions about finding other Single Family real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.

