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.
Foreclosure
Listed by: Enrique Henry Vega Jr. Broker • Henry Vega • Contact: 323-833-6466
$1,400,000
331 N Reese Pl, Burbank, CA 91506
3beds
1,921sqft
Single Family Residence
Built in 1940
6,746 Square Feet Lot
$1,375,000 Zestimate®
$729/sqft
$-- HOA
What's special
- 18 days
- 522
- 24
Zillow last checked:
Listing updated:
Listed by:
Henry Vega DRE #01765081 323-833-6466,
Enrique Henry Vega Jr. Broker
Source: CRMLS,MLS#: BB26142414
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 5
Rooms
- Room types: Bedroom, Den, Kitchen, Laundry, Living Room, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Dual Sinks, Tile Counters, Tub Shower
Kitchen
- Features: Tile Counters
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Laundry: Washer Hookup, Gas Dryer Hookup, Outside
Features
- Ceiling Fan(s), Recessed Lighting, Tile Counters, All Bedrooms Down, Main Level Primary
- Flooring: Carpet, Laminate
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,921 sqft
Property
Parking
- Total spaces: 4
- Parking features: Door-Single, Garage
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Patio & porch: Concrete, Patio, Porch
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,746 Square Feet
- Features: 0-1 Unit/Acre, Rectangular Lot
Details
- Parcel number: 2447017024
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Patio Home
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Repairs Major
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Urban
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Senior community: Yes
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $729/sqft
- Tax assessed value: $213,214
- Date on market: 8/5/2026
- Cumulative days on market: 19 days
- Listing terms: Cash,Conventional,FHA,Submit,VA Loan
- Road surface type: Paved
Foreclosure details
Estimated market value
$1,375,000
$1.31M - $1.44M
$6,075/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Sold | $1,298,855$676/sqft |
Source: Public Record Report a problem | ||
| 4/13/2025 | Listed for rent | $925-74.3% |
Source: Zillow Rentals Report a problem | ||
| 5/9/2017 | Listing removed | $3,600$2/sqft |
Source: Century Property Management #eps-1376154461-1492637801 Report a problem | ||
| 4/19/2017 | Listed for rent | $3,600$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $213,214 +2% |
| 2025 | $2,599 +4.1% | $209,035 +2% |
| 2024 | $2,497 +1% | $204,937 +2% |
| 2023 | $2,472 +4.5% | $200,920 +2% |
| 2022 | $2,366 +0.9% | $196,981 +2% |
| 2021 | $2,344 +1.2% | $193,120 +1% |
| 2020 | $2,318 | $191,141 +2% |
| 2019 | $2,318 +9.4% | $187,394 +2% |
| 2018 | $2,119 | $183,720 +2% |
| 2017 | $2,119 +2.2% | $180,119 +2% |
| 2016 | $2,073 +4.2% | $176,589 +1.5% |
| 2015 | $1,990 +1.9% | $173,937 +2% |
| 2014 | $1,953 | $170,531 +2.5% |
| 2012 | -- | $166,433 +2% |
| 2011 | -- | $163,171 +0.8% |
| 2010 | -- | $161,952 +5.5% |
| 2009 | -- | $153,457 +2% |
| 2008 | -- | $150,449 +2% |
| 2007 | -- | $147,500 +2% |
| 2006 | -- | $144,608 |
| 2005 | -- | $144,608 +4% |
| 2004 | -- | $138,995 +1.9% |
| 2003 | -- | $136,448 +2% |
| 2002 | -- | $133,774 +4% |
| 2000 | -- | $128,581 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 91506
Nearby schools
Schools provided by the listing agent
- Elementary: Glenoaks
- Middle: Toll
- High: Burbank
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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