331 N Reese
Burbank, CA 91506
Listing broker / agent: Enrique Henry Vega Jr. Broker · Henry Vega · 323-833-6466 · CRMLS
MLS # BB26142414 · Last checked Nov 14, 2026 19:52 UTC
About this property
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.
Property details
- MLS number
- BB26142414
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 3 Beds • 2 Baths
- Living area
- 1,921 Sq Ft
- Lot size
- 0.1549 acres
- County
- Los Angeles
- Year built
- 1940
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 47
Building
- Year built
- 1940
- Year built source
- Public Records
- Architectural style
- Traditional, Patio Home
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Construction
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Condition
- Repairs Major
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
Rooms & interior
- Main-level bedrooms
- 5
- Main-level bathrooms
- 3
- Rooms
- Bedroom, Den, Kitchen, Laundry, Living Room, Primary Bedroom
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Interior features
- Ceiling Fans, Recessed Lighting, Tile Counters, All Bedrooms Down, Main Level Primary
- Flooring
- Carpet, Laminate
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Washer Hookup, Gas Dryer Hookup, Outside
Exterior & parking
- Total parking spaces
- 4
- Garage spaces
- 2
- Parking
- Door Single, Garage
- Attached garage
- No
- Pool
- None
- Spa
- None
- Patio / porch
- Concrete, Patio, Porch
- Lot features
- Zero To One Unit Acre, Rectangular Lot
- Lot size source
- Assessor
- Fencing
- None
- Property outlook
- Neighborhood
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Community features
- Urban
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- Elementary school
- Glenoaks
- Middle / junior school
- Toll
- High school
- Burbank
- High school district
- Burbank Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Burroughs High Burbank Unified · Burbank | 9–12 | 0.2 mi |
| Walt Disney Elementary Burbank Unified · Burbank | K–5 | 0.3 mi |
| Dolores Huerta Middle Burbank Unified · Burbank | 6–8 | 0.6 mi |
| Thomas Edison Elementary Burbank Unified · Burbank | K–5 | 0.7 mi |
| William McKinley Elementary Burbank Unified · Burbank | K–5 | 0.9 mi |
| R. L. Stevenson Elementary Burbank Unified · Burbank | K–5 | 1.1 mi |
| Theodore Roosevelt Elementary Burbank Unified · Burbank | K–5 | 1.2 mi |
| Monterey High Burbank Unified · Burbank | 9–12 | 1.2 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,350,000
- MLS-reported original asking price
- $1,300,000
- MLS-reported previous asking price
- $1,400,000
- MLS-reported last price change
- 2026-10-19 13:41 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 19, 2026 20:56 | $1,350,000 |
| Oct 2, 2026 05:39 | $1,400,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Burbank
Active residential homes for sale in Burbank, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
28 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 20:50 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗