Check Availability
$1,350,000
↓ $50K (3.6%)
● House - For Sale

331 N Reese

Burbank, CA 91506
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,921 Ft²
$6,629
Est. Monthly

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.
Unit Size
1,921 Ft²
Days on Market
80 days
Land Size
0.15 acres
Price per sqft
$703
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

Listed By

Henry Vega
Henry Vega, Broker

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Last updated: 5 days ago (CRMLS #BB26142414)

Price History

Date / Event Date Event Price
Oct 20, 2026 Price Decreased $1,350,000
↓ $50K (3.6%)
Price Decreased
Aug 23, 2026 Price Increased $1,400,000
↑ $100K (7.7%)
Price Increased
Jul 29, 2026 Listed by Enrique Henry Vega Jr. Broker $1,300,000
Listed by Enrique Henry Vega Jr. Broker

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage, DoorSingle
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Recessed Lighting, Tile Counters, AllBedroomsDown, MainLevelPrimary
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Flooring Type: Carpet, Laminate
Laundry Features: Washer Hookup, Gas Dryer Hookup, Outside
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1921
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: RepairsMajor
Architectural Style: Traditional, PatioHome
Year Built Source: Public Records
Year Built: 1940
Levels: One
Window Features: Blinds
Construction Materials: Stucco
Patio and Porch Features: Patio, Porch, Concrete
Pool Features: None
Lot Features: Rectangular Lot, ZeroToOneUnitAcre
Lot Size Area: 6746
Lot Size Units: Square Feet
Lot Size Acres: 0.1549
Lot Size Square Feet: 6746
Tax Lot: 49
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,744
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,921
  • Building Area: 1,921
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,921
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 7382
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TRACT # 7382 LOT/SEC 49

Neighborhood

  • School District Name: Burbank Unified School District
  • Census Tract: 310800

Zoning

  • Zoning: BUR1*

Geography

  • Assessors Map Reference: 24-C1
  • Subdivision Tract Number: 7382
  • Parcel: 2447-017-024
  • Lot: 49
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1706
  • Longitude: -118.325

    Address

  • Full Address: 331 N Reese Pl
  • Address - House Number: 331
  • Street Direction: N
  • Address - Street Name: Reese
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Burbank
  • Carrier Code: C043
  • 4-Digit Zip Code: 2141
  • Zip Code: 91506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $236,577
  • Tax Rate Code Area: 02-530

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,269,870
  • High Value: 1,562,011
  • Low Value: 977,729

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,920
  • Assessed Land Value: $76,449
  • Assessed Improvements Value: $124,471
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burbank


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Frequently Asked Questions

When was property at 331 North Reese Place built and last sold?
The property at 331 North Reese Place was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 331 North Reese Place is $1,364,214.
What are some comparable homes to 331 North Reese Place?
There are currently no comparable homes to 331 North Reese Place.