416 N Reese Place
Burbank, CA, 91506
$1,525,000
MLS: 26656843
Beds
3
Baths
3
Sq Ft
1,428
Lot
0.15 ac
Year Built
1941
MLS #
26656843
Days on Market
39
Listed
Feb 27, 2026
Description
Welcome home to this beautifully updated Burbank retreat offering the perfect blend of modern comfort, privacy, and California outdoor living. Set behind a gated entry, this property welcomes you with clean contemporary curb appeal, manicured landscaping, and an expansive driveway with ample parking and electric car charging station. Inside, the home exudes warmth and style, equipped with heated floors in the living room, kitchen and hallway while owned solar panels provide energy efficiency and long-term savings. The real showstopper awaits in the backyard, a private resort-style setting featuring a newly finished pebble-tech sparkling pool and spa, spacious patio for entertaining, and a bonus ~500SF game room with a vaulted ceiling and finished interior ideal for a home office, gym, studio, or creative space. Framed by mountain views and glowing sunset skies, this home offers the indoor-outdoor lifestyle Southern California buyers dream of. Located in the heart of Burbank, you're minutes from top-rated schools, major studios, parks, dining, and shopping all while enjoying the charm of a quiet residential neighborhood. A rare opportunity for a new homeowner to step into comfort, style, and long-term value in one of Burbank's most desirable communities.
Location
Burbank, Los Angeles County, CA 91506
Open on Google Maps ↗Listed by: Sevak Amranyan · 7 Capital, Inc.
Payment estimate
$10,893
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $152,500 · Loan: $1,372,500
- Principal & Interest
- $8,433
- Property tax (1.25%)
- $1,589
- Homeowners insurance
- $300
- Mortgage insurance
- $572
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Burbank home with as little as 3.5% down using an FHA loan — roughly $53,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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