649 N Reese Place
Burbank, CA, 91506
$1,325,500
MLS: 226001192
Beds
2
Baths
2
Sq Ft
1,348
Lot
0.15 ac
Year Built
1928
MLS #
226001192
Days on Market
18
Listed
Mar 15, 2026
Description
Lovely Spanish Colonial multi generation home beautifully restored and maintained. This charming 2 bedroom and 2 bath home blends timeless charm with modern conveniences. Equipped with central heating and air conditioning to ensure year round comfort. Some of the outstanding features are remodeled kitchen and baths, separate dining room, laundry room, den, basement with wine cellar, newer permitted oversized garage with workshop and 512 sf permitted addition over the garage which is perfect for a studio, office or ADU for extra income. Ample parking in the driveway and a secure electric security gate. Relax on the covered patio overlooking the lovely serene back yard.
Location
Burbank, Los Angeles County, CA 91506
Open on Google Maps ↗Listed by: Judy Aronson · Judy Aronson Broker
Payment estimate
$9,507
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $132,550 · Loan: $1,192,950
- Principal & Interest
- $7,330
- Property tax (1.25%)
- $1,381
- Homeowners insurance
- $300
- Mortgage insurance
- $497
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 $46,393 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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